CMPDIL IPO GMP: Public issue of Coal India’s subsidiary opens for subscription, check listing date
Mumbai: The initial public offering (IPO) of Central Mine Planning & Design Institute (CMPDIL), a subsidiary of state-owned Coal India, is now open for subscription. The three-day subscription window will close on March 24, 2026. Ahead of its IPO, the company mobilised Rs 470 crore from anchor investors. According to a circular uploaded on BSE's website, among the anchor investors were Life Insurance Corporation of India (LIC), Nippon India Mutual Fund (MF), Edelweiss MF, and ICICI Prudential MF. The issue of CMPDIL, incorporated in 1975 as a wholly-owned subsidiary of Coal India, is entirely an offer for sale (OFS) of…