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The Economic Times
The Economic Times
Ritesh Presswala

Caliber Mining & Logistics IPO Day 2: Issue gets 7.5x subscription so far; GMP points to 27% listing upside

Caliber Mining IPO GMP Coal

Caliber Mining & Logistics’ Rs 450-crore initial public offering (IPO) continued to attract strong investor demand on the second day of bidding on Monday. The issue was subscribed 7.49 times against the 78.35 lakh shares available for subscription.

The Retail Individual Investors (RII) segment witnessed healthy participation, with the category subscribed 5.68 times against the 39.17 lakh shares reserved for retail investors.

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