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Omara Ventures India IPO
Price Band
₹296.0–311.0
Issue Size
₹41.99 Cr
Lot Size
400 shares
Min Investment
₹248,800
2 LOTS MIN
GMP
—
Issue Price
₹311.0
Omara Ventures India IPO AI Summary
- Omara Ventures India IPO is upcoming on BSE SME in the Gems, Jewellery And Watches sector.
- Price band: ₹296.0–₹311.0 per share, lot size 400 shares (min. investment ₹248,800, 2 lots minimum).
- Subscription window: 30 Sep–05 Oct 2026, listing on 08 Oct 2026.
Omara Ventures India Limited is set to launch its IPO with a focus on premium diamond jewellery. The company has shown significant revenue and profit growth in recent years, backed by a strong design-led business model and quality assurance practices. Investors should consider their risk profile and the market environment when evaluating this IPO.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Important Dates
Subscription Status
IPO not open yet
Opens 30 Sep 2026 · in 2 days
Omara Ventures India IPO Grey Market Premium (GMP) Today
GMP not available yet
Grey Market Premium is updated daily. Check back closer to the listing date.
TopFund Score — Listing Data Indicator
GMP is 0.0% above issue price
Subscription not open yet
No anchor allocation for this IPO
Similar IPOs (same sector & type) averaged 33.9% listing gain
A rules-based composite of GMP, subscription demand, anchor participation and comparable-IPO history — each weighted as shown above. Not a statistically validated probability, a guarantee of listing performance, or personalized investment advice.
Limitations: weights are fixed by TopFund, not backtested against outcomes; the "Historical Similar-IPO Performance" factor needs at least 3 comparable past listings and falls back to a broader, less specific cohort when this sector/type doesn't have enough; GMP and subscription data can change daily right up to listing day, so scores shown may already be stale — check the "as of" date above.
About the Company
Incorporated in October 2020, Omara Ventures India Limited is a retail jewellery company engaged in the sale of premium diamond jewellery crafted using 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 through its exclusive retail boutique, offering a curated portfolio of necklaces, earrings, rings, bracelets, and other jewellery designed for weddings, festive occasions, gifting, and everyday wear. The company follows a design-led business model focused on in-house product conceptualisation, design development, customer preference analysis, and retail merchandising. Manufacturing is undertaken through specialised product development and supply partners based on the company's approved designs and quality specifications, ensuring consistency in craftsmanship, finishing, and product quality. Omara also offers customised jewellery solutions tailored to individual customer preferences while maintaining design exclusivity and premium positioning. Its products are supported by BIS hallmarking for precious metals and GIA or other recognised gemological certifications, wherever applicable. As of June 30, 2026, the company employed 17 personnel across management, sales, operations, marketing, accounts, and support functions. Strengths Curated and design-led portfolio of premium diamond and precious jewellery. Strong in-house product conceptualisation and design capabilities. Focus on quality assurance through hallmarking and recognised gemstone certifications. Customer-centric retail experience with jewellery customisation services. Experienced promoters with a strong understanding of the gems and jewellery industry.
