Central Mine Planning IPO
Market Sentiment
Market Lot Size
IPO Details
IPO Reservation
Financial Analysis
| Metric | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 1,398.78 | 1,770.18 | 2,177.53 |
| Expense | 1,031.83 | 1,037.34 | 1,295.39 |
| Profit (PAT) | 296.66 | 503.23 | 666.91 |
| Total Assets | 1,919.53 | 2,171.37 | 2,682.80 |
| Company | P/E | EPS | Market Cap (Cr) |
|---|---|---|---|
| Engineers India Ltd (EIL) | 25.20 | 7.90 | 21 |
| RITES Limited (RITES) | 34.20 | 8.00 | 16 |
Promoters: the President of India, acting through the Ministry of Coal, Government of India and Coal India Limited
| Shareholding | No. of Shares | Holding % |
|---|---|---|
| Promoter Holding Pre Issue | 71,40,00,000 | 100.00% |
| Promoter Holding Post Issue | 71,40,00,000 | 85.00% |
Company Information
The Central Mine Planning & Design Institute Limited (CMPDI) was set up in 1974 as a part of the Coal Mines Authority Limited (CMAL) after India nationalized its coal industry. It is headquartered in Ranchi. Further, the company is always ahead in providing complete consultancy and support services in mineral exploration, mine planning, infrastructure design, environmental management, and system implementation. With seven Regional Institutes across India and a network of exploration camps and field units, CMPDI is positioned as both a commercial and national strategic asset in India’s energy and resource planning ecosystem. Central Mine Planning & Design Institute Ltd.’s revenue surged by 23%, and the profit after tax (PAT) rose by 33% between the financial year ending with March 31, 2025, and March 31, 2024.
| Purpose | Amount (Cr) |
|---|---|
| The company will not receive any proceeds from the Offer | - |
Resources & Documents
Central Mine Planning & Design Institute Ltd., Gondwana Place,, Kanke, Road, Ranchi, Jharkhand, 834008
Central Mine Planning has set a price band of Rs 163–Rs 172 per share for an issue size of Rs 1,842 crore. The stock listed with a 6.98% discount versus its issue price on March 30, 2026.
The Central Mine Planning & Design Institute Limited (CMPDI) was set up in 1974 as a part of the Coal Mines Authority Limited (CMAL) after India nationalized its coal industry. It is headquartered in Ranchi.
The issue is promoted by the President of India, acting through the Ministry of Coal, Government of India and Coal India Limited with IDBI Capital Markets Services Ltd., SBI Capital Markets Ltd. acting as lead manager. Net proceeds will primarily be used towards The company will not receive any proceeds from the Offer.
Grey market is quoting a premium of +Rs 4 (+2.3% over issue price), down Rs 31 from the previous session. Final subscription data records overall subscription at 1.05x, retail at 0.33x, QIB at 3.48x, NII at 0.35x.
On fundamentals, the company is posting revenue growth of 23.0%, a profit margin of 30.6%, return on equity of 36.7% in its most recent reported period. Listed peers in this segment include Engineers India Ltd (EIL) (P/E 25.20x, market cap Rs 21 crore) and RITES Limited (RITES) (P/E 34.20x, market cap Rs 16 crore) — useful reference points when evaluating the issue's pricing relative to where the broader sector are trading.
Our data-driven engine currently flags this issue as an Avoid view — key indicators are weak enough that the risk-reward looks unfavourable for now. Past performance does not predict future returns — review the price chart and peer comparison below before trading.
Understanding Grey Market Premium (GMP)
The Grey Market Premium (GMP) is an unofficial indicator of how an IPO's shares are trading in the grey market before they are officially listed on a stock exchange. It reflects investor sentiment and demand for the IPO shares ahead of listing day.
How does it work? The grey market is an informal, over-the-counter market where investors buy and sell IPO shares before the official listing date. If an IPO has a positive GMP, it suggests that investors expect the stock to list above its issue price. A negative GMP indicates expectations of a listing below the issue price.
Example: If an IPO has an issue price of ₹100 and the GMP is ₹50, the expected listing price would be approximately ₹150 (issue price + GMP). This translates to an estimated listing gain of 50%.
Factors that influence GMP:
- Subscription levels — Higher subscription typically drives GMP up
- Market conditions — Bullish markets tend to boost GMP across all IPOs
- Company fundamentals — Strong financials and growth potential attract premium
- Industry sentiment — Positive outlook for the sector can increase demand
- IPO pricing — Reasonably priced IPOs relative to peers tend to command higher GMP
Disclaimer: GMP is an unofficial metric from the grey market and is not regulated by SEBI or any stock exchange. GMP values fluctuate frequently and should not be the sole basis for investment decisions. Always consider company fundamentals, financial health, and your own risk appetite before investing in any IPO.
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