Black Opal Consultants IPO Details
Black Opal Consultants IPO Review & Key Points
- Review:
Black Opal Consultants IPO Market Lot
The Black Opal Consultants IPO minimum market lot is [.] shares with ā¹[.] application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | – | – | ā¹- |
| Retail Maximum | – | – | ā¹- |
| S-HNI Minimum | – | – | ā¹- |
| S-HNI Maximum | – | – | ā¹- |
| B-HNI Minimum | – | – | ā¹- |
IPO Reservation
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 50% |
| NII Shares Offered | – Shares | 15% |
| Retail Shares Offered | – Shares | 35% |
Black Opal Consultants IPO Anchor Investors
| Anchor Bidding Date | 2026 |
| Anchor Investors List | |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| lock-in period end date 50% shares (30 Days) | 2026 |
| lock-in period end date 50% shares (90 Days) | 2026 |
Black Opal Consultants IPO Dates
The Black Opal Consultants IPO date is 2026 and the close date is 2026. The Black Opal Consultants IPO allotment will be finalized on 2026 and the IPO listing on 2026.
| IPO Open Date: | 2026 |
| IPO Close Date: | 2026 |
| Basis of Allotment: | 2026 |
| Refunds: | 2026 |
| Credit to Demat Account: | 2026 |
| IPO Listing Date: | 2026 |
Promoters and Holding Pattern
The promoters of the company are Prasoon Chauhan and Sheikh Arfeen Ahmed.
| Particular | Pre IPO Shares | Pre IPO % Shares | Post IPO Shares | Post IPO % Shares |
| Promoter and Promoter Group | 82,22,410 | 98.6% | – | 72.46% |
| Others* | 1,16,780 | 1.40% | – | 27.54% |
| Total | 83,39,190 | 100% | 1,05,77,190 | 100% |
Objects of the Issue & Utilisation of Proceeds
| Purpose | Crores |
| Funding for securing Sales/Marketing mandates | ā¹7.00 |
| Investment in Aurika Developers LLP, one of our Group Entity, for financing the development of its Ayodhya Project | ā¹25.00 |
| General corporate purposes | ā¹- |
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.
Company Financials
Amount ā¹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ā¹79.73 | ā¹5.66 | ā¹17.21 | ā¹65.24 |
| 2024 | ā¹199.05 | ā¹14.10 | ā¹43.23 | ā¹131.35 |
| 2025 | ā¹330.43 | ā¹17.67 | ā¹114.81 | ā¹224.43 |
| Jun 2025 | ā¹174.92 | ā¹11.66 | ā¹43.86 | ā¹343.53 |
Company Valuation – FY2025
Check Black Opal Consultants IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 56.25% |
| ROCE: | 75.05% |
| EBITDA Margin: | 47.07% |
| PAT Margin: | 34.94% |
| Debt to equity ratio: | 0.01 |
| Earning Per Share (EPS): | ā¹13.77 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 56.25% |
| Net Asset Value (NAV): | ā¹244.76 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Homesfy Realty Limited | 4.46 | 48.63 | 43.24% | 155.67 | 58.67 Cr. |
IPO Lead Managers aka Merchant Bankers
- Khambatta Securities Ltd.
Company Address
Black Opal Consultants Ltd.
Shop No. 8, Ground Floor
C.S.C. AGCR Enclave,
Delhi
Delhi, New Delhi, 110092
Phone: +91 9999560810
Email: investors@blackopalgroup.in
Website: http://www.blackopalgroup.in/
IPO Registrar
Skyline Financial Services Pvt.Ltd.
Phone: 011-26812682
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
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Note: The Black Opal Consultants IPO price band and date are officially announced. The (Black Opal Consultants IPO grey market premium) will be added to the IPO GMP page as it will start).


