CMPDI will free up 464 million shares, worth ₹9,558 crore, as its six‑month lock‑in ends—trading on Tuesday will see 65% of the company’s outstanding equity become eligible.
Shares closed 0.8% higher at ₹206 on Monday, after a 14% slide over the past month. The lift follows a brief rally that capped the stock at ₹283.69, a 64% jump from its IPO price of ₹172, before settling back near ₹200.
Coal India, the parent, retains an 85% stake after the June quarter—well above the 75% minimum. Mutual funds hold 4.75%, LIC India 2.39%, and 73,000 retail investors with shares up to ₹2 lakh own 3.9%.
The unlock represents a massive liquidity injection, potentially boosting volume, yet investors remain cautious amid a month‑long decline and a sector average that outpaces CMPDI’s performance.
Analysts note that the release could sharpen price discovery, but without new guidance from CMPDI, market sentiment will likely stay muted until the next quarterly filing.