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Central Mine Planning IPO Date, Price Band & Issue Details
The Central Mine Planning IPO is expected to be a mainboard public issue that will be listed on the BSE and NSE stock exchanges. The IPO will mainly consist of an offer for sale (OFS) where existing shareholders plan to sell part of their stake to the public.
Central Mine Planning & Design Institute Limited (CMPDI) is a subsidiary of Coal India Limited and provides consultancy and technical services related to coal and mineral exploration, mine planning, and environmental management.
The IPO is expected to give investors an opportunity to participate in one of India’s leading mining consultancy organizations.
Central Mine Planning IPO Key Details
| Details | Information |
|---|---|
| IPO Type | Book Built Issue |
| Face Value | ₹2 per equity share |
| Issue Type | Offer for Sale (OFS) |
| Listing Exchange | BSE & NSE |
| Promoter | Coal India Limited |
| Industry | Mining Consultancy & Engineering |
The issue mainly involves the sale of shares by existing shareholders rather than raising new capital for the company.
Central Mine Planning IPO Important Dates
| Event | Date |
|---|---|
| IPO Open Date | 20 March 2026 |
| IPO Close Date | 24 March 2026 |
| Allotment Date | To be announced |
| Refund Initiation | To be announced |
| Shares Credited to Demat | To be announced |
| Listing Date | To be announced |
The IPO subscription period will run for five days, and investors can apply through stockbrokers or online trading platforms during this period.
Central Mine Planning IPO Price Band & Issue Size
| Details | Information |
|---|---|
| Price Band | ₹163 – ₹172 per share |
| Shares Offered | Around 10.7 crore shares |
| Issue Size | Around ₹1,838 crore |
| Company Valuation | About $1.33 billion |
At the upper price band, the IPO aims to raise nearly ₹1,838 crore through the offer for sale.
About Central Mine Planning & Design Institute
Central Mine Planning & Design Institute (CMPDI) provides consultancy services, project planning, exploration, and environmental studies for coal and mineral projects. The company plays an important role in supporting India’s mining sector and works closely with Coal India and other mining companies.
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