Central Mine Planning IPO

Listed Mainboard
Min Investment
₹13,760
80 Shares
Min Investment
₹13,760 · 80 Shares
Price Band ₹163–172
Lot Size 80 shares
Issue Size ₹1,842 Cr
Listed At ₹160.00 -7%
Subscribed 1.05×
Listed On BSE & NSE
Listing Price
₹160.00 (-6.98%)
vs issue price
Current Price (NSE)
₹202.30 (+17.62%)
at close, 15 Oct

Market Sentiment

Grey Market Premium What is GMP?
+₹4
+2.3% ▼ ₹2 since last update
Est. listing ₹176
Upper price ₹172
GMP range ₹0 – ₹11
20 Mar · ₹1.5 28 Mar · ₹4
Updated 28 Mar, 8:36 pm IST Unofficial grey-market data
GMP estimate ₹176
Actual listing ₹160
Listed below the GMP estimate by ₹16 (-9.1%)
Subscription Status
QIB
3.48x
NII
0.35x
bNII (>10L)
0.27x
sNII (2-10L)
0.52x
Retail
0.33x
Employee
0.21x
Others
0.36x
Total
1.05x
Updated: Mar 30, 2026 5:59 pm IST
Analysis Score 38 / 100
Weak Signals
Data: 78%
GMP Score 35
Subscription Score 30
Financial Health 83
Score updates live as GMP/subscription change. For information only — not investment advice.

IPO Details

Price Band₹163–172 per equity share
Face Value₹2 Per Equity Share
Lot Size 80 shares (Min ₹13,760)
Total Issue Size ₹1,842.00 crore
Issue TypeBook build Issue
Lead Manager IDBI Capital Markets Services Ltd. , SBI Capital Markets Ltd.
Registrar Kfin Technologies Ltd.
Listing atBSE & NSE
Listing Price₹160.00
Listing Gain-6.98%

Day-wise Subscription (times subscribed)

QIB
NII
Retail
Employee
Total
Each panel uses its own scale; compare the numbers, not bar heights, across categories.
Category Day 1 Day 4 Final Final Final Final Final Final Day 11
QIB 0.00x 0.62x 3.48x 3.48x 3.48x 3.48x 3.48x 3.48x 3.48x
NII 0.05x 0.08x 0.35x 0.35x 0.35x 0.35x 0.35x 0.35x 0.35x
bNII > ₹10L 0.03x 0.05x 0.27x 0.27x 0.27x 0.27x 0.27x 0.27x 0.27x
sNII 2-10L 0.08x 0.14x 0.52x 0.52x 0.52x 0.52x 0.52x 0.52x 0.52x
Retail 0.10x 0.17x 0.33x 0.33x 0.33x 0.33x 0.33x 0.33x 0.33x
Employee 0.06x 0.10x 0.21x 0.21x 0.21x 0.21x 0.21x 0.21x 0.21x
Others 0.11x 0.18x 0.36x 0.36x 0.36x 0.36x 0.36x 0.36x 0.36x
Total 0.07x 0.25x 1.05x 1.05x 1.05x 1.05x 1.05x 1.05x 1.05x

Market Lot Size

Category Lots Shares Amount (₹)
Retail Minimum 1 80 ₹13,760
Retail Maximum 14 1,120 ₹1,92,640
S-HNI Minimum 15 1,200 ₹2,06,400
S-HNI Maximum 72 5,760 ₹9,90,720
B-HNI Minimum 73 5,840 ₹10,04,480

IPO Reservation

QIB 17% NII 12.8% Retail 29.8% Anchor 25.5% Employee & others 15%
Category Shares Offered Shares %
QIB1,82,07,00017.00%
NII (HNI)1,36,55,25012.75%
bNII > ₹10L91,03,5008.50%
sNII < ₹10L45,51,7504.25%
Retail3,18,62,25029.75%
Employee53,55,0005.00%
Others1,07,10,00010.00%
Anchor2,73,10,50025.50%
Total10,71,00,000

Financial Analysis

Financial Data

ROE
36.70%
ROCE
48.60%
NAV/Share
₹28.60
Revenue Growth
23.01%
Profit Margin
30.63%

