Coal India Limited announced that its wholly-owned subsidiary, Central Mine Planning & Design Institute Limited (CMPDIL), has taken a major step toward its Initial Public Offering (IPO). CMPDIL filed its final prospectus dated March 24, 2026, with the Registrar of Companies in Ranchi on March 25, 2026. The planned IPO involves an Offer for Sale of up to 107,100,000 Equity Shares with a face value of ₹2 each.
Subsidiary IPO Advancement Confirmed
Coal India Limited is providing an update regarding the proposed Initial Public Offering (IPO) of its subsidiary, Central Mine Planning & Design Institute Limited (CMPDIL). This disclosure is made pursuant to regulatory requirements concerning material information dissemination.
Prospectus Filing Details
It is confirmed that CMPDIL has proceeded with the filing of its final prospectus. The prospectus, dated March 24, 2026, was formally filed with the Registrar of Companies, Jharkhand at Ranchi on March 25, 2026. This action follows the earlier filing of the Red Herring Prospectus (RHP) on March 12, 2026.
Offer for Sale Information
The proposed IPO consists of an Offer for Sale (OFS) of up to 107,100,000 Equity Shares of CMPDIL. Each Equity Share has a face value of ₹2. This move is a significant step in unlocking value for the wholly-owned subsidiary.
Compliance Acknowledgement
This communication serves to inform stakeholders and regulatory bodies about the finalization of the prospectus filing, adhering to requisite regulatory timelines.
Source: BSE
