New Delhi, March 17 -- Central Mine Planning & Design Institute IPO: Amid heightened stock market volatility due to increased geopolitical risks, the initial public offering (IPO) of Coal India-backed Central Mine Planning & Design Institute is set to open for public subscription on Friday, March 20, and will remain open till Tuesday, March 24. The anchor investor bidding date is Wednesday, March 18.
Ahead of the IPO, the issue is garnering decent interest in the grey market, as the stock's latest grey market premium (GMP) suggests it will list with adouble-digit premium. As per grey market sources, the Central Mine Planning & Design Institute IPO GMP on Tuesday morning was Rs.22, which suggested the stock could list at Rs.194 on Indian ...
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