Summary of this article
Caliber Mining IPO share allotment finalises on July 22.
Investors can check allocation status through KFintech, BSE, NSE.
Shares list on the stock market on July 24.
The subscription window for Caliber Mining & Logistics Limited's initial public offering (IPO) closed on July 21. The coal extraction and logistics provider’s public issue saw strong investor participation during its bidding period. Following the close of the issue, the basis of allotment for the Caliber Mining IPO is expected to be finalised on July 22.
Caliber Mining IPO Subscription Details
Caliber Mining IPO is a Rs 450 crore book-built issue, comprising a fresh issue of 9.4 million shares aggregating to Rs 400 crore, and an offer for sale (OFS) of 1.2 million shares worth Rs 50 crore. Ahead of the public subscription window, the company raised Rs 135 crore from anchor investors.
The issue was booked 146.64 times across categories as investors bid for shares compared to the 7.83 million shares offered for subscription. Qualified Institutional Buyers (QIBs) led the demand for the company's shares as they oversubscribed their quota 240.71 times. On the other hand, Non-Institutional Investors (NIIs) and retail investors booked their quotas 267.36 times and 41.15 times respectively.
Caliber Mining and Logistics IPO GMP
Ahead of the official share allotment, Caliber Mining shares are being closely tracked in the unlisted market. In the grey market, shares of the company are trading with a 15 to 16.75 per cent premium over the upper end of the price band. Based on the current trends in grey market premium (GMP) the stock is expected to list at Rs 495 apiece based on current trends and the upper end of the price band.
How to Check Caliber Mining IPO Allotment Status
Investors who placed bids for the Caliber Mining IPO can verify their share allocation through the official registrar, KFin Technologies, or via the BSE and NSE portals once the allotment process is completed.
Check Allotment Status on Caliber Mining and Logistics Allotment on the NSE Website
Navigate to the NSE's dedicated IPO bid verification portal: nseindia.com/invest/check-trades-bids-verify-ipo-bids
Select "Equity" as the issue type.
Find "Caliber Mining & Logistics" from the dropdown menu of active issues.
Type in your PAN and your IPO application number.
Click the Submit button and your allotment details will be shown on screen.
Check Caliber Mining and Logistics Allotment Status on the BSE Website
Visit the BSE's investor application status page: bseindia.com/investors/appli_check.aspx
Click on the "Equity" option in the list shown on screen
Choose "Caliber Mining & Logistics" from the list.
Enter the PAN used for applying for the IPO, alternatively type in your application number.
Press "Search" to view your allocation status.
Check Caliber Mining and Logistics Allotment Status via KFin Technologies
Go to KFin Technologies' IPO allotment portal: https://ris.kfintech.com/ipostatus/
Select "Caliber Mining & Logistics" from the dropdown list of companies.
Select your preferred search method: Application Number, Demat Account, or PAN.
Enter the corresponding credential into the provided text field.
Click "Search" to confirm exactly how many shares were allocated to you.
Caliber Mining IPO Details
The Caliber Mining IPO price band was set between Rs 402 and Rs 424 per share. For retail investors, the minimum bidding requirement was one lot of 35 shares, which translates to a minimum investment of Rs 14,840 at the upper price band.
Caliber Mining IPO Listing Date
With the basis of allotment scheduled for July 22, the initiation of refunds for non-allottees and the credit of shares to the demat accounts of successful bidders will occur on July 23. Caliber Mining shares are slated to make their stock market debut on both the NSE and BSE on Friday, July 24.
