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Coal India's CMPDI IPO price band set at ₹163-172 per share; check key dates, issue details, more

CMPDI IPO price band: Central Mine Planning &amp; Design Institute IPO price band is set between ₹163 and ₹172 per share, scheduled for March 20-24. The offering aims to raise ₹1,837.8 crore through a sale of 10.71 crore shares by Coal India.

Mar 16, 2026 &03131616202631; 03:13 UTC www.livemint.com Trending 2/5

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Positive for markets

Sentiment score: +65/100

Moderate impact Short-term (days)

WHAT THIS MEANS

Coal India's subsidiary CMPDI is launching an IPO with a price band of ₹163-172 per share, targeting to raise ₹1,837.8 crore through the sale of 10.71 crore shares. The subscription period is scheduled for March 20-24, representing a significant capital raise for the state-owned mining company.

AI CONFIDENCE

75% High

SENTIMENT GAUGE

NEWS POWER SCORE

AFFECTED ASSETS

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COALINDIA.NS

COALINDIA.NSStock

Expected to rise

Parent company Coal India benefits from subsidiary's IPO proceeds and market visibility; positive for capital structure and operational expansion

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CMPDI.NS

CMPDI.NSStock

Expected to rise

New IPO listing with strong institutional backing from Coal India; mining sector tailwinds and infrastructure demand support valuation

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^NSEBANK

^NSEBANKIndex

Expected to rise

IPO activity signals investor confidence in Indian equities; positive sentiment for banking sector handling the offering

PRICE HISTORY

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⚡ SUGGESTED ACTION

Monitor Coal India stock for pre-IPO momentum and potential post-listing volatility in CMPDI. Consider accumulating Coal India on dips as subsidiary IPO success strengthens parent company's financial position and growth prospects in the energy transition era.

KEY SIGNALS

IPO subscription period March 20-24 creates near-term trading catalyst₹1,837.8 crore raise indicates strong capital mobilization in mining sectorCoal India's strategic divestment supports government's monetization agendaPrice band of ₹163-172 suggests reasonable valuation in current market context

SECTORS INVOLVED

Mining & MetalsEnergyInfrastructureCapital Markets

Analysis generated on Mar 16, 2026 at 11:10 UTC

Disclaimer: This analysis is generated by artificial intelligence for informational purposes only and does not constitute financial advice, investment recommendation, or solicitation. Original reporting by Livemint. Always conduct your own research and consult a qualified financial advisor before making investment decisions.

Coal India's CMPDI IPO price band set at ₹163-172 per share; check key dates, issue details, more

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