Black Opal Consultants IPO Subscription Status Day 1: Issue Subscribed 0.37 Times

Authored By HDFC SKY | Last Modified: Sep 29, 2026 06:12 PM IST

Black Opal Consultants IPO Day 1 subscription status stood at 0.37x, with QIB at 0.48x, NII at 0.17x and retail investors at 0.39x as of September 29, 2026.

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Mumbai, September 29: Black Opal Consultants IPO opened for subscription on September 29, 2026, and will close on October 1, 2026. The bookbuilding issue comprises a fresh issue of 22.38 lakh shares aggregating up to ₹44.09 crore and an offer for sale of 5.58 lakh shares aggregating up to ₹10.99 crore. The price band is fixed at ₹185 to ₹197 per share. The lot size is 600 shares, with individual investors required to apply for a minimum of two lots, or 1,200 shares. At the upper price band, the minimum investment is ₹2,36,400.

Black Opal Consultants IPO Day 1 Subscription Status

As of 5:07:29 PM on September 29, 2026, the Black Opal Consultants IPO had received bids for 6,90,600 shares against 18,60,000 shares offered, resulting in a cumulative subscription of 0.37 times.

Subscription Category	Shares Offered	Shares Bid For	Subscription
QIB (Ex Anchor)	5,31,000	2,53,800	0.48x
NII	3,99,000	69,600	0.17x
bNII (>₹10L)	2,65,800	56,400	0.21x
sNII (<₹10L)	1,33,200	13,200	0.10x
Individual Investors	9,30,000	3,67,200	0.39x
Total	18,60,000	6,90,600	0.37x

The subscription data was updated at 5:07:29 PM on September 29, 2026, marking Day 1 of the issue.

Black Opal Consultants Day-wise Subscription Summary

The available subscription data covers September 29, 2026, the first day of the issue.

Date	QIB (Ex Anchor)	NII	bNII (>₹10L)	sNII (<₹10L)	Individual Investors	Total
September 29, 2026 (Day 1)	0.48x	0.17x	0.21x	0.10x	0.39x	0.37x

Black Opal Consultants IPO Timeline

IPO Milestone	Date
Issue Open Date	September 29, 2026
Issue Close Date	October 1, 2026
Basis of Allotment Date	October 5, 2026
Initiation of Refunds	October 6, 2026
Credit of Shares	October 6, 2026
Listing Date	October 7, 2026

Brief Overview Of The Black Opal Consultants IPO

Black Opal Consultants IPO is a ₹55.08 crore bookbuilding issue comprising a fresh issue of 22.38 lakh shares aggregating up to ₹44.09 crore and an offer for sale of 5.58 lakh shares aggregating up to ₹10.99 crore. The IPO opened for subscription on September 29, 2026, and will close on October 1, 2026. The price band has been fixed at ₹185 to ₹197 per share, with a lot size of 600 shares. Individual investors need to apply for a minimum of two lots, or 1,200 shares, amounting to ₹2,36,400 at the upper price band. The minimum HNI application is three lots, or 1,800 shares, requiring ₹3,54,600 at the upper price band. The IPO is scheduled to list on the BSE SME platform, with the tentative listing date set for October 7, 2026. Khambatta Securities Ltd. is the book running lead manager, while Skyline Financial Services Pvt. Ltd. is the registrar to the issue.

Source:

https://www.bseindia.com/markets/publicIssues/DisplayIPO?id=4867&type=IPO&idtype=1&status=L&IPONo=8017&startdt=29%2F09%2F2026

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