Caliber Mining & Logistics IPO opens with a ₹251-265 price band and 25% grey market premium. The issue closes Wednesday, listing on BSE and NSE.
Caliber Mining & Logistics launched its initial public offering Monday, pricing shares at ₹251 to ₹265 apiece. The company is offering roughly 1.2 crore shares, with a grey market premium of 25% over the upper band, dealers said.
The IPO runs through Wednesday. Bids can be placed in lots of 55 shares. The company plans to use proceeds for working capital, debt repayment, and general corporate purposes.
Caliber Mining provides logistics services to the mining sector, including equipment transport and material handling. The firm operates across coal, iron ore, and limestone supply chains in central and eastern India.
Kfin Technologies is the registrar for the issue. Shares are expected to list on the BSE and NSE.
Among the stocks in focus this week, HDFC Bank carries an Alpha Score of 44, while Infosys scores 57 and Wipro scores 46. The IPO market remains active, with several small and mid-cap offerings opening in the current quarter.
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