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Black Opal Consultants Ltd
CLOSED
BSE SME
Bookbuilding IPO
Fresh capital cum OFS
Black Opal Consultants IPO GMP
GREY MARKET
PREMIUM
₹
+ 36
+18% expected return
EST. LISTING
PRICE
₹233
Issue Price: ₹
197
Issue Price
₹197
Face Value
₹10
Lot Size
600 shares
IPO Size
Agg. upto ₹55 Cr
Open Date
29 Sep 2026
Close Date
01 Oct 2026
Allotment
05 Oct 2026
Listing Date
07 Oct 2026
Exchange
BSE SME
Black Opal Consultants IPO Details: Price, Dates & Financials
The Black Opal Consultants IPO GMP strength score is 5.6 out of 10, which the dashboard rates as Moderate. The Black Opal Consultants IPO valuation is tagged Good. The Black Opal Consultants IPO is subscribed 51.79 times overall so far. Amounts are calculated at the upper price band of ₹197.
IPO Analytics Dashboard
LIVE
Black Opal Consultants IPO GMP Insights
Valuation
Good
Black Opal Consultants IPO GMP Strength Score
6
/ 10
Moderate
0–3 Weak
3–6 Moderate
6–8 Good
8–10 Strong
Black Opal Consultants IPO Category-wise Subscription
Shares offered, bid & amount
| Category | Sub (x) | Offered | Bid For |
|---|---|---|---|
| QIB | 24.58 | 1,327,200 | 32,622,000 |
| NII / HNI | 124.27 | 399,000 | 49,583,400 |
| Retail (RII) | 59.54 | 930,000 | 55,369,200 |
| Market Maker | — | 139,800 | — |
| Total | 51.79 | 2,656,200 | 137,574,600 |
* Amount calculated at upper price band (₹197) · ** Total includes all investor categories
Black Opal Consultants IPO Application Sizing
Minimum investment by category
Retail Investors ?
Min. Lots
2
Shares / Lot
1,200
Min. Investment
₹236,400
HNI Investors ?
Min. Lots
3
Min. Shares
1,800
Min. Investment
₹354,600
Black Opal Consultants IPO Valuation — EPS & P/E
Pre & post-issue metrics
Pre-Issue EPS ?
₹ 15
Post-Issue EPS ?
₹ 12
Pre-Issue P/E ?
13 x
Post-Issue P/E ?
17 x
Black Opal Consultants IPO Timeline & Key Dates
- 1 Initiation of Refund 06 Oct 2026
- 2 Credit of Shares to Demat 06 Oct 2026
Investor Interpretation
- The IPO P/E of 17x reflects a good valuation relative to typical market ranges.
- Pre-issue EPS of ₹15 compares to post-issue EPS of ₹12 after dilution.
This IPO has relatively lower interest or stretched valuation. Proceed with thorough research and caution.
Black Opal Consultants IPO Subscription FAQs
Black Opal Consultants IPO is subscribed 51.79x overall (Retail 59.54x, QIB 24.58x, NII/HNI 124.27x).
The retail (RII) portion of Black Opal Consultants IPO is subscribed 59.54x.
Black Opal Consultants IPO — QIB 24.58x, NII/HNI 124.27x.
In Black Opal Consultants IPO, retail investors can apply for a minimum of 2 lot(s) (₹₹236,400); HNI/sNII minimum 3 lots (₹₹354,600).
Shares offered by category — QIB 1,327,200 shares, Retail 930,000 shares.
Black Opal Consultants IPO valuation — pre-issue EPS ₹14.63, post-issue EPS ₹11.54, pre-issue P/E 13.47, post-issue P/E 17.07.
Subscription is shares bid for divided by shares offered in that category. If 10 lakh shares are offered and 50 lakh are bid for, the category is subscribed 5 times. Final numbers are confirmed after the bidding closes.
The NII category covers investors applying for shares outside the retail investor category, while HNI commonly refers to high-value investors within the NII category. Understanding the Black Opal Consultants IPO's NII and HNI subscription levels helps investors assess demand for the Black Opal Consultants IPO and overall investor interest.
GMP and IPO data are unofficial and for information only — not investment advice. Read the full disclaimer.