1 month ago
Caliber Mining & Logistics IPO Debuts
Caliber Mining & Logistics, a company that specializes in coal extraction and logistics, is set to list its shares on the stock market on 24 July.
The IPO, which opened on 17 July and closed on 21 July, received a strong response from investors, being subscribed 146.64 times.
The company raised ₹134.99 crore from anchor investors before the IPO.
The shares are expected to list at ₹501, which is 18.16% higher than the IPO price of ₹424.
The proceeds from the IPO will be used to repay debt, fund capital expenditure, and for general corporate purposes.
Caliber Mining & Logistics IPO to debut on 24 July on BSE and NSE.
IPO subscribed 146.64 times, indicating strong investor interest.
Grey market premium (GMP) of ₹77 suggests an estimated listing price of ₹501.
IPO consists of a fresh issue of ₹400 crore and an Offer for Sale (OFS) of ₹50 crore.
Proceeds to be used for debt repayment, capital expenditure, and general corporate purposes.
- Who
- Caliber Mining & Logistics, a mining services company based in Maharashtra
- What
- IPO listing on BSE and NSE
- Where
- India
- When
- 24 July
- Why
- To repay debt, fund capital expenditure, and for general corporate purposes
Investor Optimism
Market Risk
Market Sentiment
Investor Optimism
Investors are optimistic about the IPO due to the strong grey market premium and oversubscription.
Market Risk
There is always a risk of market volatility affecting the IPO listing price.
Key facts
- IPO Listing Date
- 24 July
- Listing Exchanges
- BSE and NSE
- IPO Allotment Date
- 22 July
- Grey Market Premium (GMP)
- ₹77
- Estimated Listing Price
- ₹501
- IPO Price Band
- ₹402-424 per share
- Minimum Investment
- ₹14,840
- Total IPO Size
- ₹450 crore
- Fresh Issue Size
- ₹400 crore
- Offer for Sale (OFS) Size
- ₹50 crore
- Subscription Rate
- 146.64 times
- Anchor Investors Funding
- ₹134.99 crore
Quotes
BSE
Listing notification to trading members
“Trading Members of the Exchange are hereby informed that effective from Friday, July 24, 2026, the equity shares of CALIBER MINING AND LOGISTICS LIMITED shall be listed and admitted to dealings on the Exchange in the list of ‘B’ Group of Securities, "and the stock will be available for trading from 10:00 AM."”
livemint.com
Sushant Prashar, Research Analyst, INVasset PMS
Research analyst at INVasset PMS
“A post-issue valuation of about 17.55x earnings also appears reasonable relative to its return on equity of 27.78%. In our view, the listing momentum is supported by strong near-term fundamentals, but sustained value creation will depend on execution quality, contract renewals, balance sheet discipline, and the pace of structural changes in India’s energy transition.”
livemint.com
Sources
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