Caliber Mining and Logistics IPO

Caliber Mining and Logistics Limited is a listed issue, offered in a price band of ₹424 to ₹424 per share, in lots of 35 shares. Every figure below is taken from the issue's own filings and exchange disclosures.

Issue details

Price band

₹424 – ₹424

Lot size

35 shares

Minimum investment

₹14,840

Issue size

₹474.63 Cr

Fresh issue

₹400 Cr

Offer for sale

₹50 Cr

Opens

17 Jul 2026

Closes

21 Jul 2026

Listing date

24 Jul 2026

Registrar

KFin Technologies Limited

Symbol

CMLL

One lot of 35 shares at the upper band price of ₹424 is ₹14,840 — the smallest retail application this issue accepts.

Lead managers: DAM Capital Advisors Limited.

Subscription status

How many times the issue has been applied for, by investor category, as reported by the exchange at 21 Jul 2026, 07:05 pm IST.

Grey market premium (GMP)

Latest reported GMP

₹64

Implied over upper band

15.10%

As of

24 Jul 2026, 07:05 pm IST

How the reported premium has moved. The trend matters more than any single reading — a premium that is drifting down into the close is a different signal from one holding firm.

Grey Market Premium is an unofficial, unregulated over-the-counter datapoint reported by third parties. It is not a price, a forecast, or an indication of listing gains, and is not investment advice.

Reported financials

As disclosed in the offer document. Figures in ₹ crore unless the filing states otherwise.

Strengths disclosed in the offer document

• The company is a fast-growing, end-to-end coal mining and logistics solution provider.
• It has a robust fleet of 1,911 vehicles, plant, and machinery, including 100 leased vehicles.
• The company has a strong track record in managing complex mining projects, particularly those involving coal and OB removal.
• CMLL has a strong regional presence in Maharashtra, Madhya Pradesh, and Chhattisgarh and is expanding into Odisha and Jharkhand.
• The company has a unique proposition of offering services in coal and OB removal with its own fleet, in-house maintenance capabilities, and a focused approach on low capex and high returns.
• CMLL has a strong reputation and long-standing relationships with key customers, including Coal India Limited (CIL), resulting in repeat business.
• The company has an opening orderbook of approximately ₹9,55,089.08 lakhs as of May 15, 2026, ensuring adequate revenue visibility for the medium term.

Risk factors disclosed in the offer document

• The company's revenue and profitability entirely depend on winning tenders, and the segment is highly competitive, often necessitating aggressive bidding, which may constrain profitability.
• Reliance on a few large work orders could lead to order book concentration, where significant project execution delays or payment delays from counterparties could impact revenue and working capital cycles.
• The company's operations are exposed to the cyclical nature of the end-user industries, primarily mining and power, for excavation and transportation businesses.
• The capital structure is moderate, owing to high reliance on external debt to fund working capital and equipment needs.
• The company's mining operations are subject to operating risks, including accidents and equipment failures, which could disrupt operations and increase costs.
• The company is dependent on third-party suppliers for critical materials, and any disruption or price volatility could adversely affect its business.
• The company may not be successful in expansion into new geographic markets, which may adversely affect its business, results of operations, and financial condition.

These are the company's own disclosures, not Alphave's assessment. Read the offer document →

What this page will not tell you

Whether to apply

Alphave is NISM-certified, not a SEBI-registered research analyst. There is no rating, verdict or recommendation on this issue anywhere on this page.

What it will list at

Nobody knows, and GMP is not a forecast of it. It is an unofficial over-the-counter quote reported by third parties, shown here with its source time so you can judge how stale it is.

Your allotment

Allotment is decided by the registrar (KFin Technologies Limited) after the issue closes. Track the whole calendar in the IPO Centre.

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