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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Black Opal Consultants Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹197
Per ShareLot Size
600 Shares
Minimum Investment
₹1,18,200
Issue Size
₹55.08 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35.01%
QIB Quota
49.99%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
98.6%
Promoter Holding (Post-Issue)
72.46%
Issue Type
Book Building - SME
ISIN
INE0M3101012
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.
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.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offer of 27,96,000 equity shares of face value of Rs. 10 each ("Equity Shares") of the company for cash at a price of Rs. 197 per equity share (including a share premium of Rs. 187 per equity share) ("Offer Price") aggregating to Rs. 55.08 Crores ("Offer"). The offer comprises a fresh issue of 22,38,000 equity shares aggregating to Rs. 44.09 Crores ("Fresh Issue") and an offer for sale of 5,58,000 equity shares ("Offered Shares") aggregating to Rs. 10.99 Crores, by Prasoon Chauhan (promoter selling shareholder), the ("Offer For Sale"). This offer includes a reservation of 1,39,800 equity shares aggregating to Rs. 2.75 Crores for subscription by market maker ("Market Maker Reservation portion"). The offer less the market maker reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer shall constitute 26.43% and 25.11%, respectively, of the post-offer paid-up equity share capital of the company. Price Band: Rs. 197/- per equity share of face value of Rs. 10/- each. The floor price is 19.70 times the face value of the equity shares. Bids can made for a minimum of 1,200 equity shares and in multiples of 600 equity shares thereafter.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
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*Real-time data subject to exchange updates
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.
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.