Coal India Subsidiary CMPDI IPO Review – GMP, Price, Financials | Should You Apply or Avoid? #shorts

Coal India Subsidiary central mine planning and design IPO Review – GMP, Price, Financials | Should You Apply or Avoid? #shorts

Central Mine Planning & Design Institute (CMPDI) IPO 2026 is a ₹1,842 crore mainboard coal and minerals consultancy play from Coal India’s stable—but should you apply for listing gains or only as a long-term PSU bet?

IPO details: ₹1,842.12 crore mainboard issue (100% OFS of 10.71 crore shares by Coal India/government); price band ₹163–₹172; lot size 80 shares (min ~₹13,760); IPO opens 20 Mar, closes 24 Mar; listing 30 Mar 2026 NSE+BSE.

Business: CMPDI is Coal India’s wholly owned consultancy subsidiary providing end-to-end services in coal and mineral exploration, mine planning and design, environmental management, and beneficiation from concept to commissioning. Its key strength is a quasi-monopoly position in India’s coal mine planning with deep technical expertise, a large in-house drilling and survey fleet, and growing diversification into critical minerals and overseas mining advisory.
​

Financials: Revenue from operations is up ~57% over three years to ₹2,177 crore in FY25 from ₹1,398 crore in FY23 and ₹1,770 crore in FY24. PAT has more than doubled from ₹296 crore in FY23 to ₹503 crore in FY24 and ₹666 crore in FY25, with PAT margin at a strong ~31.7% in FY25; the big positive is asset-light, high-margin cash generation, while key watchpoints are dependence on Coal India and policy risk around coal.

Use of funds: As this is a pure OFS, CMPDI will not receive any IPO money; all proceeds go to Coal India/government as part of the disinvestment programme. That means growth capex and diversification beyond coal will need to be funded from internal accruals and future budgeted spends rather than fresh equity capital.

GMP today: Grey-market premium is hovering around ₹18–₹20 per share, implying roughly ~10–12% listing gain over the upper band, indicating a healthy sentiment for this PSU consultancy issue.

One-line view: This IPO looks attractive for conservative PSU and dividend-focused investors who are okay with policy and coal-dependence risk, with a reasonable chance of healthy listing gains but longer-term returns closely tied to Coal India’s capex and India’s energy transition path.

cmpdi ipo, cmpdi ipo review, cmpdi ipo gmp today, cmpdi ipo price band, cmpdi ipo dates 2026, cmpdi ipo apply or avoid, coal india subsidiary ipo, mining consultancy ipo, coal and minerals consulting ipo, psu ipo 2026, government disinvestment ipo 2026, mainboard ipo 2026, listing gain ipo 2026, cmpdi financials fy25, high margin consultancy ipo, india mining services ipo, upcoming ipo 2026 india, indian psu stocks 2026, indian ipo review 2026, stockbox ipo shorts

Видео Coal India Subsidiary CMPDI IPO Review – GMP, Price, Financials | Should You Apply or Avoid? #shorts канала StockBox