Central Mine Planning & Design Institute Limited (CMPDI) is one of India’s leading mining consultancies, providing end-to-end consulting and technical support services for coal and mineral exploration, mine planning, and mine design. The company primarily serves the coal sector and is the preferred consultant for Coal India Limited. CMPDI holds a 61.0% market share in India’s coal and mineral consultancy industry as of Fiscal 2025, making it one of the largest players in this space.
The company provides a wide range of services across the mining value chain, including infrastructure engineering, environmental management, specialized technology services, and management systems for coal and other mineral projects.
CMPDI operates through four major business verticals:
- Geological Exploration and Resource Evaluation: Identifying and evaluating coal and mineral resources through drilling, surveys, and geological studies.
- Mine Planning and Design Services: Preparing mine plans, feasibility studies, and project reports for efficient and sustainable mining operations.
- Environmental Planning and Monitoring Services: Providing environmental impact assessment, mine closure planning, and regulatory compliance services.
- Geomatics, Remote Sensing and Survey Services: Using advanced technologies like GIS, remote sensing, and modern surveying tools to support mining projects.
The company is supported by advanced technical infrastructure, enabling it to carry out a wide range of exploration and mining consultancy activities across India. As of March 31, 2025, CMPDI operated one of the largest fleets of exploratory drilling equipment for coal and mineral exploration in the country.
CMPDI has also demonstrated its capability to manage large-scale mining projects, having planned open-pit mines with annual production capacities of up to 85 million tonnes and mining depths of up to 420 meters.
As of December 31, 2025, CMPDI operates seven regional institutes across key coal-producing states, including Madhya Pradesh, Chhattisgarh, Odisha, and West Bengal, enabling efficient project execution and close coordination with local mining operations.
CMPDI also operates a network of eight well-equipped laboratories across different coalfields. These laboratories are staffed with experienced technical professionals and provide coal testing, quality analysis, and technical support for exploration activities.
CMPDI is involved in mineral exploration initiatives supported by NMET. As of December 31, 2025, it submitted 11 exploration proposals for minerals like bauxite, copper, magnetite, and zinc, out of which 6 were approved and 4 have been completed.
CMPDI IPO – Details
| IPO Opening Date | 20 March 2026 |
| IPO Closing Date | 24 March 2026 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 10,71,00,000 Shares Worth ₹[] Crore Offer For Sale: 10,71,00,000 Shares Worth ₹[] Crore |
| Face Value | ₹2 per equity share |
| IPO Price | ₹[] – ₹[] per share |
| Market Lot | – |
| Min Order | – |
| Listing At | BSE, NSE |
| Register | Kfin Technologies Ltd. |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
CMPDI IPO – Date Schedule
| IPO Open Date | 20 March 2026 |
| IPO Close Date | 24 March 2026 |
| Basis of Allotment | 25 March 2026 |
| Initiation of Refund | 27 March 2026 |
| Credit of Shares to Demat Account | 27 March 2026 |
| IPO Listing Date | 30 March 2026 |
| Cut-off time for UPI mandate confirmation | 5 PM on March 24, 2026 |
CMPDI IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | – | – | ₹ |
| Retail (Max) | – | – | ₹ |
| S-HNI (Min) | – | – | ₹ |
| S-HNI (Max) | – | – | ₹ |
| B-HNI (Min) | – | – | ₹ |
Competitive Strength
- Multidisciplinary organization offering a comprehensive range of services.
- Key consulting partner to Coal India Limited and Ministry of Coal with a diverse client base.
- Extensive expertise in executing exploration projects.
- Advanced infrastructure supporting a spectrum of services.
- Operations driven by strong parentage of Coal India Limited.
- Experienced management team supported by committed employee base.
- Consistent track record of growth and financial performance.
Company Promoters
- President of India
- Government of India
- Coal India Limited
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2023 | ₹1,398.78 Cr | ₹1,031.83 Cr | ₹296.66 Cr | ₹1,074.85 Cr |
| 31 March 2024 | ₹1,770.18 Cr | ₹1,037.34 Cr | ₹503.23 Cr | ₹1,448.81 Cr |
| 31 March 2025 | ₹2,177.53 Cr | ₹1,295.39 Cr | ₹666.91 Cr | ₹1,899.05 Cr |
| 31 December 2025 | ₹1,543.93 Cr | ₹975.41 Cr | ₹425.36 Cr | ₹2,010.98 Cr |
Key Performance Indicator
| KPI | Values (Sep 30, 2025) |
|---|---|
| ROCE | 27.10% |
| RoNW | 20.30% |
| PAT Margin | 27.60% |
| EBITDA Margin | 38.50% |
| Pre IPO | Post IPO | |
| EPS (₹) | – | – |
| P/E (x) | – | – |
Object Of The Issue
| Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|
| The company will not receive any proceeds from the Offer. | ₹216.79 |
CMPDI IPO Peer Comparison
| S. No. | Face Value (₹) | Company Name | P/E Ratio |
|---|---|---|---|
| 1 | 5 | Engineers India Ltd (EIL) | 19.9 |
| 2 | 10 | RITES Limited (RITES) | 25.20 |
✅Strengths
- Market leader with ~61% share in India’s mining consultancy.
- Strong backing from Coal India Limited.
- End-to-end services: exploration, mine planning, engineering, environment.
- Large drilling fleet and strong technical infrastructure.
- Presence across major coal regions through 7 regional institutes.
⚠️Risks
- High dependence on Coal India for projects.
- Business largely dependent on coal industry.
- Sensitive to government mining and environmental policies.
- Revenue depends on mining project approvals.
- Reliance on skilled technical workforce.
CMPDI IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | – |
CMPDI IPO Prospectus
Company Contact Information
| Central Mine Planning & Design Institute Ltd. Gondwana Place, Kanke Road, Ranchi, Jharkhand, 834008 Phone: 0651 – 2230169 Email: complianceoff.cmpdi@coalindia.in Website: https://www.cmpdi.co.in/en |
CMPDI IPO Registrar
| Kfin Technologies Ltd. Phone: 04067162222, 04079611000 Email: centralmine.ipo@kfintech.com Website: https://ipostatus.kfintech.com/ |
CMPDI IPO Lead Manager(s)
| 1. SBI Capital Markets Limited 2. IDBI Capital Markets & Securities Limited |
CMPDI IPO FAQs
| What is the CMPDI IPO? CMPDI IPO is a main-board IPO. The issue is priced at ₹[] to ₹[] per equity share. The IPO is to be listed on the BSE & NSE. |
| When will the CMPDI IPO open? The IPO is to open on 20 March 2026 for QIB, NII, and Retail Investors. |
| What is CMPDI IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| What is the CMPDI IPO Size? CMPDI IPO size is ₹[] Crore. |
| What is the CMPDI IPO Minimum and Maximum Lot Size for Retail? The minimum bid is [] Shares with ₹[], while the maximum bid is [] Shares with ₹[]. |
| What is the CMPDI IPO Allotment Date? CMPDI IPO allotment date is 25 March 2026. |
| What is the CMPDI IPO Listing Date? CMPDI IPO listing date is 30 March 2026. The IPO is to be listed on the BSE and the NSE. |
