JSA is advising Central Mine Planning & Design Institute Limited (CMPDI) in relation to its proposed initial public offering (IPO) of equity shares. The IPO comprises an offer for sale of up to 71,400,000 equity shares by Coal India Limited. CMPDI filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) and the stock exchanges on May 27, 2025.

The proposed offering is part of the Government of India’s broader disinvestment initiative and marks a key milestone for CMPDI, a premier consultancy in coal exploration, mine planning, and design.

The transaction team was led by Arka Mookerjee (Lead Partner), with support from Equity capital markets team, Pracheta Bhattacharya (Partner), Sourav Modi (Principal Associate), and Aditya Shendye (Associate), Dhvanit Kothari (Associate), Nikhil Panchal (Associate), and Bernedict Rozario (Associate).