IPO-Bound RentoMojo Nets ₹376 Cr From Anchor Investors

Ahead of the commencement of the bidding for its public issue on September 9, furniture and appliance rental platform RentMojo has raised nearly ₹376.1 Cr from anchor investors. In a filing with the exchanges, the startup said that it allotted 93.1 Lakh equity shares to 41 anchor investors at ₹404 apiece, the upper end of its IPO price band. Sixteen domestic mutual funds lapped up 60.4 Lakh shares worth nearly ₹244.1 Cr via a total of 30 schemes, accounting for 32.68% of the total anchor allocat