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  5. Caliber Mining and Logistics IPO opens July 17: Check price band, lot size and key dates

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Caliber Mining and Logistics IPO opens July 17: Check price band, lot size and key dates

Journalist Kamal Joshi, former Republic TV and latestly news editor, currently associated with Upstox as senior ipo writer.
By Kamal Joshi

2 min read | Updated on July 15, 2026, 09:18 IST

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SUMMARY

Caliber Mining and Logistics IPO is a mix of fresh issuance of shares totalling ₹400 crore and an offer for sale (OFS) component of ₹50 crore by promoters.

Caliber Mining and Logistics is a mining operator handling overburden removal, coal extraction and coal logistics together as an integrated services provider. | Image: CMLL.com

Caliber Mining and Logistics is a mining operator handling overburden removal, coal extraction and coal logistics together as an integrated services provider. | Image: CMLL.com

Integrated mining services firm Caliber Mining and Logistics will launch its ₹450 crore initial public offering (IPO) on Friday, July 17. The issue will conclude on July 21. The price band has been set at ₹402 to ₹424 per share.

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The initial share sale is a mix of fresh issuance of shares totalling ₹400 crore and an offer for sale (OFS) component of ₹50 crore by promoters Mohit Satishkumar Chadda, Manish Krishanlal Chadda, Anuj Krishanlal Chadda and Rahul Roshanlal Chadda.

The fresh issue proceeds will be utilised for debt repayment, funding capital expenditure for the purchase of commercial vehicles, plant and machinery and corporate general purposes.

"In addition, we expect to achieve the benefit of listing of the equity shares on the stock exchanges, enhancement of our company’s visibility and brand name amongst our existing and potential customers and creation of a public market for the equity shares in India," according to the red herring prospectus.

The company is also exploring the deployment of electric vehicles (EVs) in mining operations. "Multiple vendors have given us the testing vehicles (and) we are in the test mode. We have raised multiple queries and solutions are being discussed. I believe in the next 6-12 months, there will be a larger picture on where EV will go in green mining," Mohit Chadda, Chairman and Managing Director, Calibre Mining and Logistics Ltd told news agency PTI.

Caliber Mining and Logistics IPO: Lot size

A lot consists of 35 shares and multiples thereafter.

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Caliber Mining and Logistics IPO: Allotment and listing date

EventDate
Subscription periodJuly 17 to July 21
Basis of allotmentJuly 22
Initiation of RefundsJuly 23
Credit of Shares to DematJuly 23
Listing dateJuly 24

Incorporated in 2014, Caliber Mining and Logistics is a mining operator handling overburden removal, coal extraction and coal logistics together as an integrated services provider.

It offers its customers end-to-end services, including overburden removal, coal extraction, coal loading and unloading, road transportation and coordination of rail transportation.

The firm's largest customers are subsidiaries of Coal India Limited, namely Northern Coalfields Limited (NCL) and Western Coalfields Limited (WCL).

About The Author

Journalist Kamal Joshi, former Republic TV and latestly news editor, currently associated with Upstox as senior ipo writer.
Kamal Joshi is a business journalist who covers markets and IPOs. He places a special focus on in-depth analysis of DRHPs, RHPs and public-issue documents to produce data-driven stories. He covers trends across mainboard and SME IPOs, anchor allocations, subscription status and post-listing performance. He is passionate about breaking news and enjoys playing pickleball, especially flexing his net play. He was previously associated with Republic TV and LatestLY.

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