From The Economic Times · Spotlight Wire · · 1m 10s
Omara Ventures Files ₹41.99 Crore IPO
Omara Ventures India files RHP ahead of ₹41.99 crore IPO on September 30, 2026.
In brief
Omara Ventures India files RHP ahead of ₹41.99 crore IPO on September 30, 2026. Omara Ventures India plans to list on BSE SME with ₹41.99 crore IPO on September 30, 2026. Originally reported by The Economic Times.
Omara Ventures Files RHP
Omara Ventures India Limited filed its Red Herring Prospectus on September 22, 2026.
IPO Schedule
The IPO opens September 30, 2026, and closes October 5, 2026, on BSE SME.
BSE SME Approval
The company received in-principle approval from BSE to list equity shares on SME Platform.
IPO Pricing
Each share priced between ₹296 and ₹311, with issue size of ₹41.99 crore at upper end.
Design Jewellery Brand
OMARA offers designer jewellery using natural diamonds, gemstones, and precious metals.
Financial Growth
Revenue rose to ₹45.87 crore in FY26 from ₹23.52 crore in FY25, with EBITDA at ₹14.42 crore.
IPO Funds
Proceeds will fund boutique expansion, marketing, debt repayment, and working capital.
Market Debut
OMARA aims to strengthen its position in India's high-end designer jewellery market post-IPO.
The main idea
Omara Ventures India plans to list on BSE SME with ₹41.99 crore IPO on September 30, 2026.
