Central Mine Planning & Design Institute
Table of Contents
- 01 IPO Description
- 02 IPO Parameters
- 03 IPO Roadmap
- 04 GMP History
- 05Central Mine Planning & Design Institute IPO Market Lot
- 06 Central Mine Planning (CMPDI) IPO Details
- 07 IPO Reservation
- 08 Central Mine Planning IPO Anchor Investors
- 09 Central Mine Planning IPO Dates
- 10 Promoters and Holding Pattern
- 11 Objects of the Issue & Utilisation of Proceeds
- 12 About Central Mine Planning IPO
- 13 Central Mine Planning IPO Company Financial Report
- 14 Central Mine Planning IPO Valuation – FY2025
- 15 Peer Group Comparison
- 16 IPO Lead Managers aka Merchant Bankers
IPO DESCRIPTION
Central Mine Planning & Design Institute (CMPDI) IPO is a mainboard public issue by a Government of India-owned consultancy firm and a subsidiary of Coal India Limited. The company provides services in coal and mineral exploration, mine planning, environmental management, and infrastructure design, playing a key role in India’s energy sector. The IPO opened on 20 March 2026 and closed on 24 March 2026, with a price band of around ₹163–₹172 per share. The issue is entirely an Offer for Sale (OFS), meaning the company will not receive fresh funds, and the proceeds will go to the parent company. With strong financial growth and its strategic position in the mining and energy consulting sector, CMPDI offers long-term potential, though current market sentiment remains cautious with moderate listing expectations.
IPO PARAMETERS
IPO ROADMAP
Grey Market Premium HISTORY
| Date | GMP (₹) | Daily Change | Gain (%) |
|---|---|---|---|
| 24 Mar 2026 | ₹1.00 | -₹0.50 | 0.58% |
| 23 Mar 2026 | ₹1.50 | -₹2.50 | 0.87% |
| 20 Mar 2026 | ₹4.00 | -₹9.00 | 2.33% |
| 18 Mar 2026 | ₹13.00 | +₹13.00 | 7.56% |
| 17 Mar 2026 | ₹0.00 | - | 0.00% |
Central Mine Planning & Design Institute IPO MARKET LOT
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 80 | ₹13,760 |
| Retail Maximum | 14 | 1,120 | ₹192,640 |
| S-HNI Minimum | 15 | 1,200 | ₹206,400 |
| S-HNI Maximum | 72 | 5,760 | ₹990,720 |
| B-HNI Minimum | 73 | 5,840 | ₹1,004,480 |
Central Mine Planning (CMPDI) IPO DETAILS
| IPO Open Date | March 20, 2026 |
|---|---|
| IPO Close Date | March 24, 2026 |
| Face Value | ₹2 Per Equity Share |
| IPO Price Band | ₹163 to ₹172 Per Share |
| Issue Size | Approx ₹1,842 Crores |
| Offer for Sale | Approx 10,71,00,000 Equity Shares |
| Issue Type | Book Build Issue |
| IPO Listing | BSE, NSE |
IPO RESERVATION
| Investor Category | Shares Offered | Shares (%) |
|---|---|---|
| Anchor Investor | — Shares | —% |
| QIB (Ex. Anchor) | — Shares | 50% |
| NII Shares Offered | — Shares | 15% |
| Retail Shares Offered | — Shares | 35% |
Central Mine Planning IPO Anchor INVESTORS
| Anchor Bidding Date | March 18, 2026 |
|---|---|
| Shares Offered | — Shares |
| Anchor Size | — Cr. |
| Lock-in Period (50% Shares - 30 Days) | April 24, 2026 |
| Lock-in Period (50% Shares - 90 Days) | June 23, 2026 |
Central Mine Planning IPO DATES
| IPO Open Date | March 20, 2026 |
|---|---|
| IPO Close Date | March 24, 2026 |
| Basis of Allotment | March 25, 2026 |
| Refunds | March 27, 2026 |
| Credit to Demat Account | March 27, 2026 |
| IPO Listing Date | March 30, 2026 |
| Bidding Cut-off Time | March 24, 2026 – 5 PM |
Promoters and Holding PATTERN
| Promoters | President of India (through Ministry of Coal, Government of India) and Coal India Limited |
|---|---|
| Promoter Holding Pre Issue | 71,40,00,000 Shares (100%) |
| Promoter Holding Post Issue | 71,40,00,000 Shares (—%) |
Objects of the Issue & Utilisation of PROCEEDS
| Purpose | The company will not receive any proceeds from the Offer |
|---|---|
| Amount | ₹— |
About Central Mine Planning IPO
The Central Mine Planning & Design Institute Limited (CMPDI) was set up in 1974 as a part of the Coal Mines Authority Limited (CMAL) after India nationalized its coal industry.
It is headquartered in Ranchi. Further, the company is always ahead in providing complete consultancy and support services in mineral exploration, mine planning, infrastructure design, environmental management, and system implementation.
With seven Regional Institutes across India and a network of exploration camps and field units, CMPDI is positioned as both a commercial and national strategic asset in India’s energy and resource planning ecosystem.
Central Mine Planning & Design Institute Ltd.’s revenue surged by 23%, and the profit after tax (PAT) rose by 33% between the financial year ending with March 31, 2025, and March 31, 2024.
Central Mine Planning IPO Company Financial REPORT
| Period Ended | Revenue (₹ Cr.) | Expense (₹ Cr.) | PAT (₹ Cr.) | Assets (₹ Cr.) |
|---|---|---|---|---|
| 2023 | 1,398.78 | 1,031.83 | 296.66 | 1,919.53 |
| 2024 | 1,770.18 | 1,037.34 | 503.23 | 2,171.37 |
| 2025 | 2,177.53 | 1,295.39 | 666.91 | 2,682.80 |
| Dec 2025 | 1,543.93 | 975.41 | 425.36 | 2,911.12 |
Central Mine Planning IPO Valuation – FY2025
| KPI | Values |
|---|---|
| ROE | 36.7% |
| ROCE | 48.6% |
| EBITDA Margin | 42.1% |
| PAT Margin | 30.6% |
| Debt to Equity Ratio | — |
| EPS (Basic) | ₹9.3 |
| P/E Ratio | N/A |
| Return on Net Worth (RoNW) | 36.7% |
| Net Asset Value (NAV) | ₹28.6 |
Peer Group COMPARISON
| Company | EPS | P/E Ratio | RoNW % | NAV | Income (₹ Cr.) |
|---|---|---|---|---|---|
| Engineers India Ltd (EIL) | 7.92 | 5.22 | 21.1% | 40.1 | 3,280.86 |
| RITES Limited (RITES) | 8.03 | 4.21 | 15.5% | 57.2 | 2,217.81 |
IPO Lead Managers aka Merchant BANKERS
- IDBI Capital Markets Services Ltd.
- SBI Capital Markets Ltd.