Archive · 21 Jul 2026
Caliber Mining IPO oversubscribed 23.37 times
Caliber Mining and Logistics Ltd, a company that provides mining services but does not own any mines, launched its Initial Public Offer (IPO).
On the second day of bidding, the IPO was subscribed 23.37 times, meaning there were many more bids than shares available.
The company raised ₹135 crore from anchor investors and aims to raise more through the IPO, which closes on July 21, 2026.
The IPO includes a fresh issue of ₹400 crore and an offer-for-sale of ₹50 crore by promoters.
The company operates in Maharashtra, Madhya Pradesh, and Chhattisgarh.
Caliber Mining IPO subscribed 23.37 times on the second day of bidding.
Non-institutional investors subscribed 69.80 times, retail investors 16.01 times, and QIBs 1.41 times.
Company raised ₹135 crore from anchor investors.
IPO includes a fresh issue of ₹400 crore and an offer-for-sale of ₹50 crore by promoters.
IPO priced between ₹402-424 per share, closing on July 21, 2026.
- Who
- Caliber Mining and Logistics Ltd
- What
- Initial Public Offer (IPO)
- When
- July 20, 2026 (Day 2 of bidding)
- Where
- India (operates in Maharashtra, Madhya Pradesh, Chhattisgarh)
- Why
- To raise capital through fresh issue and offer-for-sale by promoters
Investor Enthusiasm
Market Skepticism
Subscription Rates
Investor Enthusiasm
High subscription rates indicate strong investor confidence and demand for the IPO.
Market Skepticism
Some may view the high subscription as speculative, potentially leading to volatility post-listing.
- Company Name
- Caliber Mining and Logistics Ltd
- IPO Subscription Rate
- 23.37 times
- Shares Bid
- 18,30,92,000
- Shares on Offer
- 78,35,821
- Price Range
- ₹402-424 per share
- IPO Closing Date
- July 21, 2026
- Anchor Investment
- ₹135 crore
- Fresh Issue
- ₹400 crore
- Offer-for-Sale
- ₹50 crore
