Rentomojo sets IPO price range at ₹384-404, to open on September 9

Furniture rental platform Rentomojo has set its IPO price band at ₹384-404 per share, with bidding open from September 9-11. Retail investors can bid for at least 37 shares and in multiples thereafter. The IPO values Rentomojo at around ₹4,200 crore and includes ₹150 crore in fresh shares and an offer for sale (OFS) of 2.74 crore shares.