CMPDI IPO price band Rs 163-172; key dates 2026

Price band announced for CMPDI IPO

Central Mine Planning & Design Institute Limited (CMPDI) has fixed the price band for its initial public offering at Rs 163 to Rs 172 per equity share. The shares have a face value of Rs 2 each. The offer is CMPDI’s maiden IPO, and it is structured as an offer for sale by promoter Coal India Limited. That means the selling shareholder is offering shares to the public, rather than CMPDI issuing fresh shares in this specific transaction. The announcement sets the basic terms that retail and institutional investors will use to decide bids during the subscription period.

IPO open and close dates

The IPO is scheduled to open for subscription on Friday, March 20, 2026. It will close on Tuesday, March 24, 2026. The timeline provides a standard multi-day window for investors to place bids through ASBA-enabled channels. The article also states that the IPO listing date is March 30, 2026. Investors typically track this date closely because it is when shares are expected to begin trading on the exchanges.

Anchor investor schedule

For institutional allocation, the Anchor Investor Bid and Offer Period is set one working day before the issue opens. The article specifies this date as Wednesday, March 18, 2026. Anchor participation is often watched as an indicator of early institutional demand, although final subscription levels are determined during the full book-building period. The anchor process is also part of the broader IPO timetable that leads into the opening day.

Minimum bid and lot size

CMPDI’s IPO allows bids for a minimum of 80 equity shares. Bidding can be done in multiples of 80 shares after the minimum. This lot size determines the smallest application size for investors, including retail applicants. Since the price band is set, the final application value depends on the cut-off price discovered at the end of book building within the Rs 163 to Rs 172 range.

Offer for sale details and share capital context

The IPO is described as an offer for sale of up to 107,100,000 equity shares by promoter Coal India Limited. The article also states that equity shares outstanding as on date are 714,000,000 equity shares of Rs 2 each. These two figures help readers frame the scale of the stake being offered relative to CMPDI’s existing equity base, without implying any fresh issuance. As an offer for sale, the proceeds typically go to the selling shareholder rather than the company, as per the structure described.

What CMPDI does

CMPDI is presented as a consultancy and support services provider for the coal and mining sector. The company’s work covers the spectrum of coal and mineral exploration along with mine planning and design. Its services span the lifecycle of mining operations, ranging from initial exploration to closure of mines. Beyond core mine planning, CMPDI’s capabilities also include infrastructure engineering, environmental management, geomatics, specialized technology services, and management systems. The article notes that these services are primarily for the coal industry, while also serving other minerals.

Positioning within Coal India and the coal ecosystem

The article states CMPDI is a wholly owned subsidiary of Coal India Limited and a Government of India enterprise. It also describes CMPDI as a key technical advisor to the Ministry of Coal and Coal India. The company is described as supporting the Ministry of Coal in national-level initiatives such as maintaining coal resource inventories, evaluating mining potential, and assisting in sectoral policy and planning. This positioning matters for investors assessing the nature of CMPDI’s client base and its linkages within the public sector coal ecosystem.

Market share and operating footprint

CMPDI is described as one of the largest coal and mineral consultancy firms in India, with a ~61% market share in India’s mining consultancy space. Another mention specifies a 61.0% market share in Fiscal 2025. The company is also described as the preferred consultant for Coal India Limited. Operationally, the article references delivery through seven regional institutes across India. It also lists the registered and corporate office address as Gondwana Place, Kanke Road, Ranchi, Jharkhand, India – 834008.

Prospectus filing and where documents are available

The article states CMPDI has filed a prospectus dated March 24, 2026 with the RoC. It also notes that the prospectus is available on SEBI’s website (www.sebi.gov.in) and on the websites of the book running lead managers: IDBI Capital Markets & Securities Limited (www.idbicapital.com) and SBI Capital Markets Limited (www.sbicaps.com). These references indicate where investors can access official disclosures and issue documents.

Key facts table

Market impact: what investors will track

From a market perspective, the most immediate reference points are the price band and the offer structure. The Rs 163 to Rs 172 band sets expectations for demand discovery during book building. The offer for sale of up to 107,100,000 shares indicates the transaction is centered on promoter stake sale rather than fundraising for CMPDI as described. Investors will also focus on operational positioning stated in the article, particularly CMPDI’s role as a technical advisor and its reported ~61% market share in mining consultancy. The specified timeline, including the March 18 anchor day and March 30 listing date, frames the near-term sequence of events around subscription and trading.

Why the CMPDI IPO matters in context

CMPDI is positioned as a specialist services company supporting exploration, mine planning, environmental management, and related disciplines across the mining lifecycle. In sectors like coal and minerals, project evaluation, mine design, and regulatory-aligned environmental work can materially influence the pace and quality of execution. The article’s description of CMPDI’s strategic advisory role for the Government of India and support to the Ministry of Coal links the company closely to policy and planning processes. The listing on the main board of BSE and NSE, as referenced in the prospectus note, will be a key event for investors tracking PSU-related listings and technical services businesses linked to the mining value chain.

Conclusion

CMPDI has set an IPO price band of Rs 163 to Rs 172, with bidding scheduled from March 20 to March 24, 2026 and an anchor window on March 18. The issue is an offer for sale of up to 107,100,000 shares by Coal India Limited, with listing slated for March 30, 2026. Investors looking for more detail can refer to the prospectus dated March 24, 2026, which the article says is available on SEBI and the lead managers’ websites.