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Central Mine Planning & Design Institute Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Central Mine Planning & Design Institute Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
IPO Snapshot
Key metrics and details at a glance.
Price Band
₹172
Per ShareLot Size
80 Shares
Minimum Investment
₹13,760
Issue Size
₹1,841.45 Cr
Face Value
₹2
Per ShareIPO Type
Book Building
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
IPO Timeline
Important dates for your applying strategy.
IPO Opens20 Mar
IPO Closes24 Mar
Basis of Allotment25 Mar
Refund Initiation27 Mar
Shares Credited27 Mar
Central Mine Planning & Design Institute Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
100%
Promoter Holding (Post-Issue)
85%
Issue Type
Book Building
ISIN
INE05HV01027
About the Company
The Company offers consultancy and support services for the entire spectrum of coal and mineral exploration and mine planning and design services. Its services also include infrastructure engineering, environmental management, geomatics, specialized technology services, and management systems, primarily for the coal industry as well as for other minerals such as lignite, bauxite and manganese. The Company is one of the largest coal and mineral consultancy companies in India in terms 61.0% of market share in Fiscal 2025 and is the preferred consultant for Coal India Limited. Its services span the entire lifecycle of mining operations, ranging from initial exploration to closure of mines. The Company primarily receives client assignments on a nomination basis and in certain cases, clients issue single tenders exclusively to it, which is also executed on a nomination basis. Each project is unique and tailored to site-specific requirements, with timelines mutually agreed upon with the client, typically ranging from 10 business days to up to 3 years.
Industry Overview
Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Standalone figures
Revenue
Amount in ₹ crore
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial public offering of 107,100,000 equity shares of face value of Rs. 2/- each ("Equity Shares") of Central Mine Planning & Design Institute Limited (the "Company") for cash at a price of Rs. 172 per equity share including a premium of Rs. 170 per equity share (the "Offer Price") through an offer for sale (the "Offer") of 107,100,000 equity shares aggregating to Rs.1841.45 Crores by Coal India Limited (the "Promoter Selling Shareholder" or "Selling Shareholder" and such equity shares offered by the promoter selling shareholder, the "Offered Shares"). The offer includes a reservation of up to 5,355,000 equity shares of face value of Rs. 2/- each, aggregating up to Rs. 87.82 Crores (Constituting up to 0.8% of the Post offer paid-up equity share capital) for subscription by eligible employees ("Employee Reservation Portion") and a reservation of up to 10,710,000 equity shares aggregating up to Rs. 184.21 Crores (Constituting 1.5% of the post-offer paid-up equity share capital) for subscription by eligible shareholders ("Shareholder Reservation Portion"). The offer less the employee reservation portion and the shareholder reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer shall constitute 15.0% and 12.8%, respectively, of the post-offer paid-up equity share capital of the company. The company may in consultation with the brlms, offered a discount of Rs. 8 on the offer price to eligible employees bidding in the employee reservation portion ("Employee Discount"). Price Band: Rs. 172 per equity share of face value of Rs. 2 each. The floor price is 86 times the face value of the equity shares. Bids can be made for a minimum of 80 equity shares of face value of Rs. 2 each and in multiples of 80 equity shares of face value of Rs. 2 each thereafter. A discount of Rs. 8 per equity share is being offered to eligible employees bidding in the employee reservation portion.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Multidisciplinary organization offering a comprehensive range of services.
- Key consulting partner to Coal India Limited and Ministry of Coal with a diverse client base.
Frequently Asked Questions
01What is the minimum investment required to apply for this IPO?
The minimum investment depends on the lot size and the upper price band of the issue. Investors must apply for at least one lot, and the total investment amount is calculated by multiplying the lot size by the upper price band.
02How is IPO allotment decided?
IPO allotment is determined based on demand and SEBI guidelines. If the IPO is oversubscribed in the retail category, allotment is typically done through a computerized lottery system to ensure fair distribution among eligible applicants.