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Central Mine Planning (CMPDI)
๐
Founded: 1963
๐ Ranchi, Jharkhand
๐ฅ 4,200+ employees
๐ cmpdi.co.in
๐ Face Value: โน10
๐ฆ Market Cap: โน10,750 Cr
Price Band
โน163 โ โน172
Issue Size
โน1,842 Cr
Lot Size
80 shares
Min. Investment
โน13,760
GMP
+โน0 (+1.2%)
Est. Return
+1.2%
Listing Date
30 Mar 2026
Registrar
KFin Technologies
IPO Signal Analysis
๐ Based on Grey Market Premium (GMP) & Subscription Data โ not financial advice
GMP Signal
Moderate Interest
GMP: +1.2% above issue price
โญ Overall Signal
Moderate Interest
GMP + Subscription combined
Not financial advice
Not financial advice
Subscription Signal
Moderate Interest
0.79x subscribed
Issue Details
Fresh Issueโ
Offer for Sale (OFS)โน1,842 Cr
Total Issue Sizeโน1,842 Cr
Face Valueโน10
Market Cap (at issue)โน10,750 Cr
Listing ExchangeBSE, NSE
๐
Open Date20 Mar 2026
๐ Close Date24 Mar 2026
โ๏ธ Cut-off Price Date24 Mar 2026
๐๏ธ Allotment Date25 Mar 2026
๐ธ Refund Initiation26 Mar 2026
๐ Demat Credit26 Mar 2026
๐ Listing Date30 Mar 2026
Objects of the Issue
- ๐ฐ Pure OFS by Government of India (Coal India Limited)
- ๐ฐ Proceeds go to disinvestment fund โ company receives nothing
About the Company
Central Mine Planning and Design Institute (CMPDI) is a Government of India PSU and a wholly-owned subsidiary of Coal India Limited. CMPDI provides expert mining consultancy, geological surveys, mine planning, and environmental services for coal and non-coal mines across India and abroad. The company has 60+ years of experience in India's mining sector.
Strengths
- โ Government of India PSU โ backed by Coal India Limited
- โ Monopoly on coal mine planning consultancy in India
- โ 60+ years of mining expertise โ extensive proprietary geological database
- โ Dividend-paying entity with strong cash flows
Risk Factors
- โ ๏ธ Revenue tied to Coal India's capex budget and mining activity
- โ ๏ธ Energy transition risk: coal demand may decline long-term
- โ ๏ธ Limited private sector business (gov. dependency)
- โ ๏ธ PSU governance and bureaucratic decision-making
Subscription Status
0.79x Overall
QIB: 1.4x
NII: 0.6x
RII: 0.3x
GMP Trend
Day-wise Subscription
| Day | QIB | NII | RII | Overall |
|---|---|---|---|---|
| Day 1 | 0.40x | 0.18x | 0.10x | 0.24x |
| Day 2 | 0.82x | 0.38x | 0.22x | 0.48x |
| Day 3 | 1.42x | 0.62x | 0.35x | 0.79x |
Share Reservation
QIB
50%
NII
15%
RII
35%
Allocation as per SEBI regulations for Mainboard IPO
Anchor Investors
LIC MFSBI MFHDFC AMCUTI MFNippon India MFGIC Singapore
Promoter Holding
100%
Pre-IPO
โ -9.5%
90.5%
Post-IPO
Company Gallery
Central
CMPDI geological survey team
Central
Mine planning and design office
Central
Coal India mining operations
Founders & Leadership
BM
Dr. B. P. Mishra
Chairman & Managing Director
๐ Ph.D, Mining Engineering, IIT (ISM) Dhanbad
Heads CMPDI; career spanning 30+ years in mining consultancy and geological surveys
CI
Govt. of India / Coal India
Promoter (100% Govt.)
๐ PSU โ Ministry of Coal
CMPDI is 100% owned by Coal India Limited, which is itself a Government of India enterprise
IPO Timeline
โ
Open Date
20 Mar 2026
โ
Close Date
24 Mar 2026
โ
Allotment Date
25 Mar 2026
โ
Listing Date
30 Mar 2026
Key Financials
Revenueโน3,120 Cr
PATโน610 Cr
EPSโน9.8
P/E Ratio17.6x
ROE28.4%
Market Capโน10,750 Cr
Company Financials (Restated Consolidated)
| Period Ended | 9M FY26 | FY25 | FY24 | FY23 |
|---|---|---|---|---|
| Assets | 4800.00 | 5200.00 | 4600.00 | 4100.00 |
| Total Income | 2340.00 | 3120.00 | 2800.00 | 2450.00 |
| Profit After Tax | 458.00 | 610.00 | 548.00 | 490.00 |
| EBITDA | 720.00 | 960.00 | 860.00 | 780.00 |
| Net Worth | 2160.00 | 2140.00 | 1880.00 | 1640.00 |
| Reserves & Surplus | 1960.00 | 1940.00 | 1680.00 | 1440.00 |
| Total Borrowing | 0.00 | 0.00 | 0.00 | 0.00 |
Amount in โน Crore
Key Performance Indicators (KPI)
| KPI | 9M FY26 | FY25 |
|---|---|---|
| ROE (%) | 21.20 | 28.50 |
| EBITDA Margin (%) | 30.77 | 30.77 |
| Debt / Equity | 0.00 | 0.00 |
| Net Worth (Rs. Cr) | 2160.00 | 2140.00 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS | โน9.8 | โ |
| P/E (x) | 17.6x | โ |
| ROE (%) | 28.4% | โ |
| Promoter Holding | 100% | 90.5% |
| Market Cap | โน10,750 Cr | |
IPO Registrar
IPO FAQs
Central Mine Planning (CMPDI) IPO is a mainboard IPO with an issue size of โน1,842 Cr at a price band of โน163 โ โน172. Minimum lot size is 80 shares (minimum investment ~โน13,760). Opens on 20 Mar 2026 and closes on 24 Mar 2026. Proposed listing on BSE, NSE. Registrar: KFin Technologies.