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Covesting Technologies Pvt Ltd

24th Jul · SEBI-Registered Analyst

🚀 MARKET INSIGHT | Caliber Mining & Logistics !

🚀 MARKET INSIGHT | Caliber Mining & Logistics 🎉 A strong stock market debut! Caliber Mining & Logistics listed at a 19% premium over its #IPO price on the BSE, outperforming grey market expectations and reflecting robust investor confidence. 📊 Key Highlights: ✅ Listed at a 19% premium over the IPO price 💰 ₹450 crore IPO received an overwhelming 156.63x subscription 👥 Strong participation across QIB, NII, and Retail investor categories 🏗️ IPO proceeds to be used for debt reduction, business expansion, and operational strengthening The strong listing underscores positive investor sentiment toward the company's growth prospects, with a focus on expanding operations and strengthening its balance sheet.

#IPO
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