CMPDI IPO: Coal India’s Mining Consultancy Arm Hits The Street

The Ranchi-based Mini Ratna company is raising Rs 1,838 crore entirely through an offer for sale. Issue opens March 20, closes March 24. Central Mine Planning and Design Institute Limited, better known as CMPDI, opens its IPO for subscription tomorrow — March 20 — and closes on March 24. A wholly-owned subsidiary of Coal India … Read more

India’s IPO Circuit Shrugs Off Turmoil; NSE Moves Ahead On Issue; Pipeline Steady

Despite oil at $105 and a war in the Middle East, Dalal Street’s primary market had a busy week — and the biggest deal of all may still be ahead. Global markets have spent the week in varying degrees of panic. The US-Iran conflict has sent Brent crude surging past $105 a barrel, foreign institutional … Read more