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Central Mine Planning & Design Institute IPO – Live GMP, Review & Analysis

Central Mine Planning & Design Institute IPO GMP Today - ₹5 (2.91%)

Last updated: 30-03-2026 10:00 AM

Grey Market Premium Analysis

As of today, the latest Grey Market Premium (GMP) for Central Mine Planning & Design Institute IPO is 5. Considering the upper price band of 172, the estimated listing price is 177 (Cap Price + GMP). This indicates a listing gain of 2.9% per share. The GMP trend has been Down over the last 3 days.

GMP Trend Analysis

DateGMP PriceEst. Listing GainTrend
30-03-20265₹400
Down
29-03-20267₹560
Neutral
28-03-20267₹560
Down
27-03-20269₹720
Down
26-03-202611₹880
Up
25-03-20267₹560
Up
24-03-20261₹80
Down
23-03-20261.5₹120
Up
22-03-20261₹80
Neutral
21-03-20261₹80
Down
20-03-20262₹160
Down
19-03-20264₹320
Neutral

Central Mine Planning & Design Institute IPO Date, Price Band & Lot Size

Price Band

₹163-172

Lot Size

80 shares

Cutoff Investment

13760

Promoter Holding

Pre-IPO: 100%
Post-IPO: 75%

Open

Mar 20, 2026

Close

Mar 24, 2026

Allotment Date

Mar 25, 2026

Listing Date

Mar 30, 2026

Issue Size

1842

Central Mine Planning & Design Institute IPO Review: Business Model

Central Mine Planning & Design Institute Limited operates as a specialized consultancy firm offering comprehensive technical and engineering solutions across the mineral extraction lifecycle. Operating primarily within the coal sector, the enterprise provides integrated support spanning from preliminary geological exploration to the eventual closure of mining sites. Its core service portfolio encompasses resource evaluation, infrastructure engineering, environmental management, and geospatial su...

*This section provides a detailed description of Central Mine Planning & Design Institute IPO's business operations and market position.

Central Mine Planning & Design Institute IPO Financial: Revenue, Profit & Margins

Key financial metrics over recent years.

*Values in Cr

13861
FY23
17327
FY24
21028
FY25

Revenue

₹21028 Cr

Net Profit

₹6669 Cr

EBITDA

₹9157 Cr

ROE

36.7%

ROCE

48.6%

Debt/Equity

0x

PAT Margin

30.6%

Peer Comparison

Mining Consultancy / Infrastructure ServicesFY2025

CompanyRevenue (₹ Cr)PAT (₹ Cr)EBITDA MarginP/EMarket Cap (₹ Cr)Comment
Central Mine Planning & Design Institute Limited (IPO Company)
IPO Company
21,027.66,669.142.1%0.000Provides specialized technical, engineering, and consultancy services across the mineral extraction lifecycle, with a primary focus on the coal sector.
Engineers India Ltd (EIL)
30,875.95,797.720.7%19.900Operates as an engineering consultancy and project management firm, predominantly serving the oil, gas, and petrochemical industries.
RITES Limited (RITES)
22,178.14,236.627.2%25.200Delivers comprehensive infrastructure consultancy and engineering services, maintaining a strong emphasis on the railway and transport sectors.

Analysis & Interpretation

The peer group reflects diverse operational models within the broader engineering and consultancy landscape, catering to distinct commodities and infrastructure sectors. Variations in scale, regulatory frameworks, and specialized product mixes across these segments naturally result in divergent margin profiles and valuation metrics among the companies.

Note: The peer group includes companies with different business models and commodity exposure. Financial metrics are provided for sectoral context and may not represent direct business equivalence.

Source: Company annual reports and publicly available financial data (FY2025).

This peer comparison is for informational purposes only and is based on publicly available financial data. It does not constitute investment advice or a recommendation to buy or sell any security.

IPO Objectives (Use of Funds)

  • Offer for Sale

    ₹0 Cr(100%)

    The entire issue comprises an offer for sale, and the company will not receive any proceeds from the issue.

  • Proceeds to Selling Shareholder

    ₹NA(100%)

    All proceeds from the offer will be received by the selling shareholder(s) after deducting applicable expenses and taxes.

Note: Objectives are as per offer documents. Utilisation may vary.

