Central Mine Planning & Design Institute
add_icon

Central Mine Planning & Design Institute IPO

IPO Open Now
₹13,040
0.06 xOver-subscribed
Bidding Dates 20 Mar, 26 -24 Mar, 26
Min Investment ₹13,040
Lot Size80
Price Range ₹163 – ₹172
Issue Size ₹1,842.12 Cr.
Download Doc
IPO Subscription Details
Retail Subscription Details
0.1 x
Non-Institutional Buyers (sHNI)
0.07 x
Non-Institutional Buyers (bHNI)
0.03 x
Qualified Institutional Buyers (QIB)
0 x
Employees
0.06 x
Total
0.06 x
IPO Timeline
IPO Offer Start
20 Mar,26
IPO Offer Ends
24 Mar,26
Allotment Finalisation
25 Mar,26
Refund Initiation
27 Mar,26
Listing of Shares
30 Mar,26

IPO Analysis

Strengths
Strenghts

The company is a multidisciplinary organization offering comprehensive services encompassing the entire spectrum from coal and mineral exploration, mine planning and design services, environmental services, geomatics services, laboratory services, coal beneficiation services and up to mine closure activities under one roof.

Strenghts

The company provides consultancy services to Coal India Limited and its subsidiaries across various domains. The company's client base grew from 38 clients as of March 31, 2023 to 76 clients as of December 31, 2025, generating ₹6,920.8 million from external clients in Fiscal 2025.

Strenghts

With around 50 years of experience, the company has executed over 700 geological reports relating to integrated coal exploration projects in the preceding ten years and prepared over 300 hydrogeological reports since April 1, 2021.

Risks
Risk

The company derives 93.8% to 95.8% of its revenue from operations from its top 10 clients across recent periods. Loss of any major client could significantly impact business operations and financial performance.

Risk

Coal India Limited and its subsidiaries account for 66.0% to 82.7% of the company's revenue from operations. Any decline in demand from this key client group could materially impact business and cash flows.

Risk

The company relies on government funding through Central Sector Scheme (35.0% to 40.9% of revenue) and NMET funding for drilling and exploration activities. Policy changes or budget reallocations could adversely affect operations.

Objectives

The company aims to carry out an Offer for Sale of up to equity shares by the Promoter Selling Shareholder. The company will not receive any proceeds from this offer as all proceeds will go to the Promoter Selling Shareholder.

The company seeks to achieve the benefits of listing the Equity Shares on the Stock Exchanges to enhance visibility and brand image and provide liquidity and a public market for the Equity Shares in India.

Yearly Financial Results

Annual Financials
Mar 2023
Mar 2024
Mar 2025
Revenue
1386.09
1732.69
2102.76
Expenses
1031.83
1037.34
1295.39
Other Income
12.69
37.49
74.77
Total Revenue
1398.78
1770.18
2177.53
Profit Before Tax
366.95
732.84
882.14
Net Profit
296.66
503.23
666.91

Balance Sheet

Balance Sheet
Mar 2023
Mar 2024
Mar 2025
Total Assets
1919.53
2171.37
2682.80
Current Assets
1598.50
1889.96
2400.60
Fixed Assets
321.03
281.41
282.20
Total Equity & Liabilities
1919.53
2171.37
2682.80
Total Liabilities
701.88
579.76
640.95
Current Liabilities
599.21
477.50
553.48
Non Current Liabilities
102.67
102.26
87.47
Total Equity
1217.65
1591.61
2041.85

Cash Flow

Cash Flow
Mar 2023
Mar 2024
Mar 2025
Net Cash Flow
204.34
-103.11
25.28
Investing Activities
-100.86
-229.92
-444.64
Operating Activities
399.41
246.26
671.14
Financing Activities
-94.21
-119.45
-201.22

About Central Mine Planning & Design Institute

The company is a subsidiary of Coal India Limited with Miniratna (Category I) status and is one of the largest coal and mineral consultancy companies in India with 61.0% market share in Fiscal 2025. The company offers consultancy and support services for the entire spectrum of coal and mineral exploration,...more
Managing DirectorChaudhari Shivraj Singh