Omara Ventures India IPO: dates, price band, lot size and GMP
Omara Ventures India IPO closed on 5 Oct on the SME; price band ₹296 – ₹311, lot 400 shares, no GMP reported yet. Allotment 6 Oct, listing 8 Oct.
Updated 6 Oct 2026, 14:11 IST. Dated dealer references.
BuyUnlistedShares tracks 197 IPOs on its calendar; the Omara Ventures India IPO has a price band of ₹296 – ₹311, a lot of 400 shares and no grey-market premium reported yet as of 06 Oct 2026.
Key details
| Board | SME |
|---|---|
| Issue dates | 30 Sep – 5 Oct 2026 |
| Price band | ₹296 – ₹311 |
| Lot size | 400 shares |
| Issue size | ₹41.99 Cr |
| Fresh issue | ₹39.87 Cr |
| Subscription | 1.06x |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead managers | Wealth Mine Networks Ltd. |
| Status | Closed, listing awaited |
Timeline
- Issue opens: 30 Sep
- Issue closes: 5 Oct
- Allotment: 6 Oct
- Refunds: 7 Oct
- Demat credit: 7 Oct
- Listing: 8 Oct
Live subscription
| Category | Subscribed |
|---|---|
| QIB | 1x |
| NII | 1.72x |
| sNII | 0.64x |
| bNII | 2.26x |
| Retail | 0.43x |
| Total | 1.06x |
Last updated 5 Oct 2026, 5:54 PM IST.
Issue details
| Face value | ₹10 |
|---|---|
| Issue type | Book Build Issue |
| Listing at | BSE SME |
| Market cap at the upper band | ₹135.6 Cr |
| P/E (pre-issue) | 10x |
| P/E (post-issue) | 14.48x |
| Fresh issue (shares) | 12,82,000 |
| Total shares offered | 12,82,000 |
| Promoter holding pre-issue | 99.99% |
| Promoter holding post-issue | 69.03% |
| Promoters | Samarth Jaiswal, Ishani Mehta Jaiswal |
| Lead managers | Wealth Mine Networks Ltd. |
| Registrar phone | 8657578989/8069219065/8069219060 |
| Registrar email | ipo@bigshareonline.com |
| Company website | omara.in |
Lot sizes by investor category
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (minimum) | 1 | 400 | ₹2,48,800 |
| Retail (maximum) | 2 | 800 | ₹2,48,800 |
| sNII (minimum) | 3 | 1,200 | ₹2,48,800 |
| bNII (minimum) | 3 | 1,200 | ₹11,19,600 |
Reservation
| Category | Share of issue | Shares offered | Basis |
|---|---|---|---|
| QIB | 20% | 2,56,400 | Not more than 50% of the Offer |
| NII (HNI) | 40% | 5,12,800 | Not less than 15% of the Offer |
| sNII | 13.3% | 1,70,800 | |
| bNII | 26.7% | 3,42,000 | |
| Retail | 40% | 5,12,800 | Not less than 35% of the Offer |
| Market Maker | 5.3% | 68,000 |
Subscription by day
| Day | QIB | NII | sHNI | bHNI | Retail | Total |
|---|---|---|---|---|---|---|
| Day 1 · 30 Sep | 0.25x | 1.00x | 0.13x | 1.43x | 0.05x | 0.47x |
| Day 2 · 1 Oct | 1.00x | 1.15x | 0.25x | 1.65x | 0.16x | 0.69x |
| Day 3 · 5 Oct | 1.00x | 1.72x | 0.64x | 2.26x | 0.43x | 1.06x |
Key ratios as of 31 Mar 2026
| EPS (pre-issue) | ₹31.11 |
|---|---|
| EPS (post-issue) | ₹21.48 |
| P/E (pre-issue) | 10x |
| P/E (post-issue) | 14.48x |
| RoNW | 74.78% |
| RoCE | 85.38% |
| RoE | 74.78% |
| PAT margin | 20.42% |
| EBITDA margin | 31.45% |
| Price / book | 7.47x |
| NAV per share | ₹41.61 |
| Debt / equity | 1.79 |
| Market cap (upper band) | ₹135.6 Cr |
Financials (₹ Cr)
| Metric | FY26 | FY25 | FY24 | FY26 vs FY25 |
|---|---|---|---|---|
| Assets | 47.25 | 29.46 | 26.44 | +60.4% |
| Total Income | 45.87 | 23.52 | 23.19 | +95% |
| Profit After Tax | 9.37 | 2.73 | 0.31 | +243.2% |
| EBITDA | 14.43 | 4.87 | 1.84 | +196.3% |
| NET Worth | 12.52 | 3.16 | 0.43 | +296.2% |
| Reserves and Surplus | 9.51 | 3.15 | 0.42 | +201.9% |
| Total Borrowing | 22.43 | 13.95 | 11.25 | +60.8% |
About Omara Ventures India
Omara Ventures India Limited is engaged in the retail jewellery business, specialising in diamond jewellery crafted with natural diamonds, precious and semi-precious gemstones, and precious metals such as gold, platinum, and silver. The Company markets its products under the "Omara" brand and primarily serves business-to-consumer (B2C) customers through its exclusive retail boutique.
Its product portfolio features a diverse range of diamond jewellery, including necklaces, earrings, rings, bracelets, and other adornments designed to suit varying customer preferences, age groups, and occasions. The collection spans bridal and wedding jewellery, festive and celebratory pieces, occasion-specific designs, as well as contemporary jewellery for everyday wear, catering to multiple price segments.
The Company's operating model focuses on product ideation, design development, consumer trend analysis, collection curation, and retail merchandising. While jewellery manufacturing is undertaken through a dedicated product development and supply partner, all products are created in accordance with designs, specifications, and quality standards approved by the Company. Omara also offers customised jewellery solutions, allowing customers to tailor designs to their individual tastes and special requirements.
The Company follows a selective and design-driven approach to its collections, introducing limited-quantity designs to preserve exclusivity and uniqueness. Each jewellery piece bears the "Omara" brand insignia, enhancing product authenticity and reinforcing brand recognition. The Company places significant emphasis on quality assurance, with products supported by relevant certifications, including BIS hallmarking for precious metals and diamond grading or certification from recognised gemological institutions such as GIA, wherever applicable.
As of June 30, 2026, Omara Ventures India Limited had a workforce of 17 employees across leadership, key managerial personnel, sales and marketing, accounts, operations, product management, and support functions.
Objects of the issue
- Funding capital expenditure requirements towards Renovation and Expansion of the Jewellery Boutique — ₹2 Cr
- Marketing and promotional expenses aimed at enhancing local brand awareness and visibility of the flagship brand, “OMARA — ₹2 Cr
- Funding towards repayment or prepayment, in full or in part, of borrowings availed by the Company from bank and financial institutions — ₹18 Cr
- Funding the long-term working capital requirements of the Company — ₹10 Cr
- General Corporate Purpose
Net proceeds: ₹32 Cr
Peer comparison
| Company | EPS (Basic) | EPS (Diluted) | NAV (₹ per share) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Omara Ventures India Ltd. (issuer) | 31.11 | 31.11 | 41.61 | — | 74.89% | — | Restated |
| Bluestone Jewellery & Lifestyle Ltd. | 1.1 | 1.05 | 118.44 | 763.27x | 0.73% | 7.11 | Consolidated |
| Pngs Reva Diamond Jewellery Ltd. | 28.41 | 28.41 | 162.53 | 18.05x | 12.55% | 3.16 | Consolidated |
| PN Gadgil Jewellers Ltd. | 29.55 | 29.55 | 144.63 | 20.75x | 20.88% | 4.26 | Consolidated |
| Advit Jewels Ltd. | 10.74 | 10.74 | 28.93 | 23.82x | 37.14% | 9.11 | Consolidated |
Issue Price for the Company is considered as CMP and the numbers (other than CMP) are taken for the year ended March 31, 2026 for the company. Current Market Price (CMP) and PE ratio is taken at the closing price of peer group scrips as on 15th September, 2026. Source: www.bseindia.com , www.nseindia.com . Notes: The above information for listed industry peers is on a consolidated basis (unless otherwise available on standalone basis) and is sourced from the audited financial results of the respective company for the year ended March 31, 2026, submitted to stock exchanges.
Strengths (per the offer document)
- Curated and design-led jewellery portfolio — Our Company offers a curated portfolio of diamond jewellery products, including necklaces, earrings, rings, bracelets and other jewellery products, catering to weddings, festive occasions, special…
- In-house product conceptualisation and design focus — Our business model is centred around in-house product conceptualisation, design development, customer preference analysis, product curation and retail merchandising.
- Emphasis on quality, certification and product authenticity — Quality assurance forms an integral part of our operations and is applied across product conceptualisation, sourcing, product development, finishing, certification, inventory intake and final retail…
- Customer-centric retail experience — Our retail operations are focused on providing a refined and personalised jewellery buying experience.
