Construction & Real Estate Services - Listed on 07 October 2026
Black Opal Consultants (Construction & Real Estate Services) closed its IPO window in 2026 and listed on NSE and BSE on 07 October 2026 at an upper band issue price of Rs 197, opening at Rs 200 for a listing gain of +1.5%. The IPO was subscribed 73.80x overall - QIB 59.77x, HNI/NII 124.29x, Retail 60.15x. The total issue size was Rs 55.08 Cr (Fresh Issue Rs 44.09 Cr, OFS Rs 10.99 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Construction & Real Estate Services
Black Opal Consultants operates in the Construction & Real Estate Services space. The company’s listed profile is shaped by its operating niche, customer demand and ability to convert that demand into steady cash flows. Investors should read its exchange filings alongside the headline listing numbers for a fuller view of the business.
Issue structure, listing outcome and context
The Black Opal Consultants issue was offered at an upper price of Rs 197 and raised approximately Rs 55.08 crore. The final outcome reflected a mix of subscription demand, valuation, market conditions and the company’s own operating story. Fresh issue and offer-for-sale details, where available, are shown in the issue metrics below.
Number of times each investor category subscribed by close of Day 3.
How overall subscription built up across the three-day issue window.
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | - | - |
| Day 2 | - | - |
| Day 3 | - | - |
| Day 4 | - | - |
| Day 5 | - | - |
How the broader market moved around the Black Opal Consultants IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Black Opal Consultants IPO listed at +1.5% versus the upper issue price of Rs 197 on 07 October 2026.
Black Opal Consultants IPO was subscribed 73.80x overall. QIB portion was subscribed 59.77x, HNI / NII 124.29x and Retail 60.15x.
Day-by-day IPO GMP data for Black Opal Consultants is listed in the table above.