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IPO Open

Wed, Sep 30, 2026

IPO Close

Mon, Oct 5, 2026

Price Band

₹296 to ₹311

Market Cap*

₹135.60 Cr * on Upper Price

IPO Details

  • IPO Date
    30 Sep to 5 Oct, 2026
  • Listing Date
    Thu, Oct 8, 2026
  • Face Value
    ₹10 per share
  • Price Band
    ₹296 to ₹311
  • Lot Size
    400 Shares
  • Sale Type
    Fresh capital only
  • Issue Type
    Fixed Price 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
  • Allotment
    Tue, Oct 6, 2026
  • Credit of Shares
    Wed, Oct 7, 2026
  • IPO Close
    Mon, Oct 5, 2026
  • Refund
    Wed, Oct 7, 2026
  • Listing
    Thu, Oct 8, 2026

Issue Reservation

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.

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%

IPO Lot Size

Investors can bid for a minimum of 800 shares and in multiples of 400 shares thereof.

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

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)

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.

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

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% ₹94.00
Yaashvi Jewellers Ltd. SME ₹43.88 Cr ₹83 5.6 ₹87.05 +4.88% ₹80.74
Grover Jewells Ltd. SME ₹33.83 Cr ₹88 12.31 ₹100.80 +14.55% ₹386.95

IPO Objects of the Issue

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

  • # 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

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

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
  • 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

Category Pre IPO Post IPO
Promoter and Promoter Group 99.97% 60.38%
Public 0.03% 39.62%
Total 100% 100%

Company Promoter: Umesh Kumar Agarwal

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
  • Visit Website

IPO Lead Manager(s)

  1. Wealth Mine Networks Ltd.

Lead Manager Reports

  • Lead Manager Performance Summary
  • Lead Manager Performance Tracker

Contact Details

Omara Ventures India Ltd. Address
SCO 162 & 163, Sector 9-C
Madhya Marg
Sector 9
Chandigarh, Chandigarh, 160009

IPO FAQs

Omara Ventures India IPO is a SME IPO of 13,50,000 equity shares of the face value of ₹10 aggregating up to ₹42 Crores. The issue is priced at ₹296 to ₹311. The minimum order quantity is 400.

The IPO opens on Wed, Sep 30, 2026, and closes on Mon, Oct 5, 2026.

Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Angel One customers can apply online in Omara Ventures India IPO using UPI as a payment gateway. Angel One customers can apply in Omara Ventures India IPO by login into Angel One Console (back office) and submitting an IPO application form.

Steps to apply in Omara Ventures India IPO through Angel One

Visit the Angel One website and login to Console.
Go to Portfolio and click the IPOs link.
Go to the ‘Omara Ventures India IPO’ row and click the ‘Bid’ button.
Enter your UPI ID, Quantity, and Price.
Submit IPO application form.
Visit the UPI App (net banking or BHIM) to approve the mandate.
Visit Angel One IPO Application Process Review for more detail.

The Omara Ventures India IPO opens on Wed, Sep 30, 2026 and closes on Mon, Oct 5, 2026.

Omara Ventures India IPO lot size is 400, and the minimum amount required for application is ₹2,48,800, with 2 lots being the minimum application size.

You can apply in Omara Ventures India IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Angel One, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Omara Ventures India IPO will be done on Tuesday, October 6, 2026, and the allotted shares will be credited to your demat account by Wed, Oct 7, 2026. Check the Omara Ventures India IPO allotment status.

The Omara Ventures India IPO listing date is not yet announced. The tentative date of listing is Thu, Oct 8, 2026.

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