Caliber Mining & Logistics shares debuted nearly 19% above their IPO price on Friday, beating grey market expectations. The Rs 450 crore issue was subscribed 156.63 times, driven by strong demand across investor categories. The company plans to use the IPO proceeds to reduce debt, fund expansion, and strengthen operations.

Caliber Mining and Logistics' ₹450-crore IPO was subscribed 146.64 times, led by strong demand from QIBs and non-institutional investors.

The company's shares are currently commanding a grey market premium (GMP) of around 17%, indicating expectations of a healthy listing gain, although GMP is an unofficial market…

Caliber Mining & Logistics shares debuted nearly 19% above their IPO price on Friday, beating grey market expectations. The Rs 450 crore issue was subscribed 156.63 times, driven…