Omara Ventures India IPO

IPO details

Subscription status

Updated 08 Oct 2026, 06:30 PM IST

IPO dates

Lot size and application amounts

About Omara Ventures India

Omara Ventures India Limited was started in October 2020. It is a retail jewellery company selling diamond jewellery made with natural diamonds and precious and semi-precious gemstones, set in gold, platinum and silver. It sells under the brand name Omara and serves individual customers directly through its retail boutique rather than supplying other jewellers. Its range covers necklaces, earrings, rings, bracelets and other pieces, across wedding jewellery, special occasion jewellery, festive jewellery and contemporary daily wear, at different price points and for different age groups. The company describes its approach as combining traditional elegance with contemporary design. Its business is built around conceptualising products in house, developing designs, studying customer preferences and curating collections.

Omara Ventures India financials

Key ratios

Strengths

• Sales nearly doubled in FY2026, from Rs 23.52 crore to Rs 45.87 crore.
• Profit has grown very sharply, from Rs 0.31 crore in FY2024 to Rs 2.73 crore in FY2025 and Rs 9.37 crore in FY2026.
• The margin is high for jewellery retail, with a PAT margin of 20.42%.
• Return ratios are very high, with RoCE of 85.38% and RoNW of 74.78%, largely because the capital base is still small.
• The issue is priced at about 14.48 times earnings on an EPS of Rs 21.48.
• Designing its own collections in house lets it earn a design premium rather than competing only on gold price.
• It sells directly to customers under its own brand, so it keeps the retail margin rather than supplying other jewellers.
• The whole issue is fresh capital.

Risks

• The growth is from a very small base. Profit rose about thirty times in two years, and such growth cannot be assumed to continue.
• The business runs essentially from a single boutique, so the whole company depends on one location and its footfall.
• Debt is high. Total borrowing was Rs 22.43 crore against a net worth of Rs 12.52 crore, a debt to equity ratio of 1.79.
• The company is young, having been started in October 2020.
• Diamond jewellery is a discretionary purchase that falls quickly when consumer sentiment weakens, and lab-grown diamonds are putting pressure on natural diamond prices.
• Established national jewellery chains have far greater brand recognition, trust and buying power.
• A part of the money goes to marketing and promotion, which is a running cost rather than an asset.
• Promoter holding will come down from 99.99% to 69.03% after the issue.
• This is an SME issue. One lot is 400 shares, which is about Rs 1.24 lakh at the upper band of Rs 311, and SME shares usually trade in low volume after listing.

Allotment status

Registrar: Bigshare Services Private Limited. Check Omara Ventures India IPO allotment status.

FAQs

What is the price band of Omara Ventures India IPO?

₹296–311 per share.

What is the lot size of Omara Ventures India IPO?

400 shares, which costs ₹1,24,400 at the upper price band.

What is the GMP of Omara Ventures India IPO?

₹0 (0.00%) as of 08 Oct 2026, 08:24 AM IST. GMP is unofficial and not a prediction of the listing price.

When does Omara Ventures India IPO open and close?

It opens on 30 Sep 2026 and closes on 5 Oct 2026.

When is the allotment date of Omara Ventures India IPO?

6 Oct 2026.

When will Omara Ventures India IPO list?

8 Oct 2026 on BSE SME.

How many times was Omara Ventures India IPO subscribed?

1.06x overall.

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