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 price band for Black Opal Consultants IPO?

The price band for Black Opal Consultants IPO is set at ₹185 to ₹197 per equity share with a minimum lot size of 600 shares.

When does Black Opal Consultants IPO open and close?

The Black Opal Consultants IPO opens on 2026-09-29 and closes on 2026-10-01. The allotment date is 2026-10-05 and the listing date is 2026-10-07.

What is the current GMP of Black Opal Consultants IPO?

The current grey market premium (GMP) for Black Opal Consultants IPO is ₹0, implying an estimated listing price of ₹197 (0% gain over the upper price band).

How do I check Black Opal Consultants IPO allotment status?

You can check the allotment status on the registrar's official portal (Skyline Financial Services Private Limited) or through the BSE/NSE allotment websites once the basis of allotment is finalized.

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 GMP Subscription Financials IPO Details Company Promoters Objects Peers Documents Allotment FAQs

Key Highlights

•Leading player in the Financial Services segment
•Price band established at ₹185 - ₹197 per equity share
•Minimum bid lot is 600 shares
•Estimated listing target of ₹197 based on current grey market activity