CMPDI’s IPO opens March 20, 2026, with a price band of ₹163–₹172 per share and closes March 24. The ₹1,842 crore issue is entirely an offer for sale of 10.71 crore shares. Analysts highlight strong fundamentals, though GMP trends will guide investor sentiment.
CMPDI, a government-owned consultancy under Coal India, is launching its maiden IPO. The issue is fully an offer for sale, meaning proceeds will go to promoters and selling shareholders.
Price Band And Size
The IPO is priced between ₹163–₹172 per share, with a minimum lot size of 80 shares. The total issue size is ₹1,842 crore.
Dates And Listing
Open date: March 20, 2026
Close date: March 24, 2026
Anchor investors: March 18, 2026
Listing date: March 30, 2026 on NSE and BSE.
Grey Market Premium (GMP)
Market watchers report early GMP trends indicating moderate investor interest, though final subscription levels will depend on institutional demand.
Key Highlights
• IPO size ₹1,842 crore, 100% offer for sale
• Price band ₹163–₹172 per share
• Lot size 80 shares, face value ₹2
• Opens March 20, closes March 24, listing March 30
• GMP trends suggest cautious optimism among investors
Sources: Business Standard, India Today, The Hindu BusinessLine, MyInvestmentIdeas, IPO Market Reports 2026