Central Mine Planning & Design Institute IPO To Open March 20

CMPDI, a key player in mine planning and consultancy, is gearing up for its much-anticipated public offering. The IPO is expected to attract strong interest from institutional and retail investors, given its strategic role in India’s mining and energy ecosystem.

IPO Timeline And Details
The bidding window for the CMPDI IPO will run from March 20 to March 24, 2026. Anchor investors will have the opportunity to participate earlier, on March 18. The price band has been set at ₹163–₹172 per share, reflecting the company’s valuation strategy and growth outlook.

Market Significance
CMPDI’s IPO comes at a time when India’s mining sector is undergoing modernization and expansion. The institute’s expertise in mine planning, design, and consultancy positions it as a critical enabler of sustainable resource management.

Key Highlights

• Anchor investor bidding: March 18, 2026
• IPO opens: March 20, 2026
• IPO closes: March 24, 2026
• Price band: ₹163–₹172 per share
• Focus: Mine planning, design, consultancy services

Sources: Business news announcement, IPO filings