Central Mine Planning & Design Institute IPO Update

IPO Details

• ₹1,842 crore IPO size, priced at ₹163 to ₹172 per share
• ₹12,280 crore valuation at the upper end of the price band
• 10.71 crore shares offered through an offer-for-sale (OFS) by Coal India
• ₹470 crore raised from anchor investors last Wednesday

Subscription Update

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• The IPO was subscribed 1.05 times by the end of Day 3
• QIB segment: 3.48 times subscription
• Retail Individual Investors: 33% subscribed of their allotted portion
• Non-Institutional Investors: 35% subscribed
• Employee and Shareholder Portion: 21% and 36% subscribed, respectively
• Total bids received for 8,37,13,200 shares against the total offer of 7,97,89,500 shares

Grey Market Premium (GMP)

• The grey market premium (GMP) for Central Mine Planning IPO is currently at ₹9 (as of March 26)
• Expected listing price: ₹181, up 5.23% from the issue price

Issue Timeline

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• IPO opened for public subscription on March 20
• Concluded on March 24
• Listing on the BSE and NSE on March 30