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Black Opal Consultants Ltd

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 27,96,000 equity shares of face value of Rs. 10 each ("Equity Shares") of the company for cash at a price of Rs. 197 per equity share (including a share premium of Rs. 187 per equity share) ("Offer Price") aggregating to Rs. 55.08 Crores ("Offer"). The offer comprises a fresh issue of 22,38,000 equity shares aggregating to Rs. 44.09 Crores ("Fresh Issue") and an offer for sale of 5,58,000 equity shares ("Offered Shares") aggregating to Rs. 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 Rs. 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 26.43% and 25.11%, respectively, of the post-offer paid-up equity share capital of the company. Price Band: Rs. 197/- per equity share of face value of Rs. 10/- each. The floor 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-26 197.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 1200   Further Multiples of : 600
  Rs(Cr.) Lead Managers to the Issue
Project Cost 39.26 Khambatta Securities Limited
Project Financed through Current Offer 55.08  
Post Issue Equity Share Capital 10.58  
Issue Price 197.00  

Project

  • Funding for securing Sales/Marketing mandates
  • Investment in Aurika Developers LLP, one of our Group Entity, for financing the development of its Ayodhya Project
  • General corporate purposes

Promoted By

Prasoon Chauhan

Sheikh Arfeen Ahmed

Listing At

BSE - SME

Registrar to the Issue

Skyline Financial Services Pvt

Attention Investor:

1) "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (Broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."         2) For Stock Broking Transaction "Prevent unauthorised transactions in your account Update your mobile numbers / email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile / email at the end of the day .... Issued in the interest of Investors."         3) For Depository Transaction "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL on the same day....Issued in the interest of investors."         4) No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.