IPO profile
Black Opal Consultants Limited
BLACKOPAL · BSE
- Price band
- ₹185 - ₹197
- Subscription
- Not available
Application & Issue Details
- Minimum Quantity
- 600 shares
- Minimum Application
- ₹1,18,200
- Issue Size
- Rs. 55 Cr
- Face Value
- Not available
Company Overview
Black Opal Consultants operates as a financial and real estate consultancy firm providing integrated real estate solutions. The company generates revenue primarily through brokerage income from selling residential and commercial properties under exclusive sales mandates with real estate developers. Additionally, it earns revenue from loan syndication fees, advisory services, and real estate project development activities. Its core business activities include acting as a channel partner for property sales, offering real estate advisory, and facilitating property financing. The company’s operations are geographically concentrated in Uttar Pradesh and Haryana, specifically in Noida, Greater Noida, and Gurugram. It is also diversifying into real estate development, including a commercial hotel project named Veda in Ayodhya through its subsidiary entity, Aurika Developers. Furthermore, the company engages in inventory underwriting for real estate developers and is developing a digital property platform called JustHomz through its wholly owned subsidiary, Black Opal Technologies.
Important Dates
- Open Date
- 29 Sept 2026
- Close Date
- 1 Oct 2026
- Allotment Date
- Not available
- Listing Date
- 7 Oct 2026
Issue Timeline
- Issue open date
- Issue close date
- UPI mandate deadline
- Allotment finalization
- Refund initiation
- Share credit
- Listing date
- Mandate end date
- Lock-in end date for anchor investors (50%)
- Lock-in end date for anchor investors (remaining)
Subscription
Subscription data not available yet.
Actual Listing Performance
- Listing Date
- 7 Oct 2026
- Actual Listing Price
- ₹200
- Gain/Loss Per Share
- +₹3
- Gain/Loss Per Lot
- +₹1,800
- Listing Gain/Loss %
- +1.52%
- Measured Against
- ₹197
- Lot Size
- 600 shares
Historical result from the reported listing price, compared with the upper price band (final issue price not reported). Excludes brokerage, taxes and charges.
Company Strengths & Risks
Reported strengths
- Integrated advisory, sales, and loan syndication services.
- Established channel network in the Delhi-NCR market.
- Strategic expansion into Ayodhya commercial real estate.
- Tech-driven approach via the JustHomz digital platform.
- Highly experienced promoters and management team.
Key risks
- High revenue reliance on a few clients lacking long-term contracts.
- Operations highly concentrated in Uttar Pradesh and Haryana.
- Entering real estate development without a prior track record.
- IPO funds for underwriting lack a specifically identified inventory.
- Pending UP RERA real estate agent registration renewal.
Company strengths and risks are informational summaries. Review the offer document for complete disclosures.
Documents & Coverage
IPO data last updated 25 Oct 2026, 12:31 pm IST · GMP: ipoalerts · listing price: NSE/BSE
This page is for informational and educational purposes only. It is not investment advice and not a recommendation to buy, sell, or apply for this IPO. GMP and subscription figures are unofficial/may change. Please make your own independent decision.