Business & Markets: India — Today

RentoMojo's ₹1,256 crore IPO closed with a staggering 72.88X subscription, a testament to investor hunger for asset-heavy consumer models in a crowded IPO calendar.

Money Moves

• RentoMojo IPO Subscription — The furniture rental startup's issue attracted 158.7 crore bids against 217.7 crore shares, with retail investors subscribing 15.59X.
• ESDS Post-Listing Rally — Shares of ESDS Software have surged 306% from its IPO price of ₹429,...