Omara Ventures IPO
Omara Ventures IPO Listing Day Performance
Omara Ventures listed on BSE SME on 08 October 2026 at ₹319.00, a 2.57% premium over the issue price of ₹311. A retail investor allotted the minimum application of 800 shares (2 lots) gained ₹6,400 at the listing price.
Demand going into listing
| Subscribed overall | 1.11× |
| QIB | 1× |
| NII | 1.85× |
| Retail | 0.43× |
Market Sentiment
IPO Details
Day-wise Subscription (times subscribed)
| Category | Day 1 | Day 2 | Day 3 | Final |
|---|---|---|---|---|
| QIB | 0.25x | 1.00x | 1.00x | 1.00x |
| NII | 1.15x | 1.20x | 1.20x | 1.85x |
| bNII > ₹10L | 1.65x | 1.68x | 1.68x | 2.46x |
| sNII 2-10L | 0.16x | 0.25x | 0.25x | 0.64x |
| Retail | 0.05x | 0.16x | 0.16x | 0.43x |
| Total | 0.53x | 0.75x | 0.75x | 1.11x |
Market Lot Size
IPO Reservation
Financial Analysis
Financial Data
Financial Performance
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| Revenue | 23.19 | 23.52 | 45.87 |
| Expense | 22.77 | 19.85 | 33.13 |
| Profit (PAT) | 0.31 | 2.73 | 9.37 |
| Total Assets | 26.44 | 29.46 | 47.25 |
Peer Comparison
| Company | EPS | P/E | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Omara Ventures This IPO | 21.48 | 14.48 | 74.78 | 41.61 | - |
| BlueStone Jewellery and Lifestyle Ltd | 1.10 | 763.27 | 0.73 | 118.44 | 2,436.42 Cr |
| PNGS Reva Diamond JewelleryLimited | 28.41 | 18.05 | 12.55 | 162.53 | 439.03 Cr |
| PN Gadgil Jewellers Limited | 29.55 | 20.75 | 20.88 | 144.63 | 1,064.07 Cr |
| Advit Jewels Limited | 10.74 | 23.82 | 37.14 | 28.93 | 167.02 Cr |
Promoters & Holding Pattern
Promoters: Samarth Jaiswal and Ishani Mehta Jaiswal
| Shareholding | No. of Shares | Holding % |
|---|---|---|
| Promoter Holding Pre Issue | 30,09,699 | 99.99% |
| Promoter Holding Post Issue | 30,09,699 | 69.03% |
Strengths & Risks
- Revenue grew 95% in the latest reported year.
- Solid profit margin — 20.4%.
- Strong return on equity — 75%.
- Elevated leverage — debt/equity of 1.79.
- Lists on the exchange's SME platform, where trading is usually thinner than on the main board — selling at your price can be harder.
From this issue's live data. Not investment advice — read the RHP.
Company Information
Omara Ventures at a glance
From the company's description: “Omara Ventures India, founded in October 2020, is a retail jewellery firm involved in the sale of diamond jewellery made using natural diamonds and precious and semi-precious gemstones, as well as gold, platinum, and silver.”
Omara Ventures is raising ₹42 crore through an IPO on the BSE SME. All of it is a fresh issue: there is no offer for sale, so every rupee raised goes to the company rather than to selling shareholders. Main stated uses of the fresh money: Funding towards repayment or prepayment, in full or in part, of borrowings availed by the Company from bank and financial institut… (₹18 crore), Funding the long-term working capital requirements of the Company (₹10 crore) and Funding capital expenditure requirements towards Renovation and Expansion of the Jewellery Boutique (₹2 crore).
Revenue went from ₹23.19 crore in 2024 to ₹45.87 crore in 2026, up 98% over 2 years. Profit after tax went from ₹0.31 crore to ₹9.37 crore, a net margin of 20% in the latest year.
