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flag CMPDIL, a Coal India unit, to launch IPO on March 20, 2026, selling 10.71 crore shares with proceeds to Coal India.

flag 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. flag The offer for sale (OFS) involves 10.71 crore shares, with no fresh issuance and proceeds going to Coal India. flag The IPO, managed by IDBI Capital and SBI Capital Markets, aims to list on BSE and NSE, with a tentative date of March 30. flag 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. flag The IPO follows the recent listing of another Coal India subsidiary, Bharat Coking Coal. flag Regulatory approvals and market conditions remain key factors.

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