Omara Ventures India IPO
Omara Ventures India IPO Details
-
Open Date
30 Sep 2026
-
Close Date
05 Oct 2026
- IPO Price Range
₹ 296 to ₹311
- IPO Size
₹ 41.99 Cr
Omara Ventures India IPO Timeline
Omara Ventures India IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 30-Sep-2026 | 0.25 | 1.15 | 0.05 | 0.53 |
| 01-Oct-2026 | 1.00 | 1.07 | 0.16 | 0.69 |
| 05-Oct-2026 | 1.00 | 1.72 | 0.43 | 1.06 |
Last Updated: 05 October 2026 6:57 PM by 5paisa
Omara Ventures India Limited is a retail jewellery company engaged in selling diamond jewellery made using natural diamonds and precious and semi-precious gemstones, set in precious metals such as gold, platinum and silver. Its jewellery is marketed under the “Omara” brand and is primarily sold through its retail boutique.
The Company's business model focuses on in-house product conceptualisation, design development, product curation, inventory management and customer engagement. Manufacturing and product development are undertaken through external supply partners according to designs, specifications and quality standards approved by the Company. Its portfolio includes solitaire and diamond jewellery, gold jewellery and silver coins.
Solitaire and diamond jewellery contributed 66.96% of revenue from operations in FY26, while gold jewellery accounted for 31.80% and silver coins contributed 1.24%. Chandigarh remained its largest market, accounting for 82.92% of FY26 revenue, followed by Maharashtra at 16.34%.
Established in: 2020
Managing Director: Samarth Jaiswal
Peers:
Advit Jewels Limited
PN Gadgil Jewellers Limited
PNGS Reva Diamond Jewellery Limited
Bluestone Jewellery and Lifestyle Limited
Omara Ventures India Objectives
1. Funding capital expenditure requirements towards renovation and expansion of the jewellery boutique – ₹2.00 crore
2. Marketing and promotional expenses aimed at enhancing local brand awareness and visibility of the flagship brand, “OMARA” – ₹2.00 crore
3. Repayment or prepayment, in full or in part, of borrowings availed from banks and financial institutions – ₹18.00 crore
4. Funding the Company's long-term working capital requirements – ₹10.00 crore
5. General corporate purposes
Omara Ventures India IPO Size
| Types | Size |
|---|---|
| Total IPO Size | ₹41.99 Cr |
| Offer For Sale | - |
| Fresh Issue | ₹41.99 Cr |
Omara Ventures India IPO Lot Size
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 800 | 2,48,800 |
| Individual investors (IND) (Max) | 2 | 800 | 2,48,800 |
| 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 |
Omara Ventures India IPO Reservation Table
| Investors Category | Subscription (times) | Shares Offered* | Shares bid for | Total Amount (Cr.)* | Total Applications |
|---|---|---|---|---|---|
| QIB (Ex Anchor) | 0.25 | 2,56,400 | 63,200 | 1.966 | 0 |
| Non-Institutional Buyers | 1.15 | 5,12,800 | 5,91,200 | 18.386 | 0 |
| bNII (> ₹10L) | 1.65 | 3,42,000 | 5,63,600 | 17.528 | |
| sNII (< ₹10L) | 0.16 | 1,70,800 | 27,600 | 0.858 | |
| Individual Investors | 0.05 | 5,12,800 | 23,200 | 0.722 | 0 |
| Total ** | 0.53 | 12,82,000 | 6,77,600 | 21.073 | 85 |
| Particulars (In ₹ Crores.) | FY24 | FY25 | FY26 |
| Revenue | 23.19 | 23.52 | 45.87 |
| EBITDA | 1.84 | 4.87 | 14.43 |
| PAT | 0.31 | 2.73 | 9.37 |
| Particulars (In ₹ Crores.) | FY24 | FY25 | FY26 |
| Total Assets | 26.44 | 29.54 | 47.24 |
| Share Capital | 0.01 | 0.01 | 3.01 |
| Total Liabilities* | 26.01 | 26.38 | 34.72 |
| Particulars (In ₹ Crores.) | FY24 | FY25 | FY26 |
| Net Cash Generated From / (used in) operating activities | -0.10 | -0.84 | -6.70 |
| Net Cash Generated From / (used in) Investing Activities | - | -1.07 | -0.28 |
| Net Cash Generated From / (used in) financing activities | 0.60 | 1.70 | 6.98 |
| Net Increase (Decrease) In Cash And Cash Equivalents* | 0.50 | -0.20 | 0.00 |
Strengths
1. Omara follows a design-led jewellery model with in-house product conceptualisation and design development.
2. Its portfolio covers natural diamond, solitaire, gold and selected silver products across multiple jewellery categories.
