About Central Mine Planning & Design Institute Limited IPO
Central Mine Planning Ltd is set to launch its IPO for public subscription on March 20, 2026, and will remain open until March 24, 2026.
The price of the Central Mine Planning IPO is set at ₹163 to ₹172 per equity share. However, the IPO allotment results will be public by March 25, 2026.
Central Mine Planning IPO will list on both the BSE and NSE exchanges on March 30, 2026.
Other Central Mine Planning IPO details include a ₹1,842.12 crore book-building issue comprising an entirely fresh issue of 10.71 crore shares for ₹1,842.12 crore.
Business Overview of Central Mine Planning & Design Institute Limited
Established in 1975, 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 end-to-end technical services to the mining sector, including geological exploration, mine planning and design, environmental consultancy, and survey services.
CMPDIL is one of the Largest Coal and Mineral Consultancy companies in India, holding around 61.0% market share in Fiscal 2025. The company also plays a strategic advisory role by assisting the Ministry of Coal in national-level decisions and initiatives related to the coal sector. In addition, it supports the Ministry of Petroleum and Natural Gas (MoP&NG) on matters related to coal bed methane (CBM).
CMPDIL also functions as a nodal agency on behalf of the Government of India for schemes funded by the Ministry of Coal, including science & technology projects and exploration initiatives, making it a key technical partner in India's mining ecosystem.
With decades of domain expertise and specialised research facilities, CMPDI plays an important role in resource evaluation, sustainable mining planning, and supporting India's energy security.
Central Mine Planning & Design Institute Limited IPO Date, Price, and Other Details
The following are the details of the upcoming IPO of the Central Mine Planning & Design Institute (CMPDI) IPO.
| Particulars | Details |
| IPO Size | Book Build issue of ₹1,842.12 crore |
| Offer Type | Entire Offer for Sale (OFS) of ₹1,842.12 crore |
| Total Number of Equity Shares | 10,71,00,000 shares (estimated) |
| Market Cap | ₹12,280.80 Cr (pre-issue) |
| Price Band | ₹163 to ₹172 per share |
| Issue Dates | Opens: Mar 20, 2026 Closes: Mar 24, 2026 |
| Minimum Bid Lot | 1 lot of 80 shares |
| Allotment Date | Mar 25, 2026 |
| Listing Date | Mar 30, 2026 |
| Face Value | ₹2 per share |
| Use of Proceeds (est amounts) | Nil (check "IPO objectives section below) |
| Lead Managers (BRLMs) |
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| Registrar | Kfin Technologies Ltd. |
| Listing Exchanges | National Stock Exchange of India (NSE) & Bombay Stock Exchange (BSE) |
Central Mine Planning & Design Institute Limited IPO Reservation: Who Can Apply?
To be eligible for the Shareholder Quota of the CMPDI IPO, you must hold shares in one of the following companies:
- Coal India Limited
| Investor Category | (%) of Shares Offered |
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII Shares Offered | Not less than 15% of the Offer |
Strengths And Risks of Central Mine Planning & Design Institute Limited IPO
With every business owning its strengths and risks, even the Central Mine Planning IPO has its potential plus points and downsides to be aware of.
Here is a brief business analysis (as per RHP) below:
| Strengths | Risks |
| Leading mining consultancy for 50 years, providing exploration, mine planning, and engineering services to the coal and mineral sector. | Significant revenue dependence on Coal India Limited (~66%) and its subsidiaries (Bharat Coking Coal, Western Coalfields, etc). |
| Strong government backing with long-standing relationships in India's mining ecosystem (like Coal India Ltd). | High reliance on government clients for funding of Drilling and Exploration activities, which may lead to policy or payment risks. |
| Wide operational network through the central belt of India, covering states like Maharashtra, Madhya Pradesh, Jharkhand, and West Bengal. | Demand is closely linked to the mining and coal sector cycle. |
| Established technical expertise in geological exploration, environmental services, and mine design. | Energy transition away from coal could impact long-term demand. |
| Debt-free balance sheet with consistent profitability. | Adequate insurance coverage is not maintained as per industry standards. |
| Nationwide presence through multiple regional institutes and field units. |
Future Plans/Strategies:
- Diversification Beyond Coal: Expanding consultancy services into non-coal and critical minerals such as lithium, rare earth elements, and base metals.
