Black Opal Consultants IPO: GMP, subscription and allotment status
₹0grey-market premium
- GMP
- ₹0
- 0.0%as of 23 Sept, 14:30 IST
- Est. listing
- ₹197
- 0.0% on issue price
- Price band
- ₹197
- Lot
- 600 shares
- Min. ₹1,18,200
Allotment
Expected 5 Oct.
Dates
29 → 1 Oct · allot 5 · list 7Refunds and shares in your demat account on 6 Oct.
Issue details
- Segment
- SME
- Face value
- ₹10
- Issue type
- Book Building Issue
- Fresh issue
- ₹44.09 Crores
- Offer for sale
- 5,58,000 Equity Shares
- Listing at
- BSE SME
- Registrar
- Skyline Financial Services
- NSE symbol
- —
GMP is unofficial and doesn't guarantee a listing price. Where these numbers come from
What you can apply for
- Retail Minimum
- 2 lots, 1,200 shares
- 1,200
- ₹2,36,400
- Retail Maximum
- 2 lots, 1,200 shares
- 1,200
- ₹2,36,400
- S-HNI Minimum
- 3 lots, 1,800 shares
- 1,800
- ₹3,54,600
- S-HNI Maximum
- 8 lots, 4,800 shares
- 4,800
- ₹9,45,600
- B-HNI Minimum
- 9 lots, 5,400 shares
- 5,400
- ₹10,63,800
A retail application can't go past ₹2 lakh; bigger bids go in the HNI categories.
Where the money goes
- Funding for securing Sales/Marketing mandates
- ₹7.00 Cr
- Investment in Aurika Developers LLP, one of our Group Entity, for financing the development of its Ayodhya Project
- ₹25.00 Cr
- General corporate purposes
- —
What the company plans to do with the money it raises, from the offer document. Money raised in an offer for sale goes to the selling shareholders, not the company.
Company numbers
₹174.92 Cr−47.1% on 2025
₹43.86 Cr−61.8% on 2025
₹343.53 Cr+53.1% on 2025
- Jun 2025
- Revenue ₹174.92
- Profit ₹43.86
- Assets ₹343.53
- 2025
- Revenue ₹330.43
- Profit ₹114.81
- Assets ₹224.43
- 2024
- Revenue ₹199.05
- Profit ₹43.23
- Assets ₹131.35
- 2023
- Revenue ₹79.73
- Profit ₹17.21
- Assets ₹65.24
In ₹ crore, for the years the offer document reports.
- ROE
- 56.25%
- ROCE
- 75.05%
- EBITDA Margin
- 47.07%
- PAT Margin
- 34.94%
- Debt to equity ratio
- 0.01
- Earning Per Share (EPS)
- ₹13.77 (Basic)
- Return on Net Worth (RoNW)
- 56.25%
- Net Asset Value (NAV)
- ₹244.76
Listed peers
- Homesfy Realty Limited
- P/E 48.63
- EPS 4.46
- Return on net worth 43.24%
Price to earnings, earnings per share and return on net worth, as the offer document reports them.
Who the issue is reserved for
- QIB
- 50%
- NII
- 15%
- Retail
- 35%
Share of the issue set aside for each kind of investor.
Promoters and bankers
- Promoters
- Prasoon Chauhan and Sheikh Arfeen Ahmed
- Promoter holding
- 98.6% before the IPO, 72.46% after
- Lead managers
- Khambatta Securities Ltd.
Issue details come from the IPO's page on IPOWatch, which follows the company's prospectus.
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Frequently asked questions
- What is the GMP of Black Opal Consultants IPO today?
- The grey-market premium is ₹0, which points to a listing around ₹197 (0.0% on the issue price), as of 14:30 IST on 23 September 2026. GMP is unofficial and doesn't guarantee a listing price.
- When does Black Opal Consultants IPO open and close?
- Bidding runs from 29 October 2026 to 1 October 2026.
- What is the Black Opal Consultants IPO allotment date?
- Allotment is expected on 5 October 2026.
- When will Black Opal Consultants IPO list?
- Listing is expected on 7 October 2026.
- What is the lot size and minimum investment for Black Opal Consultants IPO?
- One lot is 600 shares, so the minimum investment at the upper price of ₹197 is ₹1,18,200.
- How do I check Black Opal Consultants IPO allotment status?
- Skyline Financial Services is the registrar. Once allotment is out, check it by PAN on the Skyline Financial Services website.