Omara Ventures India IPO
Updated 23 Sept 2026, 1:50 pm.
Minimum investment (Individual investors (IND))
₹2,48,800
2 lots · 800 shares at the upper price band
Price band
₹296–311
Latest GMP
Not yet quoted
Est. listing price
—
Issue size
₹39.87 Cr
GMP history
Each point is a recorded observation from the scheduled data sync.
GMP is an unofficial, unregulated grey-market estimate — not a prediction of listing performance.
Issue details
- Board
- SME
- Price band
- ₹296–311
- 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
- —
- 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 · — after
- Lead managers
- Wealth Mine Networks Ltd.
Offer documents & links
Full issue details
Details as published for this issue, read 23 Sept 2026, 2:05 pm. Verify against the RHP before applying.
IPO Details
| IPO Date | 30 Sep to 5 Oct, 2026 |
|---|---|
| Listing Date | Thu, Oct 8, 2026 T |
| 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) |
| 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
| Investor Category | Shares |
|---|---|
| QIB | Not more than 50% of the Offer |
| Retail | Not less than 35% of the Offer |
| NII | Not less than 15% of the Offer |
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 | 1200 | ₹3,73,200 |
| S-HNI (Max) | 8 | 3200 | ₹9,95,200 |
| B-HNI (Min) | 9 | 3600 | ₹11,19,600 |
Investors can bid for a minimum of 800 shares and in multiples of 400 shares thereof.
IPO Subscription Details
About Omara Ventures India Ltd.
Incorporated in October 2020, Omara Ventures India Limited is a retail jewellery company engaged in the sale of premium diamond jewellery crafted using natural diamonds, precious and semi-precious gemstones, and precious metals such as gold, platinum, and silver. The company markets its products under the "Omara" brand through its exclusive retail boutique, offering a curated portfolio of necklaces, earrings, rings, bracelets, and other jewellery designed for weddings, festive occasions, gifting, and everyday wear.
The company follows a design-led business model focused on in-house product conceptualisation, design development, customer preference analysis, and retail merchandising. Manufacturing is undertaken through specialised product development and supply partners based on the company's approved designs and quality specifications, ensuring consistency in craftsmanship, finishing, and product quality. Omara also offers customised jewellery solutions tailored to individual customer preferences while maintaining design exclusivity and premium positioning. Its products are supported by BIS hallmarking for precious metals and GIA or other recognised gemological certifications, wherever applicable.
As of June 30, 2026, the company employed 17 personnel across management, sales, operations, marketing, accounts, and support functions.
Strengths
Curated and design-led portfolio of premium diamond and precious jewellery.
Strong in-house product conceptualisation and design capabilities.
Focus on quality assurance through hallmarking and recognised gemstone certifications.
Customer-centric retail experience with jewellery customisation services.
Experienced promoters with a strong understanding of the gems and jewellery industry.
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% | ₹97.48 |
| Yaashvi Jewellers Ltd. | SME | ₹43.88 Cr | ₹83 | 5.6 | ₹87.05 | +4.88% | ₹85.96 |
| Grover Jewells Ltd. | SME | ₹33.83 Cr | ₹88 | 12.31 | ₹100.80 | +14.55% | ₹334.45 |
| Luxury Time Ltd. | SME | ₹18.74 Cr | ₹82 | 12.57 | ₹163.59 | +99.50% | ₹61.00 |
| Deepa Jewellers Ltd. | Mainboard | ₹459.72 Cr | ₹177 | 13.85 | ₹194.37 | +9.81% | ₹188.43 |
| Priority Jewels Ltd. | Mainboard | ₹91.50 Cr | ₹200 | 15.21 | ₹241.50 | +20.75% | ₹223.50 |
| Shankesh Jewellers Ltd. | Mainboard | ₹367.18 Cr | ₹93 | 10.24 | ₹94.82 | +1.96% | ₹91.09 |
| Lalithaa Jewellery Mart Ltd. | Mainboard | ₹1,700.00 Cr | ₹201 | 9.95 | ₹248.44 | +23.60% | ₹336.10 |
| Advit Jewels Ltd. | Mainboard | ₹165.16 Cr | ₹138 | 18.41 | ₹179.46 | +30.04% | ₹284.10 |
| PNGS Reva Diamond Jewellery Ltd. | Mainboard | ₹379.52 Cr | ₹386 | 10.96 | ₹411.70 | +6.66% | ₹511.70 |
View More »
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 |
| Price to Book Value | 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%
| Category | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | 99.99% | — |
| Public | 0.01% | — |
| Total | 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 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, 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.
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Omara Ventures India: common questions
Answered from this issue's own record.
