Coal India arm CMPDI to launch IPO on March 20. All it is advisable to know
As the problem is totally an OFS, CMPDI won’t obtain any proceeds from the provide, and the funds raised will go to the promoting shareholders. The corporate plans to listing its shares on each the BSE and the NSE, with a tentative itemizing date of March 30.
CMPDI IPO value band
The value band, lot dimension and whole challenge dimension in rupee phrases are but to be introduced. IDBI Capital Markets has been appointed because the book-running lead supervisor, whereas Kfin Applied sciences will act because the registrar to the problem.
CMPDI IPO construction
Underneath the proposed allocation construction, about 50% of the provide can be reserved for certified institutional patrons (QIBs), 35% can be allotted to retail traders and a minimal of 15% to non-institutional traders. The IPO can even have shareholder and worker reservation classes, with eligibility for the shareholder quota prolonged to traders holding shares in Coal India.
About CMPDI
Integrated in 1974, CMPDI gives consultancy and technical providers throughout your entire worth chain of coal and mineral exploration, mine planning and mine design. The corporate helps mining initiatives by way of providers comparable to geological exploration, environmental planning, distant sensing, surveying and infrastructure engineering.
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CMPDI is among the largest coal and mineral consultancy firms in India, commanding a 61% market share in FY25, and serves as the popular consulting companion to Coal India, the world’s largest coal producer.The corporate operates by way of a number of enterprise verticals, together with geological exploration and useful resource analysis, mine planning and design, environmental monitoring, and geomatics and distant sensing providers.
CMPDI has important technical infrastructure to assist these actions. As of March 2025, the corporate operated one of many largest fleets of exploratory drilling gear for coal and mineral exploration in India.
Its operations are supported by seven regional institutes positioned in key coal-producing states comparable to Madhya Pradesh, Chhattisgarh, Odisha and West Bengal, which assist execute initiatives and coordinate intently with mining operations on the bottom.
The corporate has additionally demonstrated capabilities in planning large-scale mining initiatives. It has designed open-cast mines with manufacturing capacities of as much as 85 million tonnes yearly and mining depths reaching 420 metres.
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As well as, CMPDI operates eight laboratories throughout main coalfields that concentrate on coal testing and high quality evaluation. The corporate additionally participates in mineral exploration initiatives supported by the Nationwide Mineral Exploration Belief (NMET). As of December 2025, it had submitted 11 exploration proposals for minerals comparable to bauxite, copper, magnetite and zinc, of which six initiatives have been authorised and 4 accomplished.
Financials
Financially, CMPDI has delivered constant development lately. The corporate reported income of Rs 2,177 crore in FY25, up from Rs 1,770 crore in FY24. Revenue after tax rose to Rs 667 crore in FY25, in contrast with Rs 503 crore a 12 months earlier.
For the 9 months ended December 2025, the corporate posted income of Rs 1,544 crore and revenue after tax of Rs 425 crore.
The federal government presently holds CMPDI by way of the President of India performing by way of the Ministry of Coal and Coal India, which collectively personal 100% of the corporate previous to the IPO.
(Disclaimer: Suggestions, recommendations, views and opinions given by the consultants are their very own. These don’t characterize the views of Financial Instances)