Caliber Mining & Logistics IPO Details

Bookbuilding IPO | ₹[.] Cr | Listing at BSE, NSE |

Caliber Mining IPO Logo

SEBI has approved the Initial Public Offer (IPO) of Caliber Mining & Logistics Ltd. on May 13, 2025. The company will proceed with next steps to launch the Initial Public Offer (IPO) subject to market conditions and other approvals. The SEBI approval is valid for 12 months.

Caliber Mining & Logistics Ltd. IPO is a Book Build Issue

The equity shares are proposed to be listed on NSE and BSE. Dam Capital Advisors Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Caliber Mining IPO DRHP for more details.

IPO Details

IPO Date[.]
Listing Date[.]
Face Value10 per share
Price Band
Lot Size
Sale TypeFresh capital cum OFS
Issue TypeBookbuilding IPO
Listing AtBSE, NSE

IPO DRHP Status

DescriptionDate
Filed with SEBI/ExchangeThu, Jan 9, 2025
SEBI/Exchange approval receivedTue, May 13, 2025

IPO Reservation

Investor Category Shares Offered
QIB Shares Offered Not more than 50% of the Net Offer
Retail Shares Offered Not less than 35% of the Net Offer
NII Shares OfferedNot less than 15% of the Net Offer

About Caliber Mining & Logistics Ltd.

Incorporated in 2014, Caliber Mining and Logistics Limited engaged as an integrated service provider specializing in coal extraction and coal logistics.

The company provides comprehensive services, including coal extraction, overburden removal, coal loading and unloading, road transportation, and rail transportation coordination, making it a complete coal mining and logistics solution provider.

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

The company has been in the logistics business since Fiscal 2016, offering a one-stop solution for coal loading, unloading, and road transportation. In Fiscal 2023, it expanded to serve iron ore customers.

The company's mining and overburden removal operations are based in Maharashtra, Chhattisgarh, and Madhya Pradesh.

Business Operations:

  • Coal mining services: The company extracts coal and removes overburden through mining contracts with mine-owning customers, including Coal India subsidiaries. Operations are focused on open-cast mining, using excavators, dozers, and trucks for excavation and transport.
  • Logistics: The company provides logistics services for coal and iron ore, including loading, transportation, and unloading using a large fleet. Services are governed by work orders specifying terms like price and delivery schedules.
  • Rake loading: The company provides rake loading services, using loaders to load coal onto rail rakes. It also inspects and cleans wagons, ensures timely loading, and invoices customers based on the weighed quantity.
  • Rail Coordination: The company provides rail coordination services for power plants, including managing coal allocation, quality, rake placement, loading, weighing, and timely delivery, ensuring no penalties or delays occur.
  • Coal Trading: The company engages in coal trading, buying coal from WCL and the open market and selling it to power plants and traders for profit in the open market.

As of October 31, 2024, the company had 3,742 employees, including nine employees on retainer.

Competitive Strengths:

  • Fast growing, end-to-end coal mining and logistics solution provider
  • Execution experience and operational efficiencies yielding opportunities for new L-1 orders
  • Growing share of business in the mining industry and from Coal India subsidiaries backed by a strong order book of ₹508,471.31 lakhs as of October 31, 2024.
  • Proven track record of growth with robust financial performance.
  • Rich industry experience and legacy-led promoters supported by a strong management team and professionals.

Company Financials (Restated Consolidated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets1,259.93729.81417.60
Total Income958.18662.34379.57
Profit After Tax95.1293.1944.31
NET Worth294.81199.69106.50
Total Borrowing725.60379.47239.60
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 Repayment/ prepayment, in full or part, of certain borrowings availed by the Company 175.00
2 Funding capital expenditure for purchase of machinery 200.00
3 General corporate purposes

Key Performance Indicator (KPI)

KPIMar 31, 2024
ROCE16.79%
Debt/Equity2.46
RoNW32.27%
PAT Margin9.98%
Pre IPOPost IPO
EPS (₹)17.7517.75
Promoter Holding94.91%
Mohit Satishkumar Chadda, Anuj Krishanlal Chadda, Manish Krishanlal Chadda, Rahul Roshanlal Chadda and Priya Anuj Chadda are the promoters of the company.

IPO Registrar

Kfin Technologies Ltd.

Contact Details

Caliber Mining & Logistics Ltd. Address
MIDC Chandrapur Industrial Area,
Plot No. B-38 to B-48,
Chinchala
Chandrapur, Maharashtra, 442406
Open an Instant Account with Zerodha

IPO FAQs

Caliber Mining IPO is a main-board IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .

The Caliber Mining IPO open and close dates are not available as of now.

Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Zerodha customers can apply online in Caliber Mining IPO using UPI as a payment gateway. Zerodha customers can apply in Caliber Mining IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Caliber Mining IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Caliber Mining IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Caliber Mining IPO dates are not announced. Please check back again after some time.

Caliber Mining IPO lot size and the minimum order quantity is not available at this time. Please check again later.

You can apply in Caliber Mining IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Caliber Mining IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Caliber Mining IPO allotment status.

The Caliber Mining IPO listing date is not yet announced. The tentative date of listing is .

Compare: