Coal India's CMPDI IPO price band set at ₹163-172 per share; check key dates, issue details, more
Analysis of this story by livemint_markets · 16 Mar 2026, 8:43 AM IST (about 2 months ago)
AI Analysis
The IPO of a Coal India subsidiary highlights the government's ongoing efforts to divest and unlock value from public sector undertakings. It provides a new investment avenue in the mining consultancy space.
Trading Insight
Investors should analyze the company's financials and growth prospects within the given price band before subscribing to the IPO.
Quick check: COALINDIA bullish bias (overbought), TATASTEEL bearish bias (oversold).
Key Evidence
- •CMPDI IPO price band is set between ₹163 and ₹172 per share.
- •The IPO is scheduled for March 20-24.
- •The offering aims to raise ₹1,837.8 crore.
- •10.71 crore shares will be sold by Coal India.
- •Risk flag: IPO pricing can be aggressive.
Affected Stocks
COALINDIACoal India
Mixed
Parent company of CMPDI; the IPO could lead to value unlocking or a re-evaluation of the parent company's assets.
Sectors:metals
Sources and updates
Original source: livemint_markets
Published: 16 Mar 2026, 8:43 AM IST
Last updated on Anadi News: 16 Mar 2026, 9:00 AM IST
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