Central Mine Planning & Design Institute Ltd IPO
🟡 Allotment PhaseIPOGenie Score — Central Mine Planning & Design Institute Ltd
Our 5-factor scoring model: Financial Quality (30) + Subscription (25) + GMP (20) + Business (15) + Risk (10). Total: 67/100 — Subscribe (Long Term).
Strong QIB demand (24.2×) + GMP ₹4 (+2.3%) → Bullish outlook. Score 67/100.
Live Subscription Status
(Updated 2× daily from BSE+NSE)GMP History — Central Mine Planning & Design Institute Ltd
| Date | GMP (₹) | GMP (%) | Est. Listing | Trend |
|---|---|---|---|---|
| 24 Mar | +₹4 | 2.33% | ₹176 | — |
| 23 Mar | +₹4 | 2.33% | ₹176 | — |
| 22 Mar | +₹4 | 2.33% | ₹176 | — |
| 21 Mar | +₹4 | 2.33% | ₹176 | |
| 20 Mar | +₹3 | 1.74% | ₹175 | |
| 19 Mar | +₹2 | 1.16% | ₹174 | |
| 18 Mar | +₹1 | 0.58% | ₹173 | — |
IPOGenie Review — Central Mine Planning & Design Institute Ltd
CMPDI provides consultancy across coal/mineral exploration, mine planning, infrastructure engineering, and environmental management. The company has 50+ years of operational history and is the preferred consultant for all Coal India subsidiaries. Key: 61% market share in coal consultancy | 2,000+ technical professionals | Debt-free | ROCE 22.1%
Verdict: Subscribe. Near-monopoly coal consultancy at just 9x PE with zero debt. Conservative investors get PSU safety + attractive valuation. Not a listing-pop trade but strong long-term compounder. Revenue assured via Coal India contracts.
Strengths
- 61% market share — dominant position with no credible competitor
- Debt-free balance sheet with strong cash generation
- Miniratna status provides operational autonomy
- High ROCE of 22.1%
Risks
- 85%+ revenue from Coal India — single client concentration
- ESG headwinds against coal sector
- Limited pricing power as government entity
Central Mine Planning & Design Institute Ltd IPO — Complete Details
| Open Date | 20 March 2026 |
| Close Date | 24 March 2026 |
| Allotment Date | 25 March 2026 |
| Listing Date | 28 March 2026 |
| Price Band | ₹163 – ₹172 per share |
| Face Value | ₹10 per share |
| Lot Size | 80 shares |
| Min. Investment (Retail) | ₹13,760 |
| Issue Size | ₹1842 Crores |
| Fresh Issue | ₹1842 Crores |
| Offer for Sale (OFS) | None |
| Listing Exchange | NSE, BSE |
| IPO Type | Mainboard IPO (NSE + BSE) |
| Issue Type | Book Built |
| Registrar | Link Intime India Pvt Ltd |
| Lead Manager(s) | IDBI Capital Markets Services Ltd, SBI Capital Markets Ltd |
| Anchor Allocation | ₹469.74 Crores |
| Promoter Holding (Pre-IPO) | 100% |
Central Mine Planning & Design Institute Ltd — Financial Snapshot
Use of IPO Proceeds
- 1Offer for Sale by Government of India — company receives no proceeds
- 2Achieve listing benefits and public profile enhancement
IPO Documents
⚠️ Always read the RHP before investing — it contains all material risk factors and financial disclosures.