Black Opal Consultants Secures Anchor Investment Ahead Of IPO

BusinessK Puspa29 Sept 2026

New Delhi, Sep 29: Black Opal Consultants Limited has raised ₹15.69 crore from seven anchor investors ahead of the opening of its Initial Public Offering on September 29, 2026. The company allotted 7,96,200 equity shares at ₹197 per share, the upper end of the IPO price band.

The anchor allocation includes participation from Venus Investments VCC - Venus Stellar Fund, Longthrive Capital VCC - Trendview Capital Fund, Radiant Global Fund - Class B Participating Shares, Uni Growth Fund, Securocrop Bharat Amritkaal Fund I, PESB Alpha Fund and Algoquant Global Opportunities Fund.

The public issue comprises 27,96,000 equity shares in a price band of ₹185 to ₹197 per share, with a lot size of 600 shares. The issue will remain open until October 1, 2026, with the equity shares proposed to be listed on the BSE SME platform.

Prasoon Chauhan, Promoter & Managing Director, Black Opal Consultants Limited, said,

 “The anchor allocation marks an important step ahead of the opening of our public issue. We remain focused on building Black Opal as a real estate platform across advisory, sales and selective project-led opportunities, with a long-term approach to the business.”

Black Opal Consultants is a Delhi-NCR based real estate platform engaged in real estate advisory, sales and distribution, alongside selective project-level participation. The company has built a network of 25+ developers, 300+ broker partners and 2,200+ customers, and has facilitated real estate sales of more than ₹4,000 crore since inception.

Khambatta Securities Limited is the Book Running Lead Manager to the issue, while Share India Capital Services Pvt. Ltd. is the Underwriter.