CMPDI IPO Opens: 7 key things investors must know about Coal India arm’s Rs 1,842 crore offer

CMPDI IPO: The initial public offering (IPO) of Central Mine Planning and Design Institute (CMPDI), a subsidiary of Coal-India, opens for public subscription today, March 20, and will remain open till March 24, 2026. The issue is an offer for sale (OFS) of shares.

The basis of allotment of the IPO shares is expected to be finalised on March 25, 2026, and the stock is likely to list on both the stock exchanges (BSE and NSE) on March 30, 2026, tentatively.

Central Mine Planning IPO details: Here are 7 key things that investors should know before applying

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1) CMPDI issue size

The Central Mine Planning IPO is a book-build issue of Rs 1,842 crore, consisting of an offer-for-sale of 10.71 crore shares.

2) CMPDI IPO price band

The IPO is priced at Rs 163 to Rs 172 per equity share.

4) CMPDI IPO lot size

The lot size for an application for the Central Mine Planning IPO is 80 shares

5) CMPDI IPO minimum investment required for retail category

The retail category is required to make a minimum investment of Rs 13,760, based on the upper end of the price band.

6) CMPDI lead manager and registrar details

IDBI Capital Markets Services Ltd is the book-running lead manager, while Kfin Technologies Ltd is the registrar of the issue.

7) CMPDI investor reservation category

The IPO has allocated 50 per cent, 15 per cent and 35 per cent of the net offer for the QIB, NII and retail investor categories, respectively.

About Central Mine Planning & Design Institute

Central Mine Planning & Design Institute Limited (CMPDI), incorporated in 1974, provides consultancy and support services across coal and mineral exploration, as well as mine planning and design.

The company’s services include infrastructure engineering, environmental management, technology solutions, and management systems, primarily for the coal sector and other minerals. CMPDI is one of the largest coal and mineral consultancy firms in India, holding a market share of 61.0% in Fiscal 2025, and serves as a consultant for Coal India Limited.

CMPDI operates through the following business verticals:

• Geological Exploration and Resource Evaluation
• Mine Planning and Design Services
• Environmental Planning and Monitoring Services
• Geomatics, Remote Sensing, and Survey Services

The company is supported by an infrastructure that enables a wide range of activities in the coal and mineral sector. As of March 31, 2025, it operates one of the largest fleets of exploratory drilling equipment in India.