IPO bound Coal India arm CMPDIL garners Rs 470 crore from anchor investors

March 18, 2026

Central Mine Planning and Design Institute (CMPDIL) has raised Rs 470 crore from anchor investors, including LIC and several mutual funds, ahead of its Rs 1,842-crore IPO. The initial share sale, an offer for sale by Coal India, opens for public subscription on March 20 with a price band of Rs 163-Rs 172 per share.

More To Explore

RBI proposes easing rules for mutual funds, insurers to acquire higher stake in banks

The RBI has proposed one-time approval for mutual funds, insurers and pension funds to increase bank shareholding up to 10% without repeated regulatory clearance. The

July 14, 2026

Rs 1,839 crore Biocon block deal: ICICI Pru MF biggest buyer along with Citi and Goldman Sachs

Mylan sold a ₹1,839 crore stake in Biocon through a block deal, attracting strong institutional demand. ICICI Prudential Mutual Fund emerged as the largest buyer,

July 14, 2026

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information.

The information on this website does not constitute investment advice or a recommendation or a solicitation to engage in any investment activity. This website and its content are not intended for residents of the UAE, US, Canada, Australia, UK, Russia, North Korea, China, Japan, Hong Kong, Singapore and Iran.

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003