New Delhi, July 17 -- The initial public offering (IPO) of Caliber Mining and Logistics witnessed strong demand from both retail and non-institutional investors on its opening day of bidding on July 17.

The IPO, which will remain open for subscription until July 21, received bids for 96.54 lakh shares against the 74.29 lakh shares on offer, resulting in an overall subscription of 1.31 times by the end of Day 1, according to exchange data.

Among the investor categories, the non-institutional investors (NII) segment attracted the highest interest, getting subscribed 1.69 times, followed by the retail investors at 1.70 times. The qualified institutional buyers (QIB) portion was also subscribed 0.31 times.

Caliber Mining and Logistics has ...