Omara Ventures India's IPO is a book-built issue worth ₹41.99 crore, made up entirely of a fresh issue of 13.50 lakh shares.
The Omara Ventures India IPO opened for bidding on Sep 30, 2026 and closes on Oct 5, 2026. Allotment is expected to be finalized on Oct 6, and the shares will list on the BSE SME on Oct 8, 2026 (tentative).
The Omara Ventures India IPO has a price band of ₹296 to ₹311 per share, with a lot size of 400 shares. At the upper price band, retail investors need a minimum of ₹2,48,800 (2 lots, 800 shares). HNIs need at least 3 lots (1,200 shares), or ₹3,73,200.
For the Omara Ventures India IPO, Wealth Mine Networks Ltd. is the book running lead manager, Bigshare Services Pvt. Ltd. is the registrar, and Rikhav Securities Ltd. is the market maker.
Investors can refer to the Omara Ventures India IPO RHP for detailed information.
| Category | Min Lots | Shares | Amount |
|---|---|---|---|
| Retail (sNII) | 2 | 800 | ₹2,48,800 |
| HNI / NII | 3 | 1200 | ₹3,73,200 |
| Category | Sub (×) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | 1.00× | 2,56,400 | 2,56,800 | ₹7.99 Cr |
| NII / HNI (Total) | 1.72× | 5,12,800 | 8,80,800 | ₹27.39 Cr |
| Retail Investors | 0.43× | 5,12,800 | 2,22,400 | ₹6.92 Cr |
| Market Maker * | 1× | 68,000 | 68,000 | ₹2.11 Cr |
| Total ** | 1.06× | 12,82,000 | 13,60,000 | ₹42.30 Cr |
| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 45.87 | 23.52 | 23.19 |
| PAT | 9.37 | 2.73 | 0.31 |
| EBITDA | 14.43 | 4.87 | 1.84 |
| Net Worth | 12.52 | 3.16 | 0.43 |
| Total Assets | 47.25 | 29.46 | 26.44 |
| Reserves | 9.51 | 3.15 | 0.42 |
| Borrowings | 22.43 | 13.95 | 11.25 |
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