IPO IPO-Synopsis
Black Opal Consultants Ltd

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Registered Office: No.8 Ground Floor C.S.C AGCR-,Enclave , New Delhi - 110092 , Delhi , India.
Phone : +91 99995 60810   Fax:
Email :  investors@blackopalgroup.in  
Website :  www.blackopalgroup.in
Initial public offer of up to 27,96,000* equity shares of face value of Rs10 each ("Equity Shares") of the company for cash at a price of Rs185-197 per equity share (including a share premium of Rs175-187 per equity share) ("Offer Price") aggregating to Rs5.73-55.08 Crores ("offer"). The offer comprises a fresh issue of up to 22,38,000 equity shares aggregating to Rs41.40-44.09 Crores ("Fresh Issue") and an offer for sale of up to 5,58,000 equity shares ("Offered Shares") aggregating to Rs10.32-10.99 Crores, by Prasoon Chauhan (promoter selling shareholder), the ("Offer For Sale"). This offer includes a reservation of 1,39,800* equity shares aggregating to Rs2.59-2.75 Crores for subscription by market maker ("Market Maker Reservation portion"). The offer less the market maker reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer shall constitute [*] % and [*] %, respectively, of the post-offer paid-up equity share capital of the company, respectively. Price Band: Rs185/- to Rs197/- per equity share of face value of Rs10/- each. The floor price is 18.50 times the face value of the equity shares and the cap price is 19.70 times the face value of the equity shares. Bids can made for a minimum of 1,200 equity shares and in multiples of 600 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
29-Sep-26 01-Oct-26 Rs185.00-197.00 Rs0.00-0.00
Minimum Application for shares in Nos :1200  Further Multiples of :600

  Rs Cr Lead Managers to the Issue
Project Cost 0.00
Khambatta Securities Limited
Project Financed through Current Offer 51.73  
Post Issue Equity Share Capital 10.58  
Issue Price Rs185.00  
Projects
Funding for securing Sales/Marketing mandatesGeneral corporate purposes
Investment in Aurika Developers LLP, one of our Group Entity, for financing the development of its Ayodhya Project
Promoted By
Prasoon Chauhan
Sheikh Arfeen Ahmed
Listing At
BSE - SME 
Registrar to the Issue
Skyline Financial Services Pvt