Black Opal Consultants IPO Subscription Status
Black Opal Consultants IPO was subscribed 68.71 times when bidding closed on 1 Oct 2026: QIB 59.77x, NII 92.3x, Retail 60.15x.
The Black Opal Consultants IPO has been subscribed 68.71x times overall. Retail investors have shown interest with bids for 60.15x the shares available. The Non-Institutional Investor (NII) category has been subscribed 92.3x. Within NII, Big HNI (B-HNI) subscribed 145.72x and Small HNI (S-HNI) subscribed 82.56x. Qualified Institutional Buyers (QIBs) have subscribed 59.77x. Data last updated on 08 Oct, 06:01 PM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 29 Sep, 2026 and closes on 01 Oct, 2026. The shares are expected to list on stock exchanges on 07 Oct, 2026.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Live bidding
Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.
| Category | Bid details | Times |
|---|---|---|
| QIB | 3,17,38,200 of 5,31,000 41 applications | 59.77x |
| NII | 4,97,29,800 of 5,38,800 12,844 applications | 92.3x |
bHNI — bid amount above ₹10 Lakh |
3,87,32,400 7,080 applications | 145.72 |
sHNI — bid amount ₹2–10 Lakh |
1,09,97,400 5,764 applications | 82.56 |
| Retail | 5,59,42,800 of 9,30,000 46,141 applications | 60.15x |
| TOTAL | 13,74,10,800 59,026 applications | 68.71x |
Black Opal Consultants IPO Basis of Allotment
Final Final figures published by the registrar, after technical rejections. Allotment price ₹197.
| Category | AppsApplications | GotAllottees | Odds |
|---|---|---|---|
| QIB 24.58x subscribed | 48 | 46 | 12 out of 1312 out of 13 |
|
Ex. Anchor
Ex. Anchor
|
41 | 39 | 10 out of 1110 out of 11 |
|
Anchor
Anchor Investors
|
7 | 7 | AllAll allotted |
| NII (HNI) 124.27x subscribed | 12,844 | 221 | 1 out of 581 out of 58 |
|
bNII >₹10L
bNII — above ₹10 Lakh
|
7,080 | 147 | 1 out of 481 out of 48 |
|
sNII <₹10L
sNII — below ₹10 Lakh
|
5,764 | 74 | 1 out of 781 out of 78 |
| Retail 59.54x subscribed | 46,141 | 775 | 1 out of 601 out of 60 |
| TOTAL 51.79x subscribed | 59,033 | 1,042 | 1 out of 571 out of 57 |
Black Opal Consultants IPO allotment probability
Your odds of an allotment in each category at the current subscription.
Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.
Subscription insights
What the current book is saying, read off the category numbers above.
Retail Allotment
High demand detected. The retail category is heavily oversubscribed, making the allotment a lottery where only 1 out of every 61 applicants will be successful.
Institutional Backing
Massive institutional interest with QIBs subscribing 59.77x. This often signals long-term confidence from professional funds.
Day-wise subscription history
End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
01 Oct 2026
Day 3 |
68.71x | ▼ | |
|
QIB59.77x
NII92.3x
Retail60.15x
|
|||
|
30 Sep 2026
Day 2 |
1.23x | ▼ | |
|
QIB0.76x
NII1.02x
Retail1.61x
|
|||
|
29 Sep 2026
Day 1 |
0.35x | ▼ | |
|
QIB0.48x
NII0.13x
Retail0.39x
|
|||
Black Opal Consultants SME IPO dates
From the bidding window 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
What does this subscription data mean?
IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:
- 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
- 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
- 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
- 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.
Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.
Frequently asked
What is the current subscription status of Black Opal Consultants IPO?
As of IPO close date (01 Oct, 2026), the Black Opal Consultants IPO is subscribed 68.71x times. Retail category is 60.15x, and NII is 92.3x subscribed.
When is the allotment date for Black Opal Consultants IPO?
The allotment for Black Opal Consultants IPO is expected to be finalized on 05 October, 2026.
What is the GMP of Black Opal Consultants?
The Grey Market Premium (GMP) for Black Opal Consultants is currently ₹9, indicating a potential listing gain of 4.57%.
When will Black Opal Consultants IPO list on the stock market?
Black Opal Consultants is scheduled to list on BSE and NSE on 07 October, 2026.
What are the chances of getting allotment in Black Opal Consultants IPO?
The retail category is oversubscribed at 60.15x, meaning allotment is by lottery. Statistically, approximately 1 in 61 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 59.77x mean for Black Opal Consultants IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 59.77x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check Black Opal Consultants IPO allotment status?
After the allotment date (05 Oct, 2026), you can check your Black Opal Consultants IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
Explore Black Opal Consultants SME IPO further
Track every stage of this IPO, from subscription to listing.
It has listed — go back to the fundamentals.
Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
