Central Mine Planning and Design Institute IPO
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Central Mine Planning and Design Institute IPO details
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.