Black Opal Consultants IPO
Black Opal Consultants opens for subscription on 29 Sept 2026 and closes on 1 Oct 2026, at a price band of ₹185 – ₹197 with a lot of 1200 shares. Listing is expected on 7 Oct 2026.
Updated 22 Oct 2026
Important dates
Opens
29 Sept 2026
Closes
1 Oct 2026
Allotment
5 Oct 2026
Listing
7 Oct 2026
IPO details
| Price band | ₹185 – ₹197 |
|---|---|
| Lot size | 1200 shares |
| Minimum investment | ₹2,36,400 |
| Issue size | ₹55.08 crore |
| Face value | ₹10 per share |
| Board | SME |
| Listing at | BSE SME |
| Retail quota | 35% |
| EPS | ₹14.65 |
| RoNW | 37.4% |
Grey market premium (GMP)
Last reported GMP: ₹9 (4.6%), an unofficial estimated listing price near ₹206 or about ₹10,800 per lot.
GMP is unregulated grey market chatter, not an exchange price, and it often swings or turns out wrong on listing day. SEBI cautions investors against relying on it. Read the GMP explainer.
Subscription status
Subscribed 73.80 times overall at the last update.
| Day | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 1 | 0.48× | 0.17× | 0.39× | 0.37× |
| Day 2 | 0.76× | 1.03× | 1.61× | 1.24× |
| Day 3 | 59.77× | 124.29× | 60.15× | 73.8× |
Company financials (₹ crore)
| Year | Revenue | Expenses | Profit after tax |
|---|---|---|---|
| FY24 | 19.91 | 14.1 | 4.32 |
| FY25 | 33.04 | 17.67 | 11.48 |
| FY26 | 42.34 | 25.85 | 12.2 |
About Black Opal Consultants
Black Opal Consultants, founded in 2020, is one of the leading real estate companies that partners with real estate developers such as Gaurs Group, SKA, Galaxy, Shapoorji Pallonji, Max Estates, and M3M to market and sell their residential and commercial projects. Its service offerings include Consulting & Advisory Services, Exclusive Sale Arrangements, Loan Syndication Services, and Real Estate Development.
Black Opal gets permission from the developer to market and sell certain apartments or residences with exclusive and semi-exclusive rights, and in return it receives brokerage/commission from the developer. The firm has a network of 200 brokers and also uses platforms like Facebook and Google for marketing projects. The firm mainly sells residential and commercial properties that are either newly launched or still under construction.
Objects of the issue
- Funding for securing Sales/Marketing mandates
- Investment in Aurika Developers LLP, one of our Group Entity, for financing the development of its Ayodhya Project
- General corporate purposes
Allotment status and registrar
Skyline Financial Services Pvt.Ltd. is the registrar. After 5 Oct 2026, check your status with your PAN or application number on the registrar's site or the BSE/NSE allotment pages.
Registrar contact: 011-26812682 · ipo@skylinerta.com
Lead managers and offer documents
- Khambatta Securities Ltd.
Black Opal Consultants IPO: FAQs
When does the Black Opal Consultants IPO open and close?
The Black Opal Consultants IPO opens on 29 Sept 2026 and closes on 1 Oct 2026.
What is the Black Opal Consultants IPO price band?
The price band is ₹185 – ₹197 per share (face value ₹10).
What is the Black Opal Consultants IPO lot size?
One lot is 1200 shares, so the minimum investment is ₹2,36,400 at the upper price band.
When is the Black Opal Consultants IPO allotment date?
Allotment is expected on 5 Oct 2026. Check the status on the registrar's site (Skyline Financial Services Pvt.Ltd.) or the BSE/NSE allotment pages using your PAN.
When will Black Opal Consultants shares list?
Listing is expected on 7 Oct 2026 on BSE SME.
What is the Black Opal Consultants IPO GMP today?
The grey market premium was about ₹9 (4.6%) when this page was last updated, implying an unofficial estimated listing near ₹206. GMP is unregulated and can change quickly; do not rely on it.
Details are compiled from the offer documents and exchange disclosures via IPOWatch and may change or contain errors; verify in the RHP and on BSE/NSE before applying. This page is for information only and is not a recommendation to apply. Neminath Traders is not a SEBI-registered investment adviser. Read how to apply for an IPO.