Omara Ventures India Limited IPO
Listed 08 Oct 2026, 1.06× subscribed, on the SME platform.
Dates
Issuer's timetable, IST.
- 30 SeptBidding opens
- 5 OctBidding closesRetail UPI mandates by 5 pm IST
- 6 OctAllotmentStatus from BIGSHARE SERVICES PRIVATE LIMITED
- 8 OctListingSME platform
- 30 SeptBidding opens
- 5 OctBidding closesRetail UPI mandates by 5 pm IST
- 6 OctAllotmentStatus from BIGSHARE SERVICES PRIVATE LIMITED
- 8 OctListingSME platform
Demand and allotment odds
Times subscribed by investor category, one shared scale
- InstitutionsQIB1.00×
- Non-institutionalNII1.63×
- Above ₹10 lakhbNII2.46×
- ₹2–10 lakhsNII0.64×
- RetailRII0.43×
Max 2.5×; tick = 1× (fully subscribed). 382 applications.
How this is worked out
The retail portion is under-subscribed at 0.43×, so every valid application should receive a full allotment.
How this is worked out
HNI is 1.63× subscribed. This category is allotted proportionately, so a bid receives roughly 1/1.6 of the shares applied for, subject to the minimum-lot draw.
From SEBI allotment rules. Retail is a lottery on the minimum (2 lots); more lots do not raise the odds.
The offering
Terms, and valuation at the upper band.
Terms
- Price band
- ₹296 – ₹311
- Face value
- ₹10.00
- Lot size
- 400 shares
- Minimum application
- ₹2,48,8002 lots at the upper band
- Total issue size
- —
- Anchor investors
- None
- Registrar
- BIGSHARE SERVICES PRIVATE LIMITED
- Lead managers
- Wealth Mine Networks Limited
- ISIN
- INE1IA801011
Company and valuation
- P/E at upper band
- —
- ROE, latest period
- 74.78%
- ROCE, latest period
- 85.38%
- Debt/Equity, latest period
- 1.79
- RoNW, latest period
- 74.78%
- PAT Margin, latest period
- 20.42%
- EBITDA Margin, latest period
- 31.45%
- NAV, latest period
- 41.61
- P/B (x), latest period
- 7.47
“Latest period” rows can be a part year, so ratios there may read low.
Who gets what
Split by investor category, and minimum bids.
- QIB19.0%
- NII (HNI)38.0%
- Retail38.0%
- Market Maker5.0%
| Category | Shares | Share of issue |
|---|---|---|
| QIB | 2,56,400 | 18.99% |
| NII (HNI) | 5,12,800 | 37.99% |
| bNII > ₹10L | 3,42,000 | 25.33% |
| sNII < ₹10L | 1,70,800 | 12.65% |
| Retail | 5,12,800 | 37.99% |
| Market Maker | 68,000 | 5.04% |
Total issue 13,50,000 shares. Indented rows sit inside the row above.
What each category may bid
- Individual investors (IND) (Min)
- ₹2,48,8002 lots, 800 shares
- Individual investors (IND) (Max)
- ₹2,48,8002 lots, 800 shares
- S-HNI (Min)
- ₹3,73,2003 lots, 1,200 shares
- S-HNI (Max)
- ₹9,95,2008 lots, 3,200 shares
- B-HNI (Min)
- ₹11,19,6009 lots, 3,600 shares
Small-HNI minimum is several lots, not one.
What the money is for
Stated use of net proceeds, ₹ Cr.
- Other
How the issuer compares
Peers named by the issuer itself.
| Company | EPS (₹) | P/E | NAV (₹) | RoNW |
|---|---|---|---|---|
| Omara Ventures India Limitedthis issue | 31.11 | — | 41.61 | 74.89% |
| BlueStone Jewellery and Lifestyle Ltd | 1.10 | 763.3× | 118.44 | 0.73% |
| PNGS Reva Diamond Jewellery Limited | 28.41 | 18.1× | 162.53 | 12.55% |
| PN Gadgil Jewellers Limited | 29.55 | 20.8× | 144.63 | 20.88% |
| Advit Jewels Limited | 10.74 | 23.8× | 28.93 | 37.14% |
The offer document prints no P/E for the issuer; figures are pre-listing.
Risks worth reading
Ranked by severity.
mediumA significant portion of revenue is derived from the sale of Solitaire and Diamond Jewellery, which contributed 96.31%, 89.82% and 66.96% of total product sales for Fiscal 2024, Fiscal 2025 and Fiscal 2026, respectively.
mediumThe business generates a significant portion of revenue from customers located in Chandigarh, which accounted for 82.92%, 93.22% and 78.29% of total revenue for the financial years ended March 31, 2026, March 31, 2025 and March 31, 2024, respectively.
mediumThe business is dependent on the timely procurement of key materials, including diamonds, gold, silver, precious and semi-precious gemstones and other jewellery-related components.
mediumThe business is dependent on the timely procurement of key materials, including diamonds, gold, silver, precious and semi-precious gemstones and other jewellery-related components required for designer diamond jewellery collections.
What happened to comparable issues
Last 8 listings, most comparable first. Context, not a forecast.
| Issue | Subscribed | Listing gain | Listing gain bar |
|---|---|---|---|
| Vedant Poly Fabs Limited | 1.9× | unchanged 0.0% | |
| Maxwell Engineering Solutions Limited | 491× | up +90.0% | |
| HGS (India) Limited | 231× | up +33.3% | |
| Ravita Engineering Services Limited | 6.7× | unchanged 0.0% | |
| Vaibhav Vyapaar Limited | 3.1× | down minus 2.0% | |
| R.K. Fashion Accessories Limited | 2.6× | down minus 2.4% | |
| Eventions Limited | 2.3× | down minus 5.9% | |
| Papadmalji Agro Foods Limited | 2.5× | up +0.4% |
Different companies at different prices. Bars share one scale (full = 90%).
Offer documents
Primary sources.
- PROSPECTUS30 Sept 2026AnalysisPDF (opens SEBI site in a new tab)
Common questions
How many times is the Omara Ventures India Limited IPO subscribed?
Omara Ventures India Limited is subscribed 1.06× overall (QIB 1.00×, NII 1.63×, retail 0.43×). Subscription keeps changing until the issue closes; the final basis of allotment is published by the registrar, BIGSHARE SERVICES PRIVATE LIMITED.
What is the minimum investment in the Omara Ventures India Limited IPO?
One lot is 400 shares, so a retail application at the ₹311 cut-off price blocks ₹1,24,400. Retail applications are capped at ₹2,00,000; above that you bid in the HNI category, where allotment is proportionate rather than by lottery.
When is the Omara Ventures India Limited IPO allotment date?
Allotment is scheduled for 2026-10-06, with listing on 2026-10-08. These dates are the issuer's tentative timetable — a date passing is not confirmation that the step completed. Allotment status is published by the registrar, BIGSHARE SERVICES PRIVATE LIMITED.
Source: offer document, NSE and BSE bidding data; allotment basis from the registrar. Grey-market premium is unofficial. For information only, not investment advice: consult a SEBI-registered adviser before applying.

