Black Opal Consultants
ListedSMEFinancial 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
Close
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
Overall Subscription
73.80x
Total Demand
QIB Multiplier
59.70x
Institutions & Funds
NII / HNI
124.47x
High Net-Worth
Retail (RII)
60.15x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 531,600 | 31,738,200 | 59.70x |
| NIB | 398,400 | 49,590,000 | 124.47x |
| HNIs(10L +) | 265,600 | 38,592,600 | 145.30x |
| HNIs (2-10L) | 132,800 | 10,997,400 | 82.81x |
| RETAIL | 930,000 | 55,942,800 | 60.15x |
| Total | 2,258,400 | 186,861,000 | 73.80x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| HNIs(10L +) | 148 | 7,082 | 47.85x |
| HNIs(10L +) | 74 | 5,439 | 73.50x |
| RETAIL | 775 | 46,619 | 60.15x |
| Total Applications | 997 | 59,140 | 59.32x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
Bidding & Quota Instructions:
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.
Allotment Reconciliation Schedule:
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 the issue size and price band for Black Opal Consultants IPO?
The Black Opal Consultants IPO aggregate issue size is ₹27,96,000 Crores with an equity price band set at ₹185 to ₹197 per equity share. The retail lot size is 600 shares requiring a minimum capital outlay of approx. ₹1,18,200.
How can I check Black Opal Consultants IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
Where will Black Opal Consultants IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Skyline Financial Services Private Limited) and the BSE status verification website on or around 2026-10-05.