{"id":275677,"date":"2026-09-29T00:36:57","date_gmt":"2026-09-28T19:06:57","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=275677"},"modified":"2026-09-29T00:36:57","modified_gmt":"2026-09-28T19:06:57","slug":"black-opal-consultants-initial-public-offering-day-1-subscription-28-september-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/black-opal-consultants-initial-public-offering-day-1-subscription-28-september-2026\/","title":{"rendered":"Black Opal Consultants IPO Day 1: Subscription Opens Today, 29 September 2026"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Black Opal Consultants IPO opens today, 29 Sep 2026, closes 1 Oct 2026. Price band Rs 185-197. Lot size 600 shares. Lists on BSE SME on 7 Oct.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The Black Opal Consultants IPO opens for subscription today, 29 September 2026, and will remain open until 1 October 2026. Black Opal Consultants Limited is a real estate advisory and brokerage company that facilitates the sale of residential and commercial properties for developers, with a focus on luxury properties, and is raising about Rs 55.08 crore through a combination of fresh issue and offer for sale. The price band is set at Rs 185 to Rs 197 per share, with a lot size of 600 shares, and the shares are proposed to list on the BSE SME platform. Since bidding has only just opened, subscription figures will start reflecting real demand as the days progress, so investors should track the live numbers through the session before deciding.<\/p>\n<\/p><\/div>\n<p>Black Opal Consultants Limited has opened its IPO for subscription today, 29 September 2026. The Black Opal Consultants IPO is a book built SME issue worth about Rs 55.08 crore, comprising a fresh issue of 22.38 lakh shares worth Rs 44.09 crore and an offer for sale of 5.58 lakh shares worth Rs 10.99 crore by promoter Prasoon Chauhan, and will remain open for bidding until 1 October 2026. The equity shares are proposed to be listed on the BSE SME platform.<\/p>\n<p>The company facilitates the sale of residential and commercial properties developed by third-party developers in return for brokerage or commission, holding exclusive or semi-exclusive marketing and sales rights with a focus on luxury properties, and also offers strategy, marketing, construction management and financial advisory services. Rs 7 crore of the proceeds is earmarked for securing sales and marketing mandates and Rs 25 crore for investment in Aurika Developers LLP for its Ayodhya project, a related party investment.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=black-opal-consultants-ipo-day1\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/black-opal-consultants-initial-public-offering-day-1-subscription-28-september-2026\/#Black_Opal_Consultants_IPO_Details\" title=\"Black Opal Consultants IPO Details\">Black Opal Consultants IPO Details<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/black-opal-consultants-initial-public-offering-day-1-subscription-28-september-2026\/#Black_Opal_Consultants_IPO_Quick_Facts\" title=\"Black Opal Consultants IPO Quick Facts\">Black Opal Consultants IPO Quick Facts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/black-opal-consultants-initial-public-offering-day-1-subscription-28-september-2026\/#Black_Opal_Consultants_IPO_Share_Reservation\" title=\"Black Opal Consultants IPO Share Reservation\">Black Opal Consultants IPO Share Reservation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/black-opal-consultants-initial-public-offering-day-1-subscription-28-september-2026\/#Black_Opal_Consultants_IPO_Subscription_Status_Day_1\" title=\"Black Opal Consultants IPO Subscription Status Day 1\">Black Opal Consultants IPO Subscription Status Day 1<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/black-opal-consultants-initial-public-offering-day-1-subscription-28-september-2026\/#How_to_Apply_for_the_Black_Opal_Consultants_IPO\" title=\"How to Apply for the Black Opal Consultants IPO\">How to Apply for the Black Opal Consultants IPO<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/black-opal-consultants-initial-public-offering-day-1-subscription-28-september-2026\/#About_Black_Opal_Consultants_Limited\" title=\"About Black Opal Consultants Limited\">About Black Opal Consultants Limited<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/black-opal-consultants-initial-public-offering-day-1-subscription-28-september-2026\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/black-opal-consultants-initial-public-offering-day-1-subscription-28-september-2026\/#FAQs\" title=\"FAQs\">FAQs<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/black-opal-consultants-initial-public-offering-day-1-subscription-28-september-2026\/#What_is_the_Black_Opal_Consultants_IPO_subscription_status_on_Day_1\" title=\"What is the Black Opal Consultants IPO subscription status on Day 1?\">What is the Black Opal Consultants IPO subscription status on Day 1?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/black-opal-consultants-initial-public-offering-day-1-subscription-28-september-2026\/#When_does_the_Black_Opal_Consultants_IPO_open_and_close\" title=\"When does the Black Opal Consultants IPO open and close?\">When does the Black Opal Consultants IPO open and close?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/black-opal-consultants-initial-public-offering-day-1-subscription-28-september-2026\/#What_is_the_Black_Opal_Consultants_IPO_price_band_and_lot_size\" title=\"What is the Black Opal Consultants IPO price band and lot size?\">What is the Black Opal Consultants IPO price band and lot size?