In Progress
Valuation
Market Cap
₹135.60 Cr
P/E Ratio
10.00x
P/B Ratio
7.47x
Omara Ventures IPO Dates
Open
Close
Allotment
Refunds
Credit
Listing
Conflicting IPOs
IPOs with overlapping timeline
Business Overview
Omara Ventures India Limited, incorporated on October 16, 2020 and headquartered in Chandigarh, is a retail jewellery business selling diamond jewellery crafted from natural diamonds and precious and semi-precious gemstones set in gold, platinum and silver. Marketed under the "Omara" brand and sold through its Chandigarh retail boutique, its portfolio spans necklaces, earrings, rings and bracelets across wedding, festive, special-occasion and daily-wear categories. The business model centres on in-house design, customer preference analysis, curated limited-quantity collections and a product development and supply partnership for manufacturing, supported by BIS hallmarking and GIA-certified diamond grading.
Lots & IPO Size
Omara Ventures IPO Lot Size
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Ind (Min) | 2 | 800 | ₹2,48,800 |
| Ind (Max) | 2 | 800 | ₹2,48,800 |
| S-HNI (Min) | 3 | 1,200 | ₹3,73,200 |
| S-HNI (Max) | 8 | 3,200 | ₹9,95,200 |
| B-HNI (Min) | 9 | 3,600 | ₹11,19,600 |
Market Maker
₹68,000.00
Employee
₹0.00
Shareholder
₹0.00
Omara Ventures IPO Size
Total
₹42 Cr
Fresh Issue
₹42 Cr
(0.14 Cr
Shares)
Offer For Sale
₹0
(0.00
Shares)
Objects of the Issue
Funding capital expenditure requirements towards Renovation and Expansion of the Jewellery Boutique
Marketing and promotional expenses to enhance local brand awareness and visibility of flagship brand "OMARA"
Repayment or prepayment of borrowings availed from banks and financial institutions
Funding the long-term working capital requirements of the Company
General Corporate Purposes & Issue Expenses
Total
Key Risk Factors
The company depends on suppliers for raw materials like diamonds and gold; supply shortfalls or cost increases could adversely affect pricing, margins and operations.
Key Risk Factors
The company depends on suppliers for raw materials like diamonds and gold; supply shortfalls or cost increases could adversely affect pricing, margins and operations.
The company's business depends on retaining existing customers and attracting new ones; loss of key customers or reduced purchases could adversely affect financial performance.
The company generates a major portion of revenue from Chandigarh (82.92% in FY26); adverse regional developments could materially affect revenue and operations.
A significant portion of revenue (66.96% in FY26) comes from Solitaire and Diamond Jewellery; any decline in demand for this category could adversely affect the business.
The company's substantial inventory levels (Rs.4,358.15 lakhs in FY26) and prolonged holding periods (347 days) may strain working capital, cash flows and profitability.
The company did not have BIS registration for its sales outlet from September 2022 to April 2026; regulatory action on this non-compliance could affect its business and reputation.
The company has recorded delays, discrepancies and omissions in statutory records and RoC filings in the past, which could invite monetary penalties or punitive regulatory action.
The company has had discrepancies and delays in filing returns and depositing statutory dues (TDS, TCS, ESIC) with tax authorities in the past, which could result in penalties.
Fluctuations in prices or availability of diamonds, gold and other precious materials could adversely affect the company's procurement costs, inventory value and margins.
The company has experienced negative cash flows from operating activities (Rs.(670.34) lakhs in FY26) and from investing activities in certain past periods.
Omara Ventures IPO Details Live GMP
GMP
₹0
Est. Price
₹311
Est. Gain
0.00%
| Date | GMP (₹) | Est. Price |
|---|---|---|
| 25 Sep | ₹0 (0%) | ₹311 |
| 24 Sep | ₹0 (0%) | ₹311 |
Omara Ventures IPO Peer Comparison
(Rs. in crores)
| Particulars | Omara Ventures | BlueStone Jewellery | PNGS Reva | PN Gadgil | Advit Jewels |
|---|---|---|---|---|---|
| Revenue | 45.87 | 2,436.42 | 439.03 | 1,064.07 | 167.02 |
| PAT | 9.37 | 13.18 | 64.66 | 409.82 | 34.39 |
| EPS (₹) | 31.11 | 1.10 | 28.41 | 29.55 | 10.74 |
| NAV (₹) | 41.61 | 118.44 | 162.53 | 144.63 | 28.93 |
| RONW | 74.89% | 0.73% | 12.55% | 20.88% | 37.14% |
| EBITDA | 31.45% | 15.76% | 21.63% | 6.52% | 29.48% |
| PAT Mrgn | 20.42% | 0.54% | 14.73% | 3.82% | 20.59% |
| PE Ratio | 10.00 | 763.27 | 18.05 | 20.75 | 23.82 |
| Debt to Equity | 1.79 | 0.41 | 0.03 | 0.80 | 0.77 |
All information pertains to FY 2025-26. PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of September 15, 2026 for Peers
Omara Ventures IPO Financial Performance
(Rs. in crores)
| Particulars | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| Revenue | 45.87 | 23.52 | 23.19 |
| Profit | 9.37 | 2.73 | 0.31 |
| Net Worth | 12.52 | 3.16 | 0.43 |
| Borrowings | 22.43 | 13.95 | 11.25 |
| Assets | 47.25 | 29.46 | 26.44 |
| NAV (₹) | 41.61 | 10.49 | 1.42 |
| EPS (₹) | 31.11 | 9.08 | 1.03 |
Key Performance Indicators (KPIs)
Debt to Equity
1.79
All the data pertains to FY 2025-26. PE, PB, and market capitalization are calculated based on the Upper Price Band.
