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CMPDIL IPO, Coal India Subsidiary, Achieves Full Subscription
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Coal India's Arm CMPDIL IPO Fully Subscribed on Closing Day
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News18
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24-03-2026, 20:00
Coal India's Arm CMPDIL IPO Fully Subscribed on Closing Day
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Central Mine Planning & Design Institute Ltd (CMPDIL) IPO fully subscribed on its closing day.
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The Rs 1,842-crore IPO received 1.05 times subscription, with bids for 8,37,16,560 shares against 7,97,89,500 shares on offer.
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Qualified Institutional Buyers (QIBs) quota subscribed 3.48 times; non-institutional investors 35% and Retail Individual Investors (RIIs) 33%.
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CMPDIL raised Rs 470 crore from anchor investors.
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The IPO is an offer-for-sale (OFS) of 10.71 crore shares by Coal India, with no fresh issue component.
Read Full Article on News18 in English
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