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[SITUATION] · [QUIET] · [BUSINESS]
2 clusters · 6 sources · 6 days · First seen · Last updated
Black Opal Consultants Limited IPO
Overview
Black Opal Consultants Limited, a real estate platform based in the Delhi-NCR region, announced the details for its Initial Public Offering (IPO) on the BSE SME Platform. The company set a price band of ₹185 to ₹197 per share for its 2,796,000 equity shares.
On September 29, 2026, the IPO officially launched. Prior to the public opening, the company secured ₹15.69 crore from seven anchor investors, who were allotted 7,96,200 equity shares at the upper price band of ₹197. The company plans to use the net proceeds for general corporate purposes, sales and marketing mandates, and an investment of ₹2,600 lakhs into Aurika Developers LLP to fund an Ayodhya project.
Entities
Prasoon Chauhan · Black Opal Consultants Limited · BSE Limited · BSE SME Platform · Aurika Developers LLP
Timeline
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[BUSINESS] 3 sourcesBlack Opal Consultants launches IPO on BSE SME platform
Black Opal Consultants Limited has opened its IPO on the BSE SME platform, having raised ₹15.69 crore from anchor investors ahead of the public issue running from September 29 to October 1, 2026.
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[BUSINESS] 3 sourcesBlack Opal Consultants Limited announces IPO details
Black Opal Consultants Limited will launch its IPO on September 29, 2026, with a price band of ₹185–₹197 per share, aiming for a listing on the BSE SME Platform.
Sources
latestly.com · newsbytesapp.com · onlinemediacafe.com · realtynmore.com · thecsrjournal.in · torbitconsulting.com