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Caliber Mining IPO
Price Band
₹402.0–424.0
Issue Size
₹450.0 Cr
Lot Size
35 shares
Min Investment
₹14,840
GMP
+₹64.0 (15.09%)
Issue Price
₹424.0
Subject to Sauda
₹1700
Paid only if allotted
Caliber Mining IPO AI Summary
- Caliber Mining IPO is listed on BSE, NSE in the Coal sector.
- Price band: ₹402.0–₹424.0 per share, lot size 35 shares (min. investment ₹14,840).
- Subscription window: 17 Jul–21 Jul 2026, listing on 24 Jul 2026.
- Current GMP is +₹64.0 (15.09%), an estimated listing price of ₹488 — unofficial and can change daily.
Caliber Mining and Logistics Limited is set to make its debut on the stock market with a strong order book and growth trajectory. The IPO has garnered significant interest, indicating robust demand among investors.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Caliber Mining IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 21 Jul 2026 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Overall Subscription
154.66x
| Category | Subscription | Status |
|---|---|---|
| QIB (Institutional) |
253.88x
|
254x 🔥 |
| NII (HNI) |
281.99x
|
282x 🔥 |
| ↳ bNII (>₹10L) |
309.31x
|
309x 🔥 |
| ↳ sNII (<₹10L) |
227.37x
|
227x 🔥 |
| Retail (RII) |
43.40x
|
43x ✓ |
| Total | 154.66x | 154.66x |
Auto-updated every 5 min · As of 21st Jul 2026 18:56
Caliber Mining IPO Grey Market Premium (GMP) Today
GMP
+₹64.0
GMP %
+15.09%
Est. Listing
₹488.0
Updated: 24 Jul 2026 09:15
GMP Trend (Last 10 Days)
About the Company
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 (₹ Cr)
As of 2026-03-31
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 2,077.39 | 1,404.09 | 1,279.18 |
| Total Income | 1,684.66 | 1,435.57 | 957.92 |
| Profit After Tax | 157.90 | 131.55 | 95.90 |
| EBITDA | 430.92 | 349.77 | 243.14 |
| NET Worth | 647.54 | 489.30 | 295.93 |
| Reserves and Surplus | 593.96 | 435.71 | 244.93 |
| Total Borrowing | 1,057.61 | 649.27 | 717.88 |
Key Ratios
EPS
₹28.23
NAV
₹120.85
ROCE
16.60%
RoNW
24.38%
P/B Value
7.33
P/E Ratio
15.02
Market Cap
₹2771.93 Cr
PAT Margin
9.41%
Debt/Equity
1.63
Peer Comparison
| Company | NAV | RoNW | P/E (x) | EPS Basic | EPS Diluted |
|---|---|---|---|---|---|
| Dilip Buildcon Ltd | 428.55 | 20.09% | 4.95 | 86.08 | 86.08 |
| Sindhu Trade Links Limited | 14.66 | 2.54% | 97.15 | 0.27 | 0.27 |
| Ncc Limited | 127.88 | 9.02% | 13.59 | 10.76 | 10.76 |
| Power Mech Projects Ltd | 818.9 | 15.9% | 22.94 | 115.12 | 115.12 |
| Caliber Mining and Logistics Limited This IPO | 120.85 | 24.38% | — | 29.47 | 29.47 |
Promoters
Mohit Satishkumar Chadda, Anuj Krishanlal Chadda, Manish Krishanlal Chadda, Rahul Roshanlal Chadda, Priya Anuj Chadda
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 208.00 2 Funding capital expenditure for purchase of machinery 167.00 3 General Corporate Purposes 2.16 4 Issue Expenses 25.70 Total 402.85
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹957.92 Cr in the period ending 31 Mar 2024, increasing to ₹1,435.57 Cr by 31 Mar 2025, and further rising to ₹1,684.66 Cr by 31 Mar 2026. This indicates a consistent growth trend in revenue over the periods.
Profit Trend
Profit After Tax was ₹95.90 Cr for the period ending 31 Mar 2024, which grew to ₹131.55 Cr by 31 Mar 2025, and further increased to ₹157.90 Cr by 31 Mar 2026. This shows a positive trend in profitability across the reported periods.
Valuation
At the issue price of ₹424.0, Caliber Mining's implied P/E ratio is approximately 15.02 times its earnings, compared to peers trading at P/E ratios ranging from 4.95 to 97.15.
Grey Market Premium, Explained
The Grey Market Premium (GMP) indicates the expected premium or discount at which an IPO might list compared to its issue price. A positive GMP suggests that the IPO is likely to list at a higher price than the issue price, while a negative GMP indicates the opposite. Investors often look at GMP as an indicator of market sentiment towards the IPO.
Subscription Demand
As of 21st July 2026, the IPO received a total subscription of 154.66 times, with significant interest from various categories: QIBs subscribed 253.88 times, NIIs 281.99 times, and Retail investors 43.4 times, indicating strong demand across the board.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their investment goals and risk tolerance. It's important to consider the company's growth prospects and market conditions.
Who May Want to Wait
Investors who are risk-averse or those looking for stable, predictable returns may want to avoid IPOs like this, which can be subject to market fluctuations and uncertainties.
IPO Timeline, Explained
The IPO process includes several key dates: the opening date for subscription is 17th July 2026, closing on 21st July 2026, with allotment scheduled for 22nd July 2026 and listing on 24th July 2026.
Listing Gains — The Risk
Listing gains refer to the potential profit an investor might earn when selling shares on the first day of trading. While many IPOs experience price increases on listing day, this is not guaranteed and can be influenced by market conditions and investor sentiment. Therefore, investors should be cautious and not assume listing gains will occur.
This evaluation is generated from Caliber Mining's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is Caliber Mining IPO GMP today?
Caliber Mining IPO GMP today is +₹64.0 (15.09%), indicating an estimated listing price of ₹488. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of Caliber Mining IPO?
The price band of Caliber Mining IPO is ₹402.0–₹424.0 per share.
When does Caliber Mining IPO open and close?
Caliber Mining IPO opens on 17 July 2026 and closes on 21 July 2026.
When does Caliber Mining IPO list on the stock exchange?
Caliber Mining IPO listed on 24 July 2026 at ₹488.0.
What is the lot size for Caliber Mining IPO?
The lot size for Caliber Mining IPO is 35 shares, requiring a minimum investment of ₹14,840.
What is the lot size for this IPO?
The lot size for Caliber Mining's IPO is 35 shares.
What is the minimum investment required?
The minimum investment required is ₹14,840.00.
What is the price band for the IPO?
The price band for the IPO is between ₹402.0 and ₹424.0.
When is the listing date for the IPO?
The listing date for the IPO is 24th July 2026.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected premium or discount at which an IPO might list compared to its issue price.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
17 Jul 2026
Close
21 Jul 2026
Allotment
22 Jul 2026
Listing
24 Jul 2026
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