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CMPDI IPO: Date, Price & Details | Coal India Firm - News Directory 3

CMPDI IPO: Date, Price & Details | Coal India Firm

June 22, 2025 Catherine Williams Business
News Context
At a glance
  • The Central ⁢Mine Planning & ⁣Design Institute (CMPDI), a subsidiary of Coal India Ltd., is moving forward with its initial public offering (IPO).
  • Manoj Kumar, chairman and managing director of CMPDI, confirmed the IPO plans.
  • Based in Ranchi,CMPDI serves as the‍ primary technical and consulting arm for India's coal sector.
Original source: zeebiz.com

CMPDI, a Coal India subsidiary, is preparing for its IPO, aiming to bolster mine ⁢planning and⁤ research amid a push toward clean coal technology. This strategic ‍move involves filing the Draft Red Herring Prospectus (DRHP) to formally launch the listing process, with manoj Kumar, CMPDI’s chairman, confirming the IPO plans and commitment ⁤to regulatory compliance. Based in Ranchi, the company is ⁢the primary technical arm for India’s coal⁤ sector, focusing on exploration, digital mining, and clean coal ⁤initiatives. With initiatives including carbon capture and 5G-enabled ⁤digital mining,CMPDI is ⁣positioned as a key player and a company of interest‍ for energy investors; News Directory‍ 3 follows it.⁢ Discover what’s next to support India’s energy needs.

Key Points

  • CMPDI, a Coal India subsidiary, files for an IPO.
  • The company focuses on mine ⁣planning and R&D.
  • CMPDI aids in clean coal initiatives and sustainability.
  • Projects include carbon capture and digital mining.

CMPDI ⁣Gears Up for⁣ IPO Amid Clean coal Technology Push

⁢ Updated June⁣ 22, 2025
⁢ ⁣

The Central ⁢Mine Planning & ⁣Design Institute (CMPDI), a subsidiary of Coal India Ltd., is moving forward with its initial public offering (IPO). The company recently submitted its Draft Red Herring Prospectus (DRHP), formally initiating the listing process.This⁤ IPO aims to bolster CMPDI’s efforts in mine planning,research and growth,and the adoption of enduring⁢ practices within ⁢the coal industry.

Manoj Kumar, chairman and managing director of CMPDI, confirmed the IPO plans. “We have submitted the DRHP and are currently awaiting the first set of observations from SEBI,” ⁤Kumar said. “Since the filing has been done, we are committed to following the due process as per regulatory ⁤requirements to ensure ‍a smooth and compliant listing.”

Based in Ranchi,CMPDI serves as the‍ primary technical and consulting arm for India’s coal sector. the company‍ supports Coal India and the Ministry of Coal in ‍key areas,including exploration,digital⁣ mining technologies,and clean coal initiatives. With coal powering‍ nearly 70%⁢ of India’s electricity, CMPDI’s focus on cleaner and more efficient coal use ‍positions it as a key player in energy innovation and a company to⁤ watch for investors⁤ interested in the energy sector.

CMPDI’s ‍current major projects include:

  • Carbon⁢ capture and conversion of CO₂ to methanol
  • Underground⁤ Coal Gasification (UCG)
  • 5G-enabled digital mining systems
  • IoT and AI-based mine safety technologies
  • Development⁢ of low-cost, indigenous⁣ perovskite solar cells

What’s next

CMPDI will continue to work with SEBI to ⁣finalize the IPO process. The company’s focus remains on advancing sustainable mining practices ⁢and clean coal technology to support India’s energy needs.

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Related

CMPDI compliance filing, CMPDI DRHP submission, CMPDI initial public offering, CMPDI IPO, CMPDI IPO 2026, CMPDI listing process, CMPDI listing update, CMPDI public offering, CMPDI SEBI review, Coal India subsidiary IPO

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