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Black Opal Consultants Ltd.

SMEBSE
ListedListed on 7 Oct 2026+1.5%

₹185–197

₹ 39 Cr

1200 Shares

₹ 2,22,000

₹10

Financial Summary

Consolidated(in ₹ million)
ParticularsFY 2025-26FY 2024-25
4,196.563,286.08
37.518.17
4,234.063,304.25
2,529.211,738.56
1,649.371,537.06
1,220.411,147.68

Subscription Details

68.71xTotal
Subscription
60.15x
92.30x
59.77x
0.00x

IPO Timeline

IPO Offer Start

29 Sept 2026

IPO Offer Ends

1 Oct 2026

7 Oct 2026

Use of Proceeds

#PurposeAmount (₹ Million)
1Funding for securing Sales/Marketing mandates70
2Investment in Aurika Developers LLP, one of our Group Entity, for financing the development of its 260
3General corporate purposes62.569

Promoters

Prasoon ChauhanSheikh Arfeen Ahmed

Book Running Lead Managers

Khambatta Securities Ltd.

Promoter Shareholding

Pre-IPO

98.60%

Promoter stake

Post-IPO

72.46%

Promoter stake

Offered to Public

19,99,800

shares

Post Share Capital

76,64,410

shares

IPO Registrar

Skyline Financial Services Pvt Ltd

About the Company

Our Company business is to facilitate the sale of residential and commercial properties developed by the reputeddevelopers in lieu of brokerage. The Company partners with the reputed developers to facilitate such sales. TheCompany specializes in selling luxury properties and has worked with reputed developers such as Gaurs Group,SKA, Galaxy, Shapoorji Pallonji, Max Estates and M3M. Black Opal Consultants Limited has successfully soldover 2,000 units as on the date of this Draft Red Herring Prospectus, leveraging the Promoters’ 18 years ofexperience in the real estate and banking sector. The Company has executed multiple projects in collaborationwith over 25 developers and a network of 200+ broker associates across its offices in the Delhi-NCR.

Use of Proceeds

1. Funding for securing Sales/Marketing mandates2. Investment in Aurika Developers LLP, one of our Group Entity, forfinancing the development of its Ayodhya Project3. General corporate purposes

IPO FAQs

The Black Opal Consultants Ltd. IPO has a total of ₹39 crore, calculated at the upper end of the .

The Black Opal Consultants Ltd. IPO is priced at ₹185–197 per share. bids must fall within this , against a of ₹10 per share.

The for the Black Opal Consultants Ltd. IPO is 1,200 shares, which is also the minimum order quantity — you have to apply for at least 1,200 shares, and in multiples of 1,200 beyond that.

The minimum investment in the Black Opal Consultants Ltd. IPO is about ₹2,22,000 — one lot of 1,200 shares, calculated at the lower end of the .

Bidding at the cut-off or upper price raises the amount blocked in your account.

The Black Opal Consultants Ltd. opens on 29 Sept 2026 and closes on 1 Oct 2026.

Applications have to be in before 5:00 PM IST on the closing day, and your UPI mandate needs to be approved by then as well.

Black Opal Consultants Ltd. shares were listed on 7 Oct 2026 on BSE.

Skyline Financial Services Pvt Ltd is the for the Black Opal Consultants Ltd. IPO.

The registrar processes the , refunds and the credit of shares to your demat account, so allotment-status queries go to them — phone 011-26847136/26833777.

Black Opal Consultants Ltd. IPO shares are listed on BSE.

Each Black Opal Consultants Ltd. share has a of ₹10.

Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.

held 98.60% of Black Opal Consultants Ltd. before the IPO, which falls to 72.46% after the issue.

19,99,800 shares of Black Opal Consultants Ltd. are being offered to the public in this issue.

The Black Opal Consultants Ltd. IPO has been subscribed 68.71x overall — 59.77x, 92.30x and 60.15x.

figures update through the issue period until it closes.

  1. 1.Funding for securing Sales/Marketing mandates
  2. 2.Investment in Aurika Developers LLP, one of our Group Entity, forfinancing the development of its Ayodhya Project
  3. 3.General corporate purposes

Khambatta Securities Ltd. is the book running lead manager for the Black Opal Consultants Ltd. IPO.

Pre-apply means placing your Black Opal Consultants Ltd. application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.

Applying early doesn't improve your chances — when an issue is oversubscribed, the for investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.

You can apply in the Black Opal Consultants Ltd. IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.

Either route needs a demat account. You bid for at least one lot, at a price within the or at the cut-off price, and the money stays blocked in your bank account until the is finalised.

Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.

You can check the Black Opal Consultants Ltd. bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.