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HomeIPOBlack Opal Consultants
Black Opal Consultants

Black Opal Consultants

Open Date

Sep 29, 2026

Close Date

Oct 1, 2026

listed

Min Investment

₹2,36,400

Lot Size

600 Shares

Issue Size

₹55.08 Cr

Price Range

₹185 - ₹185

Listing Date

Oct 7, 2026

IPO Doc

RHP PDF

About Black Opal Consultants

Incorporated in the year 2020, Black Opal Consultants Limited collaborates with renowned real estate developers like Gaurs Group, SKA, Galaxy, Shapoorji Pallonji, Max Estates, and M3M in selling and marketing their residential and commercial projects. Black Opal Consultants Limited takes exclusive or semi-exclusive sales rights for selling and marketing certain units in the project for which they earn the commission/brokerage. Black Opal consultants limited also collaborate with its Group Entities like Aurika Homes Private Limited for selling and marketing the project of Aurika Homes in return for brokerage/commission. This strengthens the group synergies and helps in boosting up the 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 operates in both residential and commercial sectors, primarily focusing on the under-construction/ready projects. Black Opal has taken part in the development business through Aurika Developers LLP. The company’s first project “Veda” is a commercial and hospitality project located in Darshan Nagar, Ayodhya.

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₹9(+4.57%)GMP
2.28%Prediction Listing Gain

Grey Market Premium (GMP) Trend

Black Opal Consultants IPO - Issue Objectives

The company will provide ₹7 crore as refundable advances for Delhi-NCR projects. The company will invest ₹26 crore in Aurika Developers for Ayodhya’s Veda project. Part of the IPO proceeds will be used for general corporate purposes and issue expenses.

Sales/marketing mandates

15.8%

Investment in Aurika Developers LLP

58.9%

General corporate purposes

25.1%

1

Sales/marketing mandates

The company will provide ₹7 crore as refundable advances for Delhi-NCR projects.

15.80%
2

Investment in Aurika Developers LLP

The company will invest ₹26 crore in Aurika Developers for Ayodhya’s Veda project.

58.90%
3

General corporate purposes

Part of the IPO proceeds will be used for general corporate purposes and issue expenses.

25.10%

IPO Subscription Status

QIB
59.77x
NII
124.82x
Individual
60.15x
Total
73.90x

Times subscribed by category (bars capped at 10x for readability). Dashed line marks 1.0x (fully subscribed).

Financials of Black Opal Consultants

In Cr.

Contact Details

Black Opal Consultants

Shop No. 8, Ground Floor, C.S.C. AGCR Enclave, Delhi, New Delhi, 110092

+919999560810
investors@blackopalgroup.in
https://www.blackopalgroup.in/

Black Opal Consultants IPO - FAQs

Black Opal Consultants IPO is a SME IPO. The issue is priced at 185-₹197. The minimum order quantity is 600 Shares. The IPO opens on 29 Sep, and closes on 1 Oct. TBA is the registrar for the IPO. The shares are proposed to be listed on SME.








IPO Timeline

  • Pre Apply2026-09-28
  • Bidding Starts2026-09-29
  • Bidding Ends2026-10-01
  • Allotment Finalisation2026-10-05
  • Release of Funds2026-10-06
  • Demat Transfer2026-10-06
  • Listing2026-10-07

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