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CMPDI, a Coal India unit, is launching an IPO on March 20, raising ₹1,838 crore by selling 107.1 million shares at ₹163–172 each.
Central Mine Planning & Design Institute (CMPDI), a Coal India subsidiary, is launching an IPO on March 20, 2026, offering 107.1 million shares at ₹163–172 per share, raising ₹1,838 crore through an offer for sale.
The IPO, open until March 24, aims to boost Coal India’s divestment efforts and values CMPDI at ₹12,280.8 crore at the upper end.
The company, a leading coal and minerals consultancy with a 61% market share, reported a 9% profit increase to ₹425 crore for the nine months ending December 2025.
Shares are set to list on BSE and NSE on March 30.
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CMPDI, una unidad de Coal India, lanzará una oferta pública inicial el 20 de marzo, recaudando ₹1,838 crores mediante la venta de 107.1 millones de acciones a ₹163172 cada una.