Central Mine Planning IPO GMP: The initial public offering (IPO) of Central Mine Planning & Design Institute (CMPDI) opened for subscription today, March 20.
CMPDI is a subsidiary of Coal India Limited and provides consultancy and planning services for mining projects, largely within the coal sector.
The IPO will remain open for subscription until Tuesday, March 24.
Here's all you need to know before you subscribe.
Central Mine Planning IPO Details
Issue Size: Through this issue, the Miniratna public sector undertaking (PSU) aims to raise Rs 1,842.12 crore.
Price Band, Lot Size: 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.
Minimum Investment: Retail investors will need to invest at least Rs 13,760 to apply for the IPO, based on the upper end of the price band.
Allotment Date: The allotment of shares is expected to be finalised on March 25. Following this, shares will be credited to investors’ demat accounts on March 27, and refunds will be issued to those who do not receive an allotment on the same day.
Listing Date: The stock is likely to make its debut on the National Stock Exchange (NSE) and the BSE (formerly Bombay Stock Exchange) on March 30.
Central Mine Planning IPO Subscription Status: Day 1
Up to 50 per cent of the CMPDI IPO is reserved for Qualified Institutional Buyers (QIBs). Retail investors have been allocated at least 35 per cent, while Non-Institutional Investors (NIIs) get a minimum of 15 per cent.
As of 11:21 AM, retail investors have subscribed 4 per cent of their quota, NIIs have booked 1 per cent, while QIB category showed nil subscription so far.
Central Mine Planning And Design Institute IPO GMP Today
The grey market premium (GMP) for Central Mine Planning IPO stands at Rs 4 as of 11:30 AM, March 20, 2026.
At the upper end of the price band of Rs 172, this translates into an estimated listing price of around Rs 176. In percentage terms, that implies a modest gain of about 2.33 per cent per share..
However, investors should be cautious in reading too much into GMP trends. The grey market is unofficial, unregulated, and often driven by short-term sentiment rather than fundamentals.
CMPDI IPO Anchor Investor List
Ahead of its IPO, CMPDI raised Rs 469.70 crore from anchor investors by allotting 2.73 crore equity shares at Rs 172 apiece.
The anchor book saw participation from several marquee investors, including Life Insurance Corporation of India, BNP Paribas Financial Markets – ODI, Citigroup Global Markets Mauritius Pvt Ltd, General Insurance Corporation of India, Goldman Sachs Bank Europe SE – ODI, ASAS Global Fund (VCC Sub Fund), and Edelweiss Life Insurance Company.
Among them, LIC received the largest allocation, worth around Rs 105 crore.
