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Omara Ventures India IPO

₹296.00 to ₹311.00Price band

Bidding opened on 30 September 2026 and closes today, 5 October 2026.

Subscription and grey market figures refresh on a 30-minute cycle. Last synced 5 October 2026. Confirm current numbers on the exchange websites before you apply.

Issue size
₹41.99 Cr
Lot size
400 shares
Minimum investment
₹1,24,400.00
Face value
₹10.00
Fresh issue
₹39.87 Cr
Offer for sale
₹2.12 Cr
Exchanges
NSE and BSE
Bidding dates
30 September 2026 to 5 October 2026

Subscription so far

How many times each investor category has bid against the shares reserved for it. A multiple of 1.00x means bids covered the category exactly; above that, the category is oversubscribed.

Subscription by investor category, bidding day 6
CategoryTimes subscribedRelative to the highest category
bNIINon-institutional (bids above ₹10 lakh)1.65x
NIINon-institutional investors1.15x
QIBQualified institutional buyers1.00x
TotalTotal0.69x
sNIINon-institutional (bids up to ₹10 lakh)0.25x
RetailRetail individual investors0.16x
Total0.69x

Figures from bidding day 6. A multiple of 1.00x means bids exactly covered the shares offered; above that the issue is oversubscribed. Source share counts are not published in this dataset, so only the multiple is shown.

The dates that matter

An Indian IPO runs on a fixed calendar. Bidding stays open for three working days, the allotment is finalised the next working day, and the shares begin trading the day after that.

    Issue dates

  1. Bidding opensCompleted

    30 September 2026

  2. Bidding closesNext

    5 October 2026 in today

  3. Basis of allotment

    6 October 2026

  4. Refunds initiated

    7 October 2026

  5. Shares credited to Demat

    7 October 2026

  6. Listing on the exchange

    8 October 2026

Grey market premium

No premium was quoted for this issue on any of the 13 days we hold a record for. A blank record is not a premium of zero, and it says nothing about demand either way.

About Omara Ventures India

Omara Ventures India Ltd. runs a single retail jewellery boutique from its registered office in Sector 9, Chandigarh. The company sells diamond jewellery made with natural diamonds and precious or semi-precious gemstones set in gold, platinum and silver, all under the "Omara" brand. It serves walk-in retail customers rather than wholesalers or other businesses. The range covers necklaces, earrings, rings and bracelets, split across bridal and wedding pieces, festive and occasion wear, and lighter everyday designs at different price points. Omara does not own a factory. It designs and curates collections in-house and a product development and supply partner manufactures to its approved specifications. Customers can also order customised pieces. Every item carries the Omara insignia and comes with BIS hallmarking for metals and, where applicable, grading from laboratories such as GIA. The company employed 17 people as of June 30, 2026.

Promoters

  • Samarth Jaiswal
  • Ishani Mehta Jaiswal

Financial highlights

The last three fiscal years as the offer document states them. Reading across a row shows whether the figure has grown, which is why the years run left to right.

Metric (₹ crore)Mar 2024Mar 2025Mar 2026
Assets26.4429.4647.25
Total Income23.1923.5245.87
Profit After Tax0.312.739.37
EBITDA1.844.8714.43
NET Worth0.433.1612.52
Reserves and Surplus0.423.159.51
Total Borrowing11.2513.9522.43

Figures are in ₹ crore and reproduced from the offer document, covering Mar 2024 to Mar 2026. A dash means the document does not state that figure for that period. A fiscal year ending March is labelled by its closing month, and where the document states a figure on a different basis the label here follows the document rather than normalising it.

Key ratios

Valuation and return ratios calculated from the issuer's financials. These are the figures the issue price is usually judged against, and the offer document carries the working behind each one.

RatioValueWhat it measures
Earnings per share₹31.11Profit after tax divided by the number of shares.
P/E at the cap price10.00xIssue price divided by earnings per share. Lower is cheaper, but only against the same industry.
P/E after the issue14.48xThe same ratio recalculated on the larger post-issue share count.
Price to book7.47xIssue price against net assets per share.
Net asset value per share₹41.61What the company owns, less what it owes, per share.
Return on equity74.78%Profit earned on shareholders’ money.
Return on capital employed85.38%Profit earned on all the capital in the business, including debt.
Return on net worth74.78%The offer document’s own name for return on shareholders’ funds.
Debt to equity1.79xBorrowings against shareholders’ funds. Higher means more leverage.
Profit margin20.42%Profit after tax as a share of income.
Operating margin31.45%Operating profit as a share of income, before interest, tax and depreciation.
Market capitalisation₹135.60 CrValue of the company at the issue price.

Ratios are stated as published. A ratio that is absent here was not stated in the document, and is not the same as a ratio of zero.

What the money is for

Every issue states its objects in the offer document. These are reproduced from it, largest first, so you can see where most of the raise is going.

  • Funding towards repayment or prepayment, in full or in part, of borrowings availed by the Company from bank and financial institutions

    ₹18.00 Cr

  • Funding the long-term working capital requirements of the Company

    ₹10.00 Cr

  • Funding capital expenditure requirements towards Renovation and Expansion of the Jewellery Boutique

    ₹2.00 Cr

  • Marketing and promotional expenses aimed at enhancing local brand awareness and visibility of the flagship brand, “OMARA

    ₹2.00 Cr

  • General Corporate Purpose

    Amount not stated

Peer comparison

The offer document compares the issuer against listed companies in the same business, on earnings, book value and return on net worth. Omara Ventures India is the first row.

Peer comparison from the offer document. Omara Ventures India is the first row.
CompanyEPS (₹)P/ENAV per share (₹)RoNW
Omara Ventures India Ltd.This issue31.11—₹41.6174.89%
Advit Jewels Ltd.10.7423.82₹28.9337.14%
Bluestone Jewellery & Lifestyle Ltd.1.1763.27₹118.440.73%
PN Gadgil Jewellers Ltd.29.5520.75₹144.6320.88%
Pngs Reva Diamond Jewellery Ltd.28.4118.05₹162.5312.55%

Reproduced from the peer comparison in the offer document. A dash means the document does not state that figure for that company. It is absent, not zero. Ratios are reported on the basis named in the document, which is not always the same period for every company.

Who gets what share

SEBI fixes how much of a book-built issue each investor category can be allotted. This is the split for this issue as stated in the offer document.

Reservation by investor category
CategoryShare of issueAmount
Retail individual investors40.00%₹15.95 Cr
Non-institutional (bids above ₹10 lakh)26.68%₹10.64 Cr
Qualified institutional buyers20.00%₹7.97 Cr
Non-institutional (bids up to ₹10 lakh)13.32%₹5.31 Cr

Percentages are reproduced as text from the offer document. A dash means the document does not state an amount for that category. Categories are labelled using the document's own terms, which differ slightly between issues.

Questions people ask

One lot is 400 shares. The price band is ₹296.00 to ₹311.00, and the block is calculated at the top of it, ₹311.00. That comes to ₹1,24,400.00 held in your bank account until the allotment is finalised. If you are not allotted, the block is released and the money never leaves your account.

Bidding runs from 30 September 2026 to 5 October 2026. Applications can be revised or withdrawn while bidding is open. Once it closes, the registrar finalises the basis of allotment the next working day and shares are credited the day after.

The last recorded total is 0.69x. That figure is a snapshot refreshed every 30 minutes, so it can lag the exchange during a bidding day. A multiple above 1.00x means bids exceeded the shares offered.

Retail applications run from 1 lot to 1 lots. The retail category caps an application at ₹2,00,000, so the upper limit is whichever comes first: the lot ceiling or the value ceiling.

Sources