Caliber Mining and Logistics, backed by Sunil Singhania’s Abakkus, has filed its DRHP for an IPO. The issue comprises a fresh issue of up to Rs 500 crore and an OFS of up to Rs 100 crore. Proceeds from the fresh issue will be utilized for debt repayment, capital expenditure, and general corporate purposes.
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The company’s board also recommended a final dividend of Rs 2.10 per equity share for the financial year 2024–25.