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Coal India arm CMPDI to launch IPO on March 20. All it’s essential know

by Vegas Valley News
March 13, 2026
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Coal India arm CMPDI to launch IPO on March 20. All it’s essential know
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Central Mine Planning and Design Institute Ltd (CMPDI), a consultancy arm of Coal India, will open its IPO for subscription on March 20, with the general public concern set to shut on March 24. The IPO contains a suggestion on the market of 10.71 crore shares, with the federal government and Coal India diluting a part of their stake within the firm.

As the difficulty is solely an OFS, CMPDI won’t obtain any proceeds from the supply, and the funds raised will go to the promoting shareholders. The corporate plans to record its shares on each the BSE and the NSE, with a tentative itemizing date of March 30.

CMPDI IPO worth band

The worth band, lot measurement and whole concern measurement in rupee phrases are but to be introduced. IDBI Capital Markets has been appointed because the book-running lead supervisor, whereas Kfin Applied sciences will act because the registrar to the difficulty.

CMPDI IPO construction

Beneath the proposed allocation construction, about 50% of the supply will probably be reserved for certified institutional consumers (QIBs), 35% will probably be allotted to retail buyers and a minimal of 15% to non-institutional buyers. The IPO will even have shareholder and worker reservation classes, with eligibility for the shareholder quota prolonged to buyers holding shares in Coal India.

About CMPDI

Integrated in 1974, CMPDI gives consultancy and technical companies throughout the complete worth chain of coal and mineral exploration, mine planning and mine design. The corporate helps mining initiatives by way of companies reminiscent of geological exploration, environmental planning, distant sensing, surveying and infrastructure engineering.

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Dwell Occasions


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CMPDI is without doubt one of the largest coal and mineral consultancy firms in India, commanding a 61% market share in FY25, and serves as the popular consulting companion to Coal India, the world’s largest coal producer.The corporate operates by way of a number of enterprise verticals, together with geological exploration and useful resource analysis, mine planning and design, environmental monitoring, and geomatics and distant sensing companies.

CMPDI has vital technical infrastructure to help these actions. As of March 2025, the corporate operated one of many largest fleets of exploratory drilling tools for coal and mineral exploration in India.

Its operations are supported by seven regional institutes positioned in key coal-producing states reminiscent of Madhya Pradesh, Chhattisgarh, Odisha and West Bengal, which assist execute initiatives and coordinate intently with mining operations on the bottom.

The corporate has additionally demonstrated capabilities in planning large-scale mining initiatives. It has designed open-cast mines with manufacturing capacities of as much as 85 million tonnes yearly and mining depths reaching 420 metres.

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As well as, CMPDI operates eight laboratories throughout main coalfields that specialize in coal testing and high quality evaluation. The corporate additionally participates in mineral exploration initiatives supported by the Nationwide Mineral Exploration Belief (NMET). As of December 2025, it had submitted 11 exploration proposals for minerals reminiscent of bauxite, copper, magnetite and zinc, of which six initiatives have been authorised and 4 accomplished.

Financials

Financially, CMPDI has delivered constant progress in recent times. The corporate reported income of Rs 2,177 crore in FY25, up from Rs 1,770 crore in FY24. Revenue after tax rose to Rs 667 crore in FY25, in contrast with Rs 503 crore a yr earlier.

For the 9 months ended December 2025, the corporate posted income of Rs 1,544 crore and revenue after tax of Rs 425 crore.

The federal government presently holds CMPDI by way of the President of India performing through the Ministry of Coal and Coal India, which collectively personal 100% of the corporate previous to the IPO.

(Disclaimer: Suggestions, recommendations, views and opinions given by the specialists are their very own. These don’t symbolize the views of Financial Instances)

Tags: ArmCMPDICoalIndiaIPOLaunchMarch
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