3. The Company emphasises jewellery quality, certification and product authenticity, including hallmarking and gemological certification where applicable.
4. It has an established retail boutique and offers personalised and customised jewellery services.
5. Revenue and profitability expanded considerably in FY26, with EBITDA and PAT margins also improving.
Weaknesses
1. The business is geographically concentrated, with Chandigarh accounting for 82.92% of FY26 revenue.
2. Solitaire and diamond jewellery contributed 66.96% of FY26 revenue, creating concentration within one product category.
3. The Company depends on external suppliers and product-development partners for manufacturing and supply.
4. Operating cash flow remained negative across FY24, FY25 and FY26 despite rising reported profitability.
5. Borrowings increased from ₹11.25 crore in FY24 to ₹22.43 crore in FY26.
Opportunities
1. Renovation and expansion of the Chandigarh boutique can increase retail capacity and support private consultations, customised jewellery and occasion-led purchases.
2. Planned marketing expenditure can support wider brand awareness for Omara through digital, outdoor, print and influencer-led channels.
3. Expansion of gold jewellery and other product categories can broaden the Company's revenue mix beyond solitaire and diamond jewellery.
4. Its strategy includes improving customer reach through retail, events and digital channels while expanding customised and personalised jewellery offerings.
Threats
1. Fluctuations in the prices and availability of diamonds, gold and other precious materials can affect procurement costs and margins.
2. Supplier disruptions could affect the availability, pricing and timely delivery of jewellery products.
3. The jewellery market remains sensitive to discretionary consumer spending and changes in demand for premium jewellery.
4. Past statutory and compliance discrepancies, including matters relating to BIS registration and regulatory filings, may expose the Company to penalties or reputational risks.
5. Continued negative operating cash flows could increase reliance on financing and working-capital borrowings.
1. Revenue from operations increased from ₹23.19 crore in FY24 to ₹45.87 crore in FY26, while PAT increased from ₹0.31 crore to ₹9.37 crore.
2. EBITDA margin expanded from 7.93% in FY24 to 31.45% in FY26, reflecting stronger reported operating profitability.
3. The Company's debt-equity ratio declined from 26.35 in FY24 to 1.79 in FY26 as net worth increased.
4. Omara has a design-led retail model with exposure to diamond, solitaire and gold jewellery, supported by customisation and a physical boutique.
5. These factors need to be considered alongside increased borrowings, geographic and product concentration, and negative operating cash flows.
India's gold and diamond trade contributes significantly to the country's economy and employment, while the gems and jewellery sector remains an important export-oriented industry. The sector also benefits from policy support for investment and exports, including 100% foreign direct investment under the automatic route.
The industry outlook is influenced by domestic consumption, wedding and festive demand, export opportunities, precious-metal prices and changing preferences towards branded and organised jewellery retail.
Within this industry, Omara operates predominantly as a boutique-led, premium jewellery retailer. Revenue from operations increased substantially between FY25 and FY26, while the contribution from gold jewellery also rose.
The proposed boutique expansion, brand marketing and working-capital funding may support a larger inventory range and broader customer reach. At the same time, geographic concentration, raw-material volatility, borrowings and negative operating cash flow remain relevant business considerations.
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FAQs
Omara Ventures India IPO opens on September 30, 2026 and closes on October 5, 2026.
The Omara Ventures India IPO has a total issue size of approximately ₹41.99 crore. The offer is entirely a fresh issue, with no offer-for-sale component.
The price band of Omara Ventures India IPO is fixed at ₹296 to ₹311 per equity share.
To apply for Omara Ventures India IPO, follow the steps given below:
1. Login to your 5paisa demat account and select the issue in the current IPO section.
2. Enter the number of lots and the price at which you wish to apply for the Omara Ventures India IPO.
3. Enter your UPI ID and click on submit. Your bid will then be placed with the exchange.
4. You will receive a mandate notification on your UPI app to authorise the blocking of funds.
The bid lot is 400 shares. Individual investors are required to apply for a minimum of two lots, or 800 shares. At the upper price band of ₹311 per share, the minimum application amount is ₹2,48,800.
The tentative basis of allotment date for Omara Ventures India IPO is October 6, 2026.
Omara Ventures India IPO is tentatively scheduled to list on the BSE SME platform on October 8, 2026.
Wealth Mine Networks Limited is the Book Running Lead Manager to the Omara Ventures India IPO. Bigshare Services Private Limited is the registrar to the issue.
The Company proposes to use the IPO proceeds towards renovation and expansion of its jewellery boutique, marketing and promotional activities for the Omara brand, repayment or prepayment of certain borrowings, long-term working-capital requirements and general corporate purposes.