Caliber Mining And Logistics IPO Opens Today; Raises ₹134.99 Crore From Anchors

Caliber Mining and Logistics, a coal mining services operator working across Maharashtra, Madhya Pradesh and Chhattisgarh, opened its ₹450 crore initial public offering (IPO) for subscription today, 17 July 2026, after raising ₹134.99 crore from anchor investors a day earlier at ₹424 per share.

The issue closes on 21 July and is the third mainboard IPO to open this week.

IPO Structure And Details

Here are key details of Caliber Mining and Logistics IPO:

• Price band: ₹402 to ₹424 per share

• Total issue size: ₹450 crore

• Fresh issue: ₹400 crore

• Offer for sale: ₹50 crore by promoters Mohit Satishkumar Chadda, Anuj Krishanlal Chadda, Manish Krishanlal Chadda and Rahul Roshanlal Chadda

• Minimum lot size: 35 shares

• Listing: BSE and NSE

Anchor Book

The company allotted 31,83,961 equity shares to anchor investors, of which 15,33,035 shares went to two domestic mutual funds across five schemes. Anchor participants included:

• Ashoka India Equity Investment Trust Plc

• Carnelian India Amritkaal Fund

• Abakkus Four2Eight Opportunities Fund

• Quant Mutual Fund

• Helios Small Cap Fund

About The Company

Incorporated in 2014, Caliber Mining and Logistics provides end-to-end coal mining and logistics services, including overburden removal, coal extraction, loading, unloading and road and rail transportation coordination. The company does not own any mines but operates as a service provider to mine owners.

As of 30 April 2026, the company operated a fleet of 1,911 vehicles, plants and machinery, including 883 tippers, 64 loaders, 162 excavators and 362 tip trailers, with 100 leased assets.

Financial Performance

• FY24 revenue: ₹953.1 crore

• FY26 revenue: ₹1,678 crore

• FY24 profit after tax: ₹95.9 crore

• FY26 profit after tax: ₹158.3 crore

Use Of Proceeds

Fresh issue proceeds will go toward repaying existing borrowings to deleverage the balance sheet, funding capital expenditure for machinery acquisition and general corporate purposes.

DAM Capital Advisors is the book-running lead manager and KFin Technologies is the registrar.

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