Omara Ventures India Limited IPO

Listed 08 Oct 2026, 1.06× subscribed, on the SME platform.

ListedSME· exchange
Subscribed
1.06×
382 applications
Price band
₹296 – ₹311
Minimum bid
₹2,48,800
800 shares, 2 lots
Issue size
—
not in the exchange feed
Listing gain
—
opened at ₹319.00
No verdict · needs 3 of 7 dimensions

Dates

Issuer's timetable, IST.

  1. 30 Sept
    Bidding opens
  2. 5 Oct
    Bidding closes
    Retail UPI mandates by 5 pm IST
  3. 6 Oct
    Allotment
    Status from BIGSHARE SERVICES PRIVATE LIMITED
  4. 8 Oct
    Listing
    SME platform
  1. 30 Sept
    Bidding opens
  2. 5 Oct
    Bidding closes
    Retail UPI mandates by 5 pm IST
  3. 6 Oct
    Allotment
    Status from BIGSHARE SERVICES PRIVATE LIMITED
  4. 8 Oct
    Listing
    SME platform

Demand and allotment odds

Times subscribed by investor category, one shared scale

· NSE · BSE
  • InstitutionsQIB
    1.00×
  • Non-institutionalNII
    1.63×
  • Above ₹10 lakhbNII
    2.46×
  • ₹2–10 lakhsNII
    0.64×
  • RetailRII
    0.43×

Max 2.5×; tick = 1× (fully subscribed). 382 applications.

Retail, 2 lots0.43× subscribed
Full allotment
Minimum 2 lots, 800 shares, ₹2,48,800 blocked
How this is worked out

The retail portion is under-subscribed at 0.43×, so every valid application should receive a full allotment.

HNI / NII1.63× subscribed
~1 in 1.6
Minimum 3 lots, 1,200 shares, ₹3,73,200 blocked
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
₹2,48,800
2 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%
Reservation by investor category
CategorySharesShare of issue
QIB2,56,40018.99%
NII (HNI)5,12,80037.99%
bNII > ₹10L3,42,00025.33%
sNII < ₹10L1,70,80012.65%
Retail5,12,80037.99%
Market Maker68,0005.04%

Total issue 13,50,000 shares. Indented rows sit inside the row above.

What each category may bid

Individual investors (IND) (Min)
₹2,48,800
2 lots, 800 shares
Individual investors (IND) (Max)
₹2,48,800
2 lots, 800 shares
S-HNI (Min)
₹3,73,200
3 lots, 1,200 shares
S-HNI (Max)
₹9,95,200
8 lots, 3,200 shares
B-HNI (Min)
₹11,19,600
9 lots, 3,600 shares

Small-HNI minimum is several lots, not one.

What the money is for

Stated use of net proceeds, ₹ Cr.

1 purposes · no amounts printed
  • Other

How the issuer compares

Peers named by the issuer itself.

Peer comparison
CompanyEPS (₹)P/ENAV (₹)RoNW
Omara Ventures India Limitedthis issue31.11—41.6174.89%
BlueStone Jewellery and Lifestyle Ltd1.10763.3×118.440.73%
PNGS Reva Diamond Jewellery Limited28.4118.1×162.5312.55%
PN Gadgil Jewellers Limited29.5520.8×144.6320.88%
Advit Jewels Limited10.7423.8×28.9337.14%

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.

Median listing gain
unchanged 0.0%
Opened above issue
3 of 8
Largest
up +90.0%
Maxwell Engineering Solutions Limited
Weakest
down minus 5.9%
Eventions Limited
Comparable listings
IssueSubscribedListing gainListing gain bar
Vedant Poly Fabs Limited1.9×unchanged 0.0%
Maxwell Engineering Solutions Limited491×up +90.0%
HGS (India) Limited231×up +33.3%
Ravita Engineering Services Limited6.7×unchanged 0.0%
Vaibhav Vyapaar Limited3.1×down minus 2.0%
R.K. Fashion Accessories Limited2.6×down minus 2.4%
Eventions Limited2.3×down minus 5.9%
Papadmalji Agro Foods Limited2.5×up +0.4%

Different companies at different prices. Bars share one scale (full = 90%).

Offer documents

Primary sources.

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.