Central Mine Planning IPO GMP - Live Grey Market Premium

Ongoing
Central Mine Planning IPO

Central Mine Planning & Design Institute Limited (CMPDI), established in 1974, is a Mini Ratna (Category I) PSU and a wholly-owned subsidiary of Coal India Limited (CIL). Headquartered in Ranchi, it is India’s premier consultancy for coal and mineral exploration, mine planning, and infrastructure design. Holding a dominant 61% market share in its sector (FY25), the company acts as a strategic technical advisor to the Ministry of Coal and CIL, operating through seven regional institutes and eight specialized laboratories across India's key coalfields.

Issue Price
172
Current GMP
0
GMP %
0.00
Est. Listing Price
172
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IPO Details

Price Range
₹163.0 - ₹172.0
Issue Size
₹1,842.12 Cr
Lot Size
80 shares
IPO Type
Mainboard
Open Date
20 Mar 2026
Close Date
24 Mar 2026
Allotment Date
25 Mar 2026
Listing Date
30 Mar 2026

GMP Timeline

DateIPO PriceGMPEst. Price% Change
20 Mar 2026Live
172
0
172
0.00
19 Mar 2026
172
4
176
+2.33
18 Mar 2026
172
4
176
+2.33
17 Mar 2026
172
11
183
+6.40
16 Mar 2026
172
22
194
+12.79
15 Mar 2026
172
19
191
+11.05
14 Mar 2026
172
19
191
+11.05
13 Mar 2026
172
24
196
+13.95
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Important Notes About Grey Market Premium

Grey Market Premium (GMP) is an unofficial value that indicates investor sentiment before the IPO listing. It is the premium amount at which IPO shares are traded in the grey market before they are officially listed on the stock exchange.

GMP fluctuates based on market conditions and investor sentiment. A positive GMP suggests the market expects the stock to list above its issue price, while a negative GMP suggests it may list below the issue price.

The actual listing price may differ from the estimated price based on GMP due to market conditions on the listing day. GMP is not an official indicator and should not be the sole basis for investment decisions.

IPOwiz updates the GMP values regularly, but these values are sourced from unofficial channels and should be used as a reference only.

Frequently Asked Questions

What is GMP (Grey Market Premium)?
GMP (Grey Market Premium) is the premium at which IPO shares are traded in the unofficial market before official listing. It indicates market sentiment and expected listing price. A positive GMP suggests strong demand, while negative GMP indicates weak market sentiment.
What is the current GMP for Central Mine Planning IPO?
Currently, there is no GMP data available for Central Mine Planning IPO. GMP values are updated regularly and may not be available for all IPOs.
What is the estimated listing price based on current GMP?
Estimated listing price cannot be calculated as GMP data is not currently available for Central Mine Planning IPO.
How is GMP calculated?
GMP is determined by market demand and supply in the unofficial grey market. It's the difference between the expected listing price and the issue price. Higher GMP indicates strong demand and investor confidence, while lower or negative GMP suggests weak demand.
Is GMP reliable for IPO investment decisions?
GMP provides market sentiment but shouldn't be the sole factor for investment decisions. It's unofficial and can change daily. Consider company fundamentals, financials, market conditions, and your risk appetite before investing. GMP is a reference indicator, not a guarantee.
Can GMP change before listing?
Yes, GMP is highly volatile and can change daily based on market conditions, subscription levels, overall market sentiment, and news about the company. The GMP you see today may be different tomorrow, and it can change until 30 March 2026.
What happens if GMP is negative?
A negative GMP indicates the stock may list below the issue price, suggesting weak market demand. However, actual listing price may differ from GMP predictions, and negative GMP doesn't guarantee a loss.
How does GMP affect IPO subscription?
High GMP often correlates with high subscription rates as investors expect good listing gains. However, this isn't always true. Some IPOs with high GMP may have lower subscription if investors are cautious. GMP reflects market sentiment, which can influence subscription behavior.