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Black Opal plans to invest Rs 25 crore of IPO proceeds in 76%-owned Aurika Developers LLP for Ayodhya’s Rs 105.72 crore Veda project.
Black Opal’s current ratio fell from 8.70 to 1.92 at June 30, 2025 as current liabilities rose to Rs 9.36 crore.
Black Opal says group entities may undertake similar business, but names only Grabhome Consulting Private Limited in a non-compete agreement dated October 13, 2025.
Black Opal’s brokerage revenue rose 66.36% in fiscal 2025, while two developer engagements generated Rs 10.2528 crore, equal to 78.22% of the annual increase.
Prasoon Chauhan received 94.18% of the 75,05,271 shares allotted in the August 2025 9-for-1 bonus issue, issued at nil price through reserves capitalisation.
Black Opal Consultants Limited has taken a 76% partnership in Aurika Developers LLP, linking it to a 153-unit RERA-approved Ayodhya hospitality project.
Black Opal identified 11 secretarial filing discrepancies, including six high-criticality observations, and notified the Registrar of Companies through applicable Form GNL-2 filings.
Black Opal’s FY25 profit reached Rs 11.48 crore, but a Rs 9.76 crore rise in short-term advances left operating cash flow at a Rs 65.47 lakh outflow.
Black Opal derived 82.28% of June 2025 revenue from five customers and says key-customer arrangements do not contain long-term commitment clauses.
Black Opal advances funds to developers for exclusive inventory rights and sells through 200-plus brokers, with brokerage service revenue of Rs 30.8608 crore in Fiscal 2025.
Retail investors are discussing unusually broad NSE IPO allotments, a 7-9% GMP, and the OFS structure, even as the Nifty trades lower ahead of listing.
Indo Borax & Chemicals is trading around the mid-₹460s in late September, while social-media chatter treats ₹520 as a reclaim level rather than a prediction.
CG Power is back in focus on social media as investors weigh capex-led demand, strong order intake and mixed technical signals, even amid sector headlines on Chinese tender exemptions.
Tuni Textile Mills has set September 16, 2026 as the record date for its Re 1 rights issue, detailing the 15:4 entitlement ratio and subscription timeline.
Genesys signed an MoU with Survey of India for city digital twins, expanded work in Varanasi and Guwahati, and reported Q4 standalone revenue of ₹78.44 crore.
Nitin and Ruchi Tiwari own 94.66% of pre-issue equity, while 23 public shareholders hold 5.12% before the company’s planned SME IPO.