NATIONAL| INDIA, NEW DELHI, MUMBAI 18^th MARCH, 2026 (GPN/ SACHIN MURDESHWAR  8108510506):–  Central Mine Planning & Design Institute Limited, which is a wholly-owned subsidiary of Coal India Limited, and it offers consultancy and support services for the entire spectrum of coal and mineral exploration and mine planning and design services, has garnered Rs 469.7 crore from anchor investors ahead of its initial public offering that opens for public subscription on Friday, March 20, 2026.

The company informed the bourses that it allocated 2, 73, 10, 500 equity shares at Rs 172 per share to anchor investors.

Some of the marquee institutions that participated in the anchor include Life Insurance Corporation of India, BNP Paribas Financial Markets – ODI, Citigroup Global Markets Mauritius Private Ltd, General Insurance Corporation of India, Goldman Sachs Bank Europe SE – ODI, ASAS Global Fund Incorporated VCC Sub Fund and Edelweiss Life Insurance Company.

Amongst equity- oriented schemes, the company has allocated shares to ICICI Prudential Dividend Yield Equity Fund, LIC MF Large Cap Fund LIC19 and Nippon Life India Trustee Ltd – Nippon India Small Cap Fund.

Out of the total allocation of 2,73, 10, 500 equity shares to the anchor investors, 1, 19, 18, 800 were allocated to 4 domestic mutual funds through 9 schemes.

IDBI Capital Markets & Securities Limited and SBI Capital Markets Limited are the book-running lead managers, and KFin Technologies Limited is the registrar of the offer.

IPO Details

The IPO is an offer for sale for up to 107,100,000 equity shares by promoter, Coal India Limited. The issue size is Rs 1,842.1 crore based on upper price band.

The Initial Public Offering (“IPO” or “Issue”) of the company will open on Friday, March 20, 2026, and closing on – Tuesday, March 24, 2026.

Investors can bid for a minimum of 80 Equity Shares and in multiples of 80 Equity Shares thereafter.

The Offer is being made through the book-building process, wherein not more than 50% of the net offer is allocated to qualified institutional buyers, and not less than 15% and 35% of the net offer is assigned to non-institutional bidders and retail individual bidders respectively.

Company Information

The company was incorporated on November 1, 1975, as a wholly owned subsidiary of Coal India Limited, and it offers consultancy and support services for the entire spectrum of coal and mineral exploration and mine planning and design services. Its services also include infrastructure engineering, environmental management, geomatics, specialized technology services, and management systems, primarily for the coal industry as well as for other minerals.

The company is one of the largest coal and mineral consultancy companies in India in terms 61.0% of market share in Fiscal 2025 and is the preferred consultant for Coal India Limited. (Source: CRISIL Report). Its services span the entire lifecycle of mining operations, ranging from initial exploration to closure of mines.

The company was conferred the status of Mini Ratna (Category II) company in 2009 and was further upgraded to the status of Mini Ratna (Category I) company in 2019. With almost five decades of experience and having published over 320 project reports in the last decade, the company has continuously adapted to the changing landscape of the industry, integrating advanced technologies and practices that enhance operational efficiency and safety.

The company has evolved as a pioneer in introducing new and suitable technology in the exploration and mining sectors. (Source: CRISIL Report).

It assists the ministry of coal in strategic decisions and initiatives relating to coal-sector at the national level, for instance, through maintaining inventories of coal deposits, coal mining potentials, and operations. The company also assists ministry of petroleum and natural gas (MoP&NG) for matters related to coalbed methane (CBM). It functions as the nodal agency on behalf of government of India (GoI) for schemes funded by the ministry of coal including science and technology projects, exploration work in non-Coal India Limited blocks and for projects funded by Coal India Limited Research and Development (R&D) Board.

The company acts as the implementing agency for coal based non-conventional energy resources, including CBM. It serves as the liaison between ministry of coal, Coal India Limited, and coal producing companies on technical and operational matters. The company also acts as the in-house consultant and advisor for other coal-producing companies within the Coal India Limited group.

The company is also equipped with advanced infrastructure to support their diverse range of activities, including one of the largest fleets of exploratory drills for coal and minerals in India, as of March 31, 2025. (Source: CRISIL Report)

As of December 31, 2025, the company operates seven regional institutes in key coal-producing states such as Madhya Pradesh, Chhattisgarh, Odisha, and West Bengal, facilitating on-ground project management and collaboration with local mining operations. The company’s facilities and capabilities are designed to ensure that the company can deliver high-quality services and solutions across all its verticals.

The company has planned open-cast mines with an annual production capacity of up to 85 million tonnes and depths of up to 420 meters. For underground mines, they have planned for capacities up to 7.5 million tonnes per annum.

The company’s revenue from operations was Rs 1,489.6 crore for the nine-months period ended December 31, 2025 and its net profit was Rs 425.3 crore.Its revenue from operations was Rs 2,102.7 crore during FY25 as against Rs 1,386 crore during FY23.Its net profit was Rs 666.9 crore during FY25 as against Rs 296.6 crore.

BSE link for reference: https://www.bseindia.com/downloads/UploadDocs/Notices/20260318-47/20260318-47.pdf