Caliber Mining & Logistics IPO to Open on July 17, 2026: Price Band, Issue Size, Timeline & Key Details
Caliber Mining & Logistics is set to open its Initial Public Offering (IPO) for subscription on July 17, 2026. According to the Red Herring Prospectus (RHP), the ₹450 crore IPO comprises a fresh issue of up to ₹400 crore and an Offer for Sale (OFS) of up to ₹50 crore by existing shareholders.
The IPO will be available for subscription from Friday, July 17, 2026, to Tuesday, July 21, 2026, with anchor investor bidding scheduled for Thursday, July 16, 2026. The basis of allotment is expected to be finalised on July 22, 2026, and the shares are tentatively scheduled to be listed on both the NSE and BSE on July 24, 2026.
Caliber Mining & Logistics IPO - Issue Details
- Issue Type: Book Built Issue (Fresh Issue + OFS)
- Total Issue Size: Up to ₹450.00 crore
- Fresh Issue: Up to ₹400.00 crore
- Offer for Sale (OFS): Up to ₹50.00 crore
- Face Value: ₹10 per equity share
- Price Band: ₹402 to ₹424 per share
- Lot Size: 35 shares
- Minimum Investment Amount (Retail Investor): ₹14,840 (35 shares) (based on upper price)
- Listing: BSE, NSE
- Book Running Lead Managers: DAM Capital Advisors Limited
- Registrar: KFin Technologies Limited
Caliber Mining & Logistics IPO Timeline (Tentative)
The expected IPO schedule is as follows:
|
Event |
Date |
|
Subscription Opening Date |
17 July 2026 |
|
Subscription Closing Date |
21 July 2026 |
|
Basis of Allotment Date |
22 July 2026 |
|
Refund Initiation Date |
23 July 2026 |
|
Credit of Shares |
23 July 2026 |
|
Listing on BSE and NSE |
24 July 2026 |
Note: The allotment and listing dates are tentative and may be revised.
Explore other Upcoming IPOs on BSE and NSE.
Caliber Mining & Logistics IPO Category-wise Investment Limits
The application size for each category is as follows -
|
Category |
Investment Range |
|
Qualified Institutional Buyers (QIBs) |
Not more than 50% of the Net Issue |
|
Non-Institutional Investors (NIIs) |
Not less than 15% of the Net Issue |
|
Retail Individual Investors (RII) |
Not less than 35% of the Net Issue |
The minimum investment amount for each category, based on the upper price band of ₹424 per share, is as follows -
|
Investor Category |
Lots |
Shares |
Investment Amount (Approx.) |
|
Retail (Minimum) |
1 |
35 |
₹14,840 |
|
Retail (Maximum) |
13 |
455 |
₹1,92,920 |
|
sNII (Minimum) |
14 |
490 |
₹2,07,760 |
|
bNII (Minimum) |
67 |
2,380 |
₹10,09,120 |
Utilisation of IPO Proceeds
The company intends to utilise the net proceeds from the fresh issue towards:
- Repayment or prepayment, in full or part, of certain borrowings availed by the company
- Funding capital expenditure for purchase of commercial vehicles, plant and machinery
- General corporate purposes
About Caliber Mining & Logistics Limited
Incorporated in 2014, Caliber Mining & Logistics Limited provides integrated coal mining and logistics services, including coal extraction, overburden removal, transportation, rake loading, and rail coordination. It operates a fleet of 1,911 vehicles, plant, and machinery, and serves customers, including subsidiaries of Coal India Limited, across Maharashtra, Madhya Pradesh, and Chhattisgarh.
With a workforce of 5,521 employees, the company’s revenue grew at a CAGR of 32.67% between FY24 and FY26. It also has a growing order book and provides end-to-end solutions across mining, logistics, and coal trading operations.
Financial Performance
|
Particulars |
FY26 (in ₹ crore) |
FY25 (in ₹ crore) |
FY24 (in ₹ crore) |
|
Revenue from Operations |
1,677.66 |
1,430.40 |
953.13 |
|
Profit After Tax |
157.90
|
131.55 |
95.90 |
|
EBITDA |
430.92 |
349.76 |
243.14 |
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