Caliber Mining & Logistics IPO Subscribed 154.66 Times on Day 3

Caliber Mining & Logistics Limited's initial public offering (IPO) closed with a blockbuster overall subscription of 154.66 times by 5:24 PM on Day 3 (July 21, 2026). The ₹450 crore book-built issue, priced at ₹402 to ₹424 per share, received bids for 1,14,90,37,400 shares against 74,29,247 shares on offer, with total applications reaching 38,44,190. Non-Institutional Investors led the final-day surge with big-HNI bids at over 309x, while QIB and retail categories also witnessed exceptional participation, cementing this as one of the most enthusiastically received mainboard IPOs of the month.

Invest in Indian Markets and Unlock Future Potential With 5paisa!

Open Account Now

Subscription Status of Caliber Mining & Logistics IPO

Here are the subscription details for Caliber Mining & Logistics IPO Day 3, as of 5:24 PM:

Key Highlights – Day 3

• Overall subscription surged to a blockbuster 154.66 times on Day 3 (July 21, 2026), a sharp jump from 25.04x on Day 2, reflecting an exceptional close for the ₹450 crore integrated coal mining and logistics issue.
• Non-Institutional Investors (NIIs) were the standout category at 281.99 times, with big-ticket bNII bids at 309.31x outpacing sNII at 227.37x.
• Qualified Institutional Buyers (Ex-Anchor) turned decisively active on the final day, closing at 253.88 times after just 1.49x at the end of Day 2, drawing bids for over 53.88 crore shares.
• Retail Individual Investors subscribed 43.40 times, with bids received for 16.12 crore shares against 37.14 lakh shares reserved.

Key Highlights – Day 2

• Overall subscription surged to 24.43 times on Day 2 (July 20, 2026), a sharp jump from 1.31x on Day 1, reflecting strong HNI-led momentum midway through the bidding window.
• Non-Institutional Investors (NIIs) were the standout category at 72.93 times, with sNII (small NII) bids at 75.73x slightly ahead of bNII at 71.53x — a signal of aggressive interest from both large and small HNIs.
• Retail Individual Investors subscribed 16.74 times, drawing bids worth ₹2,637 crore against a reserved portion of ~₹157.5 crore.
• Qualified Institutional Buyers (Ex-Anchor) closed Day 2 at 1.49 times, up from 0.31x on Day 1, with the bulk of QIB action typically expected on the final day.

Key Highlights – Day 1

• Overall subscription stood at 1.31 times on Day 1 (July 17, 2026), with the issue fully subscribed on the opening day itself.
• Retail Individual Investors led the opening day at 1.72 times, showing healthy participation from the first day of bidding.
• Non-Institutional Investors (NIIs) subscribed 1.69 times, with sNII at 2.28x running ahead of bNII at 1.40x. Qualified Institutional Buyers (Ex-Anchor) subscribed 0.31 times, in line with the typical institutional pattern of bidding on the final day.

About Alpine Texworld Limited

Incorporated in 2014 and headquartered in Chandrapur, Maharashtra, Caliber Mining & Logistics Limited is an integrated service provider specialising in coal extraction and coal logistics. The company offers end-to-end solutions across coal mining, overburden removal, coal loading/unloading, road transportation, rake loading and rail coordination, with operations spanning Maharashtra, Chhattisgarh and Madhya Pradesh. Its largest customers are subsidiaries of Coal India Limited, including Western Coalfields Limited (WCL) and Northern Coalfields Limited (NCL).