A subsidiary of Coal India Limited, Central Mine Planning and Design Institute (CMPDI), is planning to launch an initial public offering (IPO) worth around ₹1,300 crore in the Indian market, according to industry sources.
The proposed IPO is expected to be an offer for sale, enabling Coal India to unlock value from its consultancy and mine-planning arm. CMPDI plays a critical role in mine planning, project design, exploration, and environmental management for coal and mineral projects across the country.
The listing is part of Coal India’s broader strategy to monetise assets, improve operational efficiency, and align with the government’s push for value creation through public sector listings. The IPO is likely to draw investor interest given CMPDI’s steady revenue base and strategic importance in India’s coal and mining ecosystem.