Caliber Mining IPO begins today: GMP signals handsome gains already; see details

Despite the continuation of the conflict in West Asia, investor enthusiasm in the primary market seems to be reviving. After the remarkable success of SBI Funds Management and Millworks Technologies IPO, another issue Caliber Mining IPO is displaying a high GMP on the morning of July 17, the day of opening of its bidding process.

Kolkata: The bidding process of Caliber Mining IPO is opening today. It is a book building issue designed to mobilise Rs 450.00 crores through a combination of fresh issue of 0.94 crore shares aggregating to Rs 400.00 crores and OFS (offer for sale) part of 0.12 crore shares aggregating to Rs 50.00 crores. The IPO is commanding a significantly high GMP this morning. Caliber Mining and Logistics is an integrated service provider and specialise in coal mining. It offers comprehensive mining and logistics services, including coal........

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