Omara Ventures India IPO Details & GMP

Closed
GMP Today ₹0
Price Band ₹311
Lot Size 400
GMP % 0.00%

About Omara Ventures India

Omara Ventures India Limited is launching its SME Initial Public Offering (IPO) on September 30, 2026. Incorporated in 2020, Omara Ventures operates in the retail jewellery sector under the offering custom-designed natural diamond, precious gemstone, gold, platinum, and silver jewellery.

1. Key Dates & IPO Timetable

  • IPO Open Date: September 30, 2026

  • IPO Close Date: October 5, 2026

  • Basis of Allotment: October 6, 2026

  • Initiation of Refunds: October 7, 2026

  • Credit of Shares to Demat: October 7, 2026

  • Listing Date: October 8, 2026 (BSE SME)

2. Issue Details, Price Band, and Lot Size

The total issue size is ₹41.99 crores (13.50 lakh equity shares), which is entirely a fresh issue with no Offer for Sale (OFS) component.

  • Price Band: ₹296 to ₹311 per equity share

  • Face Value: ₹10 per share

  • Base Lot Size: 400 shares

  • Listing Exchange: BSE SME

  • Reservation: QIB – 50%, Retail – 35%, NII/HNI – 15%

Application Requirements:

  • Retail Investors (Min & Max – 2 Lots): 800 shares amounting to ₹2,48,800 (at the upper price band of ₹311).

  • Small HNI (sNII – Min 3 Lots): 1,200 shares amounting to ₹3,73,200.

3. Financial Performance & Utilization of Funds

Financial Overview

  • Total Revenue: ₹45.87 crore (FY26), up 95% from ₹23.52 crore (FY25).

  • Profit After Tax (PAT): ₹9.37 crore (FY26) vs ₹2.73 crore (FY25).

  • EBITDA: ₹14.43 crore (FY26) vs ₹4.87 crore (FY25).

  • ROE / RoNW: 74.76%

  • ROCE: 85.38%

Objects of the Issue

The net proceeds will be deployed for:

  1. Repayment/prepayment of existing bank borrowings (~₹18.00 crore).

  2. Meeting long-term working capital requirements (~₹10.00 crore).

  3. Renovation and expansion of the flagship retail boutique (~₹2.00 crore).

  4. Brand marketing and promotional activities (~₹2.00 crore).

  5. General corporate purposes.

4. Grey Market Premium (GMP)

  • Current GMP: ₹0 per share

  • Estimated Listing Price: ₹311 (at upper band)

  • Estimated Listing Gain: 0.00%

Note: Grey Market Premium is an unoffical price indicator and changes dynamically based on market demand during the subscription period.

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Disclaimer: Grey Market Premium (GMP) is unofficial. We do not trade in the Grey Market. Investment in IPOs is subject to market risks. Read RHP carefully before investing.