HighPositive
Announced Tue, 21 Jul · 18:25 IST
Caliber Mining and Logistics IPO: Issue booked 154 times on Day 03; NII, QIB portions see strong demand
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
The Caliber Mining and Logistics ₹450 crore IPO was oversubscribed 154.66 times on the final bidding day, with the QIB portion subscribed 253 times, NII 281 times, and retail 43.40 times. The price band is fixed at ₹402-₹424 per share, and a grey market premium of about ₹86 suggests an estimated listing price near ₹510, implying a premium of roughly 20.28%. DAM Capital Advisors is the book-running lead manager, and the equity shares are proposed to list on both NSE and BSE.