Omara Ventures India IPO is a BSE SME Book Built public issue by Omara Ventures India Limited. The public issue consists of a fresh issue of 13,50,000 equity shares. There is no Offer for Sale component in the issue. The company has proposed to list its equity shares on the BSE SME platform.
The IPO price band has been fixed at ₹296 to ₹311 per equity share. The total issue size is ₹41.99 crore at the upper price band. The IPO is scheduled to open for subscription on 30 September 2026 and close on 5 October 2026. The basis of allotment is expected on 6 October 2026, while the shares are proposed to be listed on 8 October 2026.
Omara Ventures India Limited is a retail jewellery company operating under the “OMARA” brand. The company is engaged in the sale of diamond jewellery made using natural diamonds, precious and semi-precious gemstones, and precious metals including gold, platinum and silver. Its jewellery portfolio includes products designed for bridal occasions, festivals, gifting, special occasions and everyday wear.
The company follows a design-led retail jewellery model, with product conceptualisation, design development, customer preference analysis, product curation and merchandising forming important parts of its operations. Manufacturing and product development are carried out through specialised supply partners based on the company’s approved designs, specifications and quality requirements. The company also provides customised jewellery solutions to customers.
The organised jewellery market in India is supported by demand for gold and diamond jewellery, changing consumer preferences, increasing brand awareness and the gradual shift towards organised retail. Investors should evaluate Omara Ventures India Limited’s financial performance, jewellery retail model, dependence on consumer demand, working-capital requirements, competition, precious-metal price movements and IPO valuation before making an investment decision.
Table of Contents
Omara Ventures India IPO Details
| IPO Details | Information |
|---|---|
| IPO Name | Omara Ventures India IPO |
| Company Name | Omara Ventures India Limited |
| IPO Type | Book Built Issue |
| IPO Category | BSE SME IPO |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹296 to ₹311 Per Share |
| Issue Size | ₹41.99 Crore |
| Fresh Issue | 13,50,000 Equity Shares |
| Offer for Sale | Nil |
| IPO Open Date | 30 September 2026 |
| IPO Close Date | 5 October 2026 |
| Anchor Investor Bidding | 29 September 2026 |
| Basis of Allotment | 6 October 2026 |
| Refund Initiation | 7 October 2026 |
| Shares Credited to Demat Account | 7 October 2026 |
| Listing Date | 8 October 2026 |
| Listing Exchange | BSE SME |
| Lot Size | 400 Equity Shares |
| Minimum Application | 2 Lots (800 Shares) |
| Registrar | Bigshare Services Private Limited |
| Book Running Lead Manager | Wealth Mine Networks Private Limited |
| Market Maker | Rikhav Securities Limited |
The IPO comprises 13,50,000 fresh equity shares and does not include an Offer for Sale. At the upper price band of ₹311, the issue size is ₹41.99 crore. The company has received approval for listing on the BSE SME platform.
Omara Ventures India IPO Dates
| IPO Event | Date |
|---|---|
| Anchor Investor Bidding | 29 September 2026 |
| IPO Opening Date | 30 September 2026 |
| IPO Closing Date | 5 October 2026 |
| Basis of Allotment | 6 October 2026 |
| Refund Initiation | 7 October 2026 |
| Shares Credited to Demat Account | 7 October 2026 |
| Listing Date | 8 October 2026 |
The IPO bidding is scheduled to begin on 30 September 2026 and close on 5 October 2026. The basis of allotment is expected to be finalised on 6 October 2026, followed by refunds and demat credit on 7 October 2026. The proposed listing date is 8 October 2026.
Omara Ventures India IPO Reservation
| Investor Category | Reservation |
|---|---|
| Qualified Institutional Buyers (QIB) | Not More Than 50% |
| Non-Institutional Investors (NII) | Not Less Than 15% |
| Retail Individual Investors (RII) | Not Less Than 35% |
| Market Maker | 68,000 Equity Shares |
The final allocation to each investor category will depend on the valid applications received during the IPO subscription period. The issue also contains a market-maker reservation of 68,000 equity shares.
