CMPDI IPO day 2, March 23 -- The initial public offering (IPO) of Central Mine Planning & Design Institute (CPMDI) Ltd opened on 20 March 2026 and will remain open until 24 March 2026. The company has declared the CMPDI IPO price band at Rs.163 to Rs.172 per share. The company aims to raise Rs.1,842 crore from its initial offer, which is 100% Offer for Sale (OFS). Therefore, the success or failure of the public issue won't affect the company's balance sheet, as the net proceeds won't be recorded in the company's books.

Meanwhile, the company's shares are available in the grey market today. According to market observers, the company's shares are trading at a premium of Rs.2 in the grey market today. This means the CMPDI IPO GMP (Grey Mark...