Coal India's Subsidiary CMPDIL Files for IPO Launching March 20, 2026

Coal India's wholly owned subsidiary, Central Mine Planning and Design Institute Limited (CMPDIL), has filed its Red Herring Prospectus with SEBI, BSE, and NSE to initiate an initial public offering (IPO) scheduled to open on March 20 and close on March 24, 2026. The IPO is an offer for sale of approximately 107.1 million equity shares by Coal India, with no fresh capital raised by CMPDIL. The shares will be listed on BSE and NSE, with allocations for qualified institutional buyers, retail investors, shareholders, and employees. The offering is subject to regulatory approvals and market conditions. CMPDIL provides consultancy services in coal exploration, mine planning, and related fields, supporting Coal India's operations and subsidiaries.