Caliber Mining and Logistics IPO GMP today is Rs 80. Investors can use this GMP along with price band and subscription status for a better IPO review.
Listed
Mainboard IPO
CMLL
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.
IPO Details
Complete IPO information
| Current GMP | ₹80 |
|---|---|
| Estimated Listing Gain | +18.87% |
| Price Band | ₹402.00 - ₹424.00 |
| Issue Price | ₹424.00 |
| Listing Price | TBA |
| Lot Size | 35 Shares |
| Issue Type | Mainboard |
| Issue Size | Approx ₹450 Cr |
| Registrar | TBA |
| Exchange | NSE, BSE |
| Retail Quota | TBA |
| Overall Subscription | 146.64x |
| Listing Date | 24 Jul 2026 |
| Minimum Investment | ₹14,840 |
Timeline
IPO roadmap at a glance
01
Bidding Opens
17 Jul 2026
02
Bidding Closes
21 Jul 2026
03
Allotment
22 Jul 2026
04
Listing
24 Jul 2026
Grey Market Premium
Daily GMP status
| Date | GMP | Change | Gain |
|---|---|---|---|
| 24 Jul 2026 | ₹80.00 | - | 18.87% |
| 23 Jul 2026 | ₹80.00 | +₹9.00 | 18.87% |
| 22 Jul 2026 | ₹71.00 | -₹23.00 | 16.75% |
| 21 Jul 2026 | ₹94.00 | -₹22.00 | 22.17% |
| 20 Jul 2026 | ₹116.00 | +₹14.00 | 27.36% |
| 16 Jul 2026 | ₹102.00 | - | 24.06% |
Market Lot
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 Lot | 35 | ₹14,840 |
| Retail Maximum | 13 Lot | 455 | ₹1,92,920 |
| S-HNI Minimum | 14 Lot | 490 | ₹2,07,760 |
| S-HNI Maximum | 67 Lot | 2,345 | ₹9,94,280 |
| B-HNI Minimum | 68 Lot | 2,380 | ₹10,09,120 |
Issue Notes
Important takeaways before applying
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.
Analysis
Caliber Mining IPO Details
Caliber Mining Limited is launching its Initial Public Offering (IPO) through the book-building process. The company plans to raise capital via a fresh issue along with an offer for sale. Investors can find the important IPO dates, issue size, price band, face value, and listing details in the table below.
The following Caliber Mining IPO details provide a quick overview of the public issue and help investors understand the basic terms of the offering before applying for the IPO.
| Particulars | Details |
|---|---|
| IPO Open Date | July 17, 2026 |
| IPO Close Date | July 21, 2026 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹402 to ₹424 Per Share |
| Issue Size | Approx ₹450 Crores |
| Fresh Issue | Approx ₹400 Crores |
| Offer for Sale (OFS) | Approx 11,79,245 Equity Shares |
| Issue Type | Book Build Issue |
| IPO Listing | BSE, NSE |
Note: The above Caliber Mining IPO details are based on the latest available information. Investors should verify the final price band, issue size, allotment status, and listing schedule from the official IPO documents before making an investment decision.
Analysis
Caliber Mining IPO Reservation
The Caliber Mining IPO reservation structure specifies the allocation of shares among different categories of investors, including Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), Retail Individual Investors (RIIs), and Anchor Investors. The final allocation is made according to SEBI guidelines.
The table below provides the category-wise reservation details available for the Caliber Mining IPO.
| Investor Category | Shares Offered | % of Issue |
|---|---|---|
| Anchor Investor | – Shares | –% |
| QIB (Ex. Anchor) | – Shares | 50% |
| NII Shares Offered | – Shares | 15% |
| Retail Shares Offered | – Shares | 35% |
Note: The Caliber Mining IPO reservation details are based on the latest available information. The number of shares reserved for each investor category may be updated in the final prospectus before the IPO opens.
Analysis
Caliber Mining IPO Anchor Investors
The Caliber Mining IPO anchor investor portion is reserved for Qualified Institutional Buyers (QIBs) before the IPO opens for public subscription. Anchor investors generally participate one day before the public issue opens and are subject to SEBI's lock-in requirements.
