CMPDI share price: Stock lists at 7% discount on NSE; here's how much investors lost per lot

The stock started listed at ₹160 apiece on the National Stock Exchange (NSE), reflecting a discount of 6.98% against the IPO issue price of ₹172 apiece.

On the BSE, the scrip started trading at ₹162.80, down 5.35% from the issue price.

CMPDI share price: Here's how much investors made per lot

The ₹1,842 crore initial public offering, with a price band of ₹163 to ₹172 per share, was exclusively an offer for sale (OFS) of 10.71 crore shares by promoter Coal India Ltd.

"Our company expects that listing of the equity shares will enhance our visibility and brand image and provide liquidity and a public market for the equity shares in India," CMPDI said in its red herring prospectus (RHP).

The initial share sale was subscribed 1.05 times, with bids for 8,37,16,560 shares as against 7,97,89,500 shares on offer, according to the BSE data.

Before the IPO, the company had collected ₹469.74 crore from the anchor investors, including Life Insurance Corporation of India (LIC), ICICI Prudential Mutual Fund (MF), Edelweiss MF, Edelweiss Life Insurance Company, Goldman Sachs, Baring Private Equity India Fund, Nippon India MF, Societe Generale, Citigroup, BNP Paribas Financial and General Insurance Corporation of India.

CMPDI is engaged in offering consultancy and support services for coal and mineral exploration and mine planning and design services. The company's services include geomatics, infrastructure engineering, environmental management, specialised technology services and management systems, mostly for the coal industry and other minerals.