Central Mine Planning IPO is a book-built issue worth ₹1,842.12 crore, consisting entirely of an offer for sale of 10.71 crore shares. The IPO opens on March 20, 2026, and closes on March 24, 2026, with tentative listing on BSE and NSE on March 30, 2026.
The IPO is priced in the range of ₹163 to ₹172 per share, with a minimum investment of ₹13,760 for retail investors. Central Mine Planning & Design Institute Limited is engaged in consultancy and support services across coal and mineral exploration, mine planning, and design.
Let us understand the Central Mine Planning IPO in detail.
Central Mine Planning IPO – Key Details 2026
The following are some of the important and key details about the Central Mine Planning IPO.
Particulars
Details
IPO Type
Book Building IPO
IPO Size
₹1,842.12 Cr
Offer for Sale
₹1,842.12 Cr
Price Band
₹163 – ₹172
Lot Size
80 shares
Face Value
₹2 per share
Listing
BSE, NSE
IPO Dates
Mar 20 – Mar 24, 2026
Central Mine Planning IPO Timeline
The following table explains the tentative IPO schedule.
Event
Date
IPO Opens
Mar 20, 2026
IPO Closes
Mar 24, 2026
Allotment
Mar 25, 2026
Refunds
Mar 27, 2026
Credit of Shares
Mar 27, 2026
Listing Date
Mar 30, 2026
Central Mine Planning IPO Lot Size & Investment
The following table shows the minimum and maximum investment required.
Category
Shares
Amount
Retail (Min)
80
₹13,760
Retail (Max)
1,120
₹1,92,640
sNII (Min)
1,200
₹2,06,400
sNII (Max)
5,760
₹9,90,720
bNII (Min)
5,840
₹10,04,480
About Central Mine Planning & Design Institute Ltd. Business Operations
Incorporated in 1974, Central Mine Planning & Design Institute Limited (CMPDI) provides consultancy and support services across the entire spectrum of coal and mineral exploration, mine planning, and design.
The company also offers services in:
Infrastructure engineering
Environmental management
Specialised technology services
Management systems
The company primarily serves the coal industry and other mineral sectors and is a key consulting partner for Coal India Limited.
Business Verticals
The company operates through the following core business verticals:
Geological Exploration and Resource Evaluation
Mine Planning and Design Services
Environmental Planning and Monitoring Services
Geomatics, Remote Sensing and Survey Services
Infrastructure and Operational Capabilities
The company is supported by advanced infrastructure to carry out a wide range of activities in the coal and minerals sector.
As of March 31, 2025, the company operates one of the largest fleets of exploratory drilling equipment for coal and mineral exploration in India.
As of December 31, 2025, the company operates seven regional institutes across key coal-producing states such as Madhya Pradesh, Chhattisgarh, Odisha, and West Bengal.
The company has planned open-cast mines with annual production capacity up to 85 million tonnes and mining depths reaching up to 420 meters.
It also operates eight laboratories across coalfields for testing and analysis, staffed by technical professionals.
Exploration and Development Initiatives
The company participates in drilling and exploration initiatives supported by the National Mineral Exploration and Development Trust (NMET).
As of December 31, 2025:
11 exploration proposals submitted
6 projects approved
4 approved projects completed
These proposals include minerals such as bauxite, copper, magnetite, and zinc.
Competitive Strengths of Central Mine Planning
The following are the key strengths of the company:
Multidisciplinary organisation offering a comprehensive range of services
Key consulting partner to Coal India Limited and Ministry of Coal
Extensive expertise in executing exploration projects
Advanced infrastructure supporting multiple service offerings
Strong parentage of Coal India Limited
Experienced management team with a committed workforce
Consistent track record of growth and financial performance
Central Mine Planning – Financial Performance
The following table shows restated consolidated financials. Amount in ₹ Crore.
Period
Total Income
PAT
EBITDA
FY23
1,398.78
296.66
395.65
FY24
1,770
503.23
764.44
FY25
2,178
666.91
915.71
Dec 2025
1,544
425.36
593.85
Key Performance Indicators (KPI)
The following table highlights important valuation and profitability metrics.
Metric
Value
ROCE (Dec 2025)
27.10%
RoNW (Dec 2025)
20.30%
PAT Margin
27.60%
EBITDA Margin
38.50%
Price to Book
6
Market Capitalisation
₹12,280.80 Cr
Objects of the Issue
The following explains how IPO proceeds will be used.
The company will not receive any proceeds from the Offer.
Valuation Snapshot
The following table shows EPS and P/E comparison.
Particulars
Pre IPO
Post IPO
EPS (₹)
9.34
7.94
P/E (x)
18.41
21.65
Promoter holding before the issue is 100%.
Promoters
The promoters of the company are:
President of India, acting through the Ministry of Coal, Government of India
Coal India Limited
Lead Managers and Registrar
Book Running Lead Managers
IDBI Capital Markets Services Ltd.
SBI Capital Markets Ltd.
Registrar
Kfin Technologies Ltd.
Summary
Central Mine Planning & Design Institute Limited provides consultancy services across coal and mineral exploration, mine planning, and design, supported by advanced infrastructure and technical expertise.
The company operates across multiple business verticals and serves as a key consulting partner to Coal India Limited and the Ministry of Coal.
The IPO is scheduled to open on March 20, 2026, and is expected to list on March 30, 2026 on BSE and NSE.
Disclaimer: This content is for informational and educational purposes only and does not constitute investment advice. UnlistedKraft is not responsible for any losses arising from investment decisions based on this content. Readers should conduct their own research and consult qualified professionals before investing.
Frequently Asked Questions
What is the Central Mine Planning IPO?
Central Mine Planning IPO is a main-board IPO of 10,71,00,000 equity shares of face value ₹2, aggregating up to ₹1,842.12 crores, priced at ₹163 to ₹172 per share.
When does the Central Mine Planning IPO open?
The IPO opens on March 20, 2026, and closes on March 24, 2026.
What is the lot size of the Central Mine Planning IPO?
The minimum lot size for the IPO is 80 shares.
When is Central Mine Planning IPO allotment?
The allotment for the IPO is expected to be finalized on March 25, 2026.
When is the Central Mine Planning IPO listing date?
The tentative listing date for the IPO is March 30, 2026 on BSE and NSE.
Who are the promoters of Central Mine Planning & Design Institute Ltd.?
The promoters include the President of India (through the Ministry of Coal) and Coal India Limited.}
Author: Komal Bhatt
Komal Bhatt is a finance content writer at InvestKraft, specialising in research-based articles on financial products, markets, and investment opportunities, including unlisted shares. She holds a Master’s degree in Commerce from the University of Delhi, providing a strong academic foundation in finance and business.
With over three years of experience in digital content, she focuses on simplifying complex financial topics into clear, accurate, and reader-friendly information. Her background includes creating content related to finance certifications such as wealth management and NISM programs, strengthening her understanding of financial markets and investor education.