Central Mine Planning & Design Institute IPO

IPO Details
Bidding Date Mar 20, 2026	IPO Price Range ₹163 to ₹172 per share	IPO Size ₹1842 Cr
Listing Exchange BSE, NSE	Listing Date Mar 30, 2026	Lot Size 80 Shares

Minimum Investment
₹13760/80shares

IPO Timeline

Open DateMar 20, 2026

Close DateMar 24, 2026

Allotment FinalisationMar 25, 2026

Demat TransferMar 27, 2026

Refund InitiationMar 27, 2026

ListingMar 30, 2026

About Central Mine Planning & Design Institute IPO

Incorporated in 1975 and headquartered in Ranchi, Central Mine Planning & Design Institute Limited (CMPDI) is India’s largest coal and mineral consultancy, with a dominant 61% market share (FY25). As a certified Mini Ratna and a wholly-owned subsidiary of Maharatna Coal India Limited, CMPDI provides end-to-end technical and engineering services across the entire mining lifecycle. Its comprehensive portfolio spans geological exploration, Coal Bed Methane (CBM) consultancy, complex mine planning, geomatics, and environmental management. Strategically, CMPDI acts as the nodal agency for the Ministry of Coal, overseeing critical R&D projects and maintaining national coal databases. Backed by a robust infrastructure of seven regional institutes and state-of-the-art analytical laboratories, CMPDI ensures superior execution capabilities. Furthermore, through its National Centre for Coal and Energy Research (NaCCER), the company actively drives innovation in clean coal technologies, and playing an important role in India's sustainable energy future.

Central Mine Planning & Design Institute IPO Subscription Status

Date	QIB	NII	Retail	Total
TBA	0	0	0	0
TBA	0	0	0	0

Central Mine Planning & Design Institute IPO Financial Status

Particulars (in Rs. Crores)	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

Central Mine Planning & Design Institute IPO SWOT Analysis

Strengths

Comprehensive Service Portfolio: CMPDI offers consultancy and support services across coal and mineral exploration, mine planning, infrastructure engineering, and environmental management.
Market Leadership: CMPDI is one of the largest coal and mineral consultancy companies in India, with a 61.0% market share in Fiscal 2025.
Strategic Nodal Agency: The company serves as the preferred consultant for Coal India Limited and acts as the nodal agency for the Ministry of Coal for R&D projects and national databases.
End-to-End Lifecycle Support: Its services cover the entire lifecycle of mining operations, from initial exploration to mine closure.
Robust Infrastructure Network: CMPDI is supported by seven regional institutes, specialized laboratories, and the National Centre for Coal and Energy Research (NaCCER).

Weaknesses

Dependence on Coal India Limited: A significant portion of revenue (67.1% in Fiscal 2025) is derived from its parent company and subsidiaries.
Client Concentration: Around 95% of the company’s revenue in Fiscal 2025 comes from its top 10 clients, indicating high dependency.
Reliance on Government Entities: Government-related transactions contributed 97.8% of total revenue, exposing the company to regulatory risks and payment delays.
Assignment Procurement Method: Heavy reliance on nomination-based assignments and single tenders increases vulnerability to policy changes.
Energy Transition Risk: Shift towards renewable energy may reduce long-term demand for coal-related consultancy services.