Caliber Mining and Logistics Limited (Formerly known as Caliber Mercantile Private Limited) has fixed the price band of Rs 402/- to Rs 424/- per Equity Share of face value Rs 10/- each for its maiden initial public offer. The Initial Public Offering of the Company will open for subscription on Friday, July 17, 2026, and close on Tuesday, July 21, 2026. Investors can bid for a minimum of 35 Equity Shares and in multiples of 35 Equity Shares thereafter.
- Issue Opens: July 17, 2026
- Issue Closes: July 21, 2026
- Face Value: Rs 10
- Price Band: Rs 402 – 424 per share
- Minimum Bid Lot: 35 Equity Shares
The offer, with a face value of Rs 10, consists of a fresh issue up to Rs 40,000 lakhs and an offer-for-sale up to Rs 5,000 lakhs by promoters – Mohit Satishkumar Chadda, Anuj Krishanlal Chadda, Manish Krishanlal Chadda, and Rahul Roshanlal Chadda. The proceeds from its fresh issuance of Rs 20,800 lakhs will be utilized for repayment/prepayment, in full or in part, of certain borrowings availed by the company; Rs 16,700 lakhs for funding capital expenditure for the purchase of commercial vehicles, plant and machinery; and the balance towards general corporate purposes. The Offer is being made through the book-building process.
Incorporated in 2014, the company is a mining operator that manages overburden removal, coal extraction, and coal logistics as an integrated services provider. It has a fleet of 1,911 vehicles, plant, and machinery (including 100 leased vehicles, plant, and machinery) as of April 30, 2026, comprising 883 tippers, 64 loaders, 162 excavators, and 362 tip trailers.
The company offers its customers end-to-end services, including coal extraction, overburden removal, coal loading and unloading, road transportation, and coordination of rail transportation, making it a one-stop coal mining and logistics provider. Its mining and overburden removal operations are located in Maharashtra, Madhya Pradesh, and Chhattisgarh; however, it does not own any of the mines.
