CMPDI IPO Final Day: A "Mini Ratna" Powerhouse at a Reasonable Price—Should You Bid?
The ₹1,842 crore IPO of Central Mine Planning & Design Institute (CMPDI), a critical techn...
Read ArticleCentral Mine Planning & Design Institute IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
| IPO Open Date | 19 March 2026 | IPO Close Date | 23 March 2026 |
|---|---|---|---|
| Basis of Allotment | TBA | Listing Date | 29 March 2026 |
| Price Band | ₹163 - ₹172 per share | Face Value | ₹10 per share |
| Market Lot Size | 80 Shares | Min Investment (Retail) | ₹13,760 |
| Total Issue Size | ₹172 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | — | Offer for Sale (OFS) | — |
| Listing At | NSE, BSE | Issue Category | Mainboard Issue |
| Registrar | TBA | ||
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 19 March 2026 | Confirmed |
| IPO Close Date | 23 March 2026 | Confirmed |
| Basis of Allotment | TBA | Tentative |
| Initiation of Refunds | TBA | Tentative |
| Credit of Shares to Demat | TBA | Tentative |
| IPO Listing Date | 29 March 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 5:00 PM on Closing Day | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 1 Lot | 80 Shares | ₹13,760 |
| Retail (Max) | 14 Lots | 1,120 Shares | ₹1,92,640 |
| S-HNI (Min) | 15 Lots | 1,200 Shares | ₹2,06,400 |
| S-HNI (Max) | 72 Lots | 5,760 Shares | ₹9,90,720 |
| B-HNI (Min) | 73 Lots | 5,840 Shares | ₹10,04,480 |
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 30 Mar 2026 | ₹5 | ₹177.00 | +2.91% |
| 26 Mar 2026 | ₹1 | ₹173.00 | +0.58% |
| 24 Mar 2026 | ₹1 | ₹173.00 | +0.58% |
| 23 Mar 2026 | ₹1.5 | ₹173.50 | +0.87% |
| 20 Mar 2026 | ₹4 | ₹176.00 | +2.33% |
| 18 Mar 2026 | ₹13 | ₹185.00 | +7.56% |
| 17 Mar 2026 | ₹0 | ₹172.00 | +0.00% |
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.
| Investor Category | Shares Offered | Shares (%) |
|---|---|---|
| Anchor Investor | — Shares | —% |
| QIB (Ex. Anchor) | — Shares | 50% |
| NII Shares Offered | — Shares | 15% |
| Retail Shares Offered | — Shares | 35% |
| 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 |
| Particular | Dates |
|---|---|
| IPO Open Date | 20 Mar 2026 |
| IPO Close Date | 24 Mar 2026 |
| Basis of Allotment | - |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 30 Mar 2026 |
Note: The timeline for Central Mine Planning & Design Institute IPO is tentative and subject to change.
| 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 (—%) |
To Be Updated Soon
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.
To Be Updated Soon
To Be Updated Soon
To Be Updated Soon
Central Mine Planning & Design Institute IPO opens for subscription on 19 March 2026 and closes on 23 March 2026.
The price band for Central Mine Planning & Design Institute IPO is set at ₹163.00 to ₹172.00 per share.
The minimum market lot size is 80 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 80 Shares (₹13,760).
The latest Grey Market Premium (GMP) for Central Mine Planning & Design Institute IPO is ₹-12.00. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Central Mine Planning & Design Institute IPO is tentatively scheduled for TBA, and shares are expected to list on the stock exchanges on 29 March 2026.
The registrar details will be confirmed in the official prospectus.