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IPO
Central Mine Planning And Design Institute IPO
CM

Central Mine Planning And Design Institute IPO

Central Mine Planning And Design Institute Limited

₹13,040/ 80 shares

Minimum investment

Central Mine Planning And Design Institute IPO Details

Bidding date

20 Mar - 24 Mar 2026

Price range

₹163 - ₹172

Minimum quantity

80

Minimum investment

₹13,040

Issue size

₹1,842 Cr.

IPO doc (link)

RHP docsExternal Link

Listing exchange

NSE/BSE

Central Mine Planning And Design Institute IPO Dates & Timeline

20 Mar, 2026
Opening date
24 Mar, 2026
Closing date
25 Mar, 2026
Basis of allotment
27 Mar, 2026
Initiation of refunds
27 Mar, 2026
Credit of shares
30 Mar, 2026
Listing date

Central Mine Planning And Design Institute IPO Subscription Status

Category
Subscription
Qualified Institutional Buyers
3.48x
Retail Individual Investor
0.33x
Non-Institutional Investor
0.35x
Others
-
Total
1.05x

About Central Mine Planning And Design Institute IPO: Company Overview

Central Mine Planning & Design Institute Limited (CMPDI) was incorporated in 1974 and is one of India's leading consultancy organizations specializing in coal and mineral exploration, mine planning, and mining project design. The company provides end-to-end consultancy and technical services across the entire value chain of the coal and mineral sector. CMPDI offers a wide range of services including geological exploration, mine planning and design, environmental management, infrastructure engineering, geomatics, remote sensing, and specialized technology services. These services primarily support the coal industry but also extend to other minerals.

The company holds a market share of around 61% in Fiscal 2025, making it one of the largest coal and mineral consultancy companies in India. CMPDI is also the preferred technical consultant for Coal India Limited, which significantly strengthens its position in the industry.

CMPDI operates through several specialized business verticals including:

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

The company has strong infrastructure capabilities. As of March 31, 2025, CMPDI maintained one of the largest fleets of exploratory drilling equipment in India used for coal and mineral exploration. As of December 31, 2025, the company operates seven regional institutes located in major coal-producing states such as Madhya Pradesh, Chhattisgarh, Odisha, and West Bengal. These regional institutes help execute exploration and mining projects efficiently across the country. CMPDI has also planned open-cast mines with an annual production capacity of up to 85 million tonnes and mining depths of up to 420 meters, demonstrating its ability to manage large-scale mining operations. Additionally, the company operates eight advanced laboratories across different coalfields that specialize in coal testing and analysis, supporting exploration and quality assessment activities. CMPDI also participates in mineral exploration initiatives supported by the National Mineral Exploration and Development Trust (NMET). As of December 31, 2025, the company had submitted eleven exploration proposals for minerals such as bauxite, copper, magnetite, and zinc, of which six were approved and four have already been completed. The promoters of the company are the President of India (acting through the Ministry of Coal) and Coal India Limited, making CMPDI a government-backed public sector enterprise.

Strengths & Risks of Central Mine Planning And Design Institute IPO

Market Leader in Coal Consultancy Services: CMPDI is one of the largest consultancy companies in India specializing in coal and mineral exploration with a strong market share.

Strong Relationship with Coal India Limited: Being the preferred consultant to Coal India Limited ensures a steady pipeline of projects.

Government-backed PSU: Promoted by the Government of India and Coal India Limited, which enhances trust and stability.

Strong Infrastructure and Technical Capabilities: The company operates advanced drilling equipment, multiple laboratories, and regional institutes across major coal-producing regions.

Strong Financial Performance: CMPDI has demonstrated consistent revenue growth and strong profitability over recent years.

Dependence on Coal Sector: A large portion of the company's revenue is linked to coal exploration and mining activities.

Government Policy Risks: Changes in mining regulations, environmental policies, or government policies related to coal could impact business operations.

Client Concentration Risk: A significant portion of the company’s business is associated with Coal India Limited.

Fully Priced IPO: Based on recent financial performance and valuation metrics, some analysts consider the IPO to be fairly priced.

Central Mine Planning And Design Institute Financials: Revenue, Profit & EBITDA

1 Cr.

Dec'25

425.36 Cr.

Dec'25

593.85 Cr.

Dec'25

How to Apply for Central Mine Planning And Design Institute IPO: Step-by-Step Guide

  • Research the IPO:Review the prospectus and company details.
  • Open accounts:Ensure you have a demat and trading account.
  • Check dates:Note the IPO opening and closing dates.
  • Apply online:Log in to your brokerage account and complete the IPO application form.
  • Make payment:Pay through your linked bank account.
  • Submit application:Confirm and submit your application.
  • Track status:Monitor the allotment status and check for shares in your demat account upon listing.

FAQs: Central Mine Planning And Design Institute IPO

Ans. Central Mine Planning IPO is a book-built public issue of approximately Rs. 1,842.12 crore, consisting entirely of an offer for sale of 10.71 crore shares.

Ans. The IPO will open for subscription on March 20, 2026, and close on March 24, 2026.

Ans. The price band for the IPO is Rs. 163 to Rs. 172 per share.

Ans. The minimum application lot size is 80 shares, requiring a minimum investment of Rs. 13,760 at the upper price band.

Ans. The allotment for the IPO is expected to be finalized on March 25, 2026.

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