New Delhi, March 26 -- Central Mine Planning & Design Institute IPO GMP: Central Mine Planning & Design Institute's Rs.470 crore initial public offering (IPO), the Coal India subsidiary that is set to make its stock market debut on Monday, March 30, on the BSE and NSE, received moderate investor interest. The issue managed to get across the line on the final day of bidding on Tuesday, March 24, largely driven by strong participation from qualified institutional buyers (QIBs), while the other investor categories remained undersubscribed.

The IPO had opened for public subscription on March 20 and concluded on March 24. The company had fixed the price band for the issue at Rs.163 to Rs.172 per share.

Ahead of listing on March 30, the grey ...