CALIBER MINING & LOGISTICS LTD. IPO
Incorporated in 2014, Caliber Mining and Logistics Limited engaged as an integrated service provider specializing in coal extraction and coal logistics.
The company provides comprehensive services, including coal extraction, overburden removal, coal loading and unloading, road transportation, and rail transportation coordination, making it a complete coal mining and logistics solution provider.
The company's largest customers are subsidiaries of Coal India Limited (CIL), including Western Coalfields Limited (WCL) and Northern Coalfields Limited (NCL).
The company's mining and overburden removal operations are based in Maharashtra, Chhattisgarh, and Madhya Pradesh.
The company have a fleet of 1,911 vehicles, plant and machinery including 100 that are leased vehicles, plant and machinery, as of April 30, 2026 comprising of 883 tippers, 64 loaders, 162 excavators and 362 tip trailers.
Business Operations:
Coal mining services: The company extracts coal and removes overburden through mining contracts with mine-owning customers, including Coal India subsidiaries. Operations are focused on open-cast mining, using excavators, dozers, and trucks for excavation and transport.
Logistics: The company provides logistics services for coal and iron ore, including loading, transportation, and unloading using a large fleet. Services are governed by work orders specifying terms like price and delivery schedules.
Rake loading: The company provides rake loading services, using loaders to load coal onto rail rakes. It also inspects and cleans wagons, ensures timely loading, and invoices customers based on the weighed quantity.
Rail Coordination: The company provides rail coordination services for power plants, including managing coal allocation, quality, rake placement, loading, weighing, and timely delivery, ensuring no penalties or delays occur.
Coal Trading: The company engages in coal trading, buying coal from WCL and the open market and selling it to power plants and tra