Central Mine Planning and Design Institute Limited is coming out with a book-built mainboard IPO comprising an offer for sale of 10.71 crore equity shares with a face value of ₹2 per share.
The public issue will remain open for subscription from 20 March 2026 to 24 March 2026. The allotment is likely to be finalised on 25 March 2026, and the company’s shares are expected to make their market debut on the BSE and NSE on 30 March 2026.
Central Mine Planning & Design Institute IPO Details
A quick look at the table below highlights the main IPO details.
| Particulars | Details |
| IPO Opens | 20 March 2026 |
| IPO Closes | 24 March 2026 |
| IPO Lot Size | – |
| Face value | ₹2 per equity share |
| Price Band | – |
| Issue Price | – |
| Offer for Sale (OFS) | 10.71 crore equity shares |
| Fresh Issue | Nil |
| Issue Type | Book-built mainboard IPO |
| Listing at | BSE and NSE |
| Total Issue | – |
| Minimum Investment | – |
Timeline of the Central Mine Planning & Design Institute IPO
The timeline below shows the main dates from bidding to listing:
| Particular | Date / time |
| Bidding opens | 20 March 2026 |
| Bidding closes | 24 March 2026 |
| Basis of allotment | 25 March 2026 |
| Refunds begin (if applicable) | 27 March 2026 |
| Shares credited to the demat | 27 March 2026 |
| Listing on NSE Emerge | 30 March 2026 |
| UPI mandate approval deadline | 5:00 PM on 24 March 2026 |
Central Mine Planning & Design Institute Key Performance Indicator
Below is a snapshot of the company’s important financial ratios:
| KPIs | FY 2023 | FY 2024 | FY 2025 |
| ROE (%) | 26.8 | 35.8 | 36.7 |
| ROCE(%) | 29.61 | 43.93 | 40.36 |
| RoNW (%) | 26.8 | 35.8 | 36.7 |
| PAT Margin (%) | 21.40 | 29.04 | 31.72 |
| EBITDA margin(%) | 28.3 | 43.2 | 42.1 |
Central Mine Planning & Design Institute Financials
The table below presents a short overview of the company’s financial performance.
| Particulars (₹ crore) | 2023 | 2024 | 2025 |
| Revenue from operations | 1,386.09 | 1,732.69 | 2,102.76 |
| Total Asset | 1,919.53 | 2,171.37 | 2,682.80 |
| Profit | 296.66 | 503.23 | 666.91 |
Central Mine Planning & Design Institute IPO Subscription Status
Subscription data not released yet.
The subscription figures will be updated once the bidding window officially opens.
You can apply within 10:00 AM and 5:00 PM on every issue day.
Central Mine Planning & Design Institute IPO Grey Market Premium (GMP Today)
The Central Mine Planning and Design Institute IPO GMP today is around ₹0, which points to muted grey market interest at this stage. Since the price band has not been announced yet, the estimated listing price and implied listing gain cannot be calculated reliably for now.
| GMP Date | GMP | Estimated Listing Price | Estimated Profit* | Last Updated |
|---|---|---|---|---|
| 17-03-2026 | ₹22  | ₹194 (12.79%) | ₹1760 | 17-Mar-2026 13:45 |
| 16-03-2026 | ₹22  | ₹194 (12.79%) | ₹1760 | 16-Mar-2026 24:36 |
| 15-03-2026 | ₹19 | ₹19 (0.00%) | ₹0 | 15-Mar-2026 24:56 |
| 14-03-2026 | ₹19  | ₹19 (0.00%) | ₹0 | 14-Mar-2026 24:36 |
| 13-03-2026 | ₹24 | ₹24 (0.00%) | ₹0 | 13-Mar-2026 24:39 |
Note: GMP values come from the unofficial market and can change quickly based on demand, subscription trends, and overall sentiment. They are not an exchange-backed indicator, so they should not be used in isolation.
