Black Opal Consultants IPO Day 2: Subscription Status on 30 September 2026
- September 30, 2026
- Posted by: Harsh Piplani
- Category: IPO
Black Opal Consultants IPO Day 2, 30 Sep 2026. Subscribed 0.37x at Day 1 close: QIB 0.48x, Retail 0.39x, NII 0.17x. Price band Rs 185-197. Closes 1 Oct.
Quick Answer
The Black Opal Consultants IPO is on Day 2 of bidding on 30 September 2026, after a moderate opening day. The Black Opal Consultants IPO closed Day 1 subscribed 0.37 times overall, with QIB leading at 0.48 times, retail at 0.39 times and NII at 0.17 times. Bidding remains open until 1 October 2026, and investors should track the live category wise numbers on BSE through the day.
The Black Opal Consultants IPO has entered Day 2 of its bidding window, which opened on 29 September 2026 and closes on 1 October 2026. Black Opal Consultants Limited, a real estate advisory and brokerage company, is raising about Rs 55.08 crore through a combination of fresh issue and offer for sale, and the shares are proposed to list on the BSE SME platform. The latest full session data available is the Day 1 close of 28 September 2026.
Day 1 bidding for the issue closed with the issue subscribed 0.37 times overall, with QIB leading at 0.48 times and retail close behind at 0.39 times, while NII lagged at 0.17 times. With one more session before the 1 October close, the book has room to build.
Click Here – Get Free Investment Predictions
Black Opal Consultants IPO Details
The table below sets out the key parameters of the issue.
| Open Date | 29 September 2026 |
| Close Date | 1 October 2026 |
| Face Value | Rs 10 per share |
| Price Band | Rs 185 to Rs 197 per share |
| Lot Size | 600 shares (minimum bid 1,200 shares) |
| Issue Size | Rs 55.08 crore |
| Issue Type | Book Built Issue, SME |
| Listing At | BSE SME |
| Allotment Date | 5 October 2026 |
| Listing Date | 7 October 2026 |
Black Opal Consultants IPO Subscription Status Day 2
Bidding for the issue is updated through the trading session on BSE. The table below shows the position at the close of Day 1 along with the figure recorded so far on Day 2.
| Investor Category | Subscription at Day 1 Close (29 Sep, 5:07 PM) | Subscription So Far (Day 2, 30 Sep) |
|---|---|---|
| Qualified Institutional Buyers (QIB) | 0.48 times | Updating |
| Non-Institutional Investors (NII) | 0.17 times | Updating |
| Retail Individual Investors | 0.39 times | Updating |
| Overall | 0.37 times | Updating through the session |
QIB and retail led the issue through Day 1, while NII has room to build. Investors should treat the Day 2 figures as provisional since bidding remains open until the 1 October close.
Track Subscription Status for the issue on the Univest Screener
How to Apply for the Black Opal Consultants IPO
- Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.
- Select the issue on your broker app or net banking platform and enter your bid quantity and price within the Rs 185 to Rs 197 band, with a minimum bid of 1,200 shares.
- Submit the application through the UPI-based ASBA method so the bid amount is blocked rather than debited immediately.
- Approve the UPI mandate on your phone before the daily cut off time, keeping in mind the issue closes on 1 October.
Download the Univest iOS App or Univest Android App to apply for the issue before the 1 October close.
Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.
Conclusion
The issue closed Day 1 at 0.37 times overall, with QIB and retail leading and one session left before the 1 October close. Investors considering the issue should review the company financials and SME liquidity risks in the RHP on bseindia.com, and apply only after independent due diligence.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs
What is the Black Opal Consultants IPO subscription status on Day 2?
Ans. The issue closed Day 1 subscribed 0.37 times overall, with QIB leading at 0.48 times, retail at 0.39 times and NII at 0.17 times, and figures for Day 2, 30 September 2026, are updating through today’s session on BSE.
When does the Black Opal Consultants IPO close?
Ans. The issue closes for subscription on 1 October 2026, having opened on 29 September 2026.
What is the Black Opal Consultants IPO price band and lot size?
Ans. The issue price band is Rs 185 to Rs 197 per share, with a lot size of 600 shares. Retail investors must apply for a minimum of 2 lots, or 1,200 shares, taking the minimum investment to about Rs 2,36,400 at the upper price band.
Which category led the Black Opal Consultants IPO on Day 1?
Ans. Qualified institutional buyers led the issue on Day 1 at 0.48 times, closely followed by retail at 0.39 times, while NII stood at 0.17 times.
What is the Black Opal Consultants IPO GMP?
Ans. Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.
How do I apply for the Black Opal Consultants IPO before it closes?
Ans. You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method, enter your bid quantity and price within the Rs 185 to Rs 197 band, with a minimum bid of 1,200 shares, then approving the UPI mandate before the daily cut off.
When will the Black Opal Consultants IPO be allotted and listed?
Ans. The issue allotment is expected to be finalised on 5 October 2026, with listing on the BSE SME platform tentatively scheduled for 7 October 2026.
What does Black Opal Consultants Limited do?
Ans. Black Opal Consultants Limited is a real estate advisory and brokerage company that facilitates the sale of residential and commercial properties developed by third-party developers, with a focus on luxury properties.
