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Central Mine Planning & Design Institute IPO Review

Central Mine Planning & Design Institute IPO has been reviewed by 14 analysts, and the overall consensus is Strong Apply — carrying a score of 89. Out of the 14 analysts who have covered this IPO, 11 recommend subscribing while 3 advise caution or avoidance — reflecting a broadly positive view from the analyst community.

The issue is priced in the band of ₹163-172 per share, with a minimum application size of 80 shares (minimum investment of approximately ₹13,760 at the upper band). Subscription ran from 20 Mar 2026 to 24 Mar 2026. The issue size is ₹1,842 crore. As of now, the grey market premium (GMP) for Central Mine Planning & Design Institute IPO is quoting at ₹5 (3%), which gives a preliminary sense of how the street is pricing the listing — though GMP is unofficial and can swing sharply before the listing date. Scroll down for the full analyst breakdown and analyst-wise verdicts.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Analyst verdict & score

One score out of 100, aggregated from every analyst verdict tracked for this issue. How it's calculated

Sentiment score
89/ 100
Strong Apply 11 of 14 recommend subscribing
How analysts voted
Apply 11
May apply 1
Neutral 2
Not rated 4

Higher consensus indicates broader analyst agreement.

Detailed review

What the analyst reports say, grouped by the question you're likely asking.

General review

Central Mine Planning and Design Institute is a mining consultancy holding what one note describes as a 61 percent market share. Revenue was ₹2,177.53 crore in FY25 with EBITDA of ₹915.71 crore, a margin above 42 percent, and RoNW near 37 percent. Eleven of the seventeen analysts said subscribe.

Listing gains

The notes value the issue between about 17.5 and 21.7 times earnings on a market cap near ₹12,281 crore, with price to book around 5.5 times. Analysts point out this sits below listed PSU consultancy peers despite superior margins and return ratios. That discount underpinned the positive lean.

Short-term strategy

Earnings grew at a robust pace, with one note citing 23, 48 and 50 percent CAGR across key metrics over FY23 to FY25. The company also paid an interim dividend of ₹149.94 crore. The issue is entirely an offer for sale, so no fresh money reaches the company.

Long-term strategy

Several notes assign an explicitly long-term rating, resting on the dominant market position in mining consultancy, margins above 42 percent and return ratios superior to listed peers, with improving growth visibility. Being a consultancy tied to the coal and mining sector, long-term demand follows that sector's own capital spending.

How this is written: an AI-assisted summary of the 18 analyst reports listed below. It reports their views; IPO Guru does not make buy or sell recommendations.

Analyst reviews

Ordered by each analyst's track record over the past year; analysts still building one are listed last.

Latest IPO reviews

How analysts rated the most recent mainboard issues — and, where they have listed, how the call played out.

Frequently asked

Should I apply for Central Mine Planning & Design Institute IPO?

The analyst consensus for Central Mine Planning & Design Institute IPO tracked on this page is Strong Apply, with a score of 89/100. Out of 14 analysts who have reviewed this IPO, 11 recommend subscribing. IPO Guru does not make buy or sell recommendations. Read the individual analyst reports and consult a SEBI-registered advisor before investing.

What does the score of 89 mean for Central Mine Planning & Design Institute IPO?

The score of 89 is an aggregate of all analyst ratings tracked for Central Mine Planning & Design Institute IPO. A score in this range indicates strong analyst confidence — most analysts are recommending a subscribe. Read the individual analyst verdicts above for more context.

What was the actual listing price of Central Mine Planning & Design Institute IPO?

Central Mine Planning & Design Institute IPO listed on March 30, 2026 at ₹160, against the issue price of ₹172 — a loss of -6.98% (₹12 per share). View the full GMP history page for day-wise pre-listing trends.

What is the price band and lot size of Central Mine Planning & Design Institute IPO?

Central Mine Planning & Design Institute IPO was priced at ₹163-172 per share. The minimum lot size is 80 shares, making the minimum investment approximately ₹13,760 at the upper end of the price band. Subscription ran from 20 Mar 2026 to 24 Mar 2026.

Explore Central Mine Planning & Design Institute IPO further

Analyst views are one input. Read them alongside the demand, the grey market and the filings before you decide.

Central Mine Planning & Design Institute IPO review

A verdict is an opinion, not a guarantee.

IPO Guru collects analyst views, GMP, subscription and allotment for every Mainboard and SME issue. Weigh them together — and against the offer document — before you apply.

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Disclaimer: Grey Market Premium (GMP) is for information purposes and is not a guarantee of listing price. Always consult your financial advisor before investing.

Consensus
Strong Apply
Score
89 / 100
Listed at
₹160
Full IPO details