Rentomojo Shares Jump 25% on Market Debut Amid Valuation Questions
Indian furniture-rental platform Rentomojo rose nearly 25% on its trading debut, reaching about 503 rupees from an issue price of 404 rupees. Strong early demand, especially from institutional investors, helped drive the opening surge. The company reported revenue growth of 45.5% and net-profit growth of 142% for the financial year ended March 2026. However, newly listed companies often face sharp price swings after initial investor excitement fades. Long-term investors may need to look beyond debut-day momentum and assess the company’s balance sheet, margins and ability to sustain growth across future business cycles. This is for financial education only and not investment advice.
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