Central Mine Planning & Design Institute IPO Review
Central Mine Planning & Design Institute Limited, a company that offers consultancy and support services for the entire spectrum of coal and mineral exploration, plans to raise ₹1,842 crore through an IPO.
[Fresh Issue NIL + OFS ₹1842 Cr]
Central mine planning & design institute ipo price is ₹163 – ₹172 per share.
Central Mine Planning & Design Institute: History
The Company was initially incorporated as Central Mine Planning & Design Institute Limited, a private limited company under the Companies Act, 1956, on November 1, 1975.
On May 9, 2025, the shareholders passed a special resolution converting the company into a public limited company.
A fresh certificate of incorporation was issued by the Registrar of Companies on May 20, 2025.
Central Mine Planning & Design Institute: Business
Central Mine Planning & Design Institute Limited (CMPDI) is a premier consultant in open-pit and underground mine planning and design in coal, lignite, and other minerals.
In India, it has a 61 percent market share in the coal and mineral consulting industry.
Key business verticals of the company include –
- Geological Exploration and Resource Evaluation,
- Mine Planning and Design Services,
- Environmental Planning and Monitoring Services,
- Geomatics, Remote Sensing, and Survey Services.
The Company is well-equipped with advanced infrastructure to support a wide range of activities, including one of the largest fleets of exploratory drills for coal and minerals in India.
According to the CRISIL Report, CMPDI is the largest coal & mineral consultancy firm in India (in terms of market share) for FY 2025 and is the preferred consultant for Coal India Limited.
Coal India Limited, the parent company of CMPDI, is the largest coal-producing company in the world and producing over 781 million metric tonnes of coal in FY 2025.
Regional Institutes
As of December 31, 2025, CMPDI operates seven regional institutes located in key coal-producing states in the country, including Chhattisgarh, Madhya Pradesh, Odisha, and West Bengal.
Laboratories Network
As of December 31, 2025, the company ran a network of eight state-of-the-art laboratories spread over different coalfields in the country.
These laboratories are staffed by a dedicated team with technical experience in coal testing.
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Strategies Ahead
- Strategic diversification in other minerals.
- Continue to upgrade infrastructure to maintain operational excellence.
- Focus on the development of the “clean energy initiatives”.
- Diversify client base.
- Expand international operations by leveraging experience in exploration and planning.
Company Promoters
- President of India,
- Government of India,
- Coal India Limited.
Read Central Mine Planning & Design Institute Limited drhp for more details.
IPO Details
IPO date: 20 – 24 March 2026
Minimum Amount: ₹13,760
Minimum Bid: 80 Shares
Face Value: ₹2
Listing On: NSE, BSE
Financial
Book Running Lead Managers
IDBI Capital Markets & Securities
SBI Capital Markets
CONCLUSION
Considering the nature of the business, financial performance, and the above-listed factors in mind, FinBlab recommends ‘SUBSCRIBE‘ ratings (keeping a long-term view in mind) on the #Central Mine Planning and Design Institute IPO.
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