Omara Ventures India IPO Details
Factual IPO information from public filings. Not investment advice.
Issue Details
- Price Band
- ₹311
- Lot Size
- 400 shares
- Min. Investment
- ₹1,24,400
- Total Issue Size
- ₹41.99 Cr
- 13,50,161 shares
- Fresh Issue
- ₹41.98 Cr
- 13,50,000 shares
- Face Value
- ₹10 per share
- Issue Type
- Book-built IPO
- Listing At
- BSE SME
- Shares Pre-Issue
- 30,10,000
- Shares Post-Issue
- 43,60,000
Lot Size & Investment
1 lot = 400 shares
Retail (min)
1 lot · 400 shares
Retail (max)
1 lot · 400 shares
S-HNI (min)
2 lots · 800 shares
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual | 2 | 800 | ₹2,48,800 |
| Small HNI (S-HNI) | 3 | 1,200 | ₹3,73,200 |
| Big HNI (B-HNI) | 9 | 3,600 | ₹11,19,600 |
Financial Performance
Restated figures in ₹ crore, unless stated otherwise
| Period | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| Assets | 47.25 | 29.46 | 26.44 |
| Total Income | 45.87 | 23.52 | 23.19 |
| Profit After Tax | 9.37 | 2.73 | 0.31 |
| EBITDA | 14.43 | 4.87 | 1.84 |
| Net Worth | 12.52 | 3.16 | 0.43 |
| Reserves & Surplus | 9.51 | 3.15 | 0.42 |
| Total Borrowing | 22.43 | 13.95 | 11.25 |
About Omara Ventures India
Incorporated in October 2020, Omara Ventures India sells diamond jewellery to consumers under the Omara brand from its retail boutique. The pieces use natural diamonds together with precious and semi-precious stones set in gold, platinum and silver, across necklaces, earrings, rings and bracelets. Collections are aimed at weddings, festivals, special occasions and daily wear, spanning a range of ages and price points. The company handles conceptualisation, design development and customisation itself rather than buying finished stock, and sells business-to-consumer rather than through wholesale channels.
Company Information
Strengths (from RHP)
- Design and product development are done in house, which gives the company control over its collections rather than reselling third-party designs.
- The range deliberately covers several occasions and price points instead of a single bridal or daily-wear niche.
- The promoters and senior management have prior experience in the jewellery trade.
Key risks (from RHP)
- Retail presence is concentrated in one location, so sales depend heavily on a single catchment.
- The business depends on a limited set of suppliers for diamonds and precious metals.
- Repeat purchase in jewellery is infrequent, so the company must keep acquiring new customers.
- Book running lead managers
- Wealth Mine Networks Private Limited
- Registered office
- SCO 162 & 163, Sector 9-C, Madhya Marg, Sector 9, Chandigarh, Chandigarh, 160009