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News Details

( As on 23/09/2026 19:40)

Black Opal Consult announces launch of initial public offering

Black Opal Consultants Ltd. has announced public offering of 2796000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 187.00 per share. The gross proceeds of the issue are expected to be Rs 5,508.12 lakhs.

The company's initial public offer (IPO) will open on 29 September 2026 and is expected to close on 01 October 2026, subject to customary closing conditions. The price band of the issue has been fixed at Rs 185.00-197.00 per share.

The IPO includes a fresh Issue of 2796000 Equity Shares of the Company at an price of Rs 197.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 600 shares with bids in multiples of 600.

Black Opal Consultants Ltd. anticipates using the proceeds of the issue for .

Khambatta Securities Ltd.,Khambatta Securities Ltd. as lead manager(s) & Skyline Financial Services Pvt. Ltd. is the registrar, to the issue.