[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

1. President of India,
2. Government of India,
3. 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.

Disclaimer: The contents and data presented here are just for your information & personal use only. While much time and effort is made to provide the information, I (Vishal Dalwadi) or “FinBlab” do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

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