Caliber Mining & Logistics IPO
Analysis based on 6 articles · First reported Jul 14, 2026 · Last updated Jul 15, 2026
The IPO is expected to raise ₹450 crore for Caliber Mining and Logistics, strengthening its balance sheet and funding expansion. The listing may attract investor interest in the mining services sector, but the impact on broader markets is limited.
Caliber Mining and Logistics Limited, an integrated mining services provider, has fixed a price band of ₹402-₹424 per share for its initial public offering (IPO) of ₹450 crore. The IPO comprises a fresh issue of ₹400 crore and an offer for sale of ₹50 crore by promoters Mohit Chadda, Anuj Chadda, Manish Chauhan, and Rahul Chari. The issue opens on July 17 and closes on July 21, 2026. Proceeds will be used for debt repayment (₹208 crore), purchase of vehicles and machinery (₹167 crore), and general corporate purposes. The company serves subsidiaries of Coal India, including Western Coalfields and Northern Coalfields. DAM Capital Advisors is the lead manager, and KFin Technologies is the registrar. Shares are proposed to be listed on BSE and NSE.
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