Omara Ventures India IPO Lot Size
| Application | Shares | Amount |
|---|---|---|
| Retail Minimum | 2 Lots (800 Shares) | ₹2,48,800 |
| Retail Maximum | 2 Lots (800 Shares) | ₹2,48,800 |
| S-HNI Minimum | 3 Lots (1,200 Shares) | ₹3,73,200 |
| S-HNI Maximum | 8 Lots (3,200 Shares) | ₹9,95,200 |
| B-HNI Minimum | 9 Lots (3,600 Shares) | ₹11,19,600 |
The minimum bid is 800 shares, representing two lots of 400 shares each. The application amounts above are calculated using the upper price band of ₹311 per equity share.
About Omara Ventures India Limited
Omara Ventures India Limited is a Chandigarh-based retail jewellery company operating under the OMARA brand. The company was incorporated in October 2020 and is engaged in selling premium jewellery made using natural diamonds, precious and semi-precious gemstones and precious metals such as gold, platinum and silver.
The company offers a range of jewellery products including necklaces, earrings, rings, bracelets and other jewellery pieces. Its products are positioned for weddings, festivals, special occasions, gifting and everyday wear. The company focuses on curated collections and customised jewellery solutions to address different customer requirements.
OMARA follows a design-led business approach. Product conceptualisation, design development, understanding customer preferences, product curation and merchandising form part of its business operations. Manufacturing and product development are undertaken through specialised partners according to the company’s approved designs, specifications and quality standards.
The company operates its retail jewellery business from Chandigarh and seeks to strengthen the OMARA brand through store expansion, marketing activities, customer engagement and investment in working capital. The company’s founder and Managing Director is Samarth Jaiswal, while Ishani Mehta Jaiswal serves as Co-Founder and Director.
Business Operations
Omara Ventures India Limited operates a retail jewellery business focused on premium and designer jewellery.
- Diamond Jewellery – The company sells jewellery made using natural diamonds combined with precious metals and gemstones.
- Gold Jewellery – Its product range includes jewellery crafted using gold for bridal, festive, occasion and everyday requirements.
- Gemstone Jewellery – The company offers jewellery using precious and semi-precious gemstones.
- Platinum and Silver Jewellery – Its portfolio also includes jewellery made from platinum and silver.
- Rings – The company offers different ring designs, including diamond and gemstone-based products.
- Necklaces – Its collection includes necklaces and necklace sets designed for bridal, festive and occasion-based requirements.
- Earrings – The company offers earrings using diamonds, gemstones and precious metals.
- Bracelets – Its jewellery portfolio includes bracelets with contemporary and gemstone-focused designs.
- Customised Jewellery – The company provides customised jewellery solutions based on individual customer requirements.
- Retail Boutique – The company operates its jewellery retail business through its boutique in Chandigarh under the OMARA brand.
Industry Overview
India’s gems and jewellery industry is a significant consumer-facing sector supported by demand for gold, diamonds and other precious jewellery. Jewellery demand is influenced by weddings, festivals, gifting, cultural preferences, changing fashion trends and disposable income.
The organised jewellery segment has been expanding as consumers increasingly seek branded products, transparent pricing, product quality, certification and professional retail experiences. Retail jewellers are also increasingly focusing on design, customer experience, digital marketing and customised products.
At the same time, the jewellery industry remains sensitive to fluctuations in the prices of gold, diamonds and gemstones. Changes in consumer spending, economic conditions, competition, inventory requirements and working-capital requirements can affect the performance of jewellery retailers.
Omara Ventures India Limited operates in this retail jewellery environment with a focus on premium jewellery, design-led products and the OMARA brand. The company’s future growth will depend on its ability to expand its customer base, strengthen brand awareness, manage inventory and working capital efficiently and compete effectively in the jewellery retail market.
Business Strategy
Omara Ventures India Limited plans to strengthen its business through investment in its jewellery boutique, brand marketing and promotional activities. The company intends to renovate and expand its jewellery boutique to improve its retail presence and customer experience.
The company also proposes to invest in marketing and promotional activities aimed at increasing local brand awareness and visibility of the OMARA brand. Part of the IPO proceeds will be used towards repayment or prepayment of borrowings and long-term working capital requirements.
Through store improvement, marketing, working-capital support and brand development, the company intends to strengthen its retail jewellery operations and expand its presence in the premium jewellery segment.
Omara Ventures India IPO Financial Information
A company’s financial performance provides insights into its revenue growth, profitability, asset base, borrowings and financial position. Reviewing the company’s financial performance over multiple years helps investors understand the changes in its operating scale and profitability.
