Caliber Mining IPO
ListedMainboardOpens 17 July 2026Closes 21 July 2026
Caliber Mining and Logistics Limited, incorporated in 2014, is an integrated mining services and specialized logistics corporation providing end-to-end solutions across the primary coal value chain. The enterprise…
Caliber Mining and Logistics Limited, incorporated in 2014, is an integrated mining services and specialized logistics corporation providing end-to-end solutions across the primary coal value chain. The enterprise specializes in high-volume mechanised open-cast coal extraction, overburden removal, surface road logistics, rail rake loading operations, and downstream coal trading. Caliber acts as a prominent execution partner for blue-chip public sector units, serving key subsidiaries of Coal India Limited (CIL) such as Western Coalfields Limited (WCL) and Northern Coalfields Limited (NCL). Operating a massive logistics footprint with a core fleet of 1,911 proprietary and leased heavy earthmoving vehicles, tippers, loaders, and excavators, its geographic operational bases stretch across major mining reserves in Maharashtra, Chhattisgarh, and Madhya Pradesh.
Show moreShow less
Key ratios
As per RHP / filingsTimeline
IPO Opens
17 Jul
IPO Closes
21 Jul
Allotment
22 Jul
Listing
24 Jul
IPO Timeline & Listing Details
| Event | Date |
|---|---|
| IPO Open Date | 17 July 2026 |
| IPO Close Date | 21 July 2026 |
| Allotment Date | 22 July 2026 |
| Listing Date | 24 July 2026 |
Investment Categories
| Category | Lots | Amount |
|---|---|---|
Retail (Min) | 1 | ₹14,840 |
Retail (Max)Just less than ₹2,00,000 | 13 | ₹1,92,920 |
SHNI (Min)Just above ₹2,00,000 | 14 | ₹2,07,760 |
SHNI (Max)Below ₹10,00,000 | 67 | ₹9,94,280 |
BHNIAbove ₹10,00,000 | 68 | ₹10,09,120 |
IPO Reservation Details
| Category | Reservation |
|---|---|
| QIB (Qualified Institutional Buyer) | 50.00% |
| NII (Non-Institutional Investor) | 15.00% |
| SHNI (Small Non-Institutional Investor) | 5.00% |
| BHNI (Big Non-Institutional Investor) | 10.00% |
| Retail | 35.00% |
| Total | 100.00% |
IPO Objectives
- Full or partial prepayment or repayment of certain outstanding secured loans and corporate borrowings availed by the Company to lower aggregate finance overheads (₹208.00 Cr).
- Funding vital capital expenditure requirements towards the purchase of heavy mining machinery and earthmoving equipment to scale up active contract lines (₹167.00 Cr).
- General Corporate Purposes.
Strengths
- The company commands an Integrated Value Chain Moat, tracking a fully consolidated operational footprint that manages coal from initial pit excavation up through final railway rake logistics and merchant trading channels.
- It is backed by an Immense Order Pipeline, providing exceptional revenue visibility with an outstanding, robust contract order book standing at ₹9,550 Crores as of mid-2026.
- The business maintains Deep Sovereign Relationships, retaining multi-year institutional ties as a principal, repeat L-1 contractor for elite public sector blocks like Coal India and its subsidiaries.
- The firm delivers Consistent Profit Compounding, with its consolidated profit after tax (PAT) expanding safely by 20% year-on-year to climb firmly to ₹157.90 Cr in FY26 due to structural efficiency scaling.
- It focuses on Productive Capital Optimization, directing over ₹375 Crores of fresh public capital lines directly into vital machine additions and debt liquidation to systematically reduce ongoing interest outlays.
Weaknesses
- The company handles a Substantial Financial Debt Load, carrying noticeable structural leverage with total outstanding corporate borrowings climbing heavily to ₹1,057.61 Crores, leaving its debt-to-equity matrix layout at an elevated 1.63.
- The operations face a Monopsonistic Customer Risk, where business survival parameters stay intensely bound to public tender expansions, structural policy updates, and payment cycles matching Coal India systems.
