The Caliber Mining and Logistics IPO has opened for subscription today, July 17, 2026.
The company is looking to raise ₹450 crore through this public issue.
The IPO will remain open until July 21, 2026, and the share allotment is expected to be finalized on July 22.
The company’s shares are likely to be listed on the NSE and BSE on July 24, 2026.
Before applying, investors should know key details about the IPO, including its size, price band, business model, and investor quota.
Caliber Mining IPO Details: Size, Price Band and Investment
The total size of the Caliber Mining IPO is ₹450 crore.
The issue includes:
Fresh issue: ₹400 crore through 0.94 crore new shares.
Offer for Sale (OFS): ₹50 crore through 0.12 crore shares.
The IPO is being launched through the book-building process.
The company has fixed the price band at ₹402 to ₹424 per share.
The lot size is 35 shares, which means retail investors will need a minimum investment of around ₹14,840 if they apply at the upper price band of ₹424.
IPO Timeline
Important dates for investors:
IPO Opening Date: July 17, 2026
IPO Closing Date: July 21, 2026
Share Allotment Date: July 22, 2026 (Expected)
Listing Date: July 24, 2026 (Tentative)
The shares will be listed on both NSE and BSE.
Investor Quota Distribution
The IPO shares have been divided among different investor categories.
The reservation is as follows:
Qualified Institutional Buyers (QIBs): 50%
Retail Investors: 35%
Non-Institutional Investors (NIIs): 15%
What Does Caliber Mining and Logistics Do?
Founded in 2014, Caliber Mining and Logistics operates in the coal mining and logistics sector.
The company provides services across the entire coal supply chain, including:
Coal mining
Overburden removal
Transportation
Loading and unloading
Railway logistics services
Its mining operations mainly involve open-cast mining, using heavy equipment such as excavators, dozers, and trucks.
The company also provides logistics services for coal and iron ore, including transportation and handling activities.
Business Model: From Mining to Railway Transportation
Caliber Mining has expanded beyond traditional mining activities and offers several services related to coal transportation.
Its key services include:
Coal extraction and overburden removal
Coal and iron ore transportation
Material handling services
Railway rake handling
Coordination with railways for power plants
Coal trading
Under rake handling services, the company manages activities such as coal loading into railway wagons, wagon inspection, cleaning, and weighing.
The company also helps power plants with railway coordination, including coal allocation, quality checks, rake placement, loading, and transportation.
Apart from services, Caliber also trades coal purchased from Western Coalfields Limited (WCL) and open markets, selling it to power plants and other buyers.
Major Customers and Operating Locations
Caliber Mining and Logistics counts subsidiaries of Coal India Limited (CIL) among its major customers.
Its key clients include:
Western Coalfields Limited (WCL)
Northern Coalfields Limited (NCL)
The company’s mining and overburden removal operations are spread across:
Maharashtra
Chhattisgarh
Madhya Pradesh
IPO Managers and Registrar
The IPO-related details are:
Lead Manager: DAM Capital Advisors Ltd
Registrar: KFin Technologies Ltd
Caliber Mining IPO: Key Details at a Glance
| Particulars | Details |
|---|---|
| IPO Size | ₹450 crore |
| Fresh Issue | ₹400 crore |
| Offer for Sale | ₹50 crore |
| IPO Type | Book Build Issue |
| Price Band | ₹402–₹424 per share |
| Lot Size | 35 shares |
| Minimum Retail Investment | ₹14,840 |
| IPO Opening Date | July 17, 2026 |
| IPO Closing Date | July 21, 2026 |
| Allotment Date | July 22, 2026 (Expected) |
| Listing Date | July 24, 2026 (Tentative) |
| Exchanges | NSE and BSE |
| QIB Reservation | 50% |
| Retail Reservation | 35% |
| NII Reservation | 15% |
Investors should carefully review the company’s financial performance, industry outlook, and risks before making any investment decision.