Omara Ventures India Financial Summary
| Particulars | FY2024 | FY2025 | FY2026 |
|---|---|---|---|
| Total Assets | ₹26.44 Crore | ₹29.46 Crore | ₹47.25 Crore |
| Revenue / Total Income | ₹23.19 Crore | ₹23.52 Crore | ₹45.87 Crore |
| EBITDA | ₹1.84 Crore | ₹4.87 Crore | ₹14.43 Crore |
| Profit After Tax (PAT) | ₹0.31 Crore | ₹2.73 Crore | ₹9.37 Crore |
| Net Worth | ₹0.43 Crore | ₹3.16 Crore | ₹12.52 Crore |
| Reserves & Surplus | ₹0.42 Crore | ₹3.15 Crore | ₹9.51 Crore |
| Total Borrowings | ₹11.25 Crore | ₹13.95 Crore | ₹22.43 Crore |
The company reported revenue of ₹45.87 crore and profit after tax of ₹9.37 crore for FY2026, compared with revenue of ₹23.52 crore and PAT of ₹2.73 crore in FY2025. EBITDA increased from ₹4.87 crore in FY2025 to ₹14.43 crore in FY2026.
Omara Ventures India IPO Key Performance Indicators (KPIs)
| KPI | Value |
|---|---|
| Return on Equity (ROE) | 74.78% |
| Return on Capital Employed (ROCE) | 85.38% |
| Return on Net Worth (RoNW) | 74.78% |
| EBITDA Margin | 31.45% |
| PAT Margin | 20.42% |
| Debt-to-Equity Ratio | 1.79 |
| Earnings Per Share (EPS) – Pre IPO | ₹31.11 |
| Earnings Per Share (EPS) – Post IPO | ₹21.48 |
| Net Asset Value (NAV) Per Share | ₹41.61 |
| Price to Earnings (P/E) – Pre IPO | 10.00x |
| Price to Earnings (P/E) – Post IPO | 14.48x |
| Price to Book Value | 7.47x |
The company’s FY2026 KPI figures include ROE of 74.78%, ROCE of 85.38%, PAT margin of 20.42% and EBITDA margin of 31.45%. The debt-to-equity ratio stood at 1.79.
Objects of the Omara Ventures India IPO
The company intends to utilise the net proceeds from the fresh issue for the following purposes:
- Funding capital expenditure requirements towards renovation and expansion of the jewellery boutique.
- Marketing and promotional expenses aimed at enhancing local brand awareness and visibility of the flagship brand, “OMARA”.
- Repayment or prepayment, in full or in part, of borrowings availed by the company from banks and financial institutions.
- Funding the long-term working capital requirements of the company.
- General corporate purposes.
The estimated identified requirements include ₹2.00 crore towards renovation and expansion of the jewellery boutique, ₹2.00 crore towards marketing and promotional expenses, ₹18.00 crore towards repayment or prepayment of borrowings and ₹10.00 crore towards long-term working capital requirements.
Omara Ventures India IPO Listing Performance
The listing performance reflects how the company’s shares perform after they commence trading on the stock exchange. Since Omara Ventures India IPO is scheduled to list on 8 October 2026, the actual listing price and listing gain are not available as of the date of this article.
| Particular | Value |
|---|---|
| Listing Exchange | BSE SME |
| Listing Date | 8 October 2026 |
| Issue Price | ₹311 Per Share |
| Listing Price | To be updated after listing |
| Listing Gain | To be updated after listing |
| Listing Gain (%) | To be updated after listing |
The proposed listing date is 8 October 2026. The actual listing price and listing performance will be known only after trading begins on the BSE SME platform.
Omara Ventures India IPO Subscription Status
The Omara Ventures India IPO is scheduled to open for subscription on 30 September 2026. Therefore, category-wise subscription data is not available before the bidding period begins.
Omara Ventures India IPO Subscription
| Investor Category | Subscription |
|---|---|
| Qualified Institutional Buyers (QIB) | Not Started |
| Non-Institutional Investors (NII) | Not Started |
| Retail Individual Investors (RII) | Not Started |
| Employee Category | Not Applicable |
| Total Subscription | Not Started |
The live subscription figures will be available after bidding begins on 30 September 2026 and will change throughout the subscription period.
Omara Ventures India IPO GMP
The Grey Market Premium (GMP) represents the unofficial premium at which IPO shares may trade in the grey market before their official listing. GMP is not an official exchange price and can change based on market sentiment.
