Caliber Mining & Logistics IPO subscribed 147x; GMP signals 22% listing gain

Caliber Mining & Logistics’ Rs 450-crore IPO saw overwhelming investor demand, closing at 147 times subscription. Retail investors showed strong participation, subscribing 41 times for their reserved portion. The company’s shares are expected to list on July 24, 2026, with a potential listing gain. Grey market premium suggests a debut price of around Rs 518 per share. Proceeds will fund debt repayment and capital expenditure for expansion.

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.

Read more at the source

Leave a Reply

Your email address will not be published. Required fields are marked *