Caliber Mining IPO subscribed 146x, retail sees 41x subscription

Caliber Mining's IPO was very popular, with investors bidding 146 times more than the shares available.

Big investors like banks and funds wanted shares 240 times more than offered, while regular people wanted them 41 times more.

The shares might list at ₹507, which is almost 20% more than the highest price set for the IPO.

Experts think it's a good investment for the long term because of India's need for coal and the company's strong plans.

However, the price in the grey market has dropped a bit, which might mean the market is a bit uncertain.