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/black-opal-consultants-initial-public-offering-day-1-subscription-28-september-2026\/#What_is_the_issue_size_and_structure_of_the_Black_Opal_Consultants_IPO\" title=\"What is the issue size and structure of the Black Opal Consultants IPO?\">What is the issue size and structure of the Black Opal Consultants IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/black-opal-consultants-initial-public-offering-day-1-subscription-28-september-2026\/#What_is_the_Black_Opal_Consultants_IPO_GMP\" title=\"What is the Black Opal Consultants IPO GMP?\">What is the Black Opal Consultants IPO GMP?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/black-opal-consultants-initial-public-offering-day-1-subscription-28-september-2026\/#How_do_I_apply_for_the_Black_Opal_Consultants_IPO\" title=\"How do I apply for the Black Opal Consultants IPO?\">How do I apply for the Black Opal Consultants IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/black-opal-consultants-initial-public-offering-day-1-subscription-28-september-2026\/#When_will_the_Black_Opal_Consultants_IPO_be_allotted_and_listed\" title=\"When will the Black Opal Consultants IPO be allotted and listed?\">When will the Black Opal Consultants IPO be allotted and listed?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/black-opal-consultants-initial-public-offering-day-1-subscription-28-september-2026\/#What_does_Black_Opal_Consultants_Limited_do\" title=\"What does Black Opal Consultants Limited do?\">What does Black Opal Consultants Limited do?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/black-opal-consultants-initial-public-offering-day-1-subscription-28-september-2026\/#How_will_Black_Opal_Consultants_use_the_IPO_proceeds\" title=\"How will Black Opal Consultants use the IPO proceeds?\">How will Black Opal Consultants use the IPO proceeds?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/black-opal-consultants-initial-public-offering-day-1-subscription-28-september-2026\/#Who_are_the_registrar_and_lead_manager_for_the_Black_Opal_Consultants_IPO\" title=\"Who are the registrar and lead manager for the Black Opal Consultants IPO?\">Who are the registrar and lead manager for the Black Opal Consultants IPO?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Black_Opal_Consultants_IPO_Details\"><\/span><strong>Black Opal Consultants IPO Details<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table below sets out the key parameters of the Black Opal Consultants IPO, including the price band, lot size and important dates.<\/p>\n<table border=\"1\" cellpadding=\"6\" cellspacing=\"0\">\n<tr>\n<td><strong>Open Date<\/strong><\/td>\n<td>29 September 2026<\/td>\n<\/tr>\n<tr>\n<td><strong>Close Date<\/strong><\/td>\n<td>1 October 2026<\/td>\n<\/tr>\n<tr>\n<td><strong>Face Value<\/strong><\/td>\n<td>Rs 10 per share<\/td>\n<\/tr>\n<tr>\n<td><strong>Price Band<\/strong><\/td>\n<td>Rs 185 to Rs 197 per share<\/td>\n<\/tr>\n<tr>\n<td><strong>Lot Size<\/strong><\/td>\n<td>600 shares (minimum bid 1,200 shares)<\/td>\n<\/tr>\n<tr>\n<td><strong>Issue Size<\/strong><\/td>\n<td>Rs 55.08 crore<\/td>\n<\/tr>\n<tr>\n<td><strong>Issue Type<\/strong><\/td>\n<td>Book Built Issue, SME<\/td>\n<\/tr>\n<tr>\n<td><strong>Listing At<\/strong><\/td>\n<td>BSE SME<\/td>\n<\/tr>\n<tr>\n<td><strong>Allotment Date<\/strong><\/td>\n<td>5 October 2026<\/td>\n<\/tr>\n<tr>\n<td><strong>Listing Date<\/strong><\/td>\n<td>7 October 2026<\/td>\n<\/tr>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Black_Opal_Consultants_IPO_Quick_Facts\"><\/span><strong>Black Opal Consultants IPO Quick Facts<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table border=\"1\" cellpadding=\"6\" cellspacing=\"0\">\n<tr>\n<th>Particulars<\/th>\n<th>Snapshot<\/th>\n<\/tr>\n<tr>\n<td>Minimum retail investment<\/td>\n<td>Rs 2,36,400 (2 lots, 1,200 shares)<\/td>\n<\/tr>\n<tr>\n<td>Minimum HNI investment<\/td>\n<td>Rs 3,54,600 (3 lots, 1,800 shares)<\/td>\n<\/tr>\n<tr>\n<td>Registrar<\/td>\n<td>Skyline Financial Services Pvt Ltd<\/td>\n<\/tr>\n<tr>\n<td>Lead Manager<\/td>\n<td>Khambatta Securities Ltd<\/td>\n<\/tr>\n<\/table>\n<p>This snapshot is meant as a quick reference alongside the fuller details table above, so investors scanning the issue on mobile can find the essentials without scrolling through the whole page.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Black_Opal_Consultants_IPO_Share_Reservation\"><\/span><strong>Black Opal Consultants IPO Share Reservation<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The issue follows the standard SEBI framework for a book built SME issue, with allocations for qualified institutional buyers capped at 50 percent of the net offer alongside non-institutional and retail investors. Retail bidders must apply for a minimum of 2 lots, or 1,200 shares.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Black_Opal_Consultants_IPO_Subscription_Status_Day_1\"><\/span><strong>Black Opal Consultants IPO Subscription Status Day 1<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Bidding for the issue has opened today, 29 September 2026, so the category wise numbers below will fill in as the session progresses. QIB and larger HNI bids in SME issues can arrive at any point through the bidding window.