As of 23 September 2026, the reported GMP for Omara Ventures India IPO is ₹0. The grey market is unofficial and the GMP should not be treated as a guaranteed listing price.
| GMP Date | IPO Price | GMP | Estimated Listing Price |
|---|---|---|---|
| 23 September 2026 | ₹311 | ₹0 | ₹311 |
Omara Ventures India IPO Review
Omara Ventures India Limited operates a retail jewellery business under the OMARA brand, offering jewellery made using natural diamonds, precious and semi-precious gemstones and precious metals. Its product portfolio covers bridal, festive, gifting, special-occasion and everyday jewellery requirements.
The company follows a design-led approach and focuses on product conceptualisation, design development, curation and customer preferences. It also provides customised jewellery solutions, while manufacturing is carried out through specialised partners according to approved designs and quality standards.
The company has reported significant growth in revenue and profitability. Revenue increased from ₹23.52 crore in FY2025 to ₹45.87 crore in FY2026, while PAT increased from ₹2.73 crore to ₹9.37 crore over the same period. EBITDA also increased from ₹4.87 crore to ₹14.43 crore.
The IPO proceeds are intended to support boutique renovation and expansion, marketing and promotional activities, debt repayment and long-term working capital requirements. Investors should also consider the company’s dependence on jewellery demand, commodity price movements, competition, inventory requirements and the risks associated with operating a relatively concentrated retail jewellery business.
Omara Ventures India IPO Strengths
- Premium jewellery portfolio comprising natural diamonds, precious and semi-precious gemstones and precious metals.
- OMARA brand with an established retail presence in Chandigarh.
- Design-led business model with customised jewellery offerings.
- Strong growth in revenue, EBITDA and profit after tax in FY2026.
- IPO proceeds intended for boutique expansion, marketing, debt repayment and working capital.
- Exposure to the organised and premium jewellery retail segment.
Omara Ventures India IPO Risk Factors
- Jewellery demand can be affected by changes in consumer spending, economic conditions and seasonal demand.
- Fluctuations in gold, diamond and gemstone prices can affect inventory costs and margins.
- The company operates in a competitive jewellery retail market.
- The business requires significant working capital for inventory and operations.
- Dependence on the OMARA brand and retail presence creates concentration risk.
- Changes in customer preferences and jewellery fashion trends may affect product demand.
Omara Ventures India IPO Promoters
Omara Ventures India Limited is promoted by Samarth Jaiswal and Ishani Mehta Jaiswal. Samarth Jaiswal is the Founder and Managing Director of the company, while Ishani Mehta Jaiswal is Co-Founder and Director.
Omara Ventures India IPO Promoters Details
| Promoter | Designation |
|---|---|
| Samarth Jaiswal | Promoter, Managing Director |
| Ishani Mehta Jaiswal | Promoter, Director |
The promoters collectively held approximately 99.99% of the company before the IPO. After the fresh issue, promoter and promoter group holding is expected to reduce to approximately 69.03%.
Omara Ventures India IPO Management Team
The company is led by a management team with experience in jewellery retail, business operations and corporate management. Samarth Jaiswal serves as Managing Director, while Ishani Mehta Jaiswal serves as a Director.
| Name | Designation |
|---|---|
| Samarth Jaiswal | Managing Director |
| Ishani Mehta Jaiswal | Director |
| Deepak Khetarpal | Independent Director |
| Tej Mohan Singh | Independent Director |
The company’s committee disclosures identify Deepak Khetarpal and Tej Mohan Singh as Independent Directors and Ishani Mehta Jaiswal as a Non-Executive Non-Independent Director on the relevant committees.
Omara Ventures India IPO Registrar Details
The registrar is responsible for processing IPO applications, finalising the basis of allotment, crediting equity shares to successful applicants, initiating refunds and handling investor-related services.
| Particular | Details |
|---|---|
| Registrar Name | Bigshare Services Private Limited |
| Website | https://ipo.bigshareonline.com/ |
| IPO Allotment Status | https://ipo.bigshareonline.com/IPO_Status.html |
| Email ID | [email protected] |
| Contact Number | 8657578989 / 8069219065 / 8069219060 |
Bigshare Services Private Limited is the registrar to the Omara Ventures India IPO.
