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ClearIPO

Black Opal Consultants Limited

SME IPO

Open nowSMERisk-factor review pending

Risk analysis not yet reviewed. ClearIPO publishes risk factors only after a manual review of the offer document.

Last updated 29 Sept 2026

Key details

Price band
₹185 to ₹197
Face value
Rs 10
Lot size
600 shares
Minimum investment
Rs 1,18,200
Issue size
Rs 55 Cr
Fresh issue
Rs 55 Cr
Retail quota
35%
Exchanges
NSE SME
Opening date
29 Sept 2026
Closing date
01 Oct 2026
Allotment date
02 Oct 2026
Listing date
07 Oct 2026

3 further details have not been reported for this issue yet, so they are left out rather than estimated.

Explain this IPO simply

The same information as the prospectus, written the way you would explain it to a friend.

What the company does

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.

No hand-checked analysis for this issue yet

We publish only the figures our data source reports for this IPO. Clarity scoring, strengths and risks, use of funds and valuation multiples appear here once the prospectus has been read and verified.

Subscription status

Update pending

The issue is open. Subscription figures have not been published by the source yet.

Important documents

IPO timeline

  1. IPO opens

    29 Sept 2026

    First day you can apply.

  2. IPO closes

    01 Oct 2026

    Last day to apply, usually by evening.

  3. Allotment

    02 Oct 2026

    Who gets shares is decided.

  4. Refund / unblock

    03 Oct 2026

    Blocked money is released if you did not get shares.

  5. Shares in demat

    03 Oct 2026

    Allotted shares reach your demat account.

  6. Listing day

    07 Oct 2026

    Shares start trading on the exchange.

Frequently asked questions

Where this information comes from

Last updated
2026-09-29T10:15:05.700Z
Last verified
2026-09-29T10:15:05.700Z
Primary source
bse
Secondary source
Exchange filings
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