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Central Mine Planning IPO, a Coal India Subsidiary, Reaches 10% Subscription on Day 2 – GMP Details Here
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Coal India Arm CMPDIL IPO Subscribed 10% on Day 2; GMP Flat
M
Moneycontrol
•
23-03-2026, 12:47
Coal India Arm CMPDIL IPO Subscribed 10% on Day 2; GMP Flat
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Central Mine Planning and Design Institute (CMPDIL) IPO subscribed 10% on its second day.
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The state-owned Coal India arm received bids for 77.18 lakh shares against 7.97 crore shares on offer.
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Retail Individual Investors (RIIs) saw 14% subscription, while non-institutional investors reached 7%.
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CMPDIL previously raised Rs 470 crore from anchor investors for its Rs 1,842-crore IPO.
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The IPO, with a price band of Rs 163-172 per share, concludes on March 24; GMP is flat.
Read Full Article on Moneycontrol in English
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