Central Mine Planning & Design Institute IPO
Bookbuilding IPO | Listing at BSE, NSE
Closed
IPO Open
Fri, Mar 20, 2026
IPO Close
Tue, Mar 24, 2026
Price Band
₹163.00 to ₹172.00
Market Cap (Pre-IPO)
-
IPO Details
| IPO Date | Mar 20, 2026 to Mar 24, 2026 |
| Listing Date | Tentative: Mar 30, 2026 |
| Face Value | ₹2.00 per share |
| Price Band | ₹163.00 to ₹172.00 |
| Lot Size | 80 Shares (Minimum: ₹13,760.00) |
| Sale Type | Offer For Sale |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Issue Size | - |
| Total Shares Offered | 107,100,000 shares |
| Offer For Sale | 107,100,000 shares |
Central Mine Planning & Design Institute IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50.0% of the Offer |
| Retail Shares Offered | Not less than 35.0% of the Offer |
| NII Shares Offered | Not less than 15.0% of the Offer |
Central Mine Planning & Design Institute IPO Lot Size
Investors can bid for a minimum of 80 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 80 | ₹13,760 |
| Retail (Max) | 14 | 1,120 | ₹192,640 |
| S-HNI (Min) | 15 | 1,200 | ₹206,400 |
| S-HNI (Max) | 72 | 5,760 | ₹990,720 |
| B-HNI (Min) | 73 | 5,840 | ₹1,004,480 |
Central Mine Planning & Design Institute Financial Information (Restated Consolidated)
| Period Ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 2,911.12 | 2,682.80 | 2,171.37 |
| Total Income | 1,543.93 | 2,177.53 | 1,770.18 |
| Profit After Tax | 425.36 | 666.91 | 503.23 |
| EBITDA | 593.85 | 915.71 | 764.44 |
| NET Worth | 2,153.78 | 2,041.85 | 1,591.61 |
| Reserves and Surplus | 2,010.98 | 1,899.05 | 1,448.81 |
| Total Borrowing | - | - | - |
Amount in ₹ Cr
Key Performance Indicators
As of Tuesday, March 31, 2026| KPI | Values |
|---|---|
| ROCE (Return on Capital Employed) | 48.60% |
| RoNW (Return on Net Worth) | 36.70% |
| PAT Margin (Profit After Tax Margin) | 30.60% |
| EBITDA Margin | 42.10% |
| Price to Book Value | 6.01 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 9.34 | 7.94 |
| P/E (x) | 18.41 | 21.65 |
| Promoter Holding | 100.00% | - |
Company Promoters
- President of India
- acting through the Ministry of Coal
- Government of India and Coal India Limited are the company promoters.
Company Overview
Central Mine Planning & Design Institute – Company Overview
- Incorporated in 1974, Central Mine Planning & Design Institute Limited (CMPDI) provides consultancy and technical services for coal and mineral exploration, mine planning, and mine design.
- The company also offers services such as infrastructure engineering, environmental management, and specialised technology solutions, mainly for the coal and mining industry. It holds around 61% market share in India’s coal and mineral consultancy sector (FY2025) and is a key consultant for Coal India Limited.
Business Verticals
- Geological Exploration & Resource Evaluation
- Mine Planning and Design Services
- Environmental Planning and Monitoring
- Geomatics, Remote Sensing & Survey Services
- As of March 31, 2025, the company operates one of the largest fleets of exploratory drilling equipment in India for coal and mineral exploration.
- As of December 31, 2025, CMPDI operates seven regional institutes in major coal-producing states including Madhya Pradesh, Chhattisgarh, Odisha, and West Bengal, along with eight laboratories for coal testing and analysis.
- The company has planned open-cast mines with production capacity up to 85 million tonnes and mining depths up to 420 meters, demonstrating its capability to handle large-scale mining projects.
- CMPDI also undertakes mineral exploration projects supported by the National Mineral Exploration Trust, including projects related to bauxite, copper, magnetite, and zinc minerals.
Company Strengths
- Multidisciplinary organization offering a comprehensive range of services.
- Key consulting partner to Coal India Limited and Ministry of Coal with a diverse client base.
- Extensive expertise in executing exploration projects.
- Advanced infrastructure supporting a spectrum of services.
- Operations driven by strong parentage of Coal India Limited
- Experienced management team supported by committed employee base
- Consistent track record of growth and financial performance
Use of Proceeds
| 1) | The company will not receive any proceeds from the Offer. |
Objectives
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
Central Mine Planning & Design Institute IPO Peer Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Central Mine Planning & Design Institute Limited | 9.30 | 9.30 | 28.60 | - | 36.70 | - | Consolidated |
| Engineers India Limited | 10.30 | 10.30 | 47.50 | 19.90 | 23.50 | 3.40 | Consolidated |
| Rites Limited | 8.00 | 8.00 | 57.20 | 25.20 | 15.50 | 3.91 | Consolidated |
Quick Info
| Sector | public |
| Exchange | BSE, NSE |
Important Dates
| IPO Open | Mar 20, 2026 |
| IPO Close | Mar 24, 2026 |
| Allotment Date | Mar 25, 2026 |
| Credit to Demat | Mar 27, 2026 |
| Listing Date | Tentative: Mar 30, 2026 |
Lead Manager(s)
IDBI Capital Markets Services Ltd.
Registrar
Kfin Technologies Ltd.
04067162222, 04079611000
Description
- IPO Type: Book build issue aggregating to ₹1,842.12 crores.
- Issue Structure: Entirely an offer for sale of 10.71 crore shares totaling ₹1,842.12 crores.
- IPO Dates: The issue opens on March 20, 2026 and closes on March 24, 2026.
- Allotment Date: Expected to be finalized on March 25, 2026.
- Listing Details: Shares are proposed to be listed on BSE Limited and National Stock Exchange of India with a tentative listing date of March 30, 2026.
- Retail Investment Requirement: Minimum 1 lot (80 shares) amounting to approximately ₹13,760 at the upper price band.
- sNII Investment Requirement: Minimum 15 lots (1,200 shares) amounting to approximately ₹2,06,400.
- bNII Investment Requirement: Minimum 73 lots (5,840 shares) totaling around ₹10,04,480.
- IPO Price Band: ₹163 to ₹172 per equity share.
- Lot Size: 80 shares per lot.
This IPO provides investors an opportunity to participate in a large public sector mining consultancy and planning company listing, subject to market risks.