Caliber Mining and Logistics IPO
Price band
₹402 – ₹424
Lot size
35 shares
Min investment
₹14,840
Issue size
₹450 Cr
IPO schedule
| Open date | 17 Jul 2026 |
| Close date | 21 Jul 2026 |
| UPI mandate cut-off | 21 Jul 2026 |
| Allotment finalisation | 22 Jul 2026 |
| Refund initiation | 23 Jul 2026 |
| Shares credited to demat | 23 Jul 2026 |
| Listing date | 24 Jul 2026 |
| Mandate end date | 5 Aug 2026 |
| Anchor lock-in (50%) | 20 Aug 2026 |
| Anchor lock-in (remaining) | 19 Oct 2026 |
Issue size
About Caliber Mining and Logistics
Caliber Mining and Logistics Limited is an integrated mining and logistics company providing end-to-end services across the coal mining value chain. The company undertakes contract coal extraction, overburden removal, coal loading and unloading, road transportation, rake loading, rail coordination services, and coal trading. It primarily generates revenue from contract mining services and logistics operations, with coal mining contributing the majority of its revenue. Its operations are spread across Maharashtra, Madhya Pradesh and Chhattisgarh, where it executes projects for Coal India subsidiaries and other customers, although it does not own any mines. The company operates a large fleet of vehicles, plant and machinery to support its integrated service model. By offering mining and logistics services under one platform, it provides customers with a single-point solution for coal movement from extraction to transportation. As of May 15, 2026, the company had an order book of ₹9,55,089.08 lakh, providing revenue visibility for its ongoing operations.
Strengths
- Provides integrated end-to-end coal mining and logistics services under a single operating model.
- Owns and operates a large fleet of 1,911 vehicles, plant and machinery to support mining operations.
- Has a strong order book of ₹9,55,089.08 lakh, providing revenue visibility over the coming years.
- Led by experienced promoters and supported by a team of over 300 managers and administrative employees.
- Revenue from operations grew at a CAGR of 32.67% between FY24 and FY26.
Risks
- The company depends heavily on a few customers, with its top three contributing 90.11% of FY26 revenue.
- Mining contracts may be terminated or penalties may be imposed, which could affect the business.
- Operations are affected by seasonal changes, and heavy monsoons can disrupt mining activities.
- The business operates in a highly competitive industry, which may affect growth and profitability.
- Demand for its services depends largely on the coal mining sector and overall demand for coal in India.
Use of proceeds
| Repayment of borrowings | ₹208 (52%) Cr |
| General corporate purposes | ₹25 (6.25%) Cr |
IPO information is sourced from public feeds and shown for general information only. It is not a recommendation to apply for this or any IPO. IPOs are equity investments and carry market risk; listing gains are not guaranteed and SME IPOs are especially volatile. Grey Market Premium (GMP) is unofficial and not endorsed by SEBI or the exchanges. Equity IPOs are applied for through a demat and trading account, not through mutual fund distribution services. Read the RHP and consult a SEBI-registered investment adviser before investing.