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₹ 236400
₹185- ₹197
600
₹200
1.52
1 Oct 2026
Download6 Oct 2026
7 Oct 2026
Application Details
Black Opal Consultants IPO is a book build issue of ₹55.08 crores. The issue is a combination of fresh issue of 22.38 lakh shares aggregating to ₹44.09 crores and offer for sale of 5.58 lakh shares aggregating to ₹10.99 crores.
Black Opal Consultants IPO opens for subscription on Sep 29, 2026 and closes on Oct 1, 2026. The allotment for the Black Opal Consultants IPO is expected to be finalized on Oct 5, 2026. Black Opal Consultants IPO will list on the BSE SME with a tentative listing date fixed as Oct 7, 2026.
Black Opal Consultants IPO is set issue price band at ₹185 to ₹197 per share. The lot size for an application is 600 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,36,400 (1,200 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (1,800 shares), amounting to ₹3,54,600.
Khambatta Securities Ltd. is the book running lead manager and Skyline Financial Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Share India Securities Ltd.
About Black Opal Consultants (SME)
Incorporated in 2020, Black Opal Consultants Limited works with well-known real estate developers such as Gaurs Group, SKA, Galaxy, Shapoorji Pallonji, Max Estates, and M3M to market and sell their residential and commercial projects. The Company signs exclusive or semi-exclusive sales rights to market and sell specific units within a project in return for brokerage income. The Company also works with its Group Entities, such as Aurika Homes Private Limited to market and sell Aurika Homes’ projects in return for brokerage income. This helps strengthen group synergies and enhances business growth.
Service Offerings:
- Consulting & Advisory Services
- Exclusive Sale Arrangements: Commission or margin on the sale of underwritten/exclusively mandated inventorie
- Loan Syndication Services: Commissions or success fees for arranging developer and buyer financing.
- Real Estate Development through group entities operating in Tier -II cities in India
The Company works in both residential and commercial segments, mainly focusing on new and under-construction properties. It supports developers in selling their projects and helps customers buy properties. Black Opal has a network of more than 200 brokers, which helps expand its reach. It also uses platforms like Facebook and Google for marketing.
Black Opal has entered the development business through Aurika Developers LLP. Its first project, “Veda”, is a commercial and hospitality project in Darshan Nagar, Ayodhya.
Key strengths
- In-depth Asset & Project Management Expertise and Proven Track Record in Project Sales
- Experienced Professional Team
- Strategic Partnerships with Developers such as Gaurs Group, SKA, Shapoorji Pallonji, Max Estates, and M3M for Exclusive Mandate
- Strong and Reputed Customer Base
- Strategic Foray into High-Margin Real Estate Development with Tier II City Focus Strengthen Agent Network Through Training and Support
FAQ
IPO stands for "Initial Public Offering." It's the process through which a privately-held company becomes publicly traded by offering its shares to the general public and listing them on a stock exchange for trading. This allows the company to raise capital from investors and grants individuals and institutions the opportunity to invest in and own a portion of the company.
The life cycle of an IPO, or Initial Public Offering, begins with a company's decision to go public. It involves hiring underwriters, registering with regulatory authorities, determining the IPO price, marketing to investors, and the subscription period where investors place orders for shares. After allocation and listing, shares become publicly tradable, and the company enters the secondary market. Ongoing reporting and corporate governance are crucial as the company continues to operate as a publicly-traded entity. The IPO aims to raise capital for growth and provides investors with opportunities to trade shares in the company.
An IPO (Initial Public Offering) is when a private company goes public by selling shares to the public. Investors buy these shares, giving them ownership in the company. It's a way for companies to raise capital and expand. The process involves underwriters, regulatory filings, setting the IPO price, and marketing to investors. After the IPO, shares can be traded on a stock exchange. IPOs offer opportunities and risks, so investors should research and consider carefully.
"Upcoming IPOs" refers to initial public offerings that have been announced by private companies but have not yet occurred. These are companies that plan to go public in the near future by issuing shares to the public and listing them on a stock exchange. Investors often keep an eye on upcoming IPOs as they represent opportunities to invest in companies at their early stages of public trading, potentially capturing growth potential. These offerings are typically accompanied by significant media and investor attention as they approach their launch dates.