Sustainable Mining Solutions: As the industry sees Coal as a polluting material, the CMPDIL plans to increase research and find cleaner, alternative solutions for coal.
Also, increasing focus on environmental studies, mine planning, and sustainable mining practices is in the pipeline.
- Global Consultancy Expansion: Exploring international mining consultancy opportunities in emerging mineral markets.
- Underground Coal Gasification (UCG): Working on UCG technologies that convert coal into synthetic gas underground, enabling the utilisation of deep or unmineable coal reserves.
- Coal Bed Methane (CBM): Supporting projects related to coal bed methane extraction, which enables natural gas recovery from coal seams as an additional energy source.
- Evolving Renewable Energy Market: Studying opportunities linked to the growing renewable energy ecosystem, including energy transition-related research and advisory.
- Advanced Research Capabilities: Strengthening laboratory infrastructure and geological research for mineral exploration and analysis.
- Supporting Critical Mineral Strategy: Aligning with India's focus on strategic and critical mineral exploration to support energy security.
Central Mine Planning & Design Institute Limited IPO Objectives – How Will the Funds Be Used?
The Company won't receive any IPO proceeds; instead, the Promoter Selling Shareholder will receive them after deduction of Offer-related expenses.
How To Check the IPO Allotment Status of Central Mine Planning?
Here's how you can check your IPO allotment status for the Central Mine Planning IPO:
- Visit the IPO allotment portal: https://ipostatus.kfintech.com/
- Select "Central Mine Planning & Design Institute Limited" from the company dropdown.
- Enter any of these details - PAN, Application Number, DP/Client ID, or Account Number/IFSC.
- Click on "Submit" button to view your IPO allotment status.
Promoter Shareholding of Central Mine Planning & Design Institute Limited IPO
| Promoter | Shareholding (Pre-Issue) | Total Shares |
| Coal India Limited | 100% | 714,000,000 shares ** |
(** - Includes 3,000 Equity Shares held by P.M. Prasad, Manoj Kumar, Mukesh Agrawal, Shankar Nagachari, Ajay Kumar, and Sudip Dasgupta, jointly with Coal India Limited as nominee shareholders.)
Financial Performance (₹ in crores) of Central Mine Planning & Design Institute Limited IPO
Here's the table outlining the financial performance of Central Mine Planning & Design Institute from FY 2023 to FY 2025, and as of Dec 31, 2025.
(in crores)
| Period Ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 2,911.12 | 2,682.80 | 2,171.37 | 1,919.53 |
| Total Income | 1,543.93 | 2,177.53 | 1,770.18 | 1,398.78 |
| Profit After Tax | 425.36 | 666.91 | 503.23 | 296.66 |
| EBITDA | 593.85 | 915.71 | 764.44 | 395.65 |
| NET Worth | 2,153.78 | 2,041.85 | 1,591.61 | 1,217.65 |
| Reserves and Surplus | 2,010.98 | 1,899.05 | 1,448.81 | 1,074.85 |
Key Performance Metrics of Central Mine Planning & Design Institute Limited
Based on the annualized returns for FY 2024-25 and quarterly results as of Dec 31, 2025, the following performance metrics of Central Mine Planning Ltd can be considered.
| KPI | As of Dec 31, 2025 | Values (as of FY 2024-25) |
| Return on Equity (ROE) | 20.3% | 36.7% |
| Net Asset Value (NAV) | 30.2 | 28.6 |
| Price/Earnings (P/E) Ratio | - | Not available |
| Earnings Per Share (EPS) | 6.0 | 9.3 |
| Return on Capital Employed (ROCE) | 24.1% | 40.4% |
| EBITDA Margin (%) | 38.5% | 42.1% |
| PAT Margin (%) | 27.6% | 30.6% |
| Debt to Equity Ratio |
(Note: The company has no borrowings as of December 31, 2025.)
Registrar Of Central Mine Planning & Design Institute Limited IPO
The Registrar of Central Mine Planning IPO is Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: centralmine.ipo@kfintech.com
Website link: https://ipostatus.kfintech.com/
Lead Manager Of Central Mine Planning & Design Institute Limited IPO
The lead managers handling the IPO process of Central Mine Planning & Design Institute Limited are "IDBI Capital Markets Services Ltd" and "SBI Capital Markets Ltd."