Omara Ventures IPO Financial Statements
(Rs. in crores)
| Particulars | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| Revenue from Ops | 45.87 | 23.52 | 23.19 |
| Total Income | 45.87 | 23.52 | 23.19 |
| Cost of Revenue | 46.70 | 16.11 | 26.88 |
| Changes in Inventories | -18.99 | -1.10 | -8.87 |
| Employee Expense | 1.03 | 0.90 | 0.96 |
| Finance Costs | 1.49 | 1.00 | 1.37 |
| Depreciation | 0.37 | 0.23 | 0.24 |
| Other Expenses | 2.52 | 2.71 | 2.20 |
| Total Expenses | 33.13 | 19.85 | 22.77 |
| Profit Before Tax | 12.74 | 3.67 | 0.42 |
| Tax Expense | 3.38 | 0.94 | 0.11 |
| Profit After Tax | 9.37 | 2.73 | 0.31 |
| EPS — Basic (₹) | 31.11 | 9.08 | 1.03 |
| EPS — Diluted (₹) | 31.11 | 9.08 | 1.03 |
| Particulars | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| Equity Share Capital | 3.01 | 0.01 | 0.01 |
| Reserves & Surplus | 9.51 | 3.15 | 0.42 |
| Total Equity | 12.52 | 3.16 | 0.43 |
| Total Borrowings | 22.43 | 13.95 | 11.25 |
| Trade Payables | 8.80 | 11.21 | 14.16 |
| Short-Term Provisions | 3.25 | 0.93 | 0.14 |
| Other Liabilities | 0.25 | 0.20 | 0.47 |
| Total Equity & Liab | 47.25 | 29.46 | 26.44 |
| Fixed Assets | 1.61 | 1.70 | 0.86 |
| Inventories | 43.58 | 24.60 | 23.49 |
| Trade Receivables | 0.17 | 1.47 | 0.41 |
| Cash & Bank Balances | 0.31 | 0.31 | 0.51 |
| Other Assets | 1.58 | 1.38 | 1.16 |
| Total Assets | 47.25 | 29.46 | 26.44 |
| Particulars | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| Cash Flow from Operating Activities | -6.70 | -0.84 | -0.10 |
| Cash Flow from Investing Activities | -0.28 | -1.07 | 0.00 |
| Cash Flow from Financing Activities | 6.98 | 1.70 | 0.60 |
| Net Change in Cash & Equivalents | 0.00 | -0.20 | 0.50 |
| Cash & Equivalents at End of Period | 0.31 | 0.31 | 0.51 |
Promoter Holding
Promoter
99.99%
Public
0.01%
Samarth Jaiswal
99.12%
Sunil Jaiswal
0.83%
Others
0.04%
Management
Samarth Jaiswal
Age: 33
MD
Remuneration
₹Rs. 20.90 Lakh p.a.
Education
Bachelor of Management Studies (St. Xavier's College, Mumbai University); Graduate Diamonds Gemmologist (GIA)
Prior Experience
More than 10 years in gems & jewellery industry; associated with the company since incorporation
Dhirendra Baloni
Age: 52
CFO
Remuneration
₹Rs. 1.83 Lakh p.a.
Education
B.Com and M.Com (H.N.B. Garhwal University, Dehradun)
Prior Experience
More than 4 years overall experience; no prior employment disclosed; CFO since Jan 1, 2026
Registrar & Lead Managers
Registrar
Bigshare Services
Lead Managers (1)
Company Details
Name: Omara Ventures India Limited
Address: SCO 162 & 163, Sector 9-C, Madhya Marg, Sector 9 (Chandigarh), Chandigarh, India, 160009
Number: +91 172-4106777
Email: info@omara.in
Website: https://omara.in
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Frequently Asked Questions (FAQs)
What is Omara Ventures IPO?
Omara Ventures IPO is a SME IPO having an issue size of
₹42 Crs.
Omara Ventures IPO is priced at
₹296 - ₹311 per
share.
The
issue opens on 30 Sep 26
and
closes on 05 Oct 26.
When will Omara Ventures IPO open?
Omara Ventures IPO opens on
30 Sep 26 and closes on
05 Oct 26.
What is the GMP of Omara Ventures IPO?
The estimated Grey Market Premium of Omara Ventures IPO is
₹0 per share (0.00%).
What is the lot size of Omara Ventures IPO?
The minimum lot size of Omara Ventures IPO is
400 shares & the minimum application amount
is
Rs.
124400.
When is the allotment of Omara Ventures IPO?
The allotment date of Omara Ventures IPO is
06 Oct 26.
What is the listing date of Omara Ventures IPO?
The listing date of Omara Ventures IPO is
08 Oct 26.
What is the subscription of Omara Ventures IPO?
Omara Ventures IPO is subscribed
-.
What is the price band of Omara Ventures IPO?
Omara Ventures IPO is priced at
₹296 - ₹311 per
share.
How to check allotment status of Omara Ventures IPO?
Click the allotment link on Omara Ventures IPO page of IPO360.
How to apply Omara Ventures IPO in Zerodha?
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
How to apply Omara Ventures IPO in Groww?
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
How to apply Omara Ventures IPO using ASBA?
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Omara Ventures IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date
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