Caliber Mining and Logistics Limited has raised Rs 134.99 crore from anchor investors ahead of its initial public offering (IPO), reflecting strong institutional interest in the integrated mining and coal logistics company.
The company informed the stock exchanges that it allotted 31,83,961 equity shares to anchor investors at Rs 424 per share, the upper end of the IPO price band.
The anchor book attracted participation from several marquee institutional investors, including Ashoka India Equity Investment Trust Plc, Carnelian India Amritkaal Fund, and Abakkus Four2Eight Opportunities Fund. Among domestic institutional investors, Quant Mutual Fund and Helios Small Cap Fund also secured allocations.
Of the total anchor allocation, 15,33,035 equity shares were allotted to two domestic mutual funds through five schemes, underlining strong participation from India's mutual fund industry.
The company's public issue opens for subscription on Friday, July 17, 2026, and will close on Tuesday, July 21, 2026.
Caliber Mining and Logistics has set the price band for its initial public offering at Rs 402–Rs 424 per equity share of face value Rs 10 each.
The IPO comprises a fresh issue of equity shares worth up to Rs 400 crore and an Offer for Sale (OFS) of up to Rs 50 crore by promoters Mohit Satishkumar Chadda, Anuj Krishanlal Chadda, Manish Krishanlal Chadda, and Rahul Roshanlal Chadda.
Bidders can apply for a minimum of 35 equity shares and in multiples of 35 shares thereafter.
DAM Capital Advisors Limited is acting as the book-running lead manager for the issue, while KFin Technologies Limited has been appointed as the registrar. The company's shares are proposed to be listed on both the BSE and the National Stock Exchange (NSE).
Promoters Monetise Stake Ahead of IPO
The company disclosed that its promoters sold shares worth nearly Rs 50 crore on July 15, 2026, to leading institutional investors. The buyers included Carnelian Asset Management & Advisors Private Limited, Baring Private Equity India Fund 6, Anchorage Capital Fund – Anchorage Capital Scheme III, and Anubhuti Value Trust – Anubhuti Value Fund 2.
About Caliber Mining and Logistic
Founded in 2014, Caliber Mining and Logistics operates as an integrated mining services provider, offering end-to-end solutions across overburden removal, coal extraction, coal loading and unloading, road transportation, and coordination of rail logistics.
The company positions itself as a one-stop partner for coal mining and logistics operations, serving customers through an integrated operating model.
As of April 30, 2026, Caliber operated a fleet of 1,911 vehicles, plants, and machinery, including 100 leased assets. Its equipment portfolio includes 883 tippers, 64 loaders, 162 excavators, and 362 tip trailers, enabling large-scale mining and logistics operations.
The company's mining and overburden removal projects are spread across Maharashtra, Madhya Pradesh, and Chhattisgarh. While it manages mining operations across these states, the company does not own the mines and operates under contractual arrangements.
The successful anchor round comes ahead of the company's market debut and signals robust institutional demand as investors evaluate opportunities in India's expanding mining and infrastructure ecosystem.
