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The shares of the company, which is a wholly owned subsidiary of Coal India Limited, made a poor stock market debut today, Mar 30, 2026. The shares of the company were listed at a discount of nearly 7 percent to the issue price.

The shares of the company are listed on the National Stock Exchange. The shares of the company were opened at Rs 160/-. The shares of the company are traded at a discount of 6.98 percent. The shares of the company are listed on the BSE. The shares of the company were opened at Rs 162.80/-. The shares of the company are traded at a discount of 5.35 percent. It must be noted that the company is issuing an IPO for 1,842 crore rupees, and the company is a pure offer for sale by the promoter of Coal India.

The company is in the business of providing exploration, planning, and consultancy services to its major client Coal India. The company has a huge market share of 61 percent in the Indian market for mineral consultancy services. It must be noted that the company is in the business of consultancy services to its major client Coal India, and more than 90 percent of the revenue is generated from the same client.