The promoter, Samarth Jaiswal and Ishani Mehta Jaiswal, holds 100% before the issue and 69% after it — a dilution of 31 percentage points. At the upper end of the price band it is priced at 14.5 times post-issue earnings, against a median of 20.8 for the 3 listed peers named in its offer document — below that median. Debt stands at 1.79 times equity.
Written from the issue's offer-document figures shown on this page. Not investment advice.
Company Contact Information
Omara Ventures India Ltd., SCO 162 & 163, Sector 9-C, Madhya Marg, Sector 9 (Chandigarh), Chandigarh, Chandigarh, 160009
Objects of the Issue
| 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 | - |
Resources & Documents
Anchor Investors
Omara Ventures IPO - Quick Take
Omara Ventures has set a price band of Rs 296–Rs 311 per share for an issue size of Rs 42 crore. The stock listed with a 2.57% gain versus its issue price on October 08, 2026.
The issue is promoted by Samarth Jaiswal and Ishani Mehta Jaiswal with Wealth Mine Networks Ltd. acting as lead manager. Net proceeds will primarily be used towards funding capital expenditure requirements towards Renovation and Expansion of the Jewellery Boutique (Rs 2 crore) and marketing and promotional expenses aimed at enhancing local brand awareness and visibility of the flagship brand, “OMARA… (Rs 2 crore).
At the upper end of the price band, the issue is priced at a post-issue P/E of 14.48x. On fundamentals, the company is posting revenue growth of 95.0%, a profit margin of 20.4%, return on equity of 74.8% in its most recent reported period. Listed peers in this segment include BlueStone Jewellery and Lifestyle Ltd (P/E 763.27x) and PNGS Reva Diamond JewelleryLimited (P/E 18.05x) — useful reference points when evaluating the issue's pricing relative to where the broader sector is trading.
On our data-signal score, the combined signals for this issue currently read mixed — some indicators read positively and others do not. This is a summary of public data, not a recommendation to apply or skip. Past performance does not predict future returns — review the price chart and peer comparison below before trading.
Omara Ventures IPO: Lead Manager & Registrar Track Record
How the firm running this issue and its registrar have fared on the other IPOs we track. Each firm's figures leave out Omara Ventures itself, so they describe what came before it.
- Omara Ventures listed at +2.6% on day one; the median of 193 listings was +1.5% (better than 54% of them).
- Subscribed 1.11x against a median of 4.03x across 192 issues (higher than 2%).
- Average listing-day move across all 194 SME listings we track: +11.6%.
| Firm | Other IPOs | Listed at / above issue | Avg move | Median |
|---|---|---|---|---|
| Wealth Mine Networks Ltd. Lead manager | 5 0 MB · 5 SME | 40% 2 of 5 | −12.7% | −19.9% |
| Bigshare Services Pvt. Ltd. Registrar | 61 19 MB · 42 SME | 67% 41 of 61 | Check allotment → | |
Recent listings managed by Wealth Mine Networks Ltd. (5)
Best: Ajwa Projects +0% · Weakest: SMR Jewels −23.7%
| IPO | Listed | Listing-day move |
|---|---|---|
| Ajwa Projects | 04 Nov 2026 | +0% |
| Dhanwel Hybrid Seeds | 26 Aug 2026 | +0% |
| Seemax Resources | 07 Jul 2026 | −20% |
| Liotech Industries | 24 Jun 2026 | −19.9% |
| SMR Jewels | 08 Jun 2026 | −23.7% |
A SEBI-registered merchant banker that runs the issue: due diligence, drafting the offer document, setting the price band with the company, and marketing the IPO to investors.
Finalises the basis of allotment, credits shares to demat accounts, releases blocked funds for unsuccessful bids and handles investor queries about the issue.
Listing-day move = exchange opening price vs issue price (band ceiling where the final price isn't recorded). Counts cover IPOs we track only. Past listings don't predict this one; this is not investment advice.
Frequently Asked Questions
Omara Ventures IPO GMP — What It Means
No grey market premium was recorded for Omara Ventures before it listed.
See the full Omara Ventures GMP history and trend, or learn how grey market premium works and how reliable it is.
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