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Subscription Status · Sep 29 – Oct 01, 2026 · ₹185–197
The Black Opal Consultants IPO subscription has recorded exceptional investor demand with an overall subscription of 73.80× as of Oct 01, 2026, indicating that investors applied for 73.80 times the number of shares on offer. All investor categories (institutional, HNI, and retail) have participated actively, making this one of the closely watched IPO openings.
Last updated: Oct 01, 2026, 5:17 PM IST
| Category | Shares Offered | Shares Bid For | Times Subscribed | Applications |
|---|---|---|---|---|
|
QIB
Qualified Institutional Buyers
|
531,000 | 31,738,200 |
59.77×
|
- |
|
NII
Non-Institutional Investors
|
399,000 | 49,590,000 |
124.29×
|
- |
|
bNII
Bids above ₹10L
|
265,800 | 38,592,600 |
145.19×
|
- |
|
sNII
Bids below ₹10L
|
133,200 | 10,997,400 |
82.56×
|
- |
|
Individual
Individual Investors
|
930,000 | 55,942,800 |
60.15×
|
- |
|
Total
|
1,860,000 | 137,271,000 |
73.80×
|
- |
How subscription built up across investor categories over time
Snapshot of each day's bidding activity
| Category | Offered | Bid For | Times | Applications |
|---|---|---|---|---|
| QIB | 531,000 | 253,800 | 0.48× | - |
| NII | 399,000 | 69,600 | 0.17× | - |
| bNII | 265,800 | 56,400 | 0.21× | - |
| sNII | 133,200 | 13,200 | 0.10× | - |
| Individual Investors | 930,000 | 367,200 | 0.39× | - |
| Total | 1,860,000 | 690,600 | 0.37× | - |
| Category | Offered | Bid For | Times | Applications |
|---|---|---|---|---|
| QIB | 531,000 | 406,200 | 0.76× | - |
| NII | 399,000 | 410,400 | 1.03× | - |
| bNII | 265,800 | 255,000 | 0.96× | - |
| sNII | 133,200 | 155,400 | 1.17× | - |
| Individual Investors | 930,000 | 1,498,800 | 1.61× | - |
| Total | 1,860,000 | 2,315,400 | 1.24× | - |
| Category | Offered | Bid For | Times | Applications |
|---|---|---|---|---|
| QIB | 531,000 | 31,738,200 | 59.77× | - |
| NII | 399,000 | 49,590,000 | 124.29× | - |
| bNII | 265,800 | 38,592,600 | 145.19× | - |
| sNII | 133,200 | 10,997,400 | 82.56× | - |
| Individual Investors | 930,000 | 55,942,800 | 60.15× | - |
| Total | 1,860,000 | 137,271,000 | 73.80× | - |
As of October 01, 2026, the Black Opal Consultants IPO has been subscribed 73.80 times overall. The IPO is fully subscribed with strong investor demand indicating extremely high interest.
The Black Opal Consultants IPO subscription window was open from September 29, 2026 to October 01, 2026. Investors could apply through their demat account or ASBA facility.
The Black Opal Consultants IPO has a price band of ₹185 to ₹197 per share, with a lot size of 600 shares. Minimum retail investment: ₹111,000 (lower band) or ₹118,200 (upper band).
The QIB category has been subscribed 59.77 times. QIBs were offered 531,000 shares. Strong QIB subscription indicates high institutional confidence.
Overall NII: 124.29×. bNII (>₹10L): 145.19×, sNII (<₹10L): 82.56×. NII includes HNIs and corporate entities investing above ₹2 lakh.
Basis of allotment is on October 05, 2026. Check via the registrar's website, Skyline Financial Services Pvt.Ltd. using your PAN number, application number, or DP/Client ID. You can also check on BSE/NSE websites or through your broker's app.
Black Opal Consultants IPO is expected to list on October 07, 2026. Shares will list on BSE SME platform. Allotted shares are credited to your demat account 1 business day before listing.
A subscription multiple of 73.80× means investors have bid for 73.80 times the total shares available. Since the IPO is oversubscribed, not every applicant will receive shares, allotment happens via lottery (for retail) or proportionately (for other categories). Higher multiples generally reduce allotment probability.
Based on the current retail subscription of data pending, the estimated allotment probability for retail investors is Low. Lottery-based; ~1 lot if allotted. If final subscription stays below 1×, all applicants are likely to get full allotment.
You can apply for Black Opal Consultants IPO through: (1) ASBA (Application Supported by Blocked Amount) via your bank's net banking or mobile app, (2) UPI-based application through your broker's app (Zerodha, Groww, Angel One, etc.), or (3) directly via your demat account. The amount is blocked in your account and deducted only upon allotment. Applications were accepted from Sep 29 to Oct 01, 2026.
The grey market premium (GMP) reflects unofficial pre-listing trading sentiment. For the latest Black Opal Consultants IPO GMP data, check the IPORise GMP page. Note: GMP is unofficial, speculative, and not a guaranteed indicator of listing price. Use it only as a sentiment signal alongside official subscription data.
New to reading subscription numbers? Read our guide on IPO subscription explained.
Subscription Opens Done
Sep 29, 2026Subscription Closes Done
Oct 01, 2026Basis of Allotment Done
Oct 05, 2026Listing on BSE
Oct 07, 2026Lottery-based; ~1 lot if allotted.
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Higher subscription = lower allotment probability. Progress bars compare each category relative to the highest-subscribed category.
