Rupix

Caliber Mining & Logistics IPO

Caliber Mining & Logistics came to market through an IPO that opened on 17 July 2026 and closed on 21 July 2026, and the shares listed on 24 July 2026 on BSE, NSE. The price band was ₹402 to ₹424 per share and one lot was 35 shares, so the minimum application was ₹14,840. The issue size was ₹450 crore. It combined a fresh issue of new shares with an offer for sale by existing shareholders.

It listed at ₹500.25, a gain of 18% against the issue price of ₹424. Kfin Technologies Limited was the registrar to the issue, and Dam Capital Advisors Limited was the lead manager.

Issue details

Issue type
Book Built Issue
Price band
₹402 to ₹424
Lot size
35 shares
Minimum investment
₹14,840
Face value
₹10 per share
Issue size
₹450 crore
Fresh issue
94,33,962 shares (aggregating up to ₹400 crore)
Offer for sale
11,79,245 shares (aggregating up to ₹50 crore)
Listing at
BSE, NSE
Registrar
Kfin Technologies Limited
Lead managers
Dam Capital Advisors Limited
Promoter holding before the issue
90.91%
Promoter holding after the issue
75.98%

Timeline

Opens
17 July 2026
Closes
21 July 2026
Allotment
22 July 2026
Listing
24 July 2026

Subscription status by day

As of 21 July 2026.

Day
1
2
3

Overall the issue was subscribed 148.85 times.

Listing day and after

Issue price
₹424
Listing price
₹500.25
Listing gain
18%
Listed on
24 July 2026

About Caliber Mining & Logistics

Incorporated in 2014, Caliber Mining and Logistics Limited has functioned as an integrated service provider with expertise in coal mining and logistics.The company offers all-round services such as coal mining, overburden removal, coal loading and unloading, road transport and rail transportation coordination and hence is an integrated solution provider for its coal mining and logistics business.

The company's largest clients include subsidiaries of Coal India Limited (CIL), which include Western Coalfields Limited (WCL) and Northern Coalfields Limited (NCL).The company has been in the logistics business since Fiscal 2016, being a one stop solution for coal loading, unloading and road transport. In Fiscal 2023, the company extended its operations to iron ore clients. Coal mining and overburden removal operations of the company are located in states of Maharashtra, Chhattisgarh and Madhya Pradesh.

As of October 31, 2024, the company had 3,742 employees including nine retainer employees.

As described in the offer document.

Objects of the issue

  • Repayment/ prepayment, in full or part, of certain borrowings availed by the Company - ₹208.0 Cr
  • Funding capital expenditure for purchase of machinery - ₹167.0 Cr
  • General Corporate Purposes

Strengths

  • Experienced Promoters: The company has been led by the Chadda family, with around 10–15 years of experience in the industry, ensuring business growth and diversification in mining, logistics, and coal trading.
  • Effective Maintenance Support: In-house workshops for vehicle maintenance will help keep cost of operations low, improve fleet utilization and extend the life of vehicles.
  • Good Order book & Relationship with Clients: Good long-standing relationship with clients and especially Coal India subsidiaries, backed by a good order book.

Risks

  • Cyclical Nature of Tenders & Industry: Dependence on tender bids and customer demand in mining and power sectors may affect the revenue and profits in case of delay in tender awarding and project delay.
  • Dependence on a Few Orders: Dependence on large projects may result in project and cash flow risks due to delays in completion of project and in payment.
  • Financial Risks Due to External Borrowings: Company's reliance on external borrowings to finance the equipment purchases and working capital requirement may result in financial risks.

Financials (₹ crore)

Metric31-Mar-2631-Mar-2531-Mar-24

Listed peers

Caliber Mining
RoNW 24.38%%
Power Mech Projects
RoNW 15.90%%
Ncc Ltd
RoNW 9.02%%
Sindhu Trade
RoNW 2.54%%
Dilip Buildcon
RoNW 20.09%%

Anchor investors

Shares
31,83,961

Caliber Mining and Logistics Limited finalised its anchor investor allocation on July 16, 2026, raising ₹135.00 crore from 10 institutional investors at an anchor price of ₹424 per share, including a share premium of ₹414. The anchor book comprises 31,83,961 equity shares allocated across domestic mutual funds and non-mutual fund institutional investors.

Domestic mutual funds received 48.14% of the anchor allocation through 2 fund houses across 5 schemes — Quant Mutual Fund participated through 4 schemes (QSIF Equity Ex Top 100 Long-Short Fund, QSIF Equity Long Short Fund, QSIF Hybrid Long-Short Fund, and QSIF Active Asset Allocator Long-Short Fund), while Helios Small Cap Fund participated as the second domestic mutual fund.

