
Financial Services · BSE
Black Opal Consultants Ltd., incorporated in 2020, operates as a real estate sales and advisory platform focused primarily on the Delhi-NCR market. The company works with reputed developers including Gaurs Group, SKA, Galaxy, Shapoorji Pallonji, Max Estates and M3M to market and sell residential and commercial projects. Screener Its core business is facilitating sales of newly constructed and under-construction properties through exclusive and semi-exclusive sales mandates. In addition to brokerage, the company has expanded into loan syndication, property advisory, inventory underwriting and selective real-estate development through group entities
Price Band
₹185 – ₹197
Issue Size
₹279.60 L Cr
Lot Size
600 shares
GMP
Est. Listing
₹197
at current GMP
Subscribed
73.80x
overall
Open
29 Sep 2026
Close
1 Oct 2026
Allotment
5 Oct 2026
Refund
6 Oct 2026
Demat Credit
7 Oct 2026
Listing
7 Oct 2026
Designated Registrar: Skyline Financial Services Private Limited
Allotment Date
5 Oct 2026
Basis finalization
Refunds Initiate
6 Oct 2026
Mandate release
Demat Credit
7 Oct 2026
Shares in demat
Listing Debut
7 Oct 2026
Trading begins
Black Opal Consultants is bringing an initial public offering (IPO) in the Financial Services sector with an aggregate issue size of ₹27,96,000 Crores. The shares are offered at a price band of ₹185 to ₹197 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 600 shares (approx. ₹1,18,200 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Skyline Financial Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2026-10-07, while un-allotted funds or UPI block mandates will be released on 2026-10-06.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.