Black Opal Consultants Limited was incorporated on September 1, 2020 as Black Opal Consultants Private Limited and converted into a public limited company effective April 7, 2025. The company operates as a commission agent in real estate and allied services, earning brokerage by facilitating the sale of residential and commercial properties developed by reputed builders.
The company focuses particularly on luxury properties and has worked with developers including Gaurs Group, SKA, Galaxy, Shapoorji Pallonji, Max Estates and M3M. Its services cater to real estate developers, retail buyers and sellers, and investors across residential and commercial segments.
In addition to property sales, Black Opal provides strategic advisory services to developers, including product positioning, pricing strategy, market research and inventory structuring. In 2025, it expanded into real estate development through an investment in Aurika Developers LLP, marking a move toward commercial and hospitality project development and management.
The company has filed a Draft Prospectus with SEBI for an IPO of 2,796,000 equity shares with a face value of ₹10 each. The issue comprises a fresh issue of 2,238,000 shares and an offer for sale of 558,000 shares.