Central Mine Planning and Design Institute IPO

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Central Mine Planning and Design Institute IPO details

20th – 24th Mar 2026
30 Mar 2026
₹163 – ₹172
Lot size 80 — ₹13760
1842cr

Schedule of Central Mine Planning and Design Institute

Issue open date 20 Mar 2026
Issue close date 24 Mar 2026
UPI mandate deadline 24 Mar 2026 (5 PM)
Allotment finalization 25 Mar 2026
Refund initiation 27 Mar 2026
Share credit 27 Mar 2026
Listing date 30 Mar 2026
Mandate end date 09 Apr 2026
Lock-in end date for anchor investors (50%) 24 Apr 2026
Lock-in end date for anchor investors (remaining) 23 Jun 2026

Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.

About Central Mine Planning and Design Institute

Central Mine Planning & Design Institute Limited (CMPDIL) is a mining consultancy and engineering services company and a subsidiary of Coal India Limited. The company provides technical and consultancy services across the lifecycle of mining projects, particularly in the coal and mineral sectors. Its core business activities include geological exploration and resource evaluation, mine planning and design, environmental management services, and geomatics and survey services. Through these services, CMPDIL supports activities such as mineral exploration, preparation of feasibility and project reports, mine design, environmental impact assessments, and survey and mapping for mining projects. The company generates revenue primarily from consultancy assignments and technical services provided to mining and related organisations. CMPDIL operates through its headquarters in Ranchi and a network of regional institutes and laboratories equipped with survey, testing, and analytical infrastructure to support exploration, engineering, and environmental services for mining projects.


Financials of Central Mine Planning and Design Institute


Issue size

Funds Raised in the IPO Amount
Total issue size 1842.12
Offer for sale – Proceeds go to the existing investors 1842.12

Strengths

  • CMPDIL provides end-to-end mining consultancy services covering exploration, mine planning, environmental management, and geomatics.
  • The company holds about 61% share of India’s coal and mineral consultancy market.
  • Strong relationship with Coal India and the Ministry of Coal, supporting long-term project opportunities.
  • Possesses advanced exploration infrastructure and one of the largest exploratory drilling fleets in India.
  • Revenue and profitability have grown significantly between FY2023 and FY2025, reflecting increased project activity.

Risks

  • A large portion of revenue comes from Coal India and a small group of customers, creating customer concentration risk.
  • Business is highly dependent on the coal sector, which may be affected by energy transition policies.
  • Operations are influenced by government policies and regulatory frameworks in mining and environmental approvals.
  • Restrictions on exploration in forest areas and law-and-order issues can delay projects and affect revenue.
  • Increasing competition may arise from domestic and international consultancy firms as the mining sector opens to private participation.

Allotment Status for Central Mine Planning and Design Institute

To check your IPO allotment status:

  • Visit the Kfin Technologies IPO Application Status page.
  • Select the company name from the dropdown menu.
  • Select and enter one of the following: PAN, Application Number, DP/Client ID, or Account Number/IFSC.
  • Click Submit to view your allotment status.

Subscription Figures for Central Mine Planning and Design Institute

As per media reports (Link), the Grey Market Premium (GMP) of Central Mine Planning and Design Institute is reported at ₹1 over the IPO price. This metric is unreliable; to track IPO interest, it is better to check subscription numbers published by exchanges, which are considered more reliable indicators.

Subscription numbers as of 05:00 PM on March 24, 2026:

Category Reserved (lakhs) Applied (lakhs) Subscription (X times)
Institutional 182.07 634.06 3.48x
NII 136.55 47.65 0.35x
Retail 318.62 105.85 0.33x
Employee 53.55 11.27 0.21x
Shareholder 107.10 38.10 0.36x
Total 797.90 836.93 1.05x