Black Opal Consultants Ltd IPO - Check Issue Date, Price, Lot Size & Details with BlinkX.

Black Opal Consultants Ltd IPO

Black Opal Consultants Limited facilitates the sale of residential and commercial properties developed by reputed builders in exchange for brokerage. Specializing in luxury properties, the Company has partnered with developers such as Gaurs Group, SKA, Galaxy, Shapoorji Pallonji, Max Estates, and M3M, successfully selling over 2,000 units through a network of 200+ brokers. Backed by 18 years of promoter experience, the Company also markets inventories of its Group Entities like Aurika Homes Private Limited, creating a synergistic ecosystem to capture opportunities in India's fast-growing Tier-II real estate markets.

Black Opal Consultants Ltd IPO Details

Total Shares Offered

₹ 27,96,000

Offer to Public

5,58,000

Retail Max (Shares)

₹ 9,29,670

Pre Issue Promoters Holding

₹ 79,37,100

Exchange

BSE

Issue size

₹ 55.08 Cr

IPO Open Date

Sep 29, 2026

Close Date

Oct 1, 2026

Lot Size

1200

Min Investment

₹ 2,22,000

Issue Type

Book Building - SME

Listing Date

Oct 7, 2026

Black Opal Consultants Ltd IPO Dates

Sep 29, 2026

Opening date

Oct 1, 2026

Closing date

Oct 5, 2026

Basis of Allotment

Oct 6, 2026

Initiation of Refunds

Oct 6, 2026

Credit of Shares

Oct 7, 2026

Listing date

Details

Sector	Type
Sector	Construction
Sub Sector	NA
Issue Type	Book Building - SME

Subscription Status

*Values are in Lakhs

Investor Type	Subscription Times	Shares Offered*
QIB	0x	1328100
NII	0x	398430
Retail	0x	929670
Employee	0x	0
Total	0x	2796000

Investor Type

QIB

NII

Retail

Employee

Total

Subscription Times

1328100

398430

929670

2796000

Black Opal Consultants Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)

Particulars (in Rs. Crores)	FY23	FY22	FY21
Revenue from operations	32.86	19.75	7.88
EBITDA	15.59	6.05	2.26
PAT	11.51	4.32	1.47
Total Assets	15.93	4.46	3.02
Share Capital	0.83	0.83	0.83
Total Borrowings	12.11	3.79	2.89
Operating Activities (Net Cash)	11.60	4.45	1.61
Investing Activities (Net Cash)	3.99	6.30	1.68
Financing Activities (Net Cash)	12.11	3.79	2.89
Net Cashflow	1.66	1.63	0.20

About Black Opal Consultants Ltd

Our Company was originally incorporated on September 01, 2020 as Black Opal Consultants Private Limited under the provisions of the Companies Act, 2013 vide Certificate of Incorporation dated September 06, 2020, bearing Corporate Identification Number U70109DL2020PTC369011 issued by the Registrar of Companies, Central Registration Centre. Subsequently, our Company was converted into a public limited company pursuant to a resolution passed by the Board of Directors of our Company in their meeting held on February 10, 2025 and a Shareholder's resolution passed at the Extra-Ordinary General Meeting of our Company held on February 14, 2025 and consequently, the name of our Company was changed to `Black Opal Consultants Limited' and a fresh certificate of incorporation dated April 07, 2025, was issued by the Registrar of Companies, Central Processing Centre. The Corporate Identification Number of our Company is U70109DL2020PLC369011.

The Indian real estate industry is a key driver of economic growth, comprising residential, commercial, and retail segments. It is fueled by rapid urbanization, infrastructure expansion, and rising demand for quality housing and workspaces. Reforms such as RERA and GST have improved transparency and regulation, while increasing institutional investment and digital adoption are enhancing efficiency. With supportive government initiatives like affordable housing and smart cities, the sector is poised for steady and sustainable growth across India's expanding urban landscape.

Peer Comparison:

Homesfy Realty Ltd

Black Opal Consultants Ltd Key Points

Strengths

Strong, experienced and dedicated senior management team and qualified workforce.

Acquisition in Aurika Developers LLP.

Ability to provide good services and customer satisfaction.

Ability to scout for new opportunities and capitalising the same.

Consistent track record of growth and financial performance.

Risk

The company generates a substantial portion of its revenue from a limited number of key customers, and the company does not maintain long-term contractual arrangements with them. Accordingly, any reduction in the volume of business from such customers, or the termination or non-renewal of existing project specific arrangements, could have a material adverse effect on the company's business, cash flows, financial condition, and results of operations.

The company operations are geographically concentrated in two states i.e. Uttar Pradesh and Haryana, and any adverse developments in these markets may materially and adversely affect its business, financial condition, and results of operations.

The company's revenue is significantly dependent on its brokerage and related activities, which exposes the company to certain business and operational risks.

Strategy

Expand Developer Mandates and Strengthen Inventory Partnerships.

Deepen Market Penetration in NCR Market.

Strengthen Agent Network Through Training and Support.

Strategic Entry into Real Estate Development Business.

Leveraging Premium Housing Demand.

How To Apply for Black Opal Consultants Ltd IPO Online?

Step 1:

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

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

Black Opal Consultants Ltd's IPO offers shares for up to 44.09 It begins on Sep 29, 2026 and ends on Oct 1, 2026.

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

The price of Black Opal Consultants Ltd IPO ranges between ₹185 to ₹197 per share.

What are the open and close dates for the Black Opal Consultants Ltd IPO?

The Black Opal Consultants Ltd IPO opens on Sep 29, 2026 and closes on Oct 1, 2026.

When will the Black Opal Consultants Ltd IPO be allotted?

The allotment for the Black Opal Consultants Ltd IPO will be finalised on Oct 5, 2026. The shares will be listed on BSE and NSE on Oct 7, 2026.

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

The minimum lot size for Black Opal Consultants Ltd IPO is 1200 shares, priced between ₹185 to ₹197 per share.

What is the GMP of Black Opal Consultants Ltd IPO?

The GMP (Grey Market Premium) of Black Opal Consultants Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Black Opal Consultants Ltd IPO?

To check the allotment status of Black Opal Consultants Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Black Opal Consultants Ltd IPO getting listed?

The Black Opal Consultants Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Sep 29, 2026, and closes on Oct 1, 2026. The allotment is finalised on Oct 5, 2026.

How do you apply for the Black Opal Consultants Ltd IPO?

To apply for the Black Opal Consultants Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.