About Caliber Mining & Logistics IPO
Caliber Mining and Logistics IPO
Caliber Mining and Logistics IPO is a 100% book-built of up to ₹450 crore, comprising a fresh issue of ₹400 crore and an offer for sale (OFS) of ₹50 crore, with a face value of ₹10 per share. The company filed its DRHP with SEBI on December 30, 2024.
The price band of the issue is set at ₹402 to ₹424 per share and the lot size for an application is 35 shares. The minimum amount of investment required by an individual investor is ₹14,840 (35 shares). The IPO will be open for subscription from July 17 to 21, 2026, on the BSE and the NSE platform, with a tentative listing date fixed as July 24, 2026. The book-running lead manager of the issue is DAM Capital Advisors Ltd., while the registrar to the issue is KFin Technologies Ltd.
Caliber Mining and Logistics IPO Date & Timeline
The Caliber Mining and Logistics IPO is officially set to open for subscription on Jul 17, 2026 and will close on Jul 21, 2026. The company initially filed its Draft Red Herring Prospectus (DRHP) on December 30, 2024 and has now finalized its schedule following SEBI approval. Once the subscription window closes, allotment is expected on Jul 22, 2026. Following this, the firm will initiate refunds and credit shares to successful investors' demat accounts on Jul 23, 2026. Finally, shares of Caliber Mining and Logistics Ltd. are tentatively scheduled to list on the stock exchanges on [Listing Date].
Caliber Mining & Logistics IPO Timeline
| IPO Open Date | Fri, Jul 17, 2026 |
| IPO Close Date | Tue, Jul 21, 2026 |
| Tentative Allotment | Wed, Jul 22, 2026 |
| Initiation of Refunds | Thu, Jul 23, 2026 |
| Credit of Shares to Demat | Thu, Jul 23, 2026 |
| Tentative Listing Date | Fri, Jul 24, 2026 |
| Cut-off time for UPI mandate confirmation | - |
Caliber Mining & Logistics IPO Details
| Detail | Description |
|---|---|
| IPO Date | 17 to 21 Jul, 2026 |
| Listing Date | 24 Jul, 2026 |
| Face Value | ₹ 10 per share |
| Issue Price Band | ₹ 402 to ₹ 424 |
| Lot Size | 35 Shares |
| Sale Type | Fresh Capital & OFS |
| Total Issue Size | 1,06,13,207 shares (agg. up to ₹ 450 Cr) |
| Fresh Issue(Ex Market Maker) | 94,33,962 shares (agg. up to ₹ 400 Cr) |
| Offer for Sale | 11,79,245 shares of ₹10 (agg. up to ₹ 50 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 5,59,41,823 shares |
| Share Holding Post Issue | 6,53,75,785 shares |
Caliber Mining and Logistics IPO GMP
“Grey Market Premium” or GMP is defined as the rate at which the IPO's shares are traded in the market before they are officially listed on the stock exchange.
The Caliber Mining and Logistics IPO GMP is currently trading at ₹80, reflecting the sentiment of unofficial investors before the official listing. This premium suggests a potential listing price of ₹504, which is 18.87% above the issue price. While the Grey Market Premium is a key indicator of demand and investor appetite, it is important to remember that GMP is highly volatile and should not be the sole factor in your investment decisions.
Caliber Mining & Logistics GMP TREND (DAILY UPDATES)
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| 15 Jul 2026 | ₹424.00 | ₹98 | 15 Jul, 202606:21 PM |
| 14 Jul, 2026 | ₹424.00 | ₹60 | 14 Jul, 202604:26 PM |
Company Background
Caliber Mining and Logistics Ltd. was incorporated as Caliber Mercantile Private Limited on July 3, 2014, in Mumbai, Maharashtra. Over the years, the company evolved its operational focus, leading to a name change to Caliber Mining and Logistics Private Limited and subsequently converting to a public limited company in 2024.
The company operates out of its registered office in Chandrapur and a corporate office in Nagpur. The company functions as a rapidly growing second-generation business enterprise. The organisation has transitioned from foundational logistics operations into a comprehensive contract mining entity, expanding its presence primarily across central India.
Operations & Product Range
Caliber Mining and Logistics Ltd. is known for its expertise in providing complete solutions in the coal and minerals industry. The company’s activities revolve around the processes involved in mining, massive overburden handling, loading and unloading of coal and road transportation. This makes the company act as a single-source provider of coal mining and logistics services.
The business strategy of the company focuses largely on serving mining organisations and power stations by providing uninterrupted flow and transportation of essential raw materials, while the range of services offered is geared towards maximising the productivity of opencast mines.
Facilities & Capacity
Caliber Mining and Logistics Ltd. has established a strong infrastructure in mineral-rich states such as Maharashtra, Chhattisgarh and Madhya Pradesh to execute its mining and transportation contracts. As of the end of 2024, the firm has a fleet of 1,473 units comprising 600 tippers, 46 loaders, 96 excavators and 447 tip trailers. With such an elaborate fleet of machinery, the company can move millions of cubic metres of earthwork and transport thousands of tonnes of coal every year.
Brands & Market Presence
Caliber Mining and Logistics Ltd. is a major player among Indian companies that specialise in contract mining services. This company is renowned for providing a full range of services such as overburden stripping, coal mining and logistical operations. Its primary expertise lies in the mining areas of central India and it has many connections with the mining subsidiaries owned by the government.
