New Delhi, March 30 -- Central Mine Planning & Design Institute share price made a dull debut in the Indian stock market on Monday, March 30. The shares of Central Mine Planning listed at 7% discount to the IPO price of Rs.172.

Central Mine Planning share price opened at Rs.160 on NSE and Rs.162.80 on BSE on Monday. This means that the IPO allottees made a loss of 7% over the Central Mine Planning & Design Institute IPO (CMPDI IPO) listing.

The listing of the CMPDI IPO came in below the market expectations. Ahead of the debut, the GMP of CMPDI IPO was Rs.5. The estimated listing price was Rs.177, which is 2.91% higher than the IPO price.

CMPDI IPO was open for subscription from March 20 to March 24, while the IPO allotment was finalise...