Rentomojo Early Backers Eye Big Returns in Rs 1,106 Crore IPO OFS

5 Sept 2026, 1:33 pm · 7d ago · 1 min read · Entrackr

Amount

Rs 1,106 Cr

Stage

IPO

Furniture and appliance rental platform Rentomojo’s upcoming initial public offering will see existing shareholders offload shares worth Rs 1,106 crore through an offer for sale. At the upper price band of Rs 404 per share, early backer and Nazara Technologies founder Nitish Mittersain is poised to score a 152X return on his Rs 6 crore share sale. Venture capital firm Accel India could generate an 8.63X return on offloading Rs 317 crore in stock, while Chiratae Ventures and Madison India are set to log returns of 4.93X and 7.22X, respectively.