The Economic Times

Up to 152X return! Rentomojo IPO delivers eye-popping gains to Nitish Mittersain, other early backers

Rentomojos stock market debut has turned into a major windfall for early investors, with Nazara Technologies founder Nitish Mittersain set to clock a 152X return on his investment based on the IPOs upper price band. Several other early backers, including Accel India, Madison India and Rajeev Chitrabhanu, are also poised to unlock multi-fold gains following the companys listing on Thursday.