Caliber Mining and Logistics Announces Public Offering Structure Amid DRHP Updates
Caliber Mining and Logistics Limited, formerly known as Caliber Mercantile Private Limited, has completed the process concerning its Draft Red Herring Prospectus (DRHP), which includes significant proposals for a public offering. The company's offer is structured to comprise fresh equity shares alongside secondary sales by promoter shareholders.The total offering is designed to constitute part of the post-offer paid up equity capital.
Offer Structure Details
The public offering involves multiple components: a fresh issue from the company, as well as offerings for sale from various promoter entities. The offering details are summarized below:| Offering Component | Entity/Type | Quantity Range |
|---|---|---|
| Fresh Equity Shares (New Issue) | Company | Up to 600 lakh shares |
| Offer for Sale (OFS) | Krishnanlal Chaddha (HUF) | Up to 250 lakh shares |
| Offer for Sale (OFS) | Rahul Roshan Lal Chadda (HUF) | Up to 10 lakh shares |
The fresh issue involves the company offering up to equity shares at a face value of ₹10 each. The offer price aggregates up to the sum of the issue price, including a premium of [value] per equity share.
Investor and Company Details
Caliber Mining and Logistics Limited is led by promoters Mohit Satishkumar Chaddha and Anuj Krishnanlal Chadda. The company's Business is in the mining sector, which includes related business transactions as well as common pursuits.The offering is being managed by various financial advisors and registrars:
| Role | Entity |
|---|---|
| Book Running Lead Manager (BRLM) | DAM Capital Advisors Limited |
| Registrar to the Offer | KFin Technologies Limited |
The offer has been introduced through a public notice following compliance with relevant circulars.
FAIRCHEMOR Stock Price Movement
As of 2:19 PM, shares of Fairchem Organics Limited are slipping by 2.07% in live trading, currently valued at ₹575.95. The stock traded within an intraday range defined by a low of ₹571.90 and a high of ₹599.95, while the total volume registered stands at 3,915 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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