Caliber Mining IPO, July 16 -- Caliber Mining and Logistics, a mining operator dealing in coal logistics, is launching its initial public offering (IPO) on Friday, 17 July. The book-build issue is a combination of a fresh issue of shares and an offer for sale (OFS). The company aims to utilise the proceeds from the issue to pay certain borrowings and to buy commercial vehicles, plant and machinery.

The grey market is reflecting positive sentiment about the issue as the grey market premium (GMP) of Caliber Mining and Logistics shares was Rs.102 on Thursday morning, suggesting the stock could list at a premium of 24% over the issue price.

1. Caliber Mining IPO price band: The issue's price band has been set at Rs.402 to Rs.424 per share....