India, March 23 -- Central Mine Planning & Design Institute received bids for 2,02,84,720 shares as against 7,97,89,500 shares on offer, according to stock exchange data at 17:00 IST on Monday (23 March 2026). The issue was subscribed 0.25 times.
The issue opened for bidding on 20 March 2026 and it will close on 24 March 2026. The price band of the IPO is fixed between Rs 163 and 172 per share. An investor can bid for a minimum of 80 equity shares and in multiples thereof.
The issue comprises an offer for sale of 107,100,000 equity shares of Rs 2 face value by the promoters of the company, i.e., Coal India.
The offer being only for sale, no proceeds from the issue accrue to the company apart from listing benefits.
Central Mine Planning...
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