CMPDI IPO Price Band Set at Rs 163-172; Subscription Opens March 20

Central Mine Planning Design Institute (CMPDI), a subsidiary of Coal India, has set its IPO price band between Rs 163 and Rs 172 per share. The offer consists solely of an offer-for-sale of 10.71 crore shares by Coal India, with no fresh issue component. The IPO subscription opens on March 20 and closes on March 24, while allocation to anchor investors is scheduled for March 18.