Rentomojo, an innovative online rental platform specializing in furniture and appliances, has received approval from Sebi for its Initial Public Offering (IPO). Aiming to raise up to Rs 150 crore through new equity and an Offer for Sale by current shareholders, the proceeds will support loan repayments, warehouse rentals, and overall business operations. With a strong subscriber base and diverse product offerings in various cities, Rentomojo is poised for growth.
Is the smallcap rally a trap? Only 37% of stocks are outperforming their benchmark
India’s recent smallcap surge indicates that less stock is outpacing the benchmark index, revealing a narrowing group of successful stocks boosting overall returns. Conversely, largecap
August 25, 2026