Black Opal Consultants IPO price band has been announced ahead of the company’s public issue. The real estate company’s IPO will open for subscription from September 29 to October 1, 2026.
The issue is scheduled to be listed on the BSE SME platform on October 7.
The IPO has a total size of ₹55.08 crore. It includes 22.38 lakh fresh shares and an offer for sale of 5.58 lakh shares.
Black Opal Consultants IPO Price Band
Black Opal Consultants has fixed the IPO price band at ₹185 to ₹197 per share. The issue has a lot size of 600 shares, while investors need to bid for a minimum of 1,200 shares according to the issue details provided.
At the upper price band of ₹197, the minimum investment for 1,200 shares would be ₹2,36,400.
Khambatta Securities Limited has been appointed as the lead manager for the IPO, while Skyline Financial Services Private Limited will act as the registrar.
Black Opal Consultants IPO Important Dates
The IPO is scheduled to open on September 29 and close on October 1, 2026. Share allotment is scheduled for October 5, followed by the proposed BSE SME listing on October 7.
Investors should check the final exchange and IPO documents for any changes to the issue timeline.
What Does Black Opal Consultants Do?
Black Opal Consultants operates in the real estate sector. According to the company information provided, it works with real estate groups and developers including Gaurs Group, EKHO, Shapoorji Pallonji, X Estate and M3M.
The company is involved in marketing and selling their real estate products.
How Will IPO Money Be Used?
The company plans to use part of the IPO proceeds for marketing activities. Around ₹7 crore has been earmarked for marketing purposes.
Another ₹26 crore is proposed to be used to fund the Ayodhya project of Aurica Developers LLP. The remaining proceeds will be used for general corporate purposes.
Black Opal Consultants IPO GMP
The latest grey market premium, or GMP, mentioned in the issue details is ₹0. This means there is currently no premium movement being indicated in the grey market.
However, GMP is unofficial and can change before listing. Investors should not consider grey market activity as a guarantee of the listing price or future performance.
The IPO involves market risks, and investors should review the company’s offer documents and seek professional advice before making an investment decision.
