Central Mine Planning & Design Institute IPO

About Central Mine Planning IPO

The Central Mine Planning (CMPDI) IPO opens on Friday, March 20, 2026 and closes on Tuesday, March 24, 2026. The allotment of shares will take place on Wednesday, March 25, 2026. The credit of shares to the demat account will take place on Friday, March 27, 2026. The initiation of refunds will take place on Friday, March 27, 2026. The listing of shares will take place on Monday, March 30, 2026.

The CMPDI IPO offer consists of an offer for sale component. The offer for sale portion includes 10.71 crore shares of ₹1,842.12 crores. The total number of shares and aggregate amount are 10,71,00,000 shares (aggregating up to ₹1,842 crores).

Central Mine Planning (CMPDI) IPO price band is set at ₹163 to ₹172 per share. The lot size for an application is 80. The minimum amount of investment required by a retail investor is ₹13,760 (80 shares) (based on upper price). The lot size investment required for sNIIs is 15 lots (1,200 shares), amounting to ₹2,06,400, and for bNIIs, it is 73 lots (5,840 shares), amounting to ₹10,04,480.

Central Mine Planning & Design Institute (CMPDI), a subsidiary of Coal India Limited (CIL) with Mini Ratna (Category I) status, is a leading mining consultancy organisation. They provide consultancy and engineering services in the fields of exploration, mining, environmental engineering and environmental management. The company operates through its headquarters at Ranchi and seven Regional Institutes strategically located to cater to the demand of CIL.

Objectives of Central Mine Planning (CMPDI) IPO

• To carry out the offer for sale of up to 107,100,000 equity shares of face value of ₹ 2 each of their company by the promoter selling shareholder aggregating up to ₹1,842.12 crores.

• Achieve the benefits of listing the equity shares on the stock exchanges.

• Enhance their visibility and brand image and provide liquidity and a public market for the equity shares in India.

Industry Outlook

The global mining consultancy market is projected to experience significant growth from 2024 to 2031.

The Indian mining consultancy sector is projected to witness significant growth, with revenues expected to reach ₹ 4327.400 crores by Fiscal 2030, representing a growth rate of 4.8% (5-year CAGR) from ₹ 3425.20 crores in Fiscal 2025, driven by increasing demand, favourable industry dynamics and technological advancements. Mining consultancy services constitute a specialized segment within the broader mining industry, providing integrated technical, engineering and advisory solutions across the entire mineral asset lifecycle. These services support the systematic identification, evaluation, development and optimisation of mineral resources through geological exploration, resource estimation, mine planning and design, techno-economic assessment, regulatory compliance, environmental management and operational efficiency enhancement. (Source: CRISIL Report)

About Central Mine Planning & Design Institute (CMPDI) Company

Central Mine Planning & Design Institute offers consultancy and support services for the entire spectrum of coal and mineral exploration, mine planning, and design services. Their services include infrastructure engineering, environmental management, geomatics, specialised technology services, and management systems, primarily for the coal industry as well as for other minerals. Their services span the entire lifecycle of mining operations, from initial exploration to mine closure.

The company was incorporated on 1 November 1975 as a wholly owned subsidiary of Coal India Limited. They were conferred Mini Ratna (Category II) status in 2009 and upgraded to Mini Ratna (Category I) status in 2019. With almost five decades of experience and having published over 320 project reports in the last decade, they have continuously adapted to the changing industry landscape, integrating advanced technologies and practices that enhance operational efficiency and safety. They have evolved as pioneers in introducing new and suitable technologies in the exploration and mining sectors. (Source: CRISIL Report)

Strengths of Central Mine Planning & Design Institute (CMPDI)

• Multidisciplinary organisation offering a comprehensive range of services.

• Key consulting partner to Coal India Limited and the Ministry of Coal with a diverse client base.

• Extensive expertise in executing exploration projects.

• Advanced infrastructure supporting a spectrum of services.

• Operations driven by the strong parentage of Coal India Limited.

• Experienced management team supported by a committed employee base.

• Consistent track record of growth and financial performance.

Risks of Central Mine Planning & Design Institute (CMPDI)

• Any decline in demand for their services from Coal India Limited and/or its subsidiaries.

• Any decline in demand for their geological exploration and resource evaluation services.

