• IPO offering details: Caliber Mining and Logistics is launching a ₹450 crore IPO priced between ₹402 and ₹424 per share, comprising a ₹400 crore fresh issue and a ₹50 crore offer for sale.
• Financial and revenue mix: The company achieved a revenue of ₹1,677 crore with a 2-year CAGR of 32%, a 3-year average EBITDA margin above 24.5%, and draws 86% of its revenue from coal mining services.
• Debt reduction plan: From the fresh issue proceeds, ₹208 crore will be deployed to reduce the company's total borrowings of over ₹1,000 crore, alongside purchasing new trucks and funding general corporate purposes.
• Order book visibility: The firm holds an order book exceeding ₹9,550 crore as of May 2026, which provides operational and revenue visibility for the next 2.5 to 3 years.
• Operating cost dynamics: Major operating expenses impacting unit economics comprise diesel and power costs at 47% to 50% of revenue, alongside employee costs at approximately 11% of revenue.