Ashoka India Equity Investment Trust PLC received the single largest individual allocation at 18.52%, followed by 3P India Equity Fund 2M and Helios Small Cap Fund at 11.11% each. Abakkus Four2Eight Opportunities Fund, Carnelian India Amritkaal Fund, and Anchorage Capital Fund – Anchorage Capital Scheme III each received 7.41%.

Promoters

Mohit Satishkumar Chadda, Anuj Krishanlal Chadda, Manish Krishanlal Chadda, Rahul Roshanlal Chadda, Priya Anuj Chadda. Promoter holding 90.91% before the issue and 75.98% after.

Application sizes

Retail (min)
1 lot, 35 shares, ₹14,840
Retail(max)
13 lots, 455 shares, ₹1,92,920
sHNI(min)
14 lots, 490 shares, ₹2,07,760
sHNI(max)
67 lots, 2345 shares, ₹9,94,280
bHNI(min)
68 lots, 2380 shares, ₹10,09,120

Valuation

EPS Pre IPO
₹28.23
EPS Post IPO
₹24.15
P/E Pre IPO
15.02
P/E Post IPO
17.55
ROCE
16.60%
RoNW
24.38%
PAT Margin
9.41%
Debt/Equity
1.63
Price/Book
7.33
Market Cap
₹2,771.93 Cr

Registrar and allotment status

Registrar
Kfin Technologies Limited
Allotment status
https://ipostatus.kfintech.com/
Phone
04067162222, 04079611000
Email
cmll.ipo@kfintech.com

Work out the listing gain for this IPO

How allotment works

If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.

The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.

Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.

What happens on listing day

Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.

For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.

Questions about the Caliber Mining & Logistics IPO

What is Caliber Mining & Logistics IPO?

Caliber Mining & Logistics IPO was a ₹450 crore book-built issue, comprising a fresh issue of ₹400 crore and an offer for sale of ₹50 crore. It was priced at ₹402–₹424 per share with a lot size of 35 shares (₹14,840). The IPO was open from July 17 to July 21, 2026 and was subscribed 148.85x. Shares listed on BSE and NSE on July 24, 2026 at ₹500.25, a 18.0% premium to the issue price of ₹424.

Kfin Technologies Limited is the registrar. Dam Capital Advisors Limited is the book running lead manager.

What is the price band of Caliber Mining & Logistics IPO?

The price band of Caliber Mining & Logistics IPO is ₹402 to ₹424 per share.

What is the lot size of Caliber Mining & Logistics IPO?

The lot size of Caliber Mining & Logistics IPO is 35 shares.

What is the minimum investment for Caliber Mining & Logistics IPO?

The minimum investment for Caliber Mining & Logistics IPO is approximately ₹14,840 based on the upper price band.

What is the allotment date of Caliber Mining & Logistics IPO?

The allotment date of Caliber Mining & Logistics IPO is Jul 22, 2026.

What was the GMP of Caliber Mining & Logistics IPO before listing?

No GMP quote could be verified as recorded before Caliber Mining & Logistics IPO listed. A grey-market observation of ₹63 per share was recorded on 24 Jul 2026, 6:30 AM IST, but without a verified listing timestamp it is not treated as the final pre-listing GMP. The shares listed at ₹500.25. GMP is unofficial and does not forecast or guarantee the actual listing price.

How has Caliber Mining & Logistics IPO share price performed since listing?

Caliber Mining & Logistics IPO listed on Jul 24, 2026. It was issued at ₹500.25(NSE) and is currently around ₹541.25 as on 2-Nov-2026 3:30 PM, which is approximately 27.7% versus issue price. The 52-week high is ₹653.00.

How to check Caliber Mining & Logistics IPO allotment status?

You can check Caliber Mining & Logistics IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Caliber Mining & Logistics IPO allotment status on Rupix for quick and easy access.

What was the price band of the Caliber Mining & Logistics IPO?

₹402 to ₹424 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.

What was the lot size of the Caliber Mining & Logistics IPO?

One lot was 35 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹14,840.

What was the minimum investment in the Caliber Mining & Logistics IPO?

₹14,840, for one lot of 35 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.

When did the Caliber Mining & Logistics IPO open and close?

It opened on 17 July 2026 and closed on 21 July 2026.

When was the allotment of the Caliber Mining & Logistics IPO?

The basis of allotment was published on 22 July 2026 by Kfin Technologies Limited, and allotted shares were credited to demat accounts before listing.

When did Caliber Mining & Logistics list on BSE, NSE?

The shares listed on 24 July 2026 on BSE, NSE, opening at ₹500.25.

How large was the Caliber Mining & Logistics IPO?

The issue size was ₹450 crore. The fresh issue was 94,33,962 shares (aggregating up to ₹400 crore). The offer for sale was 11,79,245 shares (aggregating up to ₹50 crore).

How did the Caliber Mining & Logistics IPO perform on listing?

It listed at ₹500.25 against an issue price of ₹424, a gain of 18 percent on listing day.