New Delhi, July 15 -- Caliber Mining & Logistics IPO: The initial public offering of Caliber Mining and Logistics is set to open for public subscription on Friday, 17 July, and will remain so until Tuesday, 21 July. Ahead of the issue, grey market is showing mild enthusiasm for Caliber Mining shares.

The grey market premium (GMP) of Caliber Mining & Logistics shares on Wednesday, 15 July, morning was Rs.80, suggesting the stock could list at a 19% premium over the issue price.

Caliber Mining IPO is a book build issue, which combines a fresh issue of 94 lakh shares and an offer for sale (OFS) of 12 lakh shares. With a price band of Rs.402 to Rs.424 per share, the company aims to raise about Rs.400 crore from the fresh issue of shares.

C...