Caliber Mining & Logistics IPO
Mining & Mineral products • ₹450 Cr
Medium risk because:
- 5 material risk factors disclosed in DRHP
- High customer concentration flagged in the DRHP
- The company is heavily dependent on large-scale mining contracts valued above Rs 1,000 cro…
IPOFins risk score from DRHP risk factors, subscription demand & issue structure
Price Band
₹424
Lot Size
35 shares
Issue Size
₹450 Cr
Open
17 Jul 2026
Close
21 Jul 2026
Subscription
146×
IPO Schedule
| Issue Open Date | 17 Jul 2026 |
| Issue Close Date | 21 Jul 2026 |
| Listing Date | 23 Jul 2026 |
About Caliber Mining & Logistics
Caliber Mining and Logistics Limited is a mining and logistics company that provides integrated services for coal mining and transportation. The company undertakes overburden removal, coal extraction, coal loading and unloading, road transportation, rake loading, rail coordination, and coal trading on a contractual basis. It primarily serves coal mine operators and also provides logistics services for coal and iron ore. The company operates mining and overburden removal projects across Maharashtra, Madhya Pradesh, and Chhattisgarh, although it does not own the mines where it provides services. Its major customers include subsidiaries of Coal India Limited, such as Western Coalfields Limited (WCL) and Northern Coalfields Limited (NCL). As of April 30, 2026, the company had a fleet of 1,911 vehicles, plant, and machinery, including owned and leased equipment, and operates in-house maintenance workshops at its headquarters in Chandrapur and at several mining sites.
Company Details
Founders / Promoters
Mr Mohit Chadda
Founded
2014
Registrar
KARVY
Documents
DRHP / RHP Document (PDF)
View official prospectus →
Investment Analysis
Caliber Mining & Logistics — IPOFins Verdict
QuantitativeDriven by QIB demand at 240.7x and moderate disclosed risk (5/10), Caliber Mining & Logistics listed at a premium of 18.0% to its issue price. The signals lean constructive — still confirm valuation against listed peers and read the DRHP before applying beyond one lot.
- The company claims to provide integrated coal mining and logistics services under a single business model. Its operations cover overburden removal, coal extraction, loading and unloading, road transpo
- The company claims to have a fleet of 1,911 owned and leased vehicles, comprising equipment and machines related to mining, and representing a strong asset base in the mining contracting business. Thi
- The company has long-standing relationships with Coal India subsidiaries, particularly Western Coalfields Limited (WCL) and Northern Coalfields Limited (NCL). In FY26, these customers contributed 85.1
- The company claims to have a strong order book supported by long-term mining contracts. As of May 15, 2026, it reported an order book of Rs 955,089.08 lakh, with nearly 96% of the value coming from co
- The company has received credit ratings from CRISIL for its borrowings. Its long-term borrowings have been assigned a CRISIL BBB+ (Stable) rating, while its short-term borrowings have received a CRISI
Score breakdown — what drove this verdict
Moderate risk from DRHP → score +0.0
Institutional subscription → score +2.0
Strong retail interest → score +0.5
Actual listing outcome → score +0.5
Base score: 5.0 · Final score = base + all factor adjustments, capped 1–10. Full methodology →
IPOFins Score is a quantitative signal from subscription demand, disclosed risk, and listing data — not investment advice. Not SEBI-registered.
Listing Performance
Issue Price
₹424
Listing Price
₹500.25
Listing Gain/Loss
+17.98%
Listing Date
23 Jul 2026
Price Since Listing
Returns are measured against the ₹424 issue price.
Listing
₹500.25
+18.0%
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FAQ
What is the price band of Caliber Mining & Logistics IPO?
The price band is ₹424 per share with a lot size of 35 shares. Minimum investment: ₹14,840.
What does Caliber Mining & Logistics do?
Caliber Mining and Logistics Limited is a mining and logistics company that provides integrated services for coal mining and transportation. The company undertakes overburden removal, coal extraction, coal loading and unloading, road transportation, rake loading, rail coordination, and coal trading on a contractual basis. It primarily serves coal mine operators and also provides logistics services for coal and iron ore. The company operates mining and overburden removal projects across Maharashtra, Madhya Pradesh, and Chhattisgarh, although it does not own the mines where it provides services. Its major customers include subsidiaries of Coal India Limited, such as Western Coalfields Limited (WCL) and Northern Coalfields Limited (NCL). As of April 30, 2026, the company had a fleet of 1,911 vehicles, plant, and machinery, including owned and leased equipment, and operates in-house maintenance workshops at its headquarters in Chandrapur and at several mining sites.
Should I apply for Caliber Mining & Logistics IPO?
Caliber Mining & Logistics listed at ₹500.25 (+18.0% premium to the ₹424 issue price) after 146.4x subscription. IPOFins Score 8/10: Driven by QIB demand at 240.7x and moderate disclosed risk (5/10), Caliber Mining & Logistics listed at a premium of 18.0% to its issue price. The signals lean constructive — still confirm valuation against listed peers and read the DRHP before applying beyond one lot.
Who founded Caliber Mining & Logistics?
Caliber Mining & Logistics was founded by Mr Mohit Chadda in 2014.