Omara Ventures India IPO
Updated 11 Nov 2026, 6:45 pm.
Minimum investment (Individual investors (IND))
₹2,48,800
2 lots · 800 shares at the upper price band
Price band
₹311
Latest GMP
₹0
0.0% of the ₹311 upper band
Est. listing price
₹311
Issue size
₹39.87 Cr
Allotment status
Check it on the registrar's page or either exchange with your PAN or application number.
- Allotment finalised6 Oct 2026(done)
- Refunds start7 Oct 2026(done)
- Shares credited to demat7 Oct 2026(done)
- Listing8 Oct 2026(done)
GMP history
Each point is a recorded observation from the scheduled data sync.
| Observed | GMP | Est. listing price |
|---|---|---|
| 8 Oct 2026, 8:50 am | ₹0 | ₹311 |
| 8 Oct 2026, 8:45 am | ₹0 | ₹311 |
| 7 Oct 2026, 6:50 pm | ₹0 | ₹311 |
| 7 Oct 2026, 6:45 pm | ₹0 | ₹311 |
| 7 Oct 2026, 1:50 pm | ₹0 | ₹311 |
| 7 Oct 2026, 1:45 pm | ₹0 | ₹311 |
| 7 Oct 2026, 8:50 am | ₹0 | ₹311 |
| 7 Oct 2026, 8:45 am | ₹0 | ₹311 |
| 6 Oct 2026, 6:50 pm | ₹0 | ₹311 |
| 6 Oct 2026, 6:45 pm | ₹0 | ₹311 |
| 6 Oct 2026, 1:50 pm | ₹0 | ₹311 |
| 6 Oct 2026, 1:45 pm | ₹0 | ₹311 |
| 6 Oct 2026, 8:50 am | ₹0 | ₹311 |
| 6 Oct 2026, 8:45 am | ₹0 | ₹311 |
| 5 Oct 2026, 6:50 pm | ₹0 | ₹311 |
| 5 Oct 2026, 6:45 pm | ₹0 | ₹311 |
| 5 Oct 2026, 1:50 pm | ₹0 | ₹311 |
| 5 Oct 2026, 1:45 pm | ₹0 | ₹311 |
| 5 Oct 2026, 11:31 am | ₹0 | ₹311 |
| 5 Oct 2026, 8:50 am | ₹0 | ₹311 |
| 5 Oct 2026, 8:45 am | ₹0 | ₹311 |
| 3 Oct 2026, 10:44 pm | ₹0 | ₹311 |
| 2 Oct 2026, 8:50 am | ₹0 | ₹311 |
| 2 Oct 2026, 8:45 am | ₹0 | ₹311 |
| 1 Oct 2026, 6:50 pm | ₹0 | ₹311 |
| 1 Oct 2026, 6:45 pm | ₹0 | ₹311 |
| 1 Oct 2026, 1:50 pm | ₹0 | ₹311 |
| 1 Oct 2026, 1:45 pm | ₹0 | ₹311 |
| 30 Sept 2026, 6:50 pm | ₹0 | ₹311 |
| 30 Sept 2026, 6:45 pm | ₹0 | ₹311 |
| 30 Sept 2026, 1:50 pm | ₹0 | ₹311 |
| 30 Sept 2026, 1:45 pm | ₹0 | ₹311 |
| 29 Sept 2026, 6:50 pm | ₹0 | ₹311 |
| 29 Sept 2026, 6:45 pm | ₹0 | ₹311 |
| 29 Sept 2026, 1:50 pm | ₹0 | ₹311 |
| 29 Sept 2026, 1:45 pm | ₹0 | ₹311 |
| 29 Sept 2026, 8:50 am | ₹0 | ₹311 |
| 29 Sept 2026, 8:45 am | ₹0 | ₹311 |
| 28 Sept 2026, 6:50 pm | ₹0 | ₹311 |
| 28 Sept 2026, 6:45 pm | ₹0 | ₹311 |
| 28 Sept 2026, 1:50 pm | ₹0 | ₹311 |
| 28 Sept 2026, 1:45 pm | ₹0 | ₹311 |
| 28 Sept 2026, 8:50 am | ₹0 | ₹311 |
| 28 Sept 2026, 8:45 am | ₹0 | ₹311 |
| 26 Sept 2026, 6:50 pm | ₹0 | ₹311 |
| 26 Sept 2026, 6:45 pm | ₹0 | ₹311 |
| 26 Sept 2026, 1:50 pm | ₹0 | ₹311 |
| 26 Sept 2026, 1:45 pm | ₹0 | ₹311 |
| 26 Sept 2026, 8:50 am | ₹0 | ₹311 |
| 26 Sept 2026, 8:45 am | ₹0 | ₹311 |
| 25 Sept 2026, 6:50 pm | ₹0 | ₹311 |
| 25 Sept 2026, 6:45 pm | ₹0 | ₹311 |
| 25 Sept 2026, 1:45 pm | ₹0 | ₹311 |
| 25 Sept 2026, 8:50 am | ₹0 | ₹311 |
| 25 Sept 2026, 8:45 am | ₹0 | ₹311 |
| 24 Sept 2026, 6:50 pm | ₹0 | ₹311 |
| 24 Sept 2026, 6:45 pm | ₹0 | ₹311 |
| 24 Sept 2026, 1:50 pm | ₹0 | ₹311 |
| 24 Sept 2026, 1:45 pm | ₹0 | ₹311 |
| 24 Sept 2026, 8:50 am | ₹0 | ₹311 |
| 24 Sept 2026, 8:45 am | ₹0 | ₹311 |
| 23 Sept 2026, 6:50 pm | ₹0 | ₹311 |
| 23 Sept 2026, 6:45 pm | ₹0 | ₹311 |
GMP is an unofficial, unregulated grey-market estimate — not a prediction of listing performance.
