Ranchi-based CMPDI, a Coal India subsidiary, filed its draft red herring prospectus for an IPO comprising a 7.14 crore share offer for sale by Coal India. CMPDI, India’s leading coal consultancy, posted Rs 667 crore profit in FY25 with zero debt, aiming for listing to enhance operational autonomy.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets