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Omara Ventures India IPO
📅 Founded: 2020
📍 Chandigarh
📋 Face Value: ₹10
🏦 Market Cap: ₹136 Cr
Price Band
₹296 – ₹311
Issue Size
₹41.99 Cr
Lot Size
400 shares
Min. Investment
₹2,48,800
GMP
+₹0 (+0%)
Est. Return
+0%
Listing Date
08 Oct 2026
Registrar
Bigshare Services
Omara Ventures India IPO at a glance
Omara Ventures India IPO was an SME issue of ₹41.99 Cr at a price band of ₹296 – ₹311 per share, open from 30 Sep 2026 to 05 Oct 2026. The shares listed on BSE SME on 08 Oct 2026.
IPO Signal Analysis
📊 Based on Grey Market Premium (GMP) & Subscription Data — not financial advice
GMP Signal
Moderate Interest
GMP: +0% above issue price
⭐ Overall Signal
Moderate Interest
GMP + Subscription combined
Not financial advice
Not financial advice
Subscription Signal
Moderate Interest
0.00x subscribed
Issue Details
Fresh Issue₹39.87 Cr
Offer for Sale (OFS)Nil
Total Issue Size₹41.99 Cr
Face Value₹10
Market Cap (at issue)₹136 Cr
Listing ExchangeBSE SME
📅 Open Date30 Sep 2026
🔒 Close Date05 Oct 2026
✂️ Cut-off Price Date05 Oct 2026
🎟️ Allotment Date06 Oct 2026
💸 Refund Initiation07 Oct 2026
📂 Demat Credit07 Oct 2026
📈 Listing Date08 Oct 2026
Objects of the Issue
- 💰 Boutique renovation and expansion — ₹2.00 Cr
- 💰 Marketing of the OMARA brand — ₹2.00 Cr
- 💰 Repayment of borrowings — ₹18.00 Cr
- 💰 Long-term working capital — ₹10.00 Cr
- 💰 General corporate purposes
About the Company
Omara Ventures India, incorporated in October 2020, runs the 'OMARA' diamond-jewellery boutique in Chandigarh. It sells natural-diamond and gemstone jewellery — necklaces, earrings, rings and bracelets for weddings, festivals and daily wear — designs pieces in-house and offers customisation.
Strengths
- ✅ Design-led, certified diamond jewellery with in-house design and customisation
- ✅ Premium boutique in Chandigarh's Sector 9 retail area
- ✅ FY26 income nearly doubled to ₹46 Cr and PAT jumped to ₹9.4 Cr
- ✅ Most of the IPO money cuts debt, which should lower interest costs
Risk Factors
- ⚠️ A single-boutique business, so all revenue comes from one store and one city
- ⚠️ The profit jump is very recent — PAT was only ₹0.3 Cr in FY24 and ₹2.7 Cr in FY25
- ⚠️ High debt (about ₹22 Cr) against a pre-IPO net worth of about ₹12.5 Cr
- ⚠️ Diamond and gold prices, and the rise of lab-grown diamonds, can hurt demand and inventory values
- ⚠️ SME listing — shares may trade thinly
Subscription Status
Not yet open
QIB: —
NII: —
RII: —
GMP Trend
Day-wise Subscription
| Day | QIB | NII | RII | Overall |
|---|---|---|---|---|
| Day 1 | — | — | — | 0.00x |
| Day 2 | — | — | — | 0.00x |
| Day 3 | — | — | — | 0.00x |
Share Reservation
QIB
50%
NII
15%
RII
35%
Allocation as per SEBI regulations for SME IPO
Anchor Investors
Anchor allotment details not yet available.
Promoter Holding
99.99%
Pre-IPO
→ -31.0%
69.03%
Post-IPO
Founders & Leadership
SJ
Samarth Jaiswal
Promoter
One of the company's promoters
IJ
Ishani Mehta Jaiswal
Promoter
One of the company's promoters
IPO Timeline
✓
Open Date
30 Sep 2026
✓
Close Date
05 Oct 2026
✓
Allotment Date
06 Oct 2026
✓
Listing Date
08 Oct 2026
Key Financials
Revenue₹45.9 Cr
PAT₹9.4 Cr
EPS₹21.48
P/E Ratio14.48x
ROE74.78%
Market Cap₹136 Cr
Company Financials (Restated Consolidated)
| Period Ended | FY26 | FY25 | FY24 |
|---|---|---|---|
| Total Income | 45.87 | 23.52 | 23.19 |
| Profit After Tax | 9.37 | 2.73 | 0.31 |
| Net Worth | 12.52 | 3.16 | 0.43 |
| Total Borrowing | 22.43 | 13.95 | 11.25 |
Amount in ₹ Crore
Key Performance Indicators (KPI)
| KPI | FY26 | FY25 |
|---|---|---|
| ROE (%) | 74.84 | 86.39 |
| Debt / Equity | 1.79 | 4.41 |
| Net Worth (Rs. Cr) | 12.52 | 3.16 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS | ₹21.48 | — |
| P/E (x) | 14.48x | — |
| ROE (%) | 74.78% | — |
| Promoter Holding | 99.99% | 69.03% |
| Market Cap | ₹136 Cr | |
IPO Registrar
Omara Ventures India IPO FAQs
Omara Ventures India IPO is an SME IPO with an issue size of ₹41.99 Cr at a price band of ₹296 – ₹311. Minimum lot size is 400 shares and the minimum application is 2 lots (minimum investment ~₹2,48,800). Opened on 30 Sep 2026 and closed on 05 Oct 2026. Listed on BSE SME. Registrar: Bigshare Services.