Central Mine Planning & Design Institute IPO Reservation
Shares are allocated across investor categories as follows:
| Category | Shares offered |
| Market Maker shares offered | Nil |
| QIB shares offered (total) | 5,35,50,000 |
| NII (HNI) shares offered | 1,60,65,000 |
| Retail shares offered | 3,74,85,000 |
| Total shares offered | 10,71,00,000 |
Anchor Investors in the Central Mine Planning & Design Institute IPO
The table below summarises the anchor allocation for this issue-
| Particulars | Details |
| Anchor Bidding Date | 18 March 2026 |
| Shares Offered | Yet to be announced |
| Portion Size | Yet to be announced |
| 30 Days Lock-in for 50% shares | 21 April 2026 |
| 90 Days Lock-in for remaining shares | 22 June 2026 |
Central Mine Planning & Design Institute IPO Prospectus
For a deeper analysis, check the offer documents listed below:
About Central Mine Planning and Design Institute
Central Mine Planning and Design Institute Limited, known as CMPDI, was set up in 1975. It functions as a wholly owned arm of Coal India Limited under the Ministry of Coal. The organisation is led by Shri Chaudhari Shivraj Singh, its Chairman-cum-Managing Director.
The company offers technical and consultancy support to the mining sector. Its areas of work include mineral exploration, mine planning, mine design, coal beneficiation and utilisation, environmental engineering, ICT services, laboratory work, and allied mining consultancy. CMPDI plays an important role in supporting coal, lignite, and other mineral projects.
| Particular | Name |
| Book running lead manager | IDBI Capital Markets & Securities Limited and SBI Capital Markets Limited |
| Registrar of the issue | KFin Technologies Limited |
Objectives of the Central Mine Planning & Design Institute IPO
Since the CMPDI IPO is entirely an offer for sale, the company will not receive any proceeds from the issue. In effect, there is no fresh capital raise for CMPDI under this offer.
Strength Of Central Mine Planning & Design Institute
- Strong parentage: CMPDI is a wholly owned subsidiary of Coal India Limited, which gives it institutional backing and a steady strategic role in the mining ecosystem.
- Established presence in a specialised segment: CMPDI states that it held the leading position in India’s coal and mineral consultancy space in FY2025 and served as the consultant of choice for Coal India.
- Broad range of offerings: The company’s services cover multiple stages of the mining process, including exploration, resource assessment, mine planning, design, and support linked to closure activities.
- Established technical track record: CMPDI says it has completed over 1,000 coal exploration projects and helped prove more than 95 billion tonnes of coal reserves.
Risk of Central Mine Planning & Design Institute
- Coal-sector dependence: CMPDI’s core business is tied to exploration, mine planning, mining support, and environmental services for the coal and mineral sector. That means any slowdown in mining activity or project spending can weigh on growth.
- Exposure to a concentrated group relationship: Since CMPDI is fully owned by Coal India Limited and works closely within that group, its business has meaningful dependence on the Coal India ecosystem.
- Regulatory and clearance risk: This business operates in a tightly regulated space. Since its work is linked to mining, land, air, water, and environmental compliance, delays in approvals or policy changes can affect execution. This is an inference based on CMPDI’s service profile.
Central Mine Planning & Design Institute IPO Review
The CMPDI IPO looks like a fundamentally steady public issue at first glance. The company is a debt-free, profitable mining consultancy backed by Coal India, and its revenue rose from ₹1,386.1 crore in FY2023 to ₹2,102.8 crore in FY2025.
Still, a measured view makes sense. The issue is a pure offer for sale, so the company itself will not receive fresh funds, and the business remains closely tied to Coal India and mining ecosystem.
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Central Mine Planning & Design Institute IPO FAQs
It is a mainboard public issue through which investors can buy shares of CMPDI, a Coal India subsidiary. The offer is entirely an offer for sale of 10.71 crore shares, with the issue open from 20 to 24 March 2026.
You can place your bid through your broker app or through your bank’s ASBA facility when the issue opens from 20 March to 24 March 2026. Keep your demat account, bank account, and UPI ID ready before you apply.
CMPDI has reported steady growth, remains debt-free, and is backed by Coal India, but the issue is a pure offer for sale, so a firmer view on attractiveness will depend on valuation.
A clear estimate is difficult right now. The price band is still awaited as of 13 March 2026. The unofficial GMP is around ₹18 (13-Mar-2026 16:36 ). Any likely listing gain remains uncertain at this stage.
Bidding is scheduled to begin on 20 March 2026. The subscription window is set to remain open until 24 March 2026.
As of 13 March 2026, the lot size for the Central Mine Planning & Design Institute IPO has not been announced yet.
The tentative allotment date for the Central Mine Planning & Design Institute IPO is 25 March 2026.
The tentative listing date for the Central Mine Planning & Design Institute IPO is 30 March 2026. The shares are expected to list on both the BSE and NSE.
