Caliber Mining and Logistics IPO: Issue booked 154 times on Day 03; NII, QIB portions see strong demand
New Delhi, July 21 -- The IPO of Caliber Mining and Logistics attracted strong demand on the final day of bidding, led by robust institutional participation, with the issue being oversubscribed more than 150 times.
All investor categories witnessed healthy participation. The non-institutional investors (NII) portion was oversubscribed 281 times, while the qualified institutional buyers (QIB) segment was subscribed 253 times. The retail investors' quota also attracted strong demand, with subscriptions reaching 43.40 times.
Overall, the IPO received bids for 114 crore shares against 74.29 lakh shares on offer, translating into an overall subscription of 154.66 times.
The Rs.450 crore public issue comprises a fresh issue of equity shares ...
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