Omara Ventures India IPO Lead Manager Details
The Book Running Lead Manager is responsible for managing the IPO process, coordinating regulatory requirements and assisting the company throughout the public issue.
| Particular | Details |
|---|---|
| Lead Manager | Wealth Mine Networks Private Limited |
Wealth Mine Networks Private Limited is the book-running lead manager for the Omara Ventures India IPO.
Omara Ventures India Limited Contact Details
| Particular | Details |
|---|---|
| Company Name | Omara Ventures India Limited |
| Registered Office | SCO 162 & 163, Sector 9-C, Madhya Marg, Chandigarh (UT) – 160009 |
| Website | https://omara.in/ |
| Email ID | [email protected] |
| Contact Number | +91 172-4106777 |
The company’s official investor centre lists its registered office at SCO 162 & 163, Sector 9-C, Madhya Marg, Chandigarh.
How to Check Omara Ventures India IPO Allotment Status
Investors can check the IPO allotment status after the basis of allotment is finalised through the registrar’s website.
Through Bigshare Services Private Limited
- Visit the official Bigshare IPO allotment portal.
- Select Omara Ventures India IPO from the IPO list.
- Choose the required application details such as PAN or application number.
- Enter the required information.
- Click Submit to view the allotment status.
Through BSE
- Visit the official BSE IPO status page.
- Select Omara Ventures India IPO from the list.
- Enter the required PAN or application details.
- Complete the verification process if required.
- Click Search to view the allotment result.
The allotment status will become available after the basis of allotment is finalised, which is scheduled for 6 October 2026.
Omara Ventures India IPO Conclusion
Omara Ventures India IPO provides investors with an opportunity to participate in the proposed BSE SME listing of a retail jewellery company operating under the OMARA brand. The company offers jewellery made from natural diamonds, precious and semi-precious gemstones and precious metals, with products designed for bridal, festive, gifting, special-occasion and everyday requirements.
The company has reported substantial growth in revenue and profitability, with FY2026 revenue of ₹45.87 crore and PAT of ₹9.37 crore. Its IPO proceeds are proposed to be used for jewellery boutique renovation and expansion, marketing, repayment or prepayment of borrowings and long-term working capital requirements.
However, investors should also consider the risks associated with jewellery price volatility, consumer demand, competition, working-capital requirements, inventory management and dependence on the company’s retail brand. The IPO valuation should be assessed along with the company’s financial performance, business strategy and industry conditions.
A detailed assessment of the company’s financial information, IPO valuation, use of proceeds, business model, competitive environment and risk factors can help investors determine whether the Omara Ventures India IPO fits their investment objectives.
Omara Ventures India IPO FAQs
What is Omara Ventures India IPO?
Omara Ventures India IPO is a BSE SME Book Built public issue of Omara Ventures India Limited comprising 13,50,000 fresh equity shares.
What is the price band of Omara Ventures India IPO?
The price band of Omara Ventures India IPO is ₹296 to ₹311 per equity share.
What is the issue size of Omara Ventures India IPO?
The total issue size is ₹41.99 crore at the upper price band.
When will Omara Ventures India IPO open?
The IPO will open for subscription on 30 September 2026.
When will Omara Ventures India IPO close?
The IPO will close for subscription on 5 October 2026.
What is the lot size of Omara Ventures India IPO?
The lot size is 400 equity shares. Retail investors need to apply for a minimum of 2 lots, or 800 shares.
What is the minimum investment in Omara Ventures India IPO?
The minimum retail application is 800 shares at ₹311 per share, requiring ₹2,48,800.
On which stock exchange will Omara Ventures India shares be listed?
Omara Ventures India Limited is proposed to be listed on the BSE SME platform.
Who is the registrar for Omara Ventures India IPO?
Bigshare Services Private Limited is the registrar to the Omara Ventures India IPO.
Who are the promoters of Omara Ventures India Limited?
The promoters are Samarth Jaiswal and Ishani Mehta Jaiswal.
What does Omara Ventures India Limited do?
Omara Ventures India Limited is a retail jewellery company operating under the OMARA brand and sells jewellery made using natural diamonds, precious and semi-precious gemstones, gold, platinum and silver.
What are the objects of Omara Ventures India IPO?
The IPO proceeds are proposed to be used for renovation and expansion of the jewellery boutique, marketing and promotional activities, repayment or prepayment of borrowings, long-term working capital requirements and general corporate purposes.
What is the GMP of Omara Ventures India IPO?
The reported GMP was ₹0 as of 23 September 2026. GMP is unofficial and can change before listing.
