New Delhi, March 16 -- Coal India's CMPDI IPO GMP has risen by over 11% ahead of the offer launch. Looking at the recent trends, in light of geopolitical tensions and market fluctuations, the grey market, subscription figures, and potential listing profits no longer mirror previous trends.

Post the announcement of CMPDI IPO price band today, Central Mine Planning & Design Institute IPO GMP or CMPDI IPO GMP today is trading + 19. Considering the upper end of the IPO price band and the current premium in the grey market, the estimated listing price of Central Mine Planning & Design Institute shares is indicated as Rs.191 apiece, which is 11.05% higher than the IPO price of Rs.172.

Analyzing the IPO market, while new listings are still app...