Coal India Files RHP for IPO of Subsidiary CMPDIL; Offer for Sale of 10.71 Crore Shares Proposed

Shares of Coal India Ltd are in focus after the company announced that its wholly owned subsidiary, Central Mine Planning and Design Institute Limited (CMPDIL), has filed a Red Herring Prospectus (RHP) with SEBI for its proposed initial public offering. The IPO will comprise an offer for sale of up to 107,100,000 equity shares by Coal India Limited, subject to regulatory approvals and market conditions. Over the past year, Coal India Ltd shares have touched a 52-week high of Rs 476 on March 13, 2026, and a 52-week low of Rs 356 on April 7, 2025.

Offer for Sale (OFS) of up to 107,100,000 equity shares by Coal India Limited.

The proposed Initial Public Offering (IPO) involves an offer for sale of up to 107,100,000 equity shares by the parent company, Coal India Limited.

About Central Mine Planning and Design Institute Limited

Central Mine Planning and Design Institute Limited (CMPDIL) is a wholly owned subsidiary of Coal India Limited and serves as a key technical and consultancy arm for the coal sector in India. The company primarily provides mine planning, exploration, engineering, and consultancy services related to coal and mineral resources.

CMPDIL plays an important role in coal exploration, mine development planning, and geological studies, supporting Coal India and other mining projects across the country. The company is also involved in environmental management, mining technology, and infrastructure planning, helping improve operational efficiency and sustainability in the mining sector.

About Coal India Limited

Coal India Limited is a Maharatna public sector undertaking and the largest coal-producing company in the world, primarily engaged in the mining and production of coal. The company operates under the Ministry of Coal, Government of India, and plays a critical role in meeting the country’s energy requirements by supplying coal to major sectors such as power generation, steel, cement, and other industries.

Coal India operates through several subsidiaries across different coalfields in India, undertaking activities related to coal mining, exploration, production, and distribution. The company is a key contributor to India’s energy security and remains one of the most important public sector enterprises in the country.

Coal India Limited currently has a market capitalisation of Rs 2,87,646 crore. The company has reported a Return on Capital Employed (ROCE) of 48.0 per cent and a Return on Equity (ROE) of 38.9 per cent. Over the past three years, the company has maintained a ROE track record of around 48.7 per cent. Additionally, the stock offers a dividend yield of about 5.66 per cent, and the company has maintained a dividend payout ratio of approximately 45.1 per cent.

Disclaimer: The article is for informational purposes only and not investment advice.