Black Opal Consultants IPO – Company Analysis
Black Opal Consultants IPO is a book build issue of Rs. 55.08 Cr (0.27 crore shares) by Black Opal Consultants Limited, which 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:
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Consulting & Advisory Services.
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Exclusive Sale Arrangements: Commission or margin on the sale of underwritten/exclusively mandated inventory
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Loan Syndication Services: Commissions or success fees for arranging developer and buyer financing.
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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 Consultants IPO Details
The Black Opal Consultants IPO date is from Sep 29 to Oct 01, with IPO allotment on Oct 05, refund initiation on Oct 06, 2026. Black Opal Consultants IPO price is Rs. 185 to Rs. 197.
|
Event |
Date |
|
IPO Open Date |
September 29, 2026 |
|
IPO Close Date |
October 01, 2026 |
|
IPO Allotment Date |
October 05, 2026 |
|
Refunds / Credit of Shares |
October 06, 2026 |
|
IPO Listing Date |
October 07, 2026 |
|
Issue Type |
Book Built Issue (SME IPO) |
|
IPO Price Band |
Rs. 185 to Rs. 197 |
|
Minimum Investment (Retail) |
Rs. 2,36,400 (1200 Shares) |
|
Listing At |
BSE, SME |
Click to open demat account and apply for the IPO.
Company Financial
(Amount in Cr)
|
Period |
31 Mar 2026 |
31 Mar 2025 |
31 Mar 2024 |
|
Assets |
59.62 |
22.44 |
13.14 |
|
Total Income |
42.34 |
33.04 |
19.91 |
|
Profit After Tax |
12.20 |
11.48 |
4.32 |
|
EBITDA |
17.05 |
15.65 |
6.09 |
|
Net Worth |
32.67 |
20.41 |
8.93 |
|
Reserves & Surplus |
243.26 |
195.77 |
80.96 |
|
Total Borrowing |
9.52 |
0.20 |
1.60 |
Black Opal Consultants IPO Allotment Status and Allotment Date
The Black Opal Consultants IPO allotment date is on 05 October 2026. Investors can check Black Opal Consultants IPO allotment status using the registrar, Skyline Financial Services Pvt. Ltd. or using BSE Website- BSE IPO allotment status.
Black Opal Consultants IPO GMP (Grey Market Premium)
The Black Opal Consultants IPO GMP today has not started yet as of 25 Sep 2026, while writing this information.
Conclusion
Black Opal Consultants IPO opens from September 29 to October 1, 2026, at a price band of Rs. 185–197 and lists on BSE SME on October 7. Allotment is scheduled for October 5; check status via Skyline Financial Services or the BSE website after applying through your demat account.
Finowings IPO Analysis
Hope you enjoyed the Finowings IPO Analysis. We tried our best to give every required detail about the company that you should know before applying to the IPO.
You must consult your financial advisor before making any financial decisions.
To Apply for the IPO, Click Here.
To Read the Prospectus of the Company Click Here to Download the DRHP.
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DISCLAIMER: This blog is NOT any buy or sell recommendation. No investment or trading advice is given. The content is purely for educational and information purposes only. Always consult your eligible financial advisor for investment-related decisions.