• Work stoppages, increased wage demands by their employees, or an increase in minimum wages.

• Any failure to effectively maintain or upgrade their equipment and machinery infrastructure.

• Seasonal changes and variations such as monsoon conditions or extreme temperatures.

• Their business largely depends upon their top 10 clients.

• Significantly depend on their top 10 vendors in their exploration activities.

• They are dependent on government funding for their drilling and exploration activities.

• Changes in technology may render their current technologies obsolete.

To be included in respect of the company in the Prospectus based on the Offer Price (1) Financial information of Central Mine Planning & Design Institute is derived from the Restated Financial Information as certified by Deoki Bijay & Co., Chartered Accountants pursuant to their certificate dated March 12, 2026. (2) Source: Annual report/financial statements of the peer companies for the Fiscal 2025 submitted to stock exchanges. Notes: 1. All the financial information for listed industry peers mentioned above is on a consolidated basis. 2. For Listed Peers, P/E ratio is calculated as respective closing share price as of March 5, 2026 at BSE, divided by the respective diluted EPS for year ended March 31, 2025. 3. Basic and diluted EPS refers to the diluted EPS sourced from the financial statements of the respective peer group companies. 4. For Listed Peers, NAV per equity share represents net worth as of the end of the financial year ended March 31, 2025 divided by the number of equity shares (i.e., equity shares and instruments entirely equity in nature) outstanding at the end of the year. 5. RoNW is calculated as restated profit after tax divided by average net worth as of the last day of the relevant year. Average net worth of a particular year is the sum of opening net worth and closing net worth divided by two 6. Pursuant to resolutions passed by the Board and the Shareholders of the company in their respective meetings held on April;28, 2025 the authorised share capital of the company was sub-divided from 1,500,000 equity shares of face value of ₹ 1,000 each into 750,000,000 equity shares of face value of ₹2 each. Accordingly, the issued, subscribed and paid-up equity share capital of the company was sub-divided from 1,428,000 equity shares of face value of ₹ 1,000 per equity share to 714,000,000 equity shares of face value of ₹ 2 per equity share. Sub-division of shares has been considered for the computation of EPS and NAV of the company.

Anchor Investor Bidding Date: Wednesday, March 18, 2026

CMPDI IPO Registrar: KFin Technologies Limited

Book Running Lead Managers:

• IDBI Capital Markets & Securities Limited

• SBI Capital Markets Limited

Central Mine Planning & Design Institute (CMPDI) Business Model

The company earns its revenue through the following:

• Geological exploration and resource evaluation

• Mine planning and design services

• Environmental planning and monitoring services

• Geomatics, remote sensing and survey services

Central Mine Planning & Design Institute (CMPDI) Growth Trajectory

Central Mine Planning & Design Institute’s Total Income for FY25 was ₹2177.530 crores, whereas in FY24 and FY23 it was ₹1770.180 crores and ₹1398.780 crores, respectively.

The Profit After Tax for FY25 was ₹666.910 crores, whereas in FY24 and FY23 it was ₹503.230 crores and ₹296.660 crores, respectively.

Their EBITDA for FY25 was ₹915.710 crores, whereas in FY24 and FY23 it was ₹764.440 crores and ₹395.650 crores, respectively.

Central Mine Planning & Design Institute (CMPDI) Market Position

The company is the largest coal and mineral consultancy in India in terms of market share in Fiscal 2025 and is the preferred consultant for Coal India Limited. (Source: CRISIL Report)

As of 31st March 2025, the company’s Total Income, Profit After Tax, and EBITDA were ₹2177.530 crores, ₹666.910 crores, and ₹915.710 crores, respectively.

How to apply for Central Mine Planning (CMPDI) IPO?

• Step 1: Log in to your Kotak Neo Demat account - Log in to your Demat account to access IPO investments. Next, select the current IPO section.

• Step 2: Specify IPO details - Enter the number of lots and the price you wish to apply for.

• Step 3: Enter UPI ID - After entering your UPI ID, click submit. This will place your bid with the exchange.

• Step 4: Mandate Notification - Your UPI app will receive a mandate notification to block funds.

• Step 5: Approve Request - Your funds will be blocked once you approve the mandate request on your UPI.