Six Mainboard IPOs Open for Subscription in India Today

Six companies, including Rentomojo and ARCIL, opened their mainboard IPOs for public subscription on Wednesday, aiming to raise a combined total of approximately ₹7,200 crore.

Investors are closely watching the price bands, with Rentomojo setting its range at ₹384-404 per share, as the market experiences a significant surge in primary listing activity.

Analysts suggest that the high volume of simultaneous offerings reflects strong investor appetite, though they advise caution regarding valuation premiums in the current volatile market environment.