Black Opal Consultants
· SME · BSE
Price Band
₹185–197
Lot Size
600 shares
Issue Size
₹55 Cr
Min. Investment
₹2,36,400
Grey Market Premium
Last unofficial quote before listing
Cap price plus current GMP: ₹206 — arithmetic, not a forecast
Subscription Status
Category-wise subscription figures aren't available for this issue.
Black Opal ConsultantsIPO: Overview & Key Facts
Black Opal Consultants IPO is an SME issue that listed on BSE on 7 October 2026. The price band is ₹185–₹197 per equity share, with a market lot of 600 shares. The total issue size is ₹55 Cr. At the upper price band, the minimum application for an individual investor is 2 lots (1,200 shares), amounting to ₹2,36,400 — SME issues require individual investors to bid for at least two lots.
Black Opal Consultants IPO GMP & Listing
The last grey market premium (GMP) reported for Black Opal Consultants IPO before listing was ₹9, about 4.57% over the upper price band of ₹197, and informal quotes had eased over the sessions we recorded. The shares opened at ₹200 on listing day, 1.5% above the issue price of ₹197. GMP is an unofficial, unregulated indicator quoted by off-market dealers; it moves with supply and demand and is not a guaranteed listing price. For how often it has been right, read our research on IPO GMP accuracy.
Black Opal Consultants IPO Allotment & Listing
The registrar for this issue is Skyline Financial Services Pvt. Ltd.; the basis of allotment was finalised on 5 October 2026 and the shares listed on 7 October 2026. You can check your allotment status on our IPO Allotment Checker using your PAN or application number.
Listing Performance
Issue Price
₹197
Listed At
₹200
Current Price
₹174.95
Issue Objectives
- Funding for securing Sales/Marketing mandates
- Investment in Aurika Developers LLP, one of Group Entity, for financing the development of its Ayodhya Project
- General Corporate Purposes
- Issue Expenses
Reservation
| Category | Shares Offered | % |
|---|---|---|
| QIB | 13,27,200 | 49.97% |
| − Anchor Investor | 7,96,200 | 0% |
| − QIB (Ex. Anchor) | 5,31,000 | 0% |
| NII (HNI) | 3,99,000 | 15.02% |
| − bNII > ₹10L | 2,65,800 | 0% |
| − sNII < ₹10L | 1,33,200 | 0% |
| Retail | 9,30,000 | 35.01% |
| Market Maker | 1,39,800 | 0% |
- QIB50.0%
- − Anchor Investor0.0%
- − QIB (Ex. Anchor)0.0%
- NII (HNI)15.0%
- − bNII > ₹10L0.0%
- − sNII < ₹10L0.0%
- Retail35.0%
- Market Maker0.0%
Market Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 1200 | ₹2,36,400 |
| Individual investors (IND) (Max) | 2 | 1200 | ₹2,36,400 |
| S-HNI (Min) | 3 | 1800 | ₹3,54,600 |
| S-HNI (Max) | 8 | 4800 | ₹9,45,600 |
| B-HNI (Min) | 9 | 5400 | ₹10,63,800 |
Financials (₹ Cr)
Valuations
EPS (Pre IPO)
14.63
EPS (Post IPO)
11.54
ROE
37.40%
P/E (Pre IPO)
13.47
P/E (Post IPO)
17.07
Market Cap
₹164.28 Cr.
Contact Details
Black Opal Consultants Ltd. Address
- +91 9999560810
- investors@blackopalgroup.in
- https://www.blackopalgroup.in/
Registrar Contact Details
Skyline Financial Services Pvt. Ltd.
- +91 11 4045 0193
- ipo@skylinerta.com
- https://skylinerta.com
- D-153/A, 1st Floor, Okhla Industrial Area Phase-I, New Delhi – 110020
Frequently Asked Questions
Key Dates
- Open Date
- 29 Sept 2026
- Close Date
- 01 Oct 2026
- Basis of Allotment
- 05 Oct 2026
- Listing Date
- 07 Oct 2026
Issue Details
- Registrar
- Skyline Financial
- Exchange
- BSE