Coal India subsidiary CMPDI IPO Day 3: Check GMP, subscription status; should you invest?

Coal India subsidiary CMPDI IPO Day 3: Check GMP, subscription status; should you invest?

CMPDI’s Rs 1,842 crore IPO sees weak subscription and marginal grey market premium, indicating limited listing gains. While strong margins and institutional interest offer support, dependence on Coal India and sector risks weigh on outlook. Brokerages remain …

The Rs 1,842 crore IPO of Coal Indias subsidiary, Central Mine Planning and Design Institute Ltd (CMPDI), has reached its final day of bidding. In the grey market, it is trading at a modest premium o… [+3505 chars]

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