Central Mine Planning & Design Institute Limited
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Central Mine Planning & Design Institute Limited's successfully completed its Initial Public Offering and commenced trading on Mar 30, 2026 at the NSE, BSE exchange. The company raised 10,71,00,000 Shares through this public offering, comprising TBD in fresh capital and ₹1842.12 Cr through the Offer for Sale mechanism.
The IPO was priced within the band of ₹163 to ₹172, with minimum application lots of 80 shares. The offering attracted significant investor interest during its subscription period from Mar 20, 2026 to Mar 24, 2026.
Share allotment was finalized on Mar 25, 2026, distributing equity to successful applicants. The stock's subsequent listing marked a significant milestone in the company's corporate history, providing public market liquidity to shareholders.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Incorporated in 1974, Central Mine Planning & Design Institute Limited (CMPDI) is a subsidiary of Coal India Limited and serves as a key technical and consultancy organization for India’s coal sector. Headquartered in Ranchi, Jharkhand, CMPDI is a Schedule-B Public Sector Undertaking and was granted Mini Ratna Category I status in June 2019. The company provides comprehensive consultancy services including mineral exploration, mine planning, infrastructure design, environmental management, and system implementation mainly for coal and mineral industries. It also functions as a nodal agency for research and development and strategic initiatives for the Ministry of Coal, supporting policy coordination and sector development. CMPDI operates through seven regional institutes along with several exploration camps and field units across India, enabling nationwide project execution, and holds ISO 9001, ISO 27001, and ISO 37001 certifications reflecting strong standards in quality management, information security, and anti-bribery practices.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Comprehensive Consultancy Capabilities: Provides multidisciplinary services across exploration, mine planning, environmental management, and infrastructure design, making it a full-spectrum mining consultancy partner.
- Strategic Government Relationships: Acts as a key consulting partner for Coal India Limited and the Ministry of Coal, ensuring strong project visibility and policy alignment.
- Strong Mineral Exploration Expertise: Decades of experience in exploration and resource assessment strengthen its position as a technical leader in mining consultancy.
- High Client Concentration Risk: A significant portion of revenue is derived from a few major clients, making the company vulnerable to reduced projects or loss of key customers.
- Dependence on Coal India Limited: A large share of revenue comes from Coal India Limited and its subsidiaries, exposing the business to demand fluctuations from a single group.
- Limited Vendor Dependency: Exploration projects rely on a small group of vendors for drilling and geophysical services, and any disruption may impact project execution and timelines.
- President of India, acting through the Ministry of Coal, Government of India
- Coal India Limited
Central Mine Planning & Design Institute Limited
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