- The business operates a Highly Capital-Intensive Grid, where infrastructure expansion remains profoundly reliant on maintaining a massive, continuous heavy fleet of 1,911 active assets vulnerable to high depreciation and fuel inflation.
- The issue experiences a Moderate Secondary Market Discovery, as local parallel unlisted marketplace interest tracks relatively quiet, opening with a baseline gray market premium of ₹65 per share (~15.33%).
Financial Performance
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets (₹ Cr.) | 2,077.39 | 1,404.09 | 1,279.18 |
| Revenue (₹ Cr.) | 1,684.66 | 1,435.57 | 957.92 |
| PAT (₹ Cr.) | 157.9 | 131.55 | 95.9 |
| Net Worth (₹ Cr.) | 647.54 | 489.3 | 295.93 |
Peer Comparison
| Company | P/B Ratio | P/E Ratio | RONW (%) | Net Worth (₹ Cr.) |
|---|---|---|---|---|
| Caliber Mining | 7.33 | 17.55 | 24.38% | 647.54 |
| Dilip Buildcon Ltd | 0.99 | 4.86 | 8.22% | 337 |
| Ncc Limited | 1.15 | 12.53 | 8.58% | 116 |
Subscription Details
Daily Bids Status
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | 0.31x | 1.49x | 253.88x |
| NII | 1.69x | 75.12x | 281.99x |
| S-HNI | 2.28x | 77.58x | 227.37x |
| B-HNI | 1.4x | 73.89x | 309.31x |
| RII | 1.72x | 17.03x | 43.4x |
| Total | 1.31x | 25.04x | 154.66x |
Overall Subscription Statistics
| Category | Shares Offered | Shares Bid | Bid Amount (₹ Cr) |
|---|---|---|---|
| QIB | 21,22,643 | 53,88,97,485 | 22,849.25 |
| NII | 15,91,981 | 44,89,30,195 | 19,034.64 |
| Small NII | 5,30,660 | 12,06,55,745 | 5,115.8 |
| Big NII | 10,61,321 | 32,82,74,450 | 13,918.84 |
| RII | 37,14,623 | 16,12,09,720 | 6,835.29 |
| Total | 74,29,247 | 1,14,90,37,400 | 48,719.19 |
Company Details
- Caliber Mining & Logistics Ltd.
- MIDC Chandrapur Industrial Area, Plot No. B-38 to B-48, Chinchala, Chandrapur, Maharashtra, 442406
- +91 7122996128
- investors@cmll.in
- https://www.cmll.in/
Registrar Details
- Kfin Technologies Ltd.
- 040-79615565
- cmll.ipo@kfintech.com
- https://ipostatus.kfintech.com/
Frequently Asked Questions
What does Caliber Mining & Logistics do?
What are the IPO dates for Caliber Mining & Logistics IPO?
What is the price band and minimum investment for Caliber Mining & Logistics IPO?
What is the Caliber Mining & Logistics IPO GMP today?
What is the Caliber Mining & Logistics IPO listing date?
Caliber Mining IPO News & Updates
Follow the latest updates for Caliber Mining IPO, including grey market moves and allotment news.
Caliber Mining IPO IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Caliber Mining IPO Details
Issue size, price, financials, and company info
Caliber Mining IPO GMP
Live grey market premium and listing estimate
Caliber Mining IPO Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Caliber Mining IPO Allotment
Allotment date, chances, and check by PAN
Caliber Mining IPO Review
SWOT, strengths, risks, and IPO review
Caliber Mining IPO FAQ
Common questions on dates, GMP, and allotment
Caliber Mining IPO Registrar
Registrar website and how to check allotment
Caliber Mining IPO Timeline
Open, close, allotment, and listing dates
Caliber Mining IPO News
Updates, blogs, and latest IPO news
Sources
We match Caliber Mining IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- Kfin Technologies Ltd.Official site to check allotment status for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews IPO dates and key details before they go live.