The table below provides the latest details regarding the Caliber Mining IPO anchor investors, bidding date, allocation size, and lock-in period.
| Particulars | Details |
|---|---|
| Anchor Bidding Date | July 16, 2026 |
| Anchor Investors List | |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| Lock-in Period End Date (50% Shares - 30 Days) | 2026 |
| Lock-in Period End Date (Remaining 50% Shares - 90 Days) | 2026 |
Note: The Caliber Mining IPO anchor investor details are subject to final allocation and regulatory disclosures. The complete anchor investors list and lock-in dates will be updated after the anchor book allocation is finalized.
Analysis
Caliber Mining IPO Dates
The Caliber Mining IPO will open for subscription on July 17, 2026 and close on July 21, 2026. After the subscription period ends, the basis of allotment is expected to be finalized on July 22, 2026. Successful applicants will receive shares in their demat accounts before the company is listed on the stock exchanges.
Investors can refer to the complete Caliber Mining IPO schedule below, including the IPO opening date, closing date, allotment, refund initiation, demat credit, and expected listing date.
| Event | Date |
|---|---|
| IPO Open Date | July 17, 2026 |
| IPO Close Date | July 21, 2026 |
| Basis of Allotment | July 22, 2026 |
| Refunds Initiation | July 23, 2026 |
| Credit to Demat Account | July 23, 2026 |
| IPO Listing Date | July 24, 2026 |
Note: The above Caliber Mining IPO timeline is based on the latest available schedule. All dates are tentative and may be revised by the company, registrar, or stock exchanges if required.
Analysis
Caliber Mining IPO Promoters and Holding Pattern
The promoters of Caliber Mining Limited are Mohit Satishkumar Chadda, Anuj Krishanlal Chadda, Manish Krishanlal Chadda, Rahul Roshanlal Chadda, and Priya Anuj Chadda. These promoters play a key role in the company's management, strategic direction, and long-term growth.
The table below shows the promoter shareholding before and after the Caliber Mining IPO based on the latest available information.
| Particular | Shares | Holding |
|---|---|---|
| Promoter Holding Pre Issue | 5,59,41,823 | 90.91% |
| Promoter Holding Post Issue | 6,53,75,785 | -% |
Note: The promoter holding after the issue is subject to the final share allotment and issue size. The post-issue shareholding percentage will be updated after the completion of the IPO process.
Analysis
Caliber Mining IPO Objects of the Issue & Utilisation of Proceeds
Caliber Mining Limited intends to utilize the net proceeds from the IPO primarily for reducing its debt burden, funding capital expenditure, and meeting general corporate requirements. These objectives are aimed at strengthening the company's financial position and supporting future business growth.
The following table provides the proposed utilization of funds raised through the Caliber Mining IPO based on the latest available information.
| Purpose | Amount (₹ Crores) |
|---|---|
| Repayment/prepayment, in full or part, of certain borrowings availed by the Company | ₹208.00 |
| Funding capital expenditure for purchase of machinery | ₹167.00 |
| General Corporate Purpose | ₹- |
Note: The above utilization of proceeds is based on the Draft Red Herring Prospectus (DRHP)/RHP and may be updated in the final offer documents. Investors should refer to the official IPO documents for the latest allocation of funds.
Analysis
Caliber Mining IPO Company Financial Report
The financial performance of Caliber Mining Limited indicates steady growth in revenue, profitability, and total assets over the last three financial years. These financial figures help investors evaluate the company's operational performance and financial stability before investing in the IPO.
The table below presents the latest financial highlights of Caliber Mining Limited. All figures are reported in ₹ Crores.
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2024 | ₹957.92 | ₹829.52 | ₹95.90 | ₹1,279.18 |
| 2025 | ₹1,435.57 | ₹1,258.38 | ₹131.55 | ₹1,404.09 |
| 2026 | ₹1,684.66 | ₹1,465.01 | ₹157.90 | ₹2,077.39 |
Note: The above financial data is presented in ₹ Crores and is based on the latest available financial statements of Caliber Mining Limited. Investors should analyze these financial results along with the company's valuation, industry outlook, and IPO pricing before making an investment decision.