Issue details
- Board
- SME
- Price band
- ₹311
- Issue size
- ₹39.87 Cr
- Lot size
- 400
- Opens
- 30 Sept 2026
- Closes
- 5 Oct 2026
- Allotment
- 6 Oct 2026
- Listing
- 8 Oct 2026
- Est. listing price
- ₹311
- Listing price
- Awaited
- Listing gain
- Awaited
- Registrar
- Bigshare Services Pvt.Ltd.
- Minimum investment
- ₹2,48,800 (2 lots · 800 shares)
- Face value
- ₹10 per share
- Issue type
- Bookbuilding IPO
- Sale type
- Fresh capital only
- Listing at
- BSE SME
- Refunds
- 7 Oct 2026
- Shares credited
- 7 Oct 2026
- Promoter holding
- 99.99% before · 69.03% after
- Lead managers
- Wealth Mine Networks Ltd.
Offer documents & links
Subscription by category
As of 5 Oct 2026, 5:53 pm.
Total subscription
1.06x
Full issue details
Details as published for this issue, read 7 Oct 2026, 9:05 am. Verify against the RHP before applying.
IPO Details
| IPO Date | 30 Sep to 5 Oct, 2026 |
|---|---|
| Listing Date | Thu, Oct 8, 2026 (tentative) |
| Face Value | ₹ 10 per share |
| Price Band | ₹296 to ₹311 |
| Lot Size | 400 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 13,50,000 shares (agg. up to ₹ 42 Cr) |
|---|---|
| Reserved for Market Maker | 68,000 shares (agg. up to ₹ 2 Cr) Rikhav Securities Ltd. |
| Fresh Issue (Ex Market Maker) | 12,82,000 shares (agg. up to ₹ 40 Cr) |
| Net Offered to Public | 12,82,000 shares (agg. up to ₹ 40 Cr) |
| Share Holding Pre Issue | 30,10,000 shares |
| Share Holding Post Issue | 43,60,000 shares |
IPO Timetable (Tentative)
- IPO Open
- Wed, Sep 30, 2026
- IPO Close
- Mon, Oct 5, 2026
- Allotment
- Tue, Oct 6, 2026
- Refund
- Wed, Oct 7, 2026
- Credit of Shares
- Wed, Oct 7, 2026
- Listing
- Thu, Oct 8, 2026
Issue Reservation
- QIB18.99%
- NII (HNI)37.99%
- Retail37.99%
- Market Maker5.04%
| Investor Category | Shares | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB | 2,56,400 | 20.00% | 18.99% |
| NII (HNI) | 5,12,800 | 40.00% | 37.99% |
| - bNII > ₹10L | 3,42,000 | — | 25.33% |
| - sNII < ₹10L | 1,70,800 | — | 12.65% |
| Retail | 5,12,800 | 40.00% | 37.99% |
| Firm Reservations | |||
| Market Maker | 68,000 | — | 5.04% |
| Total | 13,50,000 | 100.00% | 100.00% |
Omara Ventures India IPO comprises a total issue size of 13,50,000 shares. The net offer to the public is 12,82,000 shares, after excluding 68,000 shares allotted on a firm basis. Of the Net offer 2,56,400 (20.00%) are allocated to QIB , 5,12,800 (40.00%) allocated to NII 5,12,800 (40.00%) allocated to RII .
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 800 | ₹2,48,800 |
| Individual investors (IND) (Max) | 2 | 800 | ₹2,48,800 |
| S-HNI (Min) | 3 | 1,200 | ₹3,73,200 |
| S-HNI (Max) | 8 | 3,200 | ₹9,95,200 |
| B-HNI (Min) | 9 | 3,600 | ₹11,19,600 |
Investors can bid for a minimum of 800 shares and in multiples of 400 shares thereof.
