Coal India Subsidiary CMPDIL IPO Opens March 20

Mumbai, March 14, 2026: The much-anticipated IPO of Central Mine Planning & Design Institute Limited (CMPDIL) has received strong attention from investors as the public issue is scheduled to open on March 20, 2026.

CMPDIL is a wholly owned subsidiary of Coal India, and the IPO will be a 100% Offer for Sale (OFS). Under the offer, Coal India will sell 10.71 crore equity shares, meaning the proceeds will go directly to the parent company as part of the government’s disinvestment plan.

CMPDIL IPO Important Dates

Here are the key dates investors should know:

Anchor Investor Bidding: March 18, 2026
IPO Opening Date: March 20, 2026
IPO Closing Date: March 24, 2026
Allotment Finalization: March 25, 2026 (expected)
Refund Initiation: March 26, 2026
Tentative Listing Date: March 30, 2026

The IPO is expected to list on BSE and National Stock Exchange of India.

About CMPDIL

Founded in 1975, CMPDIL is a leading consultancy and technical services provider in India’s coal and mineral sector. The company offers services including:

Geological exploration
Mine planning and design
Environmental management
Geospatial solutions

CMPDIL plays a crucial role in India’s coal ecosystem, supporting more than 80% of the country’s coal production through its technical expertise.

CMPDIL IPO Issue Size and Structure

The public issue consists entirely of an Offer for Sale by Coal India.

Total Shares Offered: 10.71 crore
Face Value: ₹2 per equity share
Retail Investor Quota: 35%
Shareholder Quota: Reserved for eligible Coal India shareholders

The price band is expected to be announced closer to the IPO opening date.

CMPDIL IPO GMP and Market Buzz

According to market reports, the IPO has already generated interest among investors. Early grey market indications suggest a small premium, although the Grey Market Premium (GMP) remains highly volatile and unofficial.

Analysts believe the listing could attract investors looking for exposure to the PSU and coal sector growth story.

Why Investors Are Watching This IPO

The CMPDIL IPO comes amid strong momentum in PSU listings and government disinvestment initiatives.

With India’s growing energy demand and coal sector expansion, CMPDIL’s technical expertise and long operating history could make it an interesting opportunity for long-term investors.

Disclaimer: This article is for informational purposes only and should not be considered investment advice. Investors should consult financial advisors before making investment decisions.