Prominent Investors Buy into Newly Listed Black Opal Consultants Through Bulk Deals
Mumbai, October 12, 2026: Max Family Office, through Piveta Estates, and Gaursons Promoters have acquired equity shares in the newly listed Black Opal Consultants Ltd. through open market transactions, according to a press release.
As per bulk deal data published by the BSE between October 7, 2026, and October 9, 2026, the two institutional investors collectively purchased 1,99,800 equity shares of the company for approximately Rs 4.04 crore.
Piveta Estates Pvt. Ltd. is a private company where Analjit Singh, Founder and Chairman, Max Group, and Sahil Vachani, Vice Chairman & Managing Director, Max Estates Ltd., serve on the board of directors. Gaursons Promoters Pvt. Ltd. operates as a promoter entity of the Gaurs Group.
In a separate transaction, Atul Lall, Vice Chairman & Managing Director, Dixon Technologies (India) Ltd., confirmed acquiring 48,600 equity shares of Black Opal Consultants in his personal capacity.
Black Opal Consultants made its debut on the BSE SME platform on October 7, 2026, listing at Rs 200 per share against an issue price of Rs 197. The Rs 55.08 crore initial public offering comprised a fresh issue of Rs 44.09 crore alongside an offer for sale of Rs 10.99 crore. The issue attracted strong investor demand, achieving an overall subscription of 68.71 times.
