Coal India's CMPDI IPO GMP Shows 11% Listing Gain Potential; Everything You Need To Know

Bringing another major public offering from a subsidiary of Coal India Limited, the CMPDI ipo is going to open for subscription on March 20th. After the strong response to the BCCL IPO, investor interest is now shifting to the central mine planning IPO, which is expected to raise around Rs. 1,842.12 crore from the market.

The upcoming CMPDI IPO 2026 has already started generating hype among investors and analysts as it is another public sector offering in India's coal sector.

CMPDI IPO Details, Issue Size and Price Band

The central mine planning & design institute IPO is a book-built issue worth Rs. 1,842.12 crore. The entire public issue consists of an offer for sale of about 10.71 crore shares, meaning the proceeds will go to the selling shareholder and not directly to the company.

The CMPDI ipo price band has been fixed between Rs. 163 and Rs. 172 per share. The CMPDI ipo subscription date will begin next week from March 20, while the issue will close on March 24

According to the tentative timeline, the CMPDI IPO allotment date is expected to be March 25. while the shares are likely to be credited to investors' demat accounts a couple of days later. The CMPDI IPO listing date has been tentatively fixed as March 30, 2026, when the stock is expected to debut on BSE and NSE.

CMPDI IPO GMP and Expected Listing Price

Even before the IPO opens, the CMPDI IPO GMP today is already attracting attention in the grey market. The central mine planning IPO GMP was last reported around Rs. 19 as of March 16 morning.

Based on the upper CMPDI IPO price band of Rs. 172, the CMPDI IPO expected listing price is estimated to be around Rs. 191 per share when adding the current CMPDI IPO grey market premium. If the grey market trend continues, the CMPDI IPO listing gain could be around 11.05% per share, although investors should remember that the GMP is unofficial and can fluctuate before listing.

CMPDI IPO Lot Size and Minimum Required Investment

For retail investors planning to participate in the issue, the CMPDI IPO lot size has been fixed at 80 shares. Based on the upper price band of Rs. 172, theCMPDI IPO minimum investment for retail investors comes to approximately Rs. 13,760 for one lot.

High net-worth investors applying under the sNII category will need to apply for at least 15 lots or 1,200 shares, translating to an investment of around Rs. 2,06,400. Meanwhile, investors in the bNII category must apply for 73 lots or 5,840 shares, which amounts to about Rs. 10,04,480 at the upper price band.

About Central Mine Planning & Design Institute (CMPDI)

Central Mine Planning & Design Institute is a technical and consultancy organisation and is also a mini ratna company. As a subsidiary of Coal India, CMPDI provides services related to mine planning, exploration, environmental engineering, and project consultancy for coal mining projects across the country.

Headquartered in Ranchi, the company supports the coal industry with technical expertise and project planning, making it an important arm of the Coal India ecosystem.