Papadmalji Agro Foods Ltd. IPO
Black Opal Consultants, founded in 2020, is one of the leading real estate companies that partners with real estate developers such as Gaurs Group, SKA, Galaxy, Shapoorji Pallonji, Max Estates, and M3M to market and sell their residential and commercial projects. Its service offerings include Consulting & Advisory Services, Exclusive Sale Arrangements, Loan Syndication Services, and Real Estate Development.
IPO GMP
₹0
+0% expected gain
Price Band
₹72
Lot Size
1200 shares
Min Investment
₹2,36,400
Listing Date
October 7, 2026
About Papadmalji Agro Foods Ltd.
Company overview, business, and key facts.
Black Opal Consultants, founded in 2020, is one of the leading real estate companies that partners with real estate developers such as Gaurs Group, SKA, Galaxy, Shapoorji Pallonji, Max Estates, and M3M to market and sell their residential and commercial projects. Its service offerings include Consulting & Advisory Services, Exclusive Sale Arrangements, Loan Syndication Services, and Real Estate Development.
Black Opal gets permission from the developer to market and sell certain apartments or residences with exclusive and semi-exclusive rights, and in return it receives brokerage/commission from the developer. The firm has a network of 200 brokers and also uses platforms like Facebook and Google for marketing projects. The firm mainly sells residential and commercial properties that are either newly launched or still under construction.
Founded
2020
IPO Details
Subscription Status
How many times each investor category has bid for the issue.
Financials
Restated summary financials for the most recent periods.
Figures are indicative and restated for presentation.
Papadmalji Agro Foods Ltd. IPO Key Numbers
Calculated by IPOLyst from the published offer-document data. These are figures, not buy or sell calls.
Market cap at upper band
₹76.2 Cr
Post-IPO shares × upper price band
P/E on 2026 profit
6.2x
Price to sales
1.8x
Revenue growth, 2026
+28.1%
45.8% a year over the period
Profit growth, 2026
+6.3%
68% a year over the period
Profit margin (PAT)
28.8%
EBITDA margin 40.62%
ROE / ROCE
46.03% / 40.12%
As published in the offer document
Debt to equity
0.29
Promoter holding
98.6% → 72.46%
Before → after the IPO
Issue mix
80% fresh / 20% sale
Fresh issue goes to the company, offer for sale to selling shareholders
GMP-implied gain per lot
₹0
1200 shares on ₹2,36,400. GMP is unofficial.
What stands out
- Healthy profit margin: PAT margin was 28.8% in 2026.
Watch-outs
- 1 use-of-proceeds item(s) have no disclosed amount.
Scenarios apply today's grey market premium figures to the upper price band. They are illustrations, not predictions. GMP is unofficial and can be wrong.
Not yet available for this IPO: listed peer comparison, published risk factors.
IPO Analysis SummaryAI-generated
A plain-language review of Papadmalji Agro Foods Ltd.'s financials, valuation and demand, based only on the verified figures above. For information only. It does not recommend whether to apply.
Papadmalji Agro Foods Ltd. IPO Review
Analysis based on live GMP, subscription, and issue details.
Papadmalji Agro Foods Ltd. IPO is currently showing a neutral GMP of ₹0, suggesting the market is cautious about listing gains.
The IPO has been subscribed 2.54x overall — QIB: 86.85x, NII: 1.32x, Retail: 1.59x.
Papadmalji Agro Foods Ltd. IPO subscription has closed. The shares are expected to list on October 7, 2026.
The minimum investment required is ₹2,36,400 for 1200 shares (1 lot). Retail investors can apply at cut-off price for the best chance of allotment.
Disclaimer: IPO GMP is indicative and sourced from the grey market. This is not investment advice. Please consult a SEBI-registered advisor before investing.
Papadmalji Agro Foods Ltd. IPO — Frequently Asked Questions
What is Papadmalji Agro Foods Ltd. IPO GMP today?
Papadmalji Agro Foods Ltd. IPO GMP (grey market premium) today is ₹0, suggesting an estimated listing gain of +0%. GMP is indicative and subject to change.
What is the price band of Papadmalji Agro Foods Ltd. IPO?
The price band for Papadmalji Agro Foods Ltd. IPO is ₹72 with a lot size of 1200 shares. The minimum investment required is ₹2,36,400.
When is Papadmalji Agro Foods Ltd. IPO allotment date?
Papadmalji Agro Foods Ltd. IPO allotment is expected to be finalised on October 5, 2026. You can check your allotment status on the registrar's website (Skyline Financial Services Pvt.Ltd.) using your PAN number.
When will Papadmalji Agro Foods Ltd. IPO list on NSE/BSE?
Papadmalji Agro Foods Ltd. IPO is expected to list on BSE SME on October 7, 2026.
How to check Papadmalji Agro Foods Ltd. IPO allotment status?
To check Papadmalji Agro Foods Ltd. IPO allotment status, visit the registrar's website (Skyline Financial Services Pvt.Ltd.) and enter your PAN number, application number, or DP/Client ID. You can also check on the BSE IPO allotment page at https://www.bseindia.com/investors/appli_check.aspx.
Should I apply for Papadmalji Agro Foods Ltd. IPO?
Papadmalji Agro Foods Ltd. IPO has a GMP of ₹0. Before applying, review the company's financials, business model, issue structure (OFS vs fresh issue), and sector outlook. IPOLyst is not a SEBI-registered investment advisor — please consult a qualified financial advisor before investing.
What is the lot size of Papadmalji Agro Foods Ltd. IPO?
The lot size for Papadmalji Agro Foods Ltd. IPO is 1200 shares per lot. The minimum investment for retail investors is ₹2,36,400. Retail investors can apply for a maximum of 13 lots or up to ₹2 lakh, whichever is lower.