SME
    listed

    Omara Ventures India IPO

    Updated 11 Nov 2026, 6:45 pm.

    Open Demat Account
    GMP disclaimer: GMP is unofficial and unregulated. It is not a recommendation or a reliable estimate of listing price or returns. Consider the RHP and your own risk assessment before applying.

    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.

    1. Allotment finalised6 Oct 2026(done)
    2. Refunds start7 Oct 2026(done)
    3. Shares credited to demat7 Oct 2026(done)
    4. Listing8 Oct 2026(done)

    GMP history

    Each point is a recorded observation from the scheduled data sync.

    ObservedGMPEst. 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.

    Subscription by category

    As of 5 Oct 2026, 5:53 pm.

    Total subscription

    1.06x

    Qualified Institutional1.00×
    Non Institutional1.72×
    Retail Individual0.43×

    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 Date30 Sep to 5 Oct, 2026
    Listing DateThu, Oct 8, 2026 (tentative)
    Face Value₹ 10 per share
    Price Band₹296 to ₹311
    Lot Size400 Shares
    Sale TypeFresh capital only
    Issue TypeBookbuilding IPO
    Listing AtBSE SME
    Total Issue Size13,50,000 shares (agg. up to ₹ 42 Cr)
    Reserved for Market Maker68,000 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 Public12,82,000 shares (agg. up to ₹ 40 Cr)
    Share Holding Pre Issue30,10,000 shares
    Share Holding Post Issue43,60,000 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%
    Issue Reservation: Share of the issue reserved for each investor category. Figures as published in the table below.
    Investor CategoryShares% of Net Issue% of Total Issue
    QIB2,56,40020.00%18.99%
    NII (HNI)5,12,80040.00%37.99%
    - bNII > ₹10L3,42,000—25.33%
    - sNII < ₹10L1,70,800—12.65%
    Retail5,12,80040.00%37.99%
    Firm Reservations
    Market Maker68,000—5.04%
    Total13,50,000100.00%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

    Individual investors (IND) (Min)₹2,48,800
    Individual investors (IND) (Max)₹2,48,800
    S-HNI (Min)₹3,73,200
    S-HNI (Max)₹9,95,200
    B-HNI (Min)₹11,19,600
    IPO Lot Size: What an application costs at the upper price band, by category. Figures as published in the table below.
    ApplicationLotsSharesAmount
    Individual investors (IND) (Min)2800₹2,48,800
    Individual investors (IND) (Max)2800₹2,48,800
    S-HNI (Min)31,200₹3,73,200
    S-HNI (Max)83,200₹9,95,200
    B-HNI (Min)93,600₹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

    31 Mar 202423.19
    31 Mar 202523.52
    31 Mar 202645.87

    Profit After Tax

    31 Mar 20240.31
    31 Mar 20252.73
    31 Mar 20269.37

    EBITDA

    31 Mar 20241.84
    31 Mar 20254.87
    31 Mar 202614.43

    NET Worth

    31 Mar 20240.43
    31 Mar 20253.16
    31 Mar 202612.52
    Company Financials (Restated): Each line is scaled to its own largest period, ₹ crore - compare periods within a line, not one line against another. Figures as published in the table below.
    Period Ended31 Mar 202631 Mar 202531 Mar 2024
    Assets47.2529.4626.44
    Total Income45.8723.5223.19
    Profit After Tax9.372.730.31
    EBITDA14.434.871.84
    NET Worth12.523.160.43
    Reserves and Surplus9.513.150.42
    Total Borrowing22.4313.9511.25
    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.

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    IPO Objects of the Issue

    Funding capital expenditure requirements towards Renovation and Expansion of the Jewellery Boutique2.00
    Marketing and promotional expenses aimed at enhancing local brand awareness and visibility of the flagship brand, “OMARA2.00
    Funding towards repayment or prepayment, in full or in part, of borrowings availed by the Company from bank and financial institutions18.00
    Funding the long-term working capital requirements of the Company10.00
    IPO Objects of the Issue: What the proceeds are earmarked for (₹ Cr.). Figures as published in the table below.
    #Issue ObjectsEst Amt (₹ Cr.)
    1Funding capital expenditure requirements towards Renovation and Expansion of the Jewellery Boutique2.00
    2Marketing and promotional expenses aimed at enhancing local brand awareness and visibility of the flagship brand, “OMARA2.00
    3Funding towards repayment or prepayment, in full or in part, of borrowings availed by the Company from bank and financial institutions18.00
    4Funding the long-term working capital requirements of the Company10.00
    5General Corporate Purpose—
    Total32.00

    The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

    Key Performance Indicator (KPI)

    KPIMar 31, 2026
    ROE74.78%
    ROCE85.38%
    Debt/Equity1.79
    RoNW74.78%
    PAT Margin20.42%
    EBITDA Margin31.45%
    NAV41.61
    P/B (x)7.47

    Check IPO Peer Comparison here.

    IPO Valuation

    Valuation MetricPre IPOPost IPO
    EPS (₹)31.1121.48
    P/E (x)1014.48
    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%
    Shareholding Structure: Who holds the company before and after the issue. Figures as published in the table below.
    CategoryPre IPOPost IPO
    Promoter and Promoter Group99.99%69.03%
    Public0.01%30.97%
    Total100%100%

    Company Promoters: Samarth Jaiswal and Ishani Mehta Jaiswal.

    Omara Ventures India IPO Recommendations

    Review BySubscribeMay ApplyNeutralAvoid
    Brokers0000
    Members0000

    IPO Subscription Status

    CategorySubscription (x)Shares OfferedShares bid forTotal Applications
    QIB (Ex Anchor)1.002,56,4002,56,8000
    NII *1.725,12,8008,80,8000
    bNII (> ₹10L)2.263,42,0007,71,600—
    sNII (< ₹10L)0.641,70,8001,09,200—
    Individual Investor0.435,12,8002,22,4000
    Total1.0612,82,00013,60,000386

    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

    FAQ

    Omara Ventures India: common questions

    Answered from this issue's own record.

    The Omara Ventures India SME IPO is priced at ₹311 per share, for an issue size of ₹39.87 crore.

    The issue opens on 30 Sept 2026 and closes on 5 Oct 2026, with listing expected on 8 Oct 2026.

    One lot is 400 shares, and applications must be in multiples of a lot. At the upper band that is ₹1,24,400 for one lot.

    Latest recorded subscription: QIB 1x, NII 1.72x, retail 0.43x (as of 11 Nov 2026).