Black Opal Consultants IPO Subscription Status Last Day: Overall Subscription Reaches 73.80x

Black Opal Consultants IPO subscription reached 73.80 times on the last day of bidding, as of 5:54 PM on October 1, 2026. The public issue received bids for 13,72,71,000 shares against 18,60,000 shares available for subscription, excluding the anchor investor and market maker portions.

The NII category recorded the highest subscription among the main investor categories at 124.29 times, followed by Individual Investors at 60.15 times. The QIB portion was subscribed 59.77 times.

Subscription Status of Black Opal Consultants IPO

Here are the subscription details for Black Opal Consultants IPO on the last day, as of 5:54 PM:

Key Highlights – Day 3

• Black Opal Consultants IPO closed with an overall subscription of 73.80 times, rising substantially from 1.24 times at the end of Day 2.
• NIIs recorded the highest final subscription at 124.29 times. Within the NII segment, applications above ₹10 lakh were subscribed 145.19 times, while applications below ₹10 lakh were subscribed 82.56 times.
• Individual Investors subscribed 60.15 times, while QIB subscription rose sharply from 0.76 times on Day 2 to 59.77 times on the last day.

Key Highlights – Day 2

• Black Opal Consultants IPO was subscribed 1.24 times overall by the end of Day 2.
• Individual Investors recorded 1.61 times subscription, becoming the first major category to move clearly above full subscription.
• NII demand increased to 1.03 times, while QIB subscription stood at 0.76 times before the final-day increase.

Key Highlights – Day 1

• The IPO recorded overall subscription of 0.37 times on its opening day.
• QIBs subscribed 0.48 times, Individual Investors subscribed 0.39 times and the NII category stood at 0.17 times.
• Demand accelerated across all three main investor categories over the remaining two bidding days.

About Black Opal Consultants

Black Opal Consultants Limited operates in the real-estate services sector and works with property developers on the marketing and sale of residential and commercial projects. Its services include consulting and advisory, exclusive and semi-exclusive sales arrangements, loan syndication and real-estate development.

The company works with a network of brokers and uses both offline and digital channels to market properties. Its ₹55.08 crore BSE SME IPO comprises a fresh issue and an offer-for-sale component, with a price band of ₹185 to ₹197 per share.