About the Company
The company does surveys, geological studies, mine layouts, environmental plans, and project management for coal mining. Its services cover everything from exploration to closure of mines.
Main customer is Coal India subsidiaries (95% revenue), with some private and international clients. It operates across India with offices in Ranchi, Kolkata, and project sites.
READ FULL DRHP HERE: DRHP CENTRAL MINE PLANNING
IPO Details
| Detail | Information |
|---|---|
| IPO Name | Central Mine Planning & Design Institute Ltd IPO |
| Exchange | NSE / BSE (Mainboard) |
| IPO Type | Book Built |
| Issue Size | ₹1,842 Cr |
| Fresh Issue | ₹0 Cr |
| OFS | ₹1,842 Cr |
| Price Band | ₹163 – ₹172 |
| Lot Size | 80 shares |
| Minimum Investment | ₹13,760 |
| Listing Date | March 30, 2026 |
| Registrar | Kfin tech tech |
| SME/Mainboard | Mainboard |
REGISTRAR: CLICK HERE
How the Company Will Use IPO Money
No fresh money for company—this is 100% Offer For Sale. Government selling shares to public. Company gets nothing for projects or expansion.
Key Financial Metrics (Use DRHP Audited Financials)
| Metric | FY23 | FY24 | FY25 |
|---|---|---|---|
| Revenue (₹ Cr) | 441 | 585 | 681 |
| EBITDA (₹ Cr) | 121 | 198 | 243 |
| EBITDA Margin | 27% | 34% | 36% |
| PAT (₹ Cr) | 84 | 154 | 210 |
| PAT Margin | 19% | 26% | 31% |
| EPS (₹) | - | - | 2.95 |
| Net Worth (₹ Cr) | 590 | 720 | 950 |
| Debt (₹ Cr) | 0 | 0 | 0 |
| Debt-to-Equity Ratio | 0 | 0 | 0 |
| ROE % | 14% | 21% | 22% |
| ROCE % | 15% | 27% | 26% |
| Assets / Liabilities | 780 / 190 | 950 / 230 | 1,250 / 300 |
Revenue grew 54% from FY23 to FY25. PAT more than doubled to ₹210 Cr, margins improved sharply. Zero debt, strong ROE/ROCE above 20%.
Strengths
- Revenue up 54%, PAT up 150% in two years.
- Debt-free with high cash reserves.
- Monopoly-like position as Coal India subsidiary (95% clients).
- Government backing and 50+ years expertise.
- Steady demand from India’s coal sector growth.
Key Concerns & Risks
- 95% revenue from Coal India—one big client risk.
- Coal phase-down policies may hurt long-term demand.
- Government ownership means less flexibility.
- Limited private/international clients currently.
- OFS by government dilutes no new capital for growth.