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Central Mine Planning & Design Institute IPO: GMP, Price Band, Date & Analysis
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Central Mine Planning & Design Institute IPO- Company Analysis
Central Mine Planning & Design Institute IPO under the Mainboard IPO category is a bookbuild issue of Rs. 1,842.12 Cr by Central Mine Planning & Design Institute Limited and provides advice and assistance in all areas of mineral and coal exploration, as well as mine design and planning.
Infrastructure engineering, environmental management, specialized technological services, and management systems—mainly for the coal sector and other minerals—are among the various services provided by the organization. With a market share of 61.0% in Fiscal 2025, they are among the biggest coal and mineral consulting firms in India and are Coal India Limited's favored consultant.
The business verticals of the corporation are as follows:
- Geological Investigation and Resource Assessment.
- Services for Mine Planning & Design.
- Services for Environmental Planning and Monitoring.
- Survey services, remote sensing, and geomatics.
Central Mine Planning & Design Institute IPO Details
The Central Mine Planning & Design Institute IPO date of opening is 20 Mar 2026, its initial public offering will end on 24 Mar, IPO allotment on Mar 25 and refund initiation on Mar 27, 2026.
The Rs. 1,842.12 crore new Mainboard IPO comprises a wholly an offer for sale of 10.71 crore shares.
The Central Mine Planning & Design Institute IPO listing date (expected) might be on Monday, March 30, 2026, and listing at the BSE and NSE.
The Central Mine Planning & Design Institute IPO price band is Rs. 163 to Rs. 172.
IPO Timetable (Tentative)
|
Events |
Date |
|
IPO Opening Date |
Mar 20, 2026 |
|
IPO Closing Date |
Mar 24, 2026 |
|
IPO Allotment Date |
Mar 25, 2026 |
|
Refund Initiation |
Mar 27, 2026 |
|
IPO Listing Date |
Mar 30, 2026 |
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Company Financials
(Amount in Cr)
|
Particulars |
31 Mar 2025 |
31 Mar 2024 |
31 Mar 2023 |
|
Assets |
2,682.80 |
2,171.37 |
1,919.53 |
|
Total Income |
2,177.53 |
1,770.18 |
1,398.78 |
|
Profit After Tax |
666.91 |
503.23 |
296.66 |
|
EBITDA |
915.71 |
764.44 |
395.65 |
|
NET Worth |
2,041.85 |
1,591.61 |
1,217.65 |
|
Reserves and Surplus |
1,899.05 |
1,448.81 |
1,074.85 |
Cash Flows
(Amount in Mn)
|
Net Cash Flow |
31 Mar 2025 |
31 Mar 2024 |
31 Mar 2023 |
|
Net Cash Flow Operating Activities |
6,711.4 |
2,462.6 |
3,994.1 |
|
Net Cash Flow Investing Activities |
(4,446.4) |
(2,299.2) |
(1,008.6) |
|
Net Cash Flow Financing Activities |
(2,012.2) |
(1,194.5) |
(942.1) |
Revenue Bifurcation
(Rs. in Mn)
(Source: RHP)
Listed Peers of Central Mine Planning & Design Institute Ltd.
|
Name of Company |
Face Value (Rs. ) |
Basic EPS (Rs. ) |
PE Ratio (x) |
|
Engineers India Ltd (EIL) |
5 |
10.3 |
19.9 |
|
RITES Limited (RITES) |
10 |
8.0 |
25.2 |
Valuation
|
KPI |
Value |
|
ROCE |
48.6% |
|
RoNW |
36.7% |
|
PAT Margin |
30.60% |
|
EBITDA Margin |
42.10% |
|
Price to Book Value |
6.01 |
Evaluation of P/E Ratio
Considering the period ended on FY 2025 with an EPS of Rs. 9.3 from the last year, the resulting P/E ratio is 18.49x.
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IPO's Strengths
- A multidisciplinary company that provides a wide range of services.
- An important consultancy partner with a wide range of clients for the Ministry of Coal and Coal India Limited.
- Extensive experience carrying out exploratory initiatives.
- Sophisticated infrastructure that supports several services.
- Strong parentage of Coal India Limited drives operations.
IPO's Weaknesses
- High client concentration risk.
- Dependence on Coal India Limited.
- Dependence on limited vendors for exploration services.
Central Mine Planning & Design Institute IPO GMP (Grey Market Premium)
Central Mine Planning & Design Institute IPO GMP today is Rs. 5 as of 30 Mar 2026 while writing this information. A price band set at Rs. 172 suggests that the estimated listing price of the IPO could be around Rs. 193, indicating a gain/loss of 12.21%.
Central Mine Planning & Design Institute IPO Summary
|
IPO Opening & Closing Date |
20 Mar, 2026 to 24 Mar, 2026 |
|
Face Value |
Rs. 2 per Share |
|
Issue Price |
Rs. 163 to Rs. 172 per Share. |
|
Lot Size |
80 Shares |
|
Issue Size |
10,71,00,000 Shares (Rs. 1842 Cr) |
|
Offer for Sale |
10,71,00,000 Shares (Rs. 1842 Cr) |
|
Fresh Issue |
- |
|
Listing at |
BSE, NSE |
|
Issue Type |
Bookbuild issue IPO |
|
Registrar |
Kfin Technologies Ltd. |
IPO Lot Details
|
Minimum Lot Investment (Retail) |
1 Lot |
|
Maximum Lot Investment (Retail) |
14 Lots |
|
HNI (Min) |
15 Lots |
Central Mine Planning & Design Institute IPO Allotment Status
To check the Central Mine Planning & Design Institute IPO Allotment Status, visit the official Registrar’s website or BSE website. Below are the website links for you.
Using BSE Website - BSE IPO allotment status
Promoters And Management of Central Mine Planning & Design Institute Ltd.
- President of India, acting through the Ministry of Coal, Government of India
- Coal India Limited
|
Pre-Issue Promoter Shareholding |
100% |
|
Post-Issue Promoter Shareholding |
- |
IPO Lead Managers
- IDBI Capital Markets Services Ltd.
Dividend Policy
The company has paid a dividend of Rs. 1050.4 in the FY25
Conclusion
Investors have the chance to participate in a top mining consulting firm supported by Coal India Limited and the Indian government through the Central Mine Planning & Design Institute IPO. It has strong financial growth, excellent margins, and leading market position in coal and mineral consulting. Before applying, investors should take into account the company's low client diversification and heavy reliance on Coal India.
Finowings IPO Analysis
Hope you enjoyed the Finowings IPO Analysis. We tried our best to give every required detail about the company that you should know before applying to the IPO.
You must consult your financial advisor before making any financial decisions.
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