Central Mine Planning & Design Institute IPO To Open on March 20, Files RHP With SEBI

13 March 2026
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Central Mine Planning & Design Institute Limited (CMPDI) is all set to open its Initial Public Offering (IPO) on March 20, 2026, with an offer size of 10.71 crore equity shares of face value of ₹2 each. The Company has filed its Red Herring Prospectus (RHP) with SEBI on March 12, 2026, to initiate the IPO process. Prior to this, CMPDI had filed its Draft Red Herring Prospectus (DRHP) on May 26, 2025.

Central Mine Planning & Design Institute Limited (CMPDI) is a government-owned mining consultancy and engineering services company headquartered in Ranchi, Jharkhand. It was established in 1975 and operates as a wholly-owned subsidiary of Coal India Limited (CIL) under the Ministry of Coal, Government of India.

Central Mine Planning & Design Institute IPO - Issue Details

  • Offer Size: The CMPDI IPO will be a book-building issue consisting entirely of an offer for sale (OFS) of 10.71 crore equity shares of face value of ₹2 each. 
  • IPO Open Date: Friday, March 20, 2026
  • IPO Close Date: Tuesday, March 24, 2026
  • Allotment Date: Wednesday, Mar 25, 2026
  • Listing Date: The equity shares are proposed to be listed on both the National Stock Exchange (NSE) and the BSE on March 30, 2026
  • Book-running Lead Managers: IDBI Capital Markets & Securities Limited and SBI Capital Markets Limited Registrar: KFin Technologies Limited

The company will determine the price band and minimum bid lot for the IPO in consultation with the book-running lead manager.

Explore other Upcoming IPOs on BSE and NSE.

Utilisation of IPO Proceeds

The Company will not receive any proceeds from the Offer (the “Offer Proceeds”), and all the Offer Proceeds will be received by the Promoter Selling Shareholder after deduction of Offer-related expenses and relevant taxes thereon, to be borne by the Promoter Selling Shareholder.

About Central Mine Planning & Design Institute Limited

Central Mine Planning & Design Institute Limited (CMPDI) is a government-owned mining consultancy and engineering services company headquartered in Ranchi, Jharkhand. Incorporated in 1975, it operates as a wholly owned subsidiary of Coal India Limited under the Ministry of Coal, Government of India. The company holds Mini Ratna (Category I) status and provides end-to-end services across the mining value chain, including coal and mineral exploration, resource estimation, mine planning and design, environmental management, and infrastructure and geospatial consultancy.

CMPDI primarily caters to Coal India Limited and its subsidiaries, while also serving other public- and private-sector clients. With its multidisciplinary technical expertise, the company plays a key role in supporting the development of India’s coal sector.

Financially, CMPDI has demonstrated strong growth in recent years. For the fiscal year ended March 31, 2025, the company reported revenue of around ₹2,100 crore and a profit after tax of approximately ₹667 crore.

Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.

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