Black Opal Consultants Limited IPO Allotment Status

Written by: Team Angel OneUpdated on: 2 Oct 2026, 2:35 am IST

Black Opal Consultants Limited’s SME IPO closes for subscription today, October 1, 2026. The basis of allotment is expected to be finalised on October 5, 2026, and the shares are scheduled to list on the BSE SME platform on October 7, 2026.

Black Opal Consultants IPO is a book build issue of ₹55.08 crore. The issue comprises a fresh issue of 22.38 lakh shares aggregating to ₹44.09 crore and an offer for sale of 5.58 lakh shares aggregating to ₹10.99 crore.

Black Opal Consultants Limited is a book-built BSE SME IPO with a price band of ₹185–₹197 per equity share. The bidding window opened on September 29, 2026, and closes today, October 1, 2026.

The basis of allotment is expected to be finalised on October 5, 2026. Refunds for unsuccessful applicants and credit of shares to successful applicants’ demat accounts are expected on October 6, 2026, while the shares are scheduled to list on BSE SME on October 7, 2026.

The IPO has a market lot of 600 shares. At the upper price band, one lot costs ₹1,18,200. The minimum retail application is two lots, or 1,200 shares, requiring ₹2,36,400.

Khambatta Securities Ltd. is the book running lead manager.

Investors can check Black Opal Consultants IPO allotment status after the basis of allotment is finalised through Skyline Financial Services Private Limited, the registrar to the issue, or through the NSE/BSE IPO-status facilities.

How to Check Black Opal Consultants IPO Allotment Status Online on BSE?

Visit the BSE IPO allotment-status page.
Select “SME” under Issue Type.
Choose “Black Opal Consultants Limited” from the Issue Name dropdown after the allotment data is published.
Enter your Application Number or PAN.
Tick the “I’m not a robot” captcha.
Click on Search to view your application and allotment status.

How to Check Black Opal Consultants IPO Allotment Status on the Registrar’s Website?

Visit the official Skyline Financial Services IPO allotment-status website.
Select “Black Opal Consultants Limited” from the IPO-name dropdown once the registrar uploads the basis-of-allotment information.
Choose PAN, Application Number or DP ID/Client ID as the search method.
Enter the required details.
Complete the captcha verification.
Click on Submit or Search to view your allotment result.

Black Opal Consultants IPO Details

Black Opal Consultants’ IPO is priced in the range of ₹185–₹197 per equity share. The face value of each equity share is ₹10. The company’s issue is proposed to list on the BSE SME platform.

The IPO opened on September 29, 2026, and closes on October 1, 2026. The basis of allotment is expected on October 5, 2026, refunds and demat credits are expected on October 6, 2026, and the shares are scheduled to list on BSE SME on October 7, 2026.

The market lot comprises 600 shares, requiring ₹1,18,200 at the upper price band. The minimum retail application is two lots, or 1,200 shares, requiring ₹2,36,400. Applications can be made in permitted multiples of 600 shares thereafter.

Allocation Quota for Black Opal Consultants IPO

Investor Category	Shares	% of Net Issue	% of Total Issue
QIB	13,27,200	49.97%	47.47%
– Anchor Investor	7,96,200		28.48%
– QIB (Ex. Anchor)	5,31,000		18.99%
NII (HNI)	3,99,000	15.02%	14.27%
– bNII > ₹10L	2,65,800		9.51%
– sNII < ₹10L	1,33,200		4.76%
Retail	9,30,000	35.01%	33.26%
Firm Reservations
Market Maker	1,39,800		5.00%
Total	27,96,000	100.00%	100.00%

Note: Category-wise shares offered and subscription figures vary slightly across sources and updates; the final basis of allotment published by Skyline Financial Services will be definitive.

Black Opal Consultants IPO – Overall Subscription Status

As of the latest available update on October 1, 2026, at 5:54:37 PM (Day 3), the Black Opal Consultants IPO was subscribed 73.80 times overall. The non-institutional investor (NII) category was subscribed 124.29 times, the QIB (Ex Anchor) category 59.77 times, and the retail (Individual Investors) category 60.15 times. These figures may change slightly following exchange reconciliation after the issue closes.

Black Opal Consultants IPO Subscription Details

Category	Subscription (x)	Shares Offered	Shares Bid For	Total Amount (₹ Crore)
Market Maker	1	1,39,800	1,39,800	2.754
QIB (Ex Anchor)	59.77	5,31,000	3,17,38,200	625.243
NII	124.29	3,99,000	4,95,90,000	976.923
— bNII (> ₹10L)	145.19	2,65,800	3,85,92,600	760.274
— sNII (< ₹10L)	82.56	1,33,200	1,09,97,400	216.649
Individual Investors	60.15	9,30,000	5,59,42,800	1,102.073
Total	73.80	18,60,000	13,72,71,000	2,704.239

Note: Shares Offered and Total Amount are calculated at the upper price band. The Total row excludes the Anchor and Market Maker portions, and the NII figures exclude the Market Maker portion.

Black Opal Consultants Business Overview

Incorporated in 2020, Black Opal Consultants Limited works with well-known real estate developers such as Gaurs Group, SKA, Galaxy, Shapoorji Pallonji, Max Estates, and M3M to market and sell their residential and commercial projects. The Company signs exclusive or semi-exclusive sales rights to market and sell specific units within a project in return for brokerage income. The Company also works with its Group Entities, such as Aurika Homes Private Limited to market and sell Aurika Homes’ projects in return for brokerage income. This helps strengthen group synergies and enhances business growth.

The Company works in both residential and commercial segments, mainly focusing on new and under-construction properties. It supports developers in selling their projects and helps customers buy properties. Black Opal has a network of more than 200 brokers, which helps expand its reach. It also uses platforms like Facebook and Google for marketing.

Black Opal has entered the development business through Aurika Developers LLP. Its first project, “Veda” , is a commercial and hospitality project in Darshan Nagar, Ayodhya.

Black Opal Consultants IPO allotment status is expected to be available on October 5, 2026, after approval of the basis of allotment. Investors should check Skyline Financial Services or BSE using their PAN, application number or DP ID/Client ID.

Know more about IPO allotment status and check your application details online for the latest updates on share allocation.

Disclaimer: This article has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute personal investment advice or a recommendation to buy, sell or hold any security. Investors should conduct their own research and consult a SEBI-registered investment adviser before making investment decisions.

Investments in the securities market are subject to market risks. Read all related documents carefully before investing.

Published on: Oct 1, 2026, 9:04 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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