Caliber Mining & Logistics has fixed the price band for its initial public offering at ₹402 to ₹424 per equity share, with a face value of ₹10.
The subscription window opens on July 17 and closes on July 21, with a minimum lot size of 35 shares.
Allocations are reserved for various investor categories, including retail, non-institutional, and qualified institutional buyers.
The pricing places the issue in the mid-range for recent Indian IPOs, reflecting the company’s position in the mining and logistics sector.
Investors will assess demand during the five-day subscription period to gauge market appetite for industrial logistics plays.
The company aims to raise capital to fund expansion and working capital requirements, though specific use-of-proceeds details were not fully elaborated in the initial filing.