Black Opal Consultants Ltd. IPO

Black Opal Consultants Ltd., established in 2020, operates in the Realty sector. The company's IPO will open on September 29, 2026 and close on October 1, 2026, with an issue price of ₹197. The Black Opal Consultants Ltd. IPO is a book-built issue of ₹55.08 Cr, with a price band of ₹185 to ₹197 per share. The issue includes a total of 27.96 Lakh shares on offer.
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Min Investment
₹ 1,18,200 / 600 shares
Price Range
₹185 - ₹ 197
Bidding Dates
29 Sep '26 - 1 Oct '26
Total Issue Value
55.08 Cr
Lot Size
600
Total Issue Size
55.08 Cr
Listing At

IPO Timeline

  • 29 Sep 2026
    Bidding Starts
  • 1 Oct 2026
    Bidding Ends
  • 5 Oct 2026
    Allotment Finalization
  • 7 Oct 2026
    Listing

About Black Opal Consultants Ltd.

Our Company business is to facilitate the sale of residential and commercial properties developed by the reputed developers in lieu of brokerage. The Company partners with the reputed developers to facilitate such sales. The Company specializes in selling luxury properties and has worked with reputed developers such as Gaurs Group, SKA, Galaxy, Shapoorji Pallonji, Max Estates and M3M. Black Opal Consultants Limited has successfully sold over 2,000 units as on the date of this Draft Red Herring Prospectus, leveraging the Promoters’ 18 years of experience in the real estate and banking sector. The Company has executed multiple projects in collaboration with over 25 developers and a network of 200+ broker associates across its offices in the Delhi-NCR.

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Parent organisation
Founded
Black Opal Consultants Ltd.
2020

Black Opal Consultants Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 7,96,800 (28.5%)
Market Makers 1,39,800 (5%)
Non Institutional Investors 3,98,400 (14.25%)
Qualified Institutional Buyers (QIBs) 5,31,000 (18.99%)
Retail Individual Investors (RIIs) 9,30,000 (33.26%)

Black Opal Consultants Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2025 38.95 Cr 11.51 Cr 19.38 Cr
31 Mar 2024 23.46 Cr 4.32 Cr 7.87 Cr

Black Opal Consultants Ltd. Background

Major Events And Milestones
  • 2020
    Commenced Real Estate Advisory Business with office set up in Delhi.
  • 2022
    Established our Noida Office and expanded our employee base.
  • 2023
    Entered into an Agreement through our subsidiary with Deep Mindz, our Technical collaborator for initial development of Justhomz, a tech platform.
  • 2024
    Established associations with over 200 Brokers.
  • 2025
    Made strategic investments in Aurika Developers LLP, involved in developing real estate project in Ayodhya.
    Conversion of our Company from private limited company to public limited company and subsequent change of name of our Company from “Black Opal Consultants Private Limited” to “Black Opal Consultants Limited”
Black Opal Consultants Ltd. Object of Issues

1. Funding for securing Sales/Marketing mandates
2. Investment in Aurika Developers LLP, one of our Group Entity, for financing the development of its Ayodhya Project
3. General corporate purposes

Black Opal Consultants Ltd. IPO Listing Details
Listing Date
7 Oct 2026
ISIN
INE0M3101012
Final Issue Price
₹ 197
Black Opal Consultants Ltd. Company Promoters

1. Mr. Prasoon Chauhan
2. Mr. Sheikh Arfeen Ahmed

Industry Overview

Residential developers have nearly doubled new launches over the past six years, with supply rising to 412,500?units in CY’24 and projected to reach 474,000?units by CY’25P a y-o-y uptick of 14.9%. This expansion is driven by rising household formation were young professionals and ... Read more

Black Opal Consultants Ltd. Contact Details
Address: Shop No. 8, Ground Floor, C.S.C. AGCR Enclave, Delhi Delhi - 110092
Phone no:9999560810
9999560810
|
Black Opal Consultants Ltd. IPO Registrar
Skyline Financial Services Pvt. Ltd.
D-153 A, 1st Floor, Okhla Industrial Area, Phase-I, New Delhi Delhi - 110020
40450193 - 97
Black Opal Consultants Ltd. IPO Lead Manager(s)
Khambatta Securities Ltd.
806, World Trade Tower, Tower B, Noida Sector-16, Noida Uttar Pradesh - 201301
4415469, 9953989693

FAQs

When does Black Opal Consultants Ltd. IPO opens and closes?

Black Opal Consultants Ltd. IPO opens from 29th September to 1st October 2026.

What is the size of Black Opal Consultants Ltd. IPO?

The size of the Black Opal Consultants Ltd. IPO is ₹55.08 Cr.

What is the price range of Black Opal Consultants Ltd. IPO?

The price range of Black Opal Consultants Ltd. IPO is at ₹185 to ₹197 per share.

What is the minimum investment and lot size required for the Black Opal Consultants Ltd. IPO?

The minimum investment required is ₹1,18,200 and minimum lot size is 600 shares.

When is Black Opal Consultants Ltd. IPO listing date?

The Black Opal Consultants Ltd. IPO will be listed on 7th October 2026.

What is the objective of Black Opal Consultants Ltd. IPO?

1. Funding for securing Sales/Marketing mandates
2. Investment in Aurika Developers LLP, one of our Group Entity, for financing the development of its Ayodhya Project
3. General corporate purposes

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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