About Black Opal Consultants Ltd IPO

Black Opal Consultants IPO is a Rs.55.08 crore BSE SME public issue comprising a fresh issue of 22.38 lakh equity shares and an Offer for Sale (OFS) of 5.58 lakh shares. The IPO will open on September 29 and close on October 1, 2026, with a price band of Rs.185–Rs.197 per share. Khambatta Securities Limited is the book-running lead manager, while Skyline Financial Services Private Limited is the registrar to the issue. 

The company is promoted by Prasoon Chauhan and Sheikh Arfeen Ahmed. The fresh issue proceeds will be used to secure sales and marketing mandates, invest in Aurika Developers LLP for its Ayodhya project and meet general corporate requirements.

About Black Opal Consultants Ltd. 

Incorporated in 2020, Black Opal Consultants Limited provides real estate marketing, sales and advisory services for residential and commercial projects. The company works with developers including Gaurs Group, SKA, Galaxy, Shapoorji Pallonji, Max Estates and M3M, helping market and sell specific project inventories under exclusive or semi-exclusive arrangements in return for brokerage income. 

Its services include consulting and advisory, exclusive sale arrangements, loan syndication and real estate development through group entities. The company also works with group entities such as Aurika Homes Private Limited to market and sell their projects. 

Black Opal focuses mainly on new and under-construction properties across residential and commercial segments. It has a network of more than 200 brokers and uses digital platforms such as Facebook and Google to support its marketing activities. 

The company has also entered real estate development through Aurika Developers LLP. Its first project, Veda, is a commercial and hospitality development located in Darshan Nagar, Ayodhya.

Black Opal Consultants IPO is a Rs.55.08 crore BSE SME public issue comprising a fresh issue of 22.38 lakh equity shares and an Offer for Sale (OFS) of 5.58 lakh shares. The IPO will open on September 29 and close on October 1, 2026, with a price band of Rs.185–Rs.197 per share. Khambatta Securities Limited is the book-running lead manager, while Skyline Financial Services Priv

Black Opal Consultants IPO Subscription Breakdown

Investory CategorySubscription PercentageAmount Raised (₹ Crores)
Qualified Institutional Buyers (QIBs)50%13,98,000 crores
Non-Institutional Investors (NIIs)15%4,19,400 crores
Retail Individual Investors (RIIs)35%9,78,600 crores

Black Opal Consultants IPO Strengths & Weaknesses

  • Experience in asset and project management with a track record in project sales.

  • Experienced professional team.

  • Partnerships with established developers for exclusive mandates.

  • Strong customer and broker network.

  • Entry into real estate development with a focus on Tier-II cities.

  • Focus on strengthening its agent network through training and support.

Black Opal Consultants IPO Important Dates & Issue Details

Allotment DateListing DateRefund Date
05 Oct '2607 Oct '2606 Oct '26
Issue Composition:
Face Value₹10 per share
Total Issue Size27,96,000 shares (aggregating up to To be announced)
Fresh Issue2,09,820 shares (aggregating up to ₹20,98,200 crores)
Offer for Sale55,800 shares of ₹10 (aggregating up to ₹5,58,000 crores)
Issue TypeBook building
Post-Issue Shareholding Pattern:
Pre-Issue Shareholding98.6 shares
Post-Issue Shareholding72.46 shares

Black Opal Consultants IPO Lot Size and Investment Details

Minimum Lot Size600 shares
Maximum Lot Size (Retail)--

The lot size of Black Opal Consultants ipo has been designed to ensure broad participation while maintaining optimal price discovery.

How to Apply for Black Opal Consultants IPO

  1. Log in to your Choice account
  2. Select IPO
  3. Enter the number of lots and your price
  4. Verify UPI ID
  5. Complete the transaction on your UPI app

Black Opal Consultants IPO Contact & Registrar Details

Contact Details

Address

Address

Shop No. 8, Ground Floor C.S.C. AGCR Enclave, Delhi

Phone Number

Phone Number

+91 9999560810

Email ID

Email

investors@blackopalgroup.in

Website

Website

https://www.blackopalgroup.in/

Registrar Details

Registrar Name

Registrar Name

Skyline Financial Services Pvt.Ltd.

Phone Number

Phone Number

+91 01126812682

Email ID

Email

ipo@skylinerta.com

Website

Website

https://www.skylinerta.com/ipo.php

Black Opal Consultants Lead Manager(s)

Book Running Lead Manager(s)
Khambatta Securities Ltd

Black Opal Consultants IPO FAQs

The minimum lot size is 600 shares with a price band of ₹ to ₹ per share, requiring a minimum investment of ₹.

Check allotment status on the registrar's website using PAN number or application number after the Black Opal Consultants IPO allotment date.

The listing date of Black Opal Consultants IPO is scheduled for 07 Oct '26 on NSE/BSE.

Investment decisions should be based on your risk appetite, financial goals, and a thorough analysis of the company's fundamentals and growth prospects.

Consider factors like company fundamentals, valuation, market conditions, and your investment portfolio before making any investment decision.

You can Black Opal Consultants IPO apply online through your broker's trading platform, mobile app, or through the ASBA facility via internet banking.

The Black Opal Consultants IPO allotment date and listing date are 05 Oct '26and 07 Oct '26, respectively.

Yes, you can apply through your bank's internet banking portal. The funds will remain in your account until allotment, and no need for separate IPO funding.

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