About Omara Ventures India Ltd.
Incorporated in October 2020, Omara Ventures India Limited is a retail jewellery company engaged in the sale of diamond jewellery made using natural diamonds and precious and semi-precious gemstones, set in precious metals such as gold, platinum and silver. The Company operates under the brand name "Omara" and primarily caters to business-to-consumer (B2C) customers through its retail boutique.The Company offers a curated portfolio of diamond jewellery comprising necklaces, earrings, rings, bracelets and other jewellery products, catering to different customer preferences, age groups and occasions. Its offerings include wedding jewellery, special occasion jewellery, festive jewellery and contemporary daily-wear jewellery, across various price points. The Company focuses on combining traditional elegance with contemporary aesthetics through design-led and curated collections.
The Company's business model is centred around in-house product conceptualisation, design development, customer preference analysis, product curation and retail merchandising. It has entered into a product development and supply arrangement with a product development and supply partner for manufacturing and supplying jewellery based on the Company's approved designs, specifications and quality standards. The Company also provides customisation services, enabling customers to personalise jewellery based on their individual preferences and occasions.
Omara follows a curated product philosophy, with collections comprising select designs developed in limited quantities to maintain exclusivity and design distinctiveness. The "Omara" logo or brand insignia is embossed or marked on each jewellery product sold by the Company, supporting brand visibility and product authenticity. Its jewellery is supported by applicable quality certifications, including BIS hallmarking for precious metals and diamond grading or certification from recognised gemological laboratories such as GIA, wherever applicable.
As on June 30, 2026, the Company had 17 employees across directors, KMP and senior management, accounts, sales and marketing, product and operations, sales and operational support functions.
Competitive Strengths
Curated and design-led jewellery portfolio.
Experienced promoters and management support.
Customer-centric retail and customisation experience.
Established retail boutique and operational infrastructure.
Emphasis on quality, certification and product authenticity.
Brand visibility through selective marketing and logo embossing.
Focus on in-house product conceptualisation and design development.
Company Financials (Restated)
Total Income
Profit After Tax
EBITDA
NET Worth
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 47.25 | 29.46 | 26.44 |
| Total Income | 45.87 | 23.52 | 23.19 |
| Profit After Tax | 9.37 | 2.73 | 0.31 |
| EBITDA | 14.43 | 4.87 | 1.84 |
| NET Worth | 12.52 | 3.16 | 0.43 |
| Reserves and Surplus | 9.51 | 3.15 | 0.42 |
| Total Borrowing | 22.43 | 13.95 | 11.25 |
| Amount in ₹ Crore |
Omara Ventures India Ltd.'s revenue increased by 95% and profit after tax (PAT) rose by 243% between the financial year ending with March 31, 2026 and March 31, 2025.
Recently Listed IPOs in Gems, Jewellery And Watches
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| SMR Jewels Ltd. | SME | ₹63.74 Cr | ₹128 | 18.01 | ₹103.05 | -19.49% | ₹91.00 |
| Yaashvi Jewellers Ltd. | SME | ₹43.88 Cr | ₹83 | 5.6 | ₹87.05 | +4.88% | ₹75.28 |
| Grover Jewells Ltd. | SME | ₹33.83 Cr | ₹88 | 12.31 | ₹100.80 | +14.55% | ₹510.10 |
| Luxury Time Ltd. | SME | ₹18.74 Cr | ₹82 | 12.57 | ₹163.59 | +99.50% | ₹71.51 |
| Deepa Jewellers Ltd. | Mainboard | ₹459.72 Cr | ₹177 | 13.85 | ₹194.37 | +9.81% | ₹214.04 |
| Priority Jewels Ltd. | Mainboard | ₹91.50 Cr | ₹200 | 15.21 | ₹241.50 | +20.75% | ₹311.85 |
| Shankesh Jewellers Ltd. | Mainboard | ₹367.18 Cr | ₹93 | 10.24 | ₹94.82 | +1.96% | ₹92.21 |
| Lalithaa Jewellery Mart Ltd. | Mainboard | ₹1,700.00 Cr | ₹201 | 9.95 | ₹248.44 | +23.60% | ₹405.45 |
| Advit Jewels Ltd. | Mainboard | ₹165.16 Cr | ₹138 | 18.41 | ₹179.46 | +30.04% | ₹330.35 |
| PNGS Reva Diamond Jewellery Ltd. | Mainboard | ₹379.52 Cr | ₹386 | 10.96 | ₹411.70 | +6.66% | ₹547.20 |
IPO Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding capital expenditure requirements towards Renovation and Expansion of the Jewellery Boutique | 2.00 |
| 2 | Marketing and promotional expenses aimed at enhancing local brand awareness and visibility of the flagship brand, “OMARA | 2.00 |
| 3 | Funding towards repayment or prepayment, in full or in part, of borrowings availed by the Company from bank and financial institutions | 18.00 |
| 4 | Funding the long-term working capital requirements of the Company | 10.00 |
| 5 | General Corporate Purpose | — |
| Total | 32.00 |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
Key Performance Indicator (KPI)
| KPI | Mar 31, 2026 |
|---|---|
| ROE | 74.78% |
| ROCE | 85.38% |
| Debt/Equity | 1.79 |
| RoNW | 74.78% |
| PAT Margin | 20.42% |
| EBITDA Margin | 31.45% |
| NAV | 41.61 |
| P/B (x) | 7.47 |
Check IPO Peer Comparison here.
