Dam Capital Advisors Ltd.

Established in 2014, Caliber Mining and Logistics Limited is a Maharashtra-based enterprise offering integrated coal extraction and logistics services. The company provides comprehensive, end-to-end solutions tailored to the needs of the mining industry. Its core operations encompass open-cast coal mining, machinery-driven excavation, and efficient road and rail transportation. By also managing specialized rake loading, rail coordination, and coal trading, the firm ensures a seamless supply chain from mine to market.

The company primarily serves major state-owned clients, including key subsidiaries of Coal India Limited like Western Coalfields and Northern Coalfields. Its widespread operations are strategically located across Maharashtra, Madhya Pradesh, and Chhattisgarh. To support these extensive activities, Caliber manages a massive transport and mining fleet of over 1,900 vehicles—such as tippers, excavators, and trailers—ensuring reliable, high-volume delivery and operational excellence.

For the year/period ended (Rs. in Cr.)

For year/ period ended ( in Cr.)

*Market cap @upper band

• 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.
• Proven track record of growth with robust financial performance.
• Rich industry experience and legacy-led promoters supported by a strong management team and professionals.

The Company CALIBER MINING AND LOGISTICS LIMITED IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:

• Repayment/prepayment, in full or part, of certain borrowings availed by the company (Rs. 208 Cr.)
• Funding capital expenditure for purchase of machinery (Rs. 167 Cr.)

General corporate purposes

At the upper band of IPO Rs. 424, the stock is valued at 17.55 P/E multiple. Hence, well-informed investors subscribe for medium to long term perspective.