Rentomojo IPO
Rentomojo IPO is a mainboard IPO raising ₹1,256 Cr at ₹384 – ₹404 a share. It listed on 17 Sept 2026 at ₹482, +19.4% against its issue price of ₹404, and trades at ₹527 today (+30.4% since issue). It was subscribed 73× in total.
72.9 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
Who bid for it
| Investor category | Shares offered | Shares bid for | Subscribed |
|---|---|---|---|
| QIB Banks, funds and other large institutions | 62,05,779 | 1,10,02,38,438 | 177× |
| Foreign Institutional Investors | no separate quota | 24,68,62,039 | n/a |
| Domestic Financial Institutions | no separate quota | 60,41,85,025 | n/a |
| Mutual funds | no separate quota | 5,95,23,084 | n/a |
| Others | no separate quota | 18,96,68,290 | n/a |
| Non-institutional Wealthy individuals and companies bidding above ₹2 lakh | 46,54,335 | 31,61,47,203 | 68× |
| Non Institutional Investors | 31,02,890 | 22,70,15,424 | 73× |
| Corporates | no separate quota | 20,56,756 | n/a |
| Individuals | no separate quota | 21,64,23,212 | n/a |
| Others | no separate quota | 85,35,456 | n/a |
| Non Institutional Investors | 15,51,445 | 8,91,31,779 | 57× |
| Corporates | no separate quota | 3,23,047 | n/a |
| Individuals | no separate quota | 8,60,72,582 | n/a |
| Others | no separate quota | 27,36,150 | n/a |
| Retail Ordinary investors bidding up to ₹2 lakh | 1,08,60,114 | 16,93,29,945 | 16× |
| Cut Off | no separate quota | 14,84,91,397 | n/a |
| Price bids | no separate quota | 2,08,38,548 | n/a |
| Employees | 52,083 | 10,95,126 | 21× |
| Cut Off | no separate quota | 9,02,282 | n/a |
| Price Bids | no separate quota | 1,92,844 | n/a |
| Total | 2,17,72,311 | 1,58,68,10,712 | 73× |
Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 12 Sept, 08:15 am IST.
Where the bids landed
Demand barely changes across the price band — bidders were not price-sensitive. 9% of the book was bid at cut-off — investors who accept whatever price is set.
Cumulative shares bid for at each price, across both exchanges. “Cut-off” means the investor accepts whatever final price is set — mostly small retail applications. A band where demand barely changes between the low and high price tells you bidders were not price-sensitive.
How demand built
Our own series — the exchanges publish a running total and never a history.25 readings held.
Institutions typically enter the book on the final day, which is why a day-one subscription figure tells you very little.