Black Opal Consultants SME IPO GMP History
Black Opal Consultants SME IPO has been listed on October 7, 2026 at a listing price of ₹200, against the issue price of ₹197 — a gain of ₹3 (+1.52%). The GMP peaked at ₹100 on 4 October 2026 and reached a low of ₹0 on 28 September 2026. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Black Opal Consultants SME IPO raised ₹55.08 Cr. through its IPO at a price band of ₹185 to ₹197 per share, with a lot size of 600 shares. The IPO was open for subscription from 29 Sep 2026 to 01 Oct 2026.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 8 Oct, 6:01 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 07 Oct 2026 | ₹ 9 | — | 4.57% | — | ₹ 4100 |
| 06 Oct 2026 | ₹ 9 | ▼ | 4.57% | — | ₹ 9100 |
| 05 Oct 2026 | ₹ 88 | ▼ | 44.67% | — | ₹ 45.6 |
| 04 Oct 2026 | ₹ 100 | ▲ | 50.76% | — | ₹ 43300 |
| 03 Oct 2026 | ₹ 95 | ▲ | 48.22% | — | ₹ 36500 |
| 02 Oct 2026 | ₹ 78 | ▲ | 39.59% | — | ₹ 23700 |
| 01 Oct 2026 | ₹ 66 | ▲ | 33.50% | — | ₹ 23700 |
| 30 Sep 2026 | ₹ 48 | ▲ | 24.37% | — | ₹ 17300 |
| 29 Sep 2026 | ₹ 38 | ▲ | 19.29% | — | — |
| 28 Sep 2026 | ₹ 0 | — | 0% | — | — |
| 27 Sep 2026 | ₹ 0 | — | 0% | — | — |
| 26 Sep 2026 | ₹ 0 | — | 0% | — | — |
| 25 Sep 2026 | ₹ 0 | — | 0% | — | — |
| 24 Sep 2026 | ₹ 0 | — | 0% | — | — |
| 23 Sep 2026 | ₹ 0 | — | 0% | — | — |
Black Opal Consultants SME IPO dates
Key dates from opening to listing. Today is 9 November.
- Open 29 Sep 2026
- Close 01 Oct 2026
- Allotment 05 Oct 2026
- Refund/credit 06 Oct 2026
- Listing 07 Oct 2026
Black Opal Consultants SME IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹197 |
|---|---|
| GMP-based estimate (pre-listing) | ₹206 (+4.6%) |
| Listing gain / loss | +₹3 per share |
| Listing date | 07 Oct, 2026 |
| Actual listing price | ₹200 (+1.52%) |
Is Black Opal Consultants SME IPO GMP reliable?
Grey market premium for Black Opal Consultants SME IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Black Opal Consultants SME IPO full review for a fundamentals-based assessment before making any grey market trades.
Black Opal Consultants SME IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Black Opal Consultants SME IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was Retail: ₹4100. Unlike Kostak, Subject to Sauda only applies if you receive allotment.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Black Opal Consultants SME IPO
Black Opal Consultants Limited was started in 2020. It works with established real estate developers to market and sell their residential and commercial projects. Its developer clients include Gaurs Group, SKA, Galaxy, Shapoorji Pallonji, Max Estates and M3M.
It usually signs exclusive or semi-exclusive rights to sell specific units in a project and earns brokerage when they sell. In some cases it takes on an exclusive sale arrangement where it commits to selling a block of inventory and earns a commission or margin on it. It also works with its own group entities, such as Aurika Homes Private Limited, selling their projects for brokerage.
Its other services are consulting and advisory for developers, loan syndication where it earns a fee for arranging finance for developers and buyers, and real estate development through group entities in Tier II cities. It works mainly on new and under construction projects in both residential and commercial segments.
Frequently asked
What is the GMP of Black Opal Consultants SME IPO?
The current Grey Market Premium (GMP) of Black Opal Consultants SME IPO is ₹ 9.
What is the Kostak Price of Black Opal Consultants SME IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Black Opal Consultants SME IPO is not available.
What is the Subject to Sauda Price of Black Opal Consultants SME IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is Retail: ₹4100.
What was the actual listing price of Black Opal Consultants SME IPO?
Black Opal Consultants SME IPO listed on October 7, 2026 at ₹200, against the issue price of ₹197 — a gain of +1.52%.
How did the GMP of Black Opal Consultants SME IPO trend before listing?
The GMP of Black Opal Consultants SME IPO was stable in its final days before listing. The GMP peaked at ₹100 on 4 October 2026. View the day-wise table above for the complete GMP history.
Explore Black Opal Consultants SME IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
