Central Mine Planning and Design Institute (CMPDIL), a subsidiary of Coal India, has mobilised ₹470 crore from anchor investors before its upcoming IPO on March 20.
The price band for the public issue has been fixed at Rs 163-172 per share. The value of the company is at around Rs 12,280 crore at the higher end.
The IPO of Central Mine Planning and Design Institute, a unit of Coal India, saw 4% subscription on Day 1 and this highlights a muted investor response. The com ...
The price band has been fixed at Rs 163-172 per share, valuing the company at around Rs 12,280 crore at the higher end, the company announced.