Omara Ventures India Builds Designer Jewellery Business Ahead of Rs 41.99 Crore IPO

Omara Ventures India Ltd, the company behind designer jewellery brand OMARA, is preparing to enter the capital markets with its proposed Rs 41.99 crore IPO at the upper price band. The public issue is scheduled to open for subscription on September 30, 2026, and close on October 5, 2026.

The company has filed its Red Herring Prospectus (RHP) and is proposing to list its equity shares on the BSE SME platform. The IPO has a price band of Rs 296 to Rs 311 per equity share, with a lot size of 400 equity shares. The minimum application is for two lots, or 800 equity shares.

While the proposed IPO marks an important corporate milestone, Omara Ventures India has built its business around designer jewellery, contemporary designs and a retail-led customer proposition.

OMARA: A Contemporary Jewellery Proposition

Omara Ventures India operates under its flagship brand OMARA, offering jewellery across categories including rings, earrings, necklaces, bracelets and other jewellery products.

The company's portfolio includes natural diamonds, precious and semi-precious gemstones, and precious metals such as gold and silver. The brand caters to multiple jewellery occasions, including bridal wear, special occasions and everyday luxury.

OMARA combines contemporary aesthetics with traditional jewellery craftsmanship, with a focus on designs aimed at evolving consumer preferences. Based in Chandigarh, the company has developed its presence in the designer jewellery segment and is looking to further strengthen its retail proposition.

Financial Performance

Omara Ventures India reported a significant improvement in its financial performance in FY26. According to financial information disclosed in the company's offer documents, revenue increased from approximately Rs 23.52 crore in FY25 to Rs 45.87 crore in FY26.

EBITDA increased from approximately Rs 4.87 crore in FY25 to Rs 14.42 crore in FY26, while profit after Tax (PAT) rose from approximately Rs 2.73 crore to Rs 9.36 crore during the same period.

Disclaimer: The article is for informational purposes only and not investment advice.