- Brand visibility through selective marketing initiatives and Logo Embossing — Our marketing approach is focused on enhancing the visibility of the “Omara” brand through curated client experiences, print and digital media, exhibitions, private events and relationship -led…
- Established retail boutique and operational infrastructure — Our Registered Office and retail boutique are located in Chandigarh and are equipped with the necessary infrastructure to support our business operations.
- Experienced promoters and management support — Our Promoters, Mr. Samarth Jaiswal and Mrs.
Risk factors (as disclosed by the company)
- Marketing and promotional expenses aimed at enhancing local brand awareness and visibility of our flagship brand, "OMARA" — The summary of the estimated marketing and promotional expenses is set out below: Sr.
- We generate our major portion of sales from our operations in certain geographical regions especially, Chandigarh — We generate a significant portion of our revenue from customers located in Chandigarh.
- A significant portion of our revenue has historically been generated from the sale of Solitaire and Diamond Jewellery — operations. Our revenue has historically been concentrated in the Solitaire and Diamond Jewellery segment, which contributed 96.31%, 89.82% and 66.96% of our total sale of products for Fiscal 2024,…
- Our Company did not have BIS registration for its sales outlet for a certain period, and any adverse action in this regard may affect our business — Our Company is engaged in the retail sale of diamond jewellery, where precious metals such as gold, Platinum and silver are used for setting diamonds and gemstones.
- Certain delays, discrepancies and Omissions have been detected in our statutory records, as well as in records related to — the submission of returns to the concerned Registrar of Companies.
- There are certain discrepancies and non-compliances noticed in filing of returns and deposit of statutory dues with the taxation and other statutory… — result in the imposition of penalties, which could adversely impact our financials.
- Our business is geographically concentrated in Chandigarh, and any adverse developments in this region may materially affect our operations — Our retail operations are presently concentrated in Chandigarh, where our boutique is located.
- Any fluctuation in the prices or availability of diamonds, gold and other precious materials may adversely affect our business — Diamonds, gold and other precious and semi-precious materials form a key component of our diamond jewellery products.
From the DRHP (strengths pages 179–180, risk factors pages 6–60). Headings shortened; the wording is the company’s. Not a recommendation.
Offer documents: DRHP (PDF) · RHP (PDF)
Track this issue
- Omara Ventures India IPO GMP today and trend
- Omara Ventures India IPO subscription status, day by day
- Omara Ventures India IPO allotment status and how to check
Frequently asked questions
When does the Omara Ventures India IPO open and close?
The issue is scheduled for 30 Sep – 5 Oct 2026.
What is the Omara Ventures India IPO price band?
The price band is ₹296 – ₹311 per share with a lot size of 400 shares.
How big is the Omara Ventures India IPO?
The total issue size is ₹41.99 Cr.
When will Omara Ventures India list?
The tentative listing date is 8 Oct on the SME platform.
How do I apply for the Omara Ventures India IPO?
Apply through your broker or bank using ASBA or UPI within the issue window; the amount stays blocked in your account until allotment. BuyUnlistedShares does not take applications; it tracks the issue and the unlisted price before it.
Sources
- Draft red herring prospectus (DRHP), Omara Ventures India · as filed with SEBI · bsesme.com
- Red herring prospectus (RHP), Omara Ventures India · as filed · bsesme.com
- Registrar allotment page, Bigshare Services Pvt.Ltd. · allotment 6 Oct · ipo.bigshareonline.com
- BSE SME issues page · listing 8 Oct · bsesme.com
- Omara Ventures India company website · omara.in
- BuyUnlistedShares IPO record: GMP, subscription and allotment, dated daily · GMP as of 6 Oct, 08:00 · buyunlistedshares.com
How to cite this page: BuyUnlistedShares, “Omara Ventures India IPO”, https://buyunlistedshares.com/ipo/omara-ventures-india-ipo, as of 06 Oct 2026.
Other IPOs on the calendar
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- TNA Solutions IPO · 30 Sep – 6 Oct 2026
- Acme India Industries IPO · 30 Sep – 6 Oct 2026
- R.K.Fashion Accessories IPO · 5 – 7 Oct 2026
- Jio Platforms IPO · 21 – 23 Oct 2026
Indicative reference price, dated. BuyUnlistedShares is India's premium unlisted shares desk: the unlisted and pre-IPO dealing desk of Gayatri Financial Synergy, Faridabad, in the market since 2002. Reviewed by the BuyUnlistedShares desk before publishing. Data as of 06 Oct 2026.
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