Source: RHP / DRHP

For informational purposes only.

Anchor Investor List & Allocation Details

Key institutional investors who subscribed to the IPO prior to opening.

Investor NameCategoryShares AllocatedAmount (Cr)
Life Insurance Corporation of IndiaInsurance61,04,000₹105.00 Cr
Nippon Life India Asset ManagementMF61,04,000₹105.00 Cr
ICICI Prudential Mutual FundMF31,97,674₹55.00 Cr
LIC Mutual FundMF14,53,488₹25.00 Cr
Baring Private Equity India FundAIF14,53,488₹25.00 Cr
BNP Paribas Financial MarketsFPI14,53,488₹25.00 Cr
Edelweiss TrusteeshipMF11,62,790₹20.00 Cr
Societe GeneraleFPI11,62,790₹20.00 Cr
Goldman Sachs Bank EuropeFPI11,62,790₹20.00 Cr
General Insurance Corporation of IndiaOthers2,73,10,500₹469.74 Cr
Edelweiss Life Insurance CompanyInsurance2,73,10,500₹469.74 Cr
Citigroup Global MarketsFPI2,73,10,500₹469.74 Cr

SWOT Analysis (Pros & Cons)

Comprehensive analysis of Strengths, Weaknesses, Opportunities, and Threats.

Strengths

  • Largest coal and mineral consultancy in India with 61% market share
  • Wholly owned subsidiary of Coal India with Mini Ratna Category I status
  • Debt-free balance sheet with strong profitability margins of 40% EBITDA
  • Five decades of operational experience since incorporation in 1975
  • Largest fleet of exploratory drilling equipment for coal and mineral exploration
  • Seven regional institutes across major coal-producing states supporting nationwide operations

Weaknesses

  • High revenue concentration with top 10 clients contributing 95% of revenue
  • Over 67% revenue dependency on Coal India and its subsidiaries
  • Dependent on government funding for drilling and exploration activities
  • Eleven pending legal proceedings amounting to Rs 192.23 crore
  • Top 10 vendors account for 30.9% of total expenses
  • Offer for sale structure provides no fresh capital for company expansion

Opportunities

  • Indian mining consultancy sector projected to grow from Rs 2,570 crore to Rs 4,007 crore by FY30
  • Diversification into non-coal minerals supported by government mineral auction focus
  • Client base expanded from 38 in FY23 to 76 by December 2025
  • Participation in National Mineral Exploration Trust initiatives for mineral exploration
  • Expansion into environmental consultancy and solar sectors

Threats

  • Global energy transition away from coal toward renewable sources
  • Budget reallocation or policy changes affecting government funding for exploration activities
  • Technological obsolescence risk requiring continuous infrastructure upgrades
  • Revenue exposure to government entities generating 96-99.3% of total revenue
  • Contingent liabilities of Rs 210.83 crore from unresolved tax disputes

IPO Video Analysis (External)

Detailed analysis of Central Mine Planning & Design Institute IPO Analysis by market experts.

*Video embedded for convenience. Click the play button to load the content from YouTube.

Disclaimer: This video is shared for informational and educational purposes only. The views expressed are those of the respective creator and do not constitute investment advice.

Frequently Asked Questions

The Central Mine Planning & Design Institute IPO opens for subscription on Mar 20, 2026 and closes on Mar 24, 2026. Investors can bid during this period between 10 AM to 5 PM.

The price band is set at ₹163-172 per share. Retail investors need to apply for a minimum of 1 Lot, which contains 80 shares, amounting to 13760.

As of the latest update, the Grey Market Premium (GMP) for Central Mine Planning & Design Institute IPO is trading around ₹5. This indicates an estimated listing gain of -6.98% over the issue price.

The shares are proposed to be listed on Mar 30, 2026 on both BSE and NSE mainboard exchanges. The trading will commence at 10:00 AM on the listing day.

Central Mine Planning & Design Institute IPO operates in the General Market sector. You can check the detailed Valuation Analysis, SWOT Report, and Financial Metrics (Revenue/Profit) provided above on this page to make an informed decision based on your risk appetite.

The registrar for Central Mine Planning & Design Institute IPO is yet to be announced. Once announced, the registrar will be responsible for the allotment process and refund initiation.

Community Discussion

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