CMPDI IPO GMP Climbs to 13% Before Friday's Issue Launch

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CMPDIL IPO GMP Jumps 13% Ahead of Friday Opening

Central Mine Planning and Design Institute IPO GMP rises.

M

Moneycontrol•17-03-2026, 17:37

CMPDIL IPO GMP Jumps 13% Ahead of Friday Opening

•Central Mine Planning and Design Institute (CMPDIL) IPO's Grey Market Premium (GMP) rose to 13% before its issue opens on Friday.
•The Coal India arm's Rs 1,842-crore IPO will be open for subscription from March 20 to March 24.
•Shares are commanding a GMP of about 13%, indicating a listing gain of 12.79%.
•The price band is fixed at Rs 163 to Rs 172 per share, valuing the company at Rs 12,280 crore.
•CMPDIL, a Coal India subsidiary, offers consultancy and support services for coal and mineral exploration, mine planning, and design.

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