The non-institutional investors (NII) category was subscribed 267.36 times, the qualified institutional buyers' (QIBs) portion was subscribed 240.71 times and the retail individual investors category was subscribed 41.15 times.

The issue opened for bidding on Friday (17 July 2026) and it closed on Tuesday (21 July 2026). The price band of the IPO is fixed between Rs 402 to Rs 424 per share.

The issue comprised both an offer for sale and a fresh issue of equity shares (face value of Rs 10 each) aggregating to Rs 50 crore and Rs 400 crore, respectively. The entire offer-for-sale portion was by the promoters, namely Mohit S Chadda (Rs 12.5 crore), Anuj K Chadda (Rs 12.5 crore), Manish K Chadda (Rs 12.5 crore), and Rahul R Chadda (Rs 12.5 crore).

Of the net proceeds, the company proposed to utilize Rs 208 crore towards the repayment and/or prepayment, in full or in part, of certain outstanding borrowings availed by the company, Rs 167 crore towards funding capital expenditure for the purchase of commercial vehicles and plant & machinery (P&M), and the balance towards general corporate purposes.

Caliber Mining and Logistics provides end-to-end coal mining and logistics solutions for marquee large coal mine-owning customers such as Western Coalfields, Northern Coalfields etc. The company operates as an integrated mining services provider, managing overburden removal, coal extraction and coal logistics. Its business operations comprise five key segments: coal mining, logistics, rake loading, rail coordination services and coal trading. In FY26, the company extracted 4.48 million metric tonnes (MT) of coal from open-cast mines and removed 128.07 million cubic meters (Mcum) of overburden across seven open-cast mining projects.

Coal mining services remained the company's primary revenue contributor, accounting for 86.08% of revenue from operations in FY26, up from 80.55% in FY25. Logistics contributed 12.44% of revenue (16.39% in FY25), followed by rake loading at 0.54% (1.37%), rail coordination services at 0.02% (0.57%), and coal trading at 0.92% (1.11%).

The firm reported a consolidated net profit of Rs 157.90 crore and income from operations of Rs 1,677.66 crore for the twelve months ended on 31 March 2026.

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