Omara Ventures India Files RHP Ahead of ₹41.99 Crore IPO on September 30, 2026

The company behind the designer jewellery brand OMARA, Omara Ventures India Limited, has filed its Red Herring Prospectus (RHP) and is set to enter the capital markets with a proposed Initial Public Offering (IPO) on the BSE SME platform.

The company filed its Red Herring Prospectus (RHP) on September 22, 2026. The issue is scheduled to open on Wednesday, September 30, 2026, and close on Monday, October 5, 2026. The company has also received in-principle approval from BSE to list its equity shares on the SME Platform of BSE Limited.

The IPO comprises up to 13,50,000 equity shares, with each share priced between RS. 296 and Rs. 311. The issue size is approximately ₹41.99 crore at the upper end of the price band. The minimum bid lot is 400 equity shares, with a minimum application of 2 lots, equivalent to 800 equity shares.

Developing a designer jewellery brand

OMARA, the flagship brand of Omara Ventures India Limited, operates in the designer jewellery segment. The company offers jewellery crafted using natural diamonds, precious and semi-precious gemstones, and precious metals such as gold and silver.

The company’s product range includes rings, earrings, necklaces, bracelets and other jewellery pieces designed for bridal, occasion and everyday luxury needs.

OMARA has built a retail offering focused on contemporary designs and craftsmanship, with its operations based in Chandigarh. The brand combines traditional jewellery-making expertise with modern aesthetics to meet the changing preferences of high-end jewellery consumers.

Improving business and financial performance

The company has recorded significant growth in its financial performance, with revenue rising to approximately Rs. 45.87 crore in FY26 from Rs. 23.52 crore in FY25, according to the financial information disclosed in its RHP.

EBITDA increased to approximately Rs. 14.42 crore in FY26, up from Rs. 4.87 crore in FY25. Profit after tax also increased to approximately Rs. 9.36 crore from Rs. 2.73 crore during the same period.

The company's improving financial performance reflects the growth in its business scale and profitability as it continues to strengthen its position in the designer jewellery segment.

IPO funds for business expansion

The company plans to use the IPO proceeds for key business requirements, including renovation and expansion of the jewellery boutique, marketing and promotional activities for the OMARA brand, repayment or prepayment of borrowings, long-term working capital requirements and general corporate purposes, as outlined in the company's RHP.

The planned capital deployment is expected to support the company's operating requirements while enabling it to invest in brand visibility, customer acquisition and business expansion.

OMARA prepares for its market debut

The RHP filing marks an important milestone for Omara Ventures India Limited's journey as it moves towards a proposed BSE SME listing. The company will continue to focus on building the OMARA brand in the high-end designer jewellery segment as it moves towards becoming a publicly listed entity.

The company’s IPO is scheduled to open on September 30, 2026, and close on October 5, 2026.

As OMARA prepares for its proposed capital-market debut, the company plans to build on its recent financial performance and further strengthen its presence in India's jewellery market.

IPO at a Glance

Particulars	Details
Company	Omara Ventures India Limited
Brand	OMARA
RHP Date	September 22, 2026
Issue Size	₹41.99 Crore*
Issue Opening Date	September 30, 2026
Issue Closing Date	October 5, 2026
Price Band	₹296 – ₹311 per Equity Share
Minimum Bid Lot	400 Equity Shares
Minimum Application	2 Lots / 800 Equity Shares
Minimum Application at Upper Band	₹2,48,800
Platform	BSE SME

The contents herein above shall not be considered as an invitation or persuasion to trade or invest. Wealth Mine Networks Limited and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. Investments in securities market are subject to market risks, read all the related documents carefully before investing. For further information and risk Factors please refer to the Red Herring Prospectus filed with BSE SME Platform and on following websites www.bseindia.com, www.wealthminenetworks.com, www.omara.in.

Disclaimer - The above content is non-editorial, and TIL hereby disclaims any and all warranties, expressed or implied, relating to it, and does not guarantee, vouch for or necessarily endorse any of the content.