Central Mine Planning & Design Institute Ltd. | Globe Capital Market LTD.
Central Mine Planning & Design Institute Ltd.
Closed
Price Band
₹163 to ₹172
IPO Issue Period
20 to 24 Mar, 2026
Issue Size
₹1,842 Cr
Face value
₹2 per share
Fresh issue
NIL
Offer for sale
₹1,842 Cr
Minimum Shares for Retail
80 Shares
Employee Discount
₹8.00
Listing on
BSE, NSE
Issue Type
Book Built Issue - IPO
Registrar to the Issue
Kfin Technologies Ltd.
Tentative Listing Date
Fri, Mar 20, 2026
QIB
50%
NII
15%
Retail
35%

IDBI Capital Markets Services Ltd.
SBI Capital Markets Ltd.

Founded in 1974, Central Mine Planning & Design Institute Limited (CMPDI) is India’s premier consultancy for the coal and mineral sectors. As a subsidiary of Coal India Limited, the firm commands a massive 61.0% market share (FY25), serving as the primary technical architect for the nation’s coal production.

CMPDI operates through four specialized verticals: Geological Exploration, Mine Planning, Environmental Management, and Geomatics. Its operational scale is significant, featuring one of India’s largest exploratory drilling fleets and a network of seven regional institutes and eight specialized laboratories.

The company’s technical pedigree is evidenced by its capacity to design massive open-cast mines producing up to 85 million tonnes annually. Furthermore, CMPDI is actively diversifying beyond coal. Under the National Mineral Exploration and Development Trust, it is expanding its footprint into strategic minerals including bauxite, copper, and zinc. With its deep-moat technical expertise and dominant market position, CMPDI remains the fundamental backbone of India’s mineral resource security.

For the year/period ended (Rs. in Cr.)

FY25 FY24 FY23
Total Revenue 2177.53 1770.18 1398.78
Profit After Tax 666.91 503.23 296.66
EPS 9.3 7.0 4.2
EBITDA Margin (%) 42.1 43.2 28.3
PAT Margin (%) 30.6 28.4 21.2

 

For year/ period ended ( in Cr.)

Company Name Market Cap (Cr.) Price P/BV P/E Sales (Cr.)
FY25
Net Profits(Cr.)
FY25
Central Mine Planning & Design Institute Ltd 12281* 172 6.01 21.65 2177.53 666.91
Engineers India Limited 10538 188 3.88 13.6 3088 580
RITES Limited 9144 190 3.53 22.2 2218 424

*Market cap @upper band

 

  • 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

The Company CENTRAL MINE PLANNING & DESIGN INSTITUTE LIMITED IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:

  • The company will not receive any proceeds from the Offer.

At the upper band of IPO Rs. 172, the stock is valued at 21.65 P/E multiple. Hence, well-informed investors subscribe for medium to long term perspective.

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