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Omara Ventures India Plans Rs 41.99 Crore IPO
Omara Ventures India sells designer jewellery under the brand name OMARA.
Its products include rings, earrings, necklaces and bracelets.
The company uses diamonds, gemstones, gold and silver in its jewellery.
It is planning to sell shares to the public through an IPO.
The IPO is expected to raise Rs 41.99 crore at the upper price band.
People can apply for the shares between September 30 and October 5, 2026.
The company’s sales and profits increased between FY25 and FY26.
It plans to use the money to improve its boutique, advertise its brand, repay borrowings and support daily business needs.
Omara Ventures India plans a Rs 41.99 crore IPO on the BSE SME platform.
The issue is scheduled to open on September 30, 2026, and close on October 5, 2026.
The price band is Rs 296 to Rs 311 per share, with a minimum application of 800 shares.
Revenue rose from Rs 23.52 crore in FY25 to Rs 45.87 crore in FY26, while profit after tax increased to Rs 9.36 crore.
IPO proceeds are planned for boutique expansion, marketing, debt repayment, working capital and general corporate purposes.
- Who
- Omara Ventures India Limited, which operates the OMARA designer jewellery brand.
- What
- A proposed Rs 41.99 crore initial public offering and listing of equity shares.
- Where
- The shares are proposed to be listed on the BSE SME platform; the company is based in Chandigarh.
- When
- The IPO is scheduled to open on September 30, 2026, and close on October 5, 2026; the RHP is dated September 22, 2026.
- Why
- The company plans to fund boutique renovation and expansion, marketing, borrowing repayment or prepayment, working capital and general corporate purposes.
Key facts
- Company
- Omara Ventures India Limited
- Brand
- OMARA
- Issue size
- Rs 41.99 crore at the upper price band
- Price band
- Rs 296-Rs 311 per equity share
- IPO dates
- September 30, 2026 to October 5, 2026
- Minimum application
- Two lots, or 800 equity shares; Rs 2,48,800 at the upper band
- Financial performance
- FY26 revenue was Rs 45.87 crore, EBITDA was Rs 14.42 crore and profit after tax was Rs 9.36 crore
Sources
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