Central Mine Planning IPO GMP: The initial public offering (IPO) of Central Mine Planning & Design Institute (CMPDI) opened for subscription today, March 20.
Central Mine Planning IPO GMP: The initial public offering (IPO) of Central Mine Planning & Design Institute (CMPDI) opened for subscription today, March 20.
The company has fixed a price band of Rs 163 to Rs 172 per share. Investors will have to apply for a minimum of 80 shares, and in multiples of 80 thereafter. Through this issue, the Miniratna public sector undertaking (PSU) aims to raise Rs 1,842.12 crore.
The IPO will remain open for subscription until Tuesday, March 24.
CMPDI is a subsidiary of Coal India Limited and provides consultancy and planning services for mining projects, largely within the coal sector.
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