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CMPDIL, a Coal India unit, to launch IPO on March 20, 2026, selling 10.71 crore shares with proceeds to Coal India.
Coal India's subsidiary, the Central Mine Planning and Design Institute Limited (CMPDIL), is set to launch its IPO on March 20, 2026, with the issue closing on March 24.
The offer for sale (OFS) involves 10.71 crore shares, with no fresh issuance and proceeds going to Coal India.
The IPO, managed by IDBI Capital and SBI Capital Markets, aims to list on BSE and NSE, with a tentative date of March 30.
CMPDIL, a leading coal and mineral consultancy with a 61% market share, reported strong financial growth in FY25, with revenue of ₹2,177 crore and PAT of ₹667 crore.
The IPO follows the recent listing of another Coal India subsidiary, Bharat Coking Coal.
Regulatory approvals and market conditions remain key factors.
CMPDIL, una unidad de Coal India, lanzará IPO el 20 de marzo de 2026, vendiendo 10.71 millones de acciones con las ganancias a Coal India.