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The Economic Times
The Economic Times
Ritesh Presswala

Caliber Mining & Logistics IPO opens today with 25% GMP; Check price band, and key details

Caliber Mining IPO BSE NSE Coal

Caliber Mining & Logistics' Rs 450-crore Initial Public Offering (IPO) opens for subscription today, July 17, with strong investor interest reflected in the grey market. The company's shares are commanding a Grey Market Premium (GMP) of around Rs 105, indicating a potential 25% listing gain over the upper price band of Rs 424. Based on the current GMP, the estimated listing price stands at around Rs 529 per share.

Caliber Mining & Logistics is looking to raise Rs 450 crore through its initial public offering, which comprises a fresh issue of 0.94 crore equity shares worth Rs 400 crore and an Offer for Sale (OFS) of 0.12 crore equity shares aggregating to Rs 50 crore.

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