What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial premium over the issue price that investors pay in the unlisted market prior to official listing on NSE/BSE.

How is the estimated listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit made by selling an IPO application before allotment, irrespective of whether the application is allotted shares.

What is Subject to Sauda?

Subject to Sauda is an agreement where payment is made only if the seller receives share allotment in the IPO.

What is the estimated listing price for Black Opal Consultants IPO?

Based on the upper price band of ₹197 and current GMP of ₹0, the estimated listing price is ₹197 (approx. 0.0% gain).

What is the expected profit per lot for Black Opal Consultants IPO?

With a lot size of 600 shares and current GMP of ₹0, expected profit per retail application lot is approximately ₹0.

IPO GreyPremiumLIVE

Grey Market Intelligence

Black Opal Consultants

ListedSME

Financial Services · BSE

Black Opal Consultants Ltd., incorporated in 2020, operates as a real estate sales and advisory platform focused primarily on the Delhi-NCR market. The company works with reputed developers including Gaurs Group, SKA, Galaxy, Shapoorji Pallonji, Max Estates and M3M to market and sell residential and commercial projects. Screener Its core business is facilitating sales of newly constructed and under-construction properties through exclusive and semi-exclusive sales mandates. In addition to brokerage, the company has expanded into loan syndication, property advisory, inventory underwriting and selective real-estate development through group entities

Price Band

₹185 – ₹197

Issue Size

₹279.60 L Cr

Lot Size

600 shares

GMP

—

Est. Listing

₹197

at current GMP

Subscribed

73.80x

overall

Open

29 Sep 2026

1 Oct 2026

Allotment

5 Oct 2026

Refund

6 Oct 2026

Demat Credit

7 Oct 2026

Listing

7 Oct 2026

Last updated about 6 hours ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Black Opal Consultants GMP Today

Last updated: 7 Oct 2026

Current Premium

₹00.0%

Issue Price (Upper)

₹197

Band: ₹185 – ₹197

Estimated Listing Price

₹197

Upper price + GMP

Lot Size

600 shares

Min investment ₹1,18,200

Estimated Profit / Lot

Date	GMP (₹)	GMP %	Est. Listing
7 Oct 2026	—	0.0%	₹197
6 Oct 2026	—	0.0%	₹197
5 Oct 2026	—	0.0%	₹197

About Black Opal Consultants Public Issue & Market Profile

Black Opal Consultants is bringing an initial public offering (IPO) in the Financial Services sector with an aggregate issue size of ₹27,96,000 Crores. The shares are offered at a price band of ₹185 to ₹197 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.

Public Issue & Pricing Context:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 600 shares (approx. ₹1,18,200 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Basis of Allotment & Listing Timeline:

Allotment reconciliation will be managed by Skyline Financial Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2026-10-07, while un-allotted funds or UPI block mandates will be released on 2026-10-06.

Frequently Asked Questions

What is Black Opal Consultants IPO GMP today?

The latest grey market premium for Black Opal Consultants IPO is ₹0, which indicates an expected listing price of ₹197.

What does Kostak Rate and Sauda mean in IPO GMP?

Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.

Is Grey Market Premium officially recognized?

No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.

Black Opal Consultants

Black Opal Consultants GMP Today

Black Opal Consultants GMP Historical Trend

GMP History

Estimated Listing Price

About Black Opal Consultants Public Issue & Market Profile

Frequently Asked Questions

What is Black Opal Consultants IPO GMP today?

What does Kostak Rate and Sauda mean in IPO GMP?

Is Grey Market Premium officially recognized?