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Black Opal Consultants IPO IPO

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Allotment
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Listing
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Issue Size
27,96,000 shares (agg. up to ₹[.] Cr)
Listing Date
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✦ AI Insight

Restated Financials (₹ Cr.)

Period Ended30 Jun 202531 Mar 202531 Mar 202431 Mar 2023
Assets343.53224.43131.3565.24
Total Income174.92330.43199.0579.73
Profit After Tax43.86114.8143.2317.21
EBITDA58.61154.6959.4023.88
NET Worth247.97204.1189.3046.07
Reserves and Surplus239.63195.7780.9637.74
Total Borrowing41.812.0316.011.18
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Sri Lotus Developers & Realty Ltd.Mainboard₹792.00 Cr₹15028.69₹195.67+30.45%₹180.39 (+3.89%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Funding for securing Sales/Marketing mandates7.00
2Investment in Aurika Developers LLP, one of our Group Entity, for financing the development of its Ayodhya Project25.00
3General corporate purposes

About Black Opal Consultants IPO

Incorporated in 2020, Black Opal Consultants Limited works with well-known real estate developers such as Gaurs Group, SKA, Galaxy, Shapoorji Pallonji, Max Estates, and M3M to market and sell their residential and commercial projects. The Company signs exclusive or semi-exclusive sales rights to market and sell specific units within a project in return for brokerage income. The Company also works with its Group Entities, such as Aurika Homes Private Limited to market and sell Aurika Homes’ projects in return for brokerage income. This helps strengthen group synergies and enhances business growth. Black Opal has a network of more than 200 brokers, which helps expand its reach. It also uses platforms like Facebook and Google for marketing. Core service offerings: Consulting & Advisory Services Exclusive Sale Arrangements: Commission or margin on the sale of underwritten/exclusively mandated inventorie Loan Syndication Services: Commissions or success fees for arranging developer and buyer financing. Real Estate Development through group entities operating in Tier -II cities in India The Company works in both residential and commercial segments, mainly focusing on new and under-constr

Contact Details

Black Opal Consultants Ltd. AddressShop No. 8, Ground FloorC.S.C. AGCR Enclave,DelhiDelhi, New Delhi, 110092+91 9999560810investors@blackopalgroup.inVisit Website