Caliber Mining and Logistics Ltd

Use of Proceeds

The funds raised through this IPO will be used for:

Initial public offering of 1,06,13,206 equity shares of face value of Rs. 10/- each ("Equity Shares") of the company for cash at a price of Rs. 424 per equity share (Including a Premium of Rs. 414 per Equity Share) ("Offer Price") aggregating Rs. 450.00 Crores comprising of a fresh issue of 94,33,962 equity shares aggregating to Rs. 400.00 Crores by the company (The "Fresh Issue") and an offer for sale of 11,79,244 equity shares aggregating to Rs. 50.00 Crores comprising an offer for sale of 2,94,811 equity shares by Mohit Satishkumar Chadda aggregating to Rs. 12.5 Crores, 2,94,811 equity shares by Anuj Krishanlal Chadda aggregating to Rs. 12.5 Crores, 2,94,811 equity shares by Manish Krishanlal Chadda aggregating to Rs. 12.5 Crores and 294,811 equity shares by Rahul Roshanlal Chadda aggregating to Rs. 12.5 Crores (The "Promoter Selling Shareholders", and such Equity Shares Offered by The Promoter Selling Shareholders, The "Offered Shares") (Such Offer for Sale by the Promoter Selling Shareholders, the "Offer for Sale" and Together with the Fresh Issue, The "Offer"). The offer constitutes 16.23% of the post-offer paid up equity share capital of the company. The company has completed pre-ipo placements for a price of Rs. 424 per equity share. The company may, in consultation with the brlm, consider a further issue of specified securities for cash consideration aggregating up to Rs. 100.00 crores. The price of the specified securities allotted pursuant to the pre-ipo placement shall be determined by its company, in consultation with the book running lead manager ("brlm"). Prior to the completion of the offer and if the pre-ipo placement is undertaken, the company shall appropriately intimate the subscribers to the pre-ipo placement, prior to allotment pursuant to the pre-ipo placement, that there is no guarantee that its company may proceed with the offer or the offer may be successful and will result in listing of the equity shares on the stock exchanges. Further, relevant disclosures in relation to such intimation to the subscribers to the pre-ipo placement (If Undertaken). If the pre-ipo placement is completed, the amount raised pursuant to the pre-ipo placement will be reduced from the fresh issue, subject to compliance with rule 19(2)(b) of the securities contracts (Regulation) Rules, 1957, as amended (The "scrr"). the pre-ipo placement shall not exceed 20 % of the size of the fresh issue. Price Band: Rs. 424 per equity share of face value of Rs. 10 each. The floor price is 42.40 times the face value of the equity shares. Bids can be made for a minimum of 35 equity shares of face value of Rs. 10 each and in multiples of 35 equity shares of face value of Rs. 10 each thereafter.