Analysis
Caliber Mining - About IPO
Caliber Mining and Logistics, founded in 2014, has been involved in offering mining and logistics services, including coal extraction, overburden removal, coal loading and unloading, road transportation, and rail transportation coordination. They offer integrated solutions for coal mining and logistics operations as per mining industry requirements.
Caliber Mining’s major clients are Coal India Limited (CIL), including Western Coalfields Limited (WCL) and Northern Coalfields Limited (NCL). The company runs its operations in Maharashtra, Chhattisgarh, and Madhya Pradesh, where they extract coals and minerals from beneath the ground. As of April 30, 2026, the firm owns a fleet of 1,911 vehicles, plants, and machines for its operations. The fleet includes 883 tippers, 64 loaders, 162 excavators, and 362 tip trailers, with other vehicles and equipment.
Analysis
Caliber Mining IPO Valuation – FY2026
Caliber Mining Limited has reported healthy financial performance for FY2026. Key valuation metrics such as Earnings Per Share (EPS), Price-to-Earnings (P/E) Ratio, Return on Equity (ROE), Return on Net Worth (RoNW), Net Asset Value (NAV), and Debt-to-Equity Ratio help investors evaluate the company's financial strength and IPO valuation.
The valuation details below are based on the latest available financial statements and can be used to compare Caliber Mining Limited with other listed companies in the mining and natural resources sector before making an investment decision.
| KPI | Values |
|---|---|
| ROE | 27.78% |
| ROCE | 16.60% |
| EBITDA Margin | 25.69% |
| PAT Margin | 9.41% |
| Debt to Equity Ratio | 1.62 |
| Earning Per Share (EPS) | ₹29.47 (Basic) |
| Price/Earning (P/E) Ratio | N/A |
| Return on Net Worth (RoNW) | 24.38% |
| Net Asset Value (NAV) | ₹120.85 |
Note: These valuation metrics are based on the FY2026 financial statements of Caliber Mining Limited. Investors should evaluate these figures along with the company's financial performance, growth prospects, industry outlook, and IPO pricing before making an investment decision.
Analysis
Caliber Mining IPO Peer Group Comparison
Comparing Caliber Mining Limited with its listed industry peers helps investors evaluate the company's valuation, profitability, return ratios, and financial strength. Key parameters such as Earnings Per Share (EPS), Price-to-Earnings (P/E) Ratio, Return on Net Worth (RoNW), Net Asset Value (NAV), and total income provide valuable insights into relative performance.
The following table compares the financial metrics of selected peer companies based on the latest available financial information.
| Company | EPS | P/E Ratio | RoNW | NAV | Income |
|---|---|---|---|---|---|
| Power Mech Projects Limited | 115.12 | 22.94 | 15.90% | 818.90 | ₹6,061.57 Cr. |
| NCC Limited | 10.76 | 13.59 | 9.02% | 127.88 | ₹20,823.00 Cr. |
| Sindhu Trade Links Limited | 0.27 | 97.15 | 2.54% | 14.66 | ₹524.08 Cr. |
| Dilip Buildcon Limited | 86.08 | 4.95 | 20.09% | 428.55 | ₹8,983.93 Cr. |
Note: The above peer comparison is based on the latest publicly available financial information. Investors should compare these metrics along with Caliber Mining Limited's valuation, growth prospects, business model, and IPO pricing before making an investment decision.
Analysis
IPO Lead Managers aka Merchant Bankers
- Dam Capital Advisors Ltd.
FAQ
Caliber Mining and Logistics IPO FAQs
Caliber Mining and Logistics IPO price band is Rs 402.00 to Rs 424.00. Check the latest issue price, lot size and GMP together before applying.
Caliber Mining and Logistics IPO open date is 17 Jul 2026, close date is 21 Jul 2026, and listing date is 24 Jul 2026.
Caliber Mining and Logistics IPO lot size is 35 shares. The minimum retail investment is Rs 14,840.
Caliber Mining and Logistics is classified as a Mainboard IPO. This helps investors quickly understand the issue category and exchange segment.
Caliber Mining and Logistics IPO subscription status currently shows Retail 41.15x, QIB 240.71x, Overall 146.64x.
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.
Caliber Mining and Logistics IPO issue size is 450 and the expected allotment date is 22 Jul 2026.