Omara Ventures(O)SME
Omara Ventures India Ltd, founded in October 2020, is a retail jewellery firm involved in the sale of diamond jewellery, precious and semi-precious gemstones, gold, platinum, and silver under the brand 'Omara'.
Price Band
₹311 - ₹311
Lot Size
800 Shares
Issue Size
₹42.00 Cr
Fresh Issue
₹42.00 Cr
OFS
N/A
Registrar
AI Sentiment Score
Current GMP
₹0
Est. Listing: ₹311 (0%)
📅 IPO Timeline
1
Open
Sep 30, 2026
2
Close
Oct 5, 2026
3
Allotment
Oct 6, 2026
4
Refund
Oct 7, 2026
5
Demat
Oct 7, 2026
6
Listing
Oct 8, 2026
✨ AI Analysis & Prediction
-2.0%
predicted listing gain
Omara Ventures SME IPO has a modest profile with low retail subscription and flat grey market sentiment, balancing its solid financial growth in FY26 against a relatively small float and moderate risk.
💪 Strengths
- High growth in revenue and PAT in FY26
- Strong return ratios (ROE and ROCE above 70%)
- Fresh issue proceeds utilized for growth and debt reduction
⚠️ Weaknesses
- Low retail subscription demand
- Elevated debt-to-equity ratio of 1.79
- Short operating history since October 2020
🚀 Opportunities
- Expanding retail presence in custom diamond and designer jewellery
- Growing demand for organized branded jewellery in India
🛡️ Threats
- High gold and diamond price volatility
- Intense competition from established listed and unlisted jewellery peers
- SME stock illiquidity risks
🎯 Objectives of the IPO
| Requirement / Purpose | Amount (₹ Cr) |
|---|---|
| Funding capital expenditure requirements towards Renovation and Expansion of the Jewellery Boutique | ₹2.00 |
| Marketing and promotional expenses aimed at enhancing local brand awareness and visibility of the flagship brand, “OMARA” | ₹2.00 |
| Funding towards repayment or prepayment, in full or in part, of borrowings availed by the Company from bank and financial institutions | ₹18.00 |
| Funding the long-term working capital requirements of the Company | ₹10.00 |
| General Corporate Purpose | ₹10.00 |
📊 Financial Overview
| Metric | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue (₹ Cr) | Rs 23.19 Cr | Rs 23.52 Cr | Rs 45.87 Cr |
| Net Profit / PAT (₹ Cr) | Rs 0.31 Cr | Rs 2.73 Cr | Rs 9.37 Cr |
| Total Assets (₹ Cr) | Rs 26.44 Cr | Rs 29.46 Cr | Rs 47.25 Cr |
| ROE % | NA | NA | 74.78% |
| ROCE % | NA | NA | 85.38% |
| Debt / Equity | NA | NA | 1.79 |
📋 Live Subscription Status
QIB
1.00x
NII
1.07x
Retail
0.16x
Total
0.69x
Updated: Oct 2, 2026 6:34 PM
💼 Reservation Quota
QIB
20.00%
Retail
40.00%
NII
40.00%
📈 Shareholding & Anchor Lock-In
🔗 Important Links & Lead Managers
- Check Allotment StatusCheck Now →
- Registrar WebsiteVisit →
- Download DRHP ProspectusDownload PDF 📥
- Download RHP ProspectusDownload PDF 📥
Lead Managers / Merchant Bankers
This issue is managed by Hem Securities Ltd., and Share India Capital Services Pvt. Ltd.
Disclaimer: The information provided on this page is for educational and informational purposes only and does not constitute financial advice. IPO investments are subject to market risks. AI-generated analysis is based on publicly available data and may not be accurate. Grey Market Premium (GMP) is unofficial and highly speculative. Always consult a qualified financial advisor and read the DRHP/RHP carefully before making investment decisions.
The company has scaled up operations significantly, registering revenue of ₹45.87 crores and PAT of ₹9.37 crores in FY26, up from ₹23.52 crores and ₹2.73 crores in FY25. It boasts robust return ratios including an ROE of 74.78% and ROCE of 85.38% for FY2026, though backed by a debt-to-equity ratio of 1.79.
The IPO aims to raise ₹42 crores entirely via a fresh issue structured at a price band of ₹296 to ₹311 per share. Total subscription came in at a modest 0.69x with retail subscription lagging at 0.16x, while QIB and NII hovered around 1.0x. The grey market premium currently stands at flat/zero.