Company Financials (₹ Cr)
As of 2026-03-31
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| 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 and Surplus | 9.51 | 3.15 | 0.42 |
| Total Borrowing | 22.43 | 13.95 | 11.25 |
Key Ratios
EPS
₹31.11
NAV
₹41.61
ROE
74.78%
ROCE
85.38%
RoNW
74.78%
P/B Value
7.47
P/E Ratio
10
Market Cap
₹135.60 Cr
PAT Margin
20.42%
Debt/Equity
1.79
Peer Comparison
| Company | NAV | RoNW | P/E (x) | EPS Basic | EPS Diluted |
|---|---|---|---|---|---|
| Advit Jewels Ltd. | 28.93 | 37.14% | 23.82 | 10.74 | 10.74 |
| PN Gadgil Jewellers Ltd. | 144.63 | 20.88% | 20.75 | 29.55 | 29.55 |
| Pngs Reva Diamond Jewellery Ltd. | 162.53 | 12.55% | 18.05 | 28.41 | 28.41 |
| Bluestone Jewellery & Lifestyle Ltd. | 118.44 | 0.73% | 763.27 | 1.1 | 1.05 |
| Omara Ventures India Ltd. This IPO | 41.61 | 74.89% | — | 31.11 | 31.11 |
Promoters
Samarth Jaiswal, Ishani Mehta Jaiswal
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Funding capital expenditure requirements towards Renovation and Expansion of the Jewellery Boutique 2.00 2 Marketing and promotional expenses aimed at enhancing local brand awareness and visibility of the flagship brand, “OMARA” 2.00 3 Funding towards repayment or prepayment, in full or in part, of borrowings availed by the Company from bank and financial institutions 18.00 4 Funding the long-term working capital requirements of the Company 10.00 5 General Corporate Purpose Total 32.00
IPO Evaluation
Generated 27 Sep 2026Revenue Trend
Total income was ₹23.19 Cr in the year ending 31 Mar 2024, increasing to ₹23.52 Cr by 31 Mar 2025, and further rising to ₹45.87 Cr by 31 Mar 2026. This demonstrates significant growth in revenue over the periods analyzed.
Profit Trend
Profit after tax was ₹0.31 Cr for the year ending 31 Mar 2024, which increased to ₹2.73 Cr by 31 Mar 2025, and further rose to ₹9.37 Cr by 31 Mar 2026. This indicates a strong upward trend in profitability over the analyzed periods.
Valuation
At the issue price of ₹311.0, Omara Ventures India has an implied P/E ratio of 10 based on its EPS of ₹31.11. This is in comparison to its peers, who have P/E ratios ranging from 18.05 to 763.27.
Grey Market Premium, Explained
The grey market refers to unofficial trading of shares before they are listed on the stock exchange. Grey market premium (GMP) indicates the expected listing price of an IPO compared to its issue price. A positive GMP suggests that the stock may list at a higher price, while a negative GMP indicates potential listing below the issue price.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against the company's growth potential, market conditions, and their own financial goals.
Who May Want to Wait
Investors with a low-risk tolerance or those seeking stable, dividend-paying stocks may want to avoid IPOs like this, which can be more volatile and speculative in nature.
IPO Timeline, Explained
The IPO opens for subscription on 30 September 2026 and closes on 5 October 2026. Allotment of shares will be done on 6 October 2026, with the listing expected on 8 October 2026.
Listing Gains — The Risk
Listing gains are the profits made when shares are sold on the stock exchange on the first day of trading. However, these gains are not guaranteed and can be influenced by market conditions, investor sentiment, and the company's performance post-IPO.
This evaluation is generated from Omara Ventures India's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is the price band of Omara Ventures India IPO?
The price band of Omara Ventures India IPO is ₹296.0–₹311.0 per share.
When does Omara Ventures India IPO open and close?
Omara Ventures India IPO opens on 30 September 2026 and closes on 05 October 2026.
When does Omara Ventures India IPO list on the stock exchange?
Omara Ventures India IPO is scheduled to list on 08 October 2026, with an estimated listing price of ₹311.0 based on current GMP.
What is the lot size for Omara Ventures India IPO?
The lot size for Omara Ventures India IPO is 400 shares, requiring a minimum investment of ₹248,800 (2 lots).
What is the TopFund Listing Data Indicator for Omara Ventures India?
Omara Ventures India's Listing Data Indicator score is 42/100 (Moderate signal), a weighted composite of GMP strength, subscription demand, anchor investor interest and how similar past IPOs performed on listing. It's a rules-based summary of public market data, not a statistically validated probability, a guarantee, or personalized investment advice.
What is the price band for the IPO?
The price band for the IPO is ₹296.0 to ₹311.0.
What is the minimum investment required?
The minimum investment required is ₹248,800, which corresponds to a lot size of 400 shares.
When does the IPO open and close?
The IPO opens on 30 September 2026 and closes on 5 October 2026.
What is the listing date for the shares?
The shares are expected to be listed on 8 October 2026.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected listing price of an IPO compared to its issue price.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
30 Sep 2026
Close
05 Oct 2026
Allotment
06 Oct 2026
Listing
08 Oct 2026
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