Black Opal Consultants IPO
Market Sentiment
IPO Details
Market Lot Size
IPO Reservation
Return Estimator (GMP*)
Financial Analysis
| Metric | 2023 | 2024 | 2025 | Jun 2025 |
|---|---|---|---|---|
| Revenue | 79.73 | 199.05 | 330.43 | 174.92 |
| Expense | 5.66 | 14.10 | 17.67 | 11.66 |
| Profit (PAT) | 17.21 | 43.23 | 114.81 | 43.86 |
| Total Assets | 65.24 | 131.35 | 224.43 | 343.53 |
| Company | EPS | P/E | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Homesfy Realty Limited | 4.46 | 48.63 | 43.24 | 155.67 | 58.67 Cr |
Promoters: Prasoon Chauhan and Sheikh Arfeen Ahmed
Strengths & Risks
- Revenue grew 66% in the latest reported year.
- Solid profit margin — 34.8%.
- Strong return on equity — 56%.
- Low leverage — debt/equity of 0.01.
- Mostly fresh capital — proceeds fund the company's growth, not an exit.
Risk signals for Black Opal Consultants will appear here as subscription, valuation and GMP data arrive. Always read the company-specific risk factors in the RHP before you apply.
Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. Informational only — not investment advice. Always read the RHP before applying.
Company Information
Black Opal Consultants, founded in 2020, is one of the leading real estate companies that partners with real estate developers such as Gaurs Group, SKA, Galaxy, Shapoorji Pallonji, Max Estates, and M3M to market and sell their residential and commercial projects. Its service offerings include Consulting & Advisory Services, Exclusive Sale Arrangements, Loan Syndication Services, and Real Estate Development. Black Opal gets permission from the developer to market and sell certain apartments or residences with exclusive and semi-exclusive rights, and in return it receives brokerage/commission from the developer. The firm has a network of 200 brokers and also uses platforms like Facebook and Google for marketing projects. The firm mainly sells residential and commercial properties that are either newly launched or still under construction.
Black Opal Consultants Ltd., Shop No. 8, Ground Floor, C.S.C. AGCR Enclave,, Delhi, Delhi, New Delhi, 110092
| Purpose | Amount (Cr) |
|---|---|
| Funding for securing Sales/Marketing mandates | 7.00 |
| Investment in Aurika Developers LLP, one of our Group Entity, for financing the development of its Ayodhya Project | 25.00 |
| General corporate purposes | - |
Resources & Documents
Black Opal Consultants has set a price band of Rs 185–Rs 197 per share for an issue size of Rs 55 crore. The SME issue is scheduled to open for subscription on September 29, 2026 — 5 days from now.
Black Opal Consultants, founded in 2020, is one of the leading real estate companies that partners with real estate developers such as Gaurs Group, SKA, Galaxy, Shapoorji Pallonji, Max Estates, and M3M to market and sell their residential and commercial projects. Its service offerings include Consulting & Advisory Services, Exclusive Sale Arrangements, Loan Syndication Services, and Real Estate Development.
The issue is promoted by Prasoon Chauhan and Sheikh Arfeen Ahmed with Khambatta Securities Ltd. acting as lead manager. Net proceeds will primarily be used towards Funding for securing Sales/Marketing mandates (Rs 7 crore) and Investment in Aurika Developers LLP, one of our Group Entity, for financing the development of its Ayodhya Project (Rs 25 crore).
On fundamentals, the company is posting revenue growth of 66.0%, a profit margin of 34.8%, return on equity of 56.3% in its most recent reported period. Listed peers in this segment include Homesfy Realty Limited (P/E 48.63x) — useful reference points when evaluating the issue's pricing relative to where the broader sector is trading.
All figures below — GMP history, subscription tiers, financials and peers — are aggregated from public disclosures. Always apply through your own broker after reading the RHP.
Black Opal Consultants IPO GMP — What It Means
No active grey market premium has been recorded for Black Opal Consultants IPO yet. GMP is an unofficial, dealer-quoted indicator of expected listing-day demand — not a guaranteed listing price — and it can change quickly once bidding opens.
See the full Black Opal Consultants GMP history and trend, or learn how grey market premium works and how reliable it is.
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