Coal India subsidiary CMPDIL files RHP for IPO

Coal India Limited (CIL) has informed stock exchanges that Central Mine Planning and Design Institute Limited (CMPDIL), its wholly owned subsidiary, filed a Red Herring Prospectus (RHP) dated March 12, 2026 with the Securities and Exchange Board of India (SEBI), BSE Limited (BSE), and the National Stock Exchange of India Limited (NSE) for a proposed initial public offering (IPO).

The proposed IPO is structured entirely as an offer for sale (OFS) of up to 10.71 crore equity shares by Coal India Limited. As a result, CMPDIL will not receive any fresh capital from the issue, and the proceeds will be received by CIL as the selling shareholder.

The filing remains subject to applicable regulatory approvals and prevailing market conditions.

CMPDIL functions as the technical and consultancy arm of CIL. The company provides mine planning, design, and geological services, primarily to the coal sector. CMPDIL is headquartered in Ranchi, Jharkhand.

The filing of the RHP marks a key step in the IPO process following the review of the Draft Red Herring Prospectus by SEBI. The RHP stage generally precedes the launch of the public issue by several weeks, although the company has not announced the final dates for the offering.