Sunil Singhania’s Abakkus backed Caliber Mining and Logistics files DRHP for Rs 600 crore IPO

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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