Caliber Mining IPO oversubscribed 23.37x on Day 2

Caliber Mining, a company that digs up coal, had a big event where people could buy their shares for the first time.

On the second day, they got way more interest than they expected.

People who aren't big companies or regular investors wanted to buy a lot, and even big companies started showing more interest.

The shares are being sold for between 402 and 424 rupees each.

In a secret market, the shares are being sold for even more, which means people think they might be worth more when they officially start selling on the big markets.

The company will use this money to grow and do more work.

Experts think it's a good idea to buy these shares if you want to keep them for a long time.