Rentomojo IPO could deliver up to 152x returns to early investor: Report

Rentomojo's IPO could deliver huge gains for early investors, with one shareholder potentially making 152x returns, Entrackr reported. Existing investors plan to sell ₹1,106 crore worth of shares through the OFS. Nazara Technologies founder Nitish Mittersain, Rentomojo's first startup investment, is selling ₹6 crore worth of shares and could earn 152x returns, while Accel may make 8.63x.