Revenue Streams & Business Model
Caliber Mining and Logistics Ltd.’s primary revenue source is driven by a diversified yet focused business model: long-term service contracts for overburden removal and raw coal extraction. Additional significant revenue is sourced from road transportation services, rake loading and rail coordination logistics. The company also engages in coal trading, which adds a supplemental layer to its top line. The revenue model is heavily reliant on domestic operations, with the largest volume of business stemming from prominent mine-owning subsidiaries of Coal India Ltd.
Financial Performance
Caliber Mining and Logistics Ltd. demonstrates strong financial growth, with total income expanding from ₹957.92 crore in FY24 to ₹1,684.66 crore in FY26. Profit after tax (PAT) concurrently surged from ₹95.90 crore to ₹157.90 crore over the same period. While profitability remains solid with an EBITDA margin of 25.69%, total borrowings increased to ₹1,057.61 crore in FY26 to finance operational expansion.
Management & Shareholding
The management of Caliber Mining and Logistics Ltd. is led by Mohit Satishkumar Chadda, Anuj Krishanlal Chadda, Manish Krishanlal Chadda, Rahul Roshanlal Chadda and Priya Anuj Chadda. Before the IPO, the promoter group held a significant majority stake of over 92.66% of the pre-issue share capital. But after the IPO, the promoter shareholding will be diluted in accordance with regulatory requirements, thereby increasing the public float.
Board & Key Management
The leadership of Caliber Mining and Logistics Ltd. is led by a team of experts with many years of experience. Mohit Satishkumar Chadda serves as the Chairman & Managing Director and gives strategic direction to the firm and manages the daily operations, along with Whole-Time Directors Manish Krishanlal Chadda, Rahul Roshanlal Chadda and Priya Anuj Chadda. To ensure good governance, the board includes Independent Directors Ramnath Pradeep, Anil Kumar Jha, Rajendra Prasad Shukla and Kawal K. Jaggi for honest oversight. Together, this team uses its knowledge to help the company grow and stay successful.
Caliber Mining & Logistics IPO Financial Information
Latest Revenue
1,677.66
₹ Crore
Profit After Tax
157.90
₹ Crore
Net Worth
647.54
₹ Crore
Total Borrowing
1,057.61
₹ Crore
| Period Ended | Assets | Revenue From Operations | Profit After Tax | Net Worth | Reserves & Surplus | Total Borrowing | |||
|---|---|---|---|---|---|---|---|---|---|
| 31 Mar 2026 | 2,077.39 | 1,677.66 | 157.90 | 647.54 | 593.96 | 1,057.61 | |||
| 31 Mar 2025 | 1,404.09 | 1,430.40 | 131.55 | 489.30 | 435.71 | 649.27 | |||
| 31 Mar 2024 | 1,279.18 | 953.12 | 95.90 | 295.93 | 244.93 | 717.88 | |||
| Amount in ₹ Crore | |||||||||
Caliber Mining & Logistics Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | - |
| ROCE | 16.79 % |
| Debt/Equity | 2.46 |
| RoNW | 32.27 % |
| PAT Margin | 9.98% |
| EBITDA Margin | - |
| Price to Book Value | 7.33 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 29.47 | - |
| P/E (x) | 14.39 | - |
IPO Objectives
The company intended to utilise the Caliber Mining and Logistics IPO proceeds for strategic purposes:
- Funding the capital expenditure for the purchase of new heavy machinery and equipment
- Repayment/prepayment of debt (in full or in part)
- General corporate purposes
IPO Review
Caliber Mining and Logistics Ltd. is a company with a strong foothold in the domestic contract mining and logistics sector. By positioning itself as an integrated service provider handling everything from extraction to transportation, the company has carved out a specialised niche. The scale of its operations, supported by a massive fleet of heavy earthmoving machinery, provides a tangible competitive advantage in securing and executing large-volume contracts.
Financially, the company has demonstrated a strong growth trajectory, with revenue rising from ₹957.92 crore in FY24 to ₹1,684.66 crore in FY26. Net profit expanded from ₹95.90 crore to ₹157.90 crore, while borrowings reached ₹1,057.61 crore to support expansion.
However, the business model carries inherent sector-specific dependencies. The heavy reliance on contracts from Coal India subsidiaries means that revenue generation is closely tied to the capital expenditure and production targets of these state-owned entities. Overall, the IPO review presents an opportunity to participate in a capital-intensive business with an established execution track record.
Conclusion
Caliber Mining and Logistics IPO is an opportunity for investors to invest in a growing company that has maintained a lot of physical assets and a wide range of services that are important for mining infrastructure. With this issue, the company aims to reduce debt to strengthen the balance sheet and to fund capital expenditures for purchasing new and upgraded equipment.
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Competitive Strengths
Integrated business approach providing end-to-end coal mining solutions.
Large, effective fleet of more than 1,400 trucks and other special equipment that ensures efficiency.
Long-term partnerships with clients such as public sector-owned mining companies.
Integration of sophisticated integrated software that allows real-time tracking and control throughout business operations.
Download regulatory filings
IPO Lot Size
| Investors | No.of lots | Shares Offered | Max Bid Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 1 | 35 | 14840 |
| Individual investors (Retail) (Max) | 13 | 455 | 192920 |
| S-HNI (Min) | 14 | 490 | 207760 |
| S-HNI (Max) | 67 | 2345 | 994280 |
| B-HNI (Min) | 68 | 2380 | 1009120 |