Central Mine Planning and Design Institute

Central Mine Planning and Design Institute

CLOSED

IPO Date: 20 Mar - 24 Mar 2026

Listing Date: 30 Mar 2026

Price Range

Rs.163 - Rs.172

Issue Size

1842 Cr

Min Investment

13,040

Lot Size

80 Shares

Schedule of Central Mine Planning and Design Institute

Issue open date

20 Mar 2026

Issue close date

24 Mar 2026

UPI mandate deadline

24 Mar 2026 (5 PM)

Allotment finalization

25 Mar 2026

Share credit

27 Mar 2026

Listing date

30 Mar 2026

Mandate end date

9 Apr 2026

Issue size

Funds Raised in the IPOAmount
Overall1842 Cr
Fresh Issue0 Cr
Offer for Sale1842.12 Cr

Allotment DetailsNew

Allotment TimelineDetails
Allotment Date25 Mar 2026
Allotment Link{Link}

Grey Market PremiumNew

Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.

DateIpo PriceGMPEstimated Listing Price

Performance Central Mine Planning and Design Institute

Issue PriceListing GainCurrent Market PriceP/L
Rs.163 - Rs.172............

About Central Mine Planning and Design Institute

Central Mine Planning and Design Institute Limited (CMPDI) is a provider of consultancy and support services across coal and mineral exploration, mine planning, and mine design. The company’s services cover the lifecycle of mining operations, including geological exploration and resource evaluation, mine planning and design, environmental planning and monitoring, geomatics, remote sensing, and survey services. It also provides infrastructure engineering support, environmental studies, management system consultancy, and specialised technical services related to mining operations. The company was incorporated on November 1, 1975, as a wholly owned subsidiary of Coal India Limited. It assists government bodies and mining companies in areas such as exploration, mine development planning, environmental compliance, and technical evaluation. As of December 31, 2025, the company operated seven regional institutes across coal-producing states, including Madhya Pradesh, Chhattisgarh, Odisha, and West Bengal, along with a network of laboratories that support geological analysis, environmental monitoring, and coal testing activities. Use of proceeds: The IPO is an offer-for-sale (OFS). The company will not receive any proceeds from the offer. Net proceeds from the offer will go to the promoter-selling shareholder – in this case, Coal India Limited (CIL). The primary objective of the offer is to achieve the benefits of listing the equity shares on the stock exchanges, which is expected to enhance the company’s visibility and brand recognition. Listing will also provide liquidity to the existing shareholders and create a public market for the company’s shares in India​.

Founded in1975
Managing directorMr. Chaudhari Shivraj Singh
Parent organization

Financial Overview

Strengths

  • CMPDIL provides end-to-end mining consultancy services covering exploration, mine planning, environmental management, and geomatics.
  • The company holds about 61% share of India’s coal and mineral consultancy market.
  • Strong relationship with Coal India and the Ministry of Coal, supporting long-term project opportunities.
  • Possesses advanced exploration infrastructure and one of the largest exploratory drilling fleets in India.
  • Revenue and profitability have grown significantly between FY2023 and FY2025, reflecting increased project activity.

Risks

  • A large portion of revenue comes from Coal India and a small group of customers, creating customer concentration risk.
  • Business is highly dependent on the coal sector, which may be affected by energy transition policies.
  • Operations are influenced by government policies and regulatory frameworks in mining and environmental approvals.
  • Restrictions on exploration in forest areas and law-and-order issues can delay projects and affect revenue.
  • Increasing competition may arise from domestic and international consultancy firms as the mining sector opens to private participation.

Subscription Figures

CategorySubscription (No. of times)
Qualified Institutional Buyers (QIBs)2.92
Non-Institutional Investors (NIIs)0.33
Retail Individual Investors (RIIs)0.29
EmployeeN/A
Total0.89