IPO Valuation
| Valuation Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 31.11 | 21.48 |
| P/E (x) | 10 | 14.48 |
| Market Cap at Offer Price | ₹93.61 Cr. | ₹135.60 Cr |
Disclaimer
The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2026 available in RHP.
The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2026 available in RHP.
Shareholding Structure
Pre IPO
- Promoter and Promoter Group99.99%
- Public0.01%
Post IPO
- Promoter and Promoter Group69.03%
- Public30.97%
| Category | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | 99.99% | 69.03% |
| Public | 0.01% | 30.97% |
| Total | 100% | 100% |
Company Promoters: Samarth Jaiswal and Ishani Mehta Jaiswal.
Omara Ventures India IPO Recommendations
| Review By | Subscribe | May Apply | Neutral | Avoid |
|---|---|---|---|---|
| Brokers | 0 | 0 | 0 | 0 |
| Members | 0 | 0 | 0 | 0 |
IPO Subscription Status
| Category | Subscription (x) | Shares Offered | Shares bid for | Total Applications |
|---|---|---|---|---|
| QIB (Ex Anchor) | 1.00 | 2,56,400 | 2,56,800 | 0 |
| NII * | 1.72 | 5,12,800 | 8,80,800 | 0 |
| bNII (> ₹10L) | 2.26 | 3,42,000 | 7,71,600 | — |
| sNII (< ₹10L) | 0.64 | 1,70,800 | 1,09,200 | — |
| Individual Investor | 0.43 | 5,12,800 | 2,22,400 | 0 |
| Total | 1.06 | 12,82,000 | 13,60,000 | 386 |
The Omara Ventures India IPO is subscribed 1.06 times on October 5, 2026 5:53:54 PM (Day 3). The public issue subscribed 0.43 times in the individual investors category, 1.00 times in the QIB category, and 1.72 times in the NII category. Check Day by Day Subscription Details (Live Status)
Reload
Total Applications: 386
*Market Maker portion is not included to NII/HNI.
IPO Registrar
Bigshare Services Pvt.Ltd.
8657578989/8069219065/8069219060
ipo@bigshareonline.com
IPO Lead Manager(s)
Wealth Mine Networks Ltd.
Contact Details
Omara Ventures India Ltd. Address
SCO 162 & 163, Sector 9-C
Madhya Marg
Sector 9
Chandigarh, Chandigarh , 160009
+91 172-4106777
info@omara.in
Omara Ventures India IPO in the news
Recent coverage in the financial press. Headlines are the publishers' own; verify details with the RHP.
Omara Ventures India IPO Allotment Status: Check Status Online
HDFC Sky · 6 Oct 2026
Omara Ventures India Ltd IPO Date: Check Issue Date, Price, Lot size, Subscription, News and Details - Moneycontrol
Moneycontrol.com · 6 Oct 2026
Six IPOs, including Sollfege Smart, Omara Ventures, Eventions close today; subscription reaches 1–2...
Moneycontrol.com · 5 Oct 2026
Omara Ventures India IPO Subscription Status Day 3: Issue Subscribed 1.06 Times
HDFC Sky · 5 Oct 2026
Omara Ventures India IPO Allotment Status: 0.69x Subscribed, Check Online
Univest · 5 Oct 2026
Omara Ventures IPO Day 3 Subscription Status 5 Oct 2026
Univest · 5 Oct 2026
Omara Ventures India - IPO bonanza: 29 companies to list this week; GMPs signal returns of up to 59%
The Economic Times · 4 Oct 2026
Omara Ventures IPO Day 3: Subscribed 0.75x; QIB fully subscribed, Retail at 0.16x
scanx.trade · 2 Oct 2026
Omara Ventures India: common questions
Answered from this issue's own record.