
Corporate Governance13 Nov 2026, 07:26 pm
Caliber Mining IPO Proceeds Utilized as per Plan
AI Summary
Caliber Mining and Logistics Ltd has submitted its Monitoring Agency Report for the quarter ended September 30, 2026. The report, issued by CARE Ratings Limited, confirms that the utilization of IPO proceeds amounting to ₹400 crore is in line with the disclosures made in the offer document. During the quarter, the company utilized ₹371.60 crore towards the stated objects of the issue. The net proceeds available for utilization after deducting issue expenses of ₹22.84 crore amounted to ₹377.16 crore. There were no deviations observed in the utilization of funds.
Key Highlights
- IPO proceeds utilization report for Q2 FY27 submitted.
- No deviation from IPO objects noted by Monitoring Agency.
- ₹371.60 crore utilized towards stated objects.
- Net proceeds available for utilization were ₹377.16 crore.
Price Impact
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