<\/p>\n<table border=\"1\" cellpadding=\"6\" cellspacing=\"0\">\n<tr>\n<th>Investor Category<\/th>\n<th>Subscription Status, Day 1 (29 Sep)<\/th>\n<\/tr>\n<tr>\n<td>Qualified Institutional Buyers (QIB)<\/td>\n<td>Bidding just opened, updating through the session<\/td>\n<\/tr>\n<tr>\n<td>Non-Institutional Investors (NII)<\/td>\n<td>Bidding just opened, updating through the session<\/td>\n<\/tr>\n<tr>\n<td>Retail Individual Investors<\/td>\n<td>Bidding just opened, updating through the session<\/td>\n<\/tr>\n<tr>\n<td><strong>Overall<\/strong><\/td>\n<td><strong>Bidding just opened, updating through the session<\/strong><\/td>\n<\/tr>\n<\/table>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Track Subscription Status for the issue on the Univest Screener<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Apply_for_the_Black_Opal_Consultants_IPO\"><\/span><strong>How to Apply for the Black Opal Consultants IPO<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.<\/li>\n<li>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.<\/li>\n<li>Submit the application through the UPI-based ASBA method so the bid amount is blocked rather than debited immediately.<\/li>\n<li>Approve the UPI mandate on your phone before the daily cut off time, and remember the issue closes on 1 October.<\/li>\n<\/ol>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to apply for the issue on its opening day.<\/em><\/p>\n<p>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.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"About_Black_Opal_Consultants_Limited\"><\/span><strong>About Black Opal Consultants Limited<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Black Opal Consultants Limited, promoted by Prasoon Chauhan and Sheikh Arfeen Ahmed, operates in the real estate advisory and brokerage segment, facilitating property sales for developers and offering allied advisory services, ahead of the issue.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The issue has opened for bidding today, 29 September 2026, giving investors exposure to a luxury-focused real estate advisory and brokerage business. Investors considering the issue should study the related party Ayodhya investment, borrowings and SME liquidity risks in the RHP on bseindia.com, and apply only after independent due diligence.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> 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).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs\"><\/span><strong>FAQs<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Black_Opal_Consultants_IPO_subscription_status_on_Day_1\"><\/span><strong>What is the Black Opal Consultants IPO subscription status on Day 1?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The issue opened for bidding today, 29 September 2026, so Day 1 category wise figures are still filling in through the trading session. Investors can track the live numbers on BSE as the day progresses.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"When_does_the_Black_Opal_Consultants_IPO_open_and_close\"><\/span><strong>When does the Black Opal Consultants IPO open and close?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The issue opened for subscription today, 29 September 2026, and will close on 1 October 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Black_Opal_Consultants_IPO_price_band_and_lot_size\"><\/span><strong>What is the Black Opal Consultants IPO price band and lot size?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_issue_size_and_structure_of_the_Black_Opal_Consultants_IPO\"><\/span><strong>What is the issue size and structure of the Black Opal Consultants IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The issue is worth about Rs 55.08 crore, comprising a fresh issue of 22.38 lakh shares worth Rs 44.09 crore and an offer for sale of 5.58 lakh shares worth Rs 10.99 crore by promoter Prasoon Chauhan.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Black_Opal_Consultants_IPO_GMP\"><\/span><strong>What is the Black Opal Consultants IPO GMP?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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, especially this early in the bidding window.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_do_I_apply_for_the_Black_Opal_Consultants_IPO\"><\/span><strong>How do I apply for the Black Opal Consultants IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"When_will_the_Black_Opal_Consultants_IPO_be_allotted_and_listed\"><\/span><strong>When will the Black Opal Consultants IPO be allotted and listed?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The issue allotment is expected to be finalised on 5 October 2026, and the shares are tentatively scheduled to list on the BSE SME platform on 7 October 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_does_Black_Opal_Consultants_Limited_do\"><\/span><strong>What does Black Opal Consultants Limited do?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_will_Black_Opal_Consultants_use_the_IPO_proceeds\"><\/span><strong>How will Black Opal Consultants use the IPO proceeds?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Black Opal Consultants plans to use Rs 7 crore of the fresh issue proceeds for securing sales and marketing mandates and Rs 25 crore for investment in Aurika Developers LLP for its Ayodhya project, alongside general corporate purposes.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Who_are_the_registrar_and_lead_manager_for_the_Black_Opal_Consultants_IPO\"><\/span><strong>Who are the registrar and lead manager for the Black Opal Consultants IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Skyline Financial Services Pvt Ltd is the registrar for the issue, and Khambatta Securities Ltd is the book running lead manager for the issue.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the issue subscription status on Day 1?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The issue opened for bidding today, 29 September 2026, so Day 1 category wise figures are still filling in through the trading session. 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