Snapshot from Aug 10, 2026 at 07:00 UTC. For live data and tracking: View Live
Events / Business / Caliber Mining IPO subscribed 146x
Business IPO subscription

Caliber Mining IPO subscribed 146x

Analysis based on 27 articles · First reported Jul 14, 2026 · Last updated Jul 21, 2026

Sentiment
60
Attention
3
Articles
27
Market Impact
General
Live prominence charts, article sentiment distribution, and event development timeline available on the Ergen Dashboard
Market Impact

The strong subscription and high GMP signal robust investor confidence in Caliber Mining, likely leading to a positive listing. The IPO proceeds will reduce debt and fund expansion, potentially improving the company's financial health and market position.

coal mining logistics
Event Summary

Caliber Mining and Logistics, an integrated coal mining and logistics services provider, launched its initial public offering (IPO) on July 17, 2026, with a price band of ₹402-₹424 per share. The IPO, comprising a fresh issue of ₹400 crore and an offer for sale of ₹50 crore by promoters Mohit Chadda, Anuj Chadda, Manish Krishanlal Chadda, and Rahul Roshanlal Chadda, was subscribed 146.64 times by the final day on July 21. The strong demand was driven by heavy participation from non-institutional investors (69.80 times) and retail investors (16.01 times), while qualified institutional buyers subscribed 1.41 times. The grey market premium (GMP) indicated a listing gain of about 27%. The company plans to use ₹208 crore of the proceeds to repay debt and ₹167 crore for capital expenditure on commercial vehicles and machinery. Caliber Mining reported a 20% increase in net profit to ₹157.9 crore and 17% revenue growth to ₹1,677.7 crore in FY26. The company's order book expanded to ₹9,551 crore as of May 15, 2026. The shares are scheduled to list on the BSE and NSE on July 24. DAM Capital Advisors is the book-running lead manager, and KFin Technologies is the registrar.

Key Actions
97 Caliber Mining and Logistics fixed price band
95 Caliber Mining and Logistics closed IPO
90 Caliber Mining and Logistics received subscription
80 Caliber Mining and Logistics raised from anchor investors
80 Caliber Mining and Logistics planned to list shares
70 Caliber Mining and Logistics plans to repay debt
70 Caliber Mining and Logistics reported financial results
60 Caliber Mining and Logistics plans capital expenditure
60 Mohit Chadda offered shares for sale
60 Anuj Chadda offered shares for sale
60 Manish Chauhan offered shares for sale
60 Rahul Chari offered shares for sale
60 Caliber Mining and Logistics expanded order book
50 Deven Choksey Research recommended subscribe Caliber Mining and Logistics
50 Anand Rathi Wealth recommended subscribe for long term Caliber Mining and Logistics
+ 11 more actions View on Dashboard
Entities Involved
priv
Caliber Mining and Logistics
The company is the issuer of the IPO, which was heavily oversubscribed, indicating strong market confidence. The proceeds will reduce debt and fund capital expenditure, supporting growth.
Importance 100.0 Sentiment 80.0
per
Manish Chauhan
Promoter selling shares worth Rs 12.5 crore in the OFS.
Importance 50.0 Sentiment 60.0
per
Rahul Chari
Promoter selling shares worth Rs 12.5 crore in the OFS.
Importance 50.0 Sentiment 60.0
per
Mohit Chadda
As a promoter selling shares in the OFS, he benefits from the high demand and premium valuation.
Importance 50.0 Sentiment 60.0
per
Anuj Chadda
As a promoter selling shares in the OFS, he benefits from the high demand and premium valuation.
Importance 50.0 Sentiment 60.0
per
Manish Krishanlal Chadda
As a promoter selling shares in the OFS, he benefits from the high demand and premium valuation.
Importance 50.0 Sentiment 60.0
per
Rahul Roshanlal Chadda
As a promoter selling shares in the OFS, he benefits from the high demand and premium valuation.
Importance 50.0 Sentiment 60.0
stock
Coal India
As the parent of key customers Coal India — Eastern Coalfields and Coal India — Eastern Coalfields, Coal India indirectly benefits from Caliber Mining's growth.
Importance 30.0 Sentiment 40.0
priv
DAM Capital Advisors
As the book-running lead manager, it successfully managed the oversubscribed IPO, enhancing its reputation.
Importance 30.0 Sentiment 50.0
exch
Bombay Stock Exchange
One of the exchanges where Caliber Mining shares will be listed.
Importance 20.0 Sentiment 30.0
subs
Coal India — Eastern Coalfields
A key customer of Caliber Mining, its operations are supported by the company's services.
Importance 20.0 Sentiment 40.0
priv
KFin Technologies
As the registrar, it handled the IPO process efficiently.
Importance 20.0 Sentiment 40.0
stock
Geojit Financial Services
Geojit Financial Services recommended subscribing, adding to the favorable analyst coverage.
Importance 15.0 Sentiment 0.0
stock
Anand Rathi Wealth
Anand Rathi Wealth Research provided a 'Subscribe for Long Term' rating, influencing investor sentiment.
Importance 15.0 Sentiment 40.0
priv
Deven Choksey Research
Deven Choksey Research recommended 'Subscribe' with a long-term horizon, supporting positive investor response.
Importance 15.0 Sentiment 40.0
+ 2 more entities View on Dashboard
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