Financial Performance

2025 vs 2024 Revenue +23.0% Profit (PAT) +32.5% Total Assets +23.6%
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
Values in Crores (₹)

Peer Comparison

Company EPS P/E Market Cap (Cr)
Engineers India Ltd (EIL) 7.90 25.20 21
RITES Limited (RITES) 8.00 34.20 16
Peer median P/E 29.7x across 2 listed peers

Promoters & Holding Pattern

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%

Strengths & Risks

Strengths
  • Strong institutional (QIB) demand — 3.5x.
  • Revenue grew 23% in the latest reported year.
  • Solid profit margin — 30.6%.
  • Strong return on equity — 37%.
Risks & Concerns

Our data checks haven't flagged a specific concern for Central Mine Planning — but that isn't a clean bill of health. Read the risk-factors section of the RHP, which lists company-specific risks our data can't capture.

Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. Informational only — not investment advice. Always read the RHP before applying.

Company Information

About Central Mine Planning

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.

Company Contact Information

Central Mine Planning & Design Institute Ltd., Gondwana Place,, Kanke, Road, Ranchi, Jharkhand, 834008

Objects of the Issue

Purpose Amount (Cr)
The company will not receive any proceeds from the Offer -

Resources & Documents

Anchor Investors

Anchor Bidding Date
March 18, 2026
Shares Offered to Anchors
2,73,10,500
Lock-in End (30 Days, 50%)
April 24, 2026
Lock-in End (90 Days, 50%)
June 23, 2026

Central Mine Planning IPO - Quick Take

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 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.

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 is trading.

On our data-signal score, the combined signals for this issue currently read weak — several key indicators are reading below average. This is a summary of public data, not a recommendation to apply or skip. Past performance does not predict future returns — review the price chart and peer comparison below before trading.

Frequently Asked Questions

The price band of Central Mine Planning IPO is Rs 163 to Rs 172 per share. Face value is Rs 2 per share.

The total issue size of Central Mine Planning IPO is Rs 1,842 crore.

The lot size of Central Mine Planning IPO is 80 shares. The minimum application is 1 lot (80 shares), requiring an investment of Rs 13,760. Maximum retail application is 14 lots (1,120 shares, approx Rs 1,92,640).

Central Mine Planning IPO opens for subscription on March 20, 2026 and closes on March 24, 2026. Anchor investor bidding is scheduled for March 18, 2026.

The expected allotment date for Central Mine Planning IPO is March 25, 2026. Refunds for unsuccessful applicants are expected on March 27, 2026.

Central Mine Planning IPO is scheduled to list on March 30, 2026 on both BSE and NSE. BSE script code: –, NSE symbol: –, ISIN: –.

The last GMP (Grey Market Premium) recorded for Central Mine Planning IPO before listing was +Rs 4 (+2.3% over issue price). The shares actually listed at Rs 160 (-6.98% versus the issue price). GMP only estimates the listing price and stops mattering once the shares trade.

Central Mine Planning IPO was subscribed 1.05 times overall by the close of bidding — retail at 0.33x, QIB at 3.48x, NII at 0.35x.

Based on the final retail subscription of 0.33x for Central Mine Planning IPO, the estimated retail allotment probability is approximately 100.0%. This is a high probability of allotment.

The registrar for Central Mine Planning IPO is Kfin Technologies Ltd. After the allotment date, you can check your allotment status on the registrar's official website by entering your PAN, application number, or demat account details. Allotment status is also available on the BSE and NSE websites.

The book running lead manager(s) for Central Mine Planning IPO are IDBI Capital Markets Services Ltd., SBI Capital Markets Ltd.

The promoter(s) of Central Mine Planning are the President of India, acting through the Ministry of Coal, Government of India and Coal India Limited.

Central Mine Planning IPO GMP — What It Means

GMP stops mattering once the shares trade — it only ever estimated the listing price. The summary at the top of this page compares the last pre-listing GMP with how the shares actually listed. Its last GMP before listing was 2.3%. Of the 32 Mainboard IPOs we have tracked with a final GMP under 10%, 19 listed above, 6 flat and 7 below the issue price; Central Mine Planning listed 7% below its issue price.

See the full Central Mine Planning GMP history and trend, or learn how grey market premium works and how reliable it is.

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