| Annual Financials | Mar 2024 | Mar 2025 | Mar 2026 |
| Revenue | 23.19 | 23.52 | 45.87 |
| Expenses | 22.77 | 19.85 | 33.13 |
| Other Income | 0.00 | 0.00 | 0.00 |
| Total Revenue | 23.19 | 23.52 | 45.87 |
| Profit Before Tax | 0.42 | 3.67 | 12.74 |
| Net Profit | 0.31 | 2.73 | 9.37 |
Omara Ventures
Omara Ventures IPO
₹2,36,800
0.26 xOver-subscribedBidding Dates 30 Sept, 26 -05 Oct, 26
Min Investment ₹2,36,800
Lot Size400
Price Range ₹296 – ₹311
Issue Size ₹41.99 Cr.
Download Doc
IPO Subscription Details
Retail Subscription Details
0.04 x
Non-Institutional Buyers (sHNI)
0.06 x
Non-Institutional Buyers (bHNI)
0.88 x
Qualified Institutional Buyers (QIB)
0 x
Total0.26 x
0.26 x IPO Timeline
IPO Offer Start
30 Sept,26
IPO Offer Ends
05 Oct,26
Allotment Finalisation
06 Oct,26
Refund Initiation
07 Oct,26
Listing of Shares
08 Oct,26
IPO Analysis
Strengths
The company offers a curated portfolio of diamond jewellery including necklaces, earrings, rings, and bracelets, catering to weddings, festive occasions, and daily wear across varied price segments. Selectively introduced designs and curated collections are maintained to preserve the premium character of the 'Omara' brand.
The company's business model is centred around in-house product conceptualisation, design development, customer preference analysis, and retail merchandising, enabling control over product aesthetics and brand positioning. This design-led approach allows jewellery reflecting craftsmanship, elegance, and contemporary customer expectations to be offered.
Quality assurance is applied across all stages including sourcing, product development, finishing, and retail sale, supported by BIS hallmarking and diamond grading/certification from recognised laboratories such as GIA. Each jewellery product is embossed with the 'Omara' logo to support brand identification and customer recall.
Risks
The company's business depends on timely procurement of diamonds, gold, silver, and precious gemstones, with the top supplier accounting for up to 52.97% of purchases in FY2024. Disruptions in supply, quality inconsistencies, or significant price increases may adversely affect inventory availability, margins, and overall financial condition.
The company generates 82.92%–93.22% of its revenue from Chandigarh across FY2024–FY2026, making it highly vulnerable to regional economic slowdowns, reduced discretionary spending, or adverse local market conditions. Any sustained adverse development in Chandigarh could materially impact sales, cash flows, and results of operations.
The company's inventories stood at ₹4,358.15 lakhs as of March 31, 2026, with inventory holding periods of 347–382 days across the last three fiscal years. Such extended holding periods increase working capital requirements and expose the company to risks of inventory obsolescence, price declines, and liquidity constraints.
Objectives
The company proposes to utilize a portion of the Net Proceeds towards funding capital expenditure requirements for the renovation, expansion and establishment of a jewellery Boutique at SCO 162-163, Sector 9-C, Madhya Marg, Chandigarh, under the 'Omara' brand to strengthen retail infrastructure and enhance customer experience.
The company intends to utilize a portion of the Net Proceeds towards marketing and promotional activities including branding, print media, magazine, digital and outdoor promotional initiatives to enhance local brand awareness, visibility and customer recall of its flagship brand 'Omara' in Chandigarh and select markets.
The company proposes to utilize a portion of the Net Proceeds towards full or partial repayment or prepayment of outstanding borrowings availed from banks and financial institutions, including term loans, business loans and cash credit facilities, to reduce indebtedness and improve the debt-to-equity ratio.
The company proposes to utilize a portion of the Net Proceeds towards meeting its long-term working capital requirements, primarily to support inventory procurement, replenishment of diamonds and precious metals, and operational needs in connection with the proposed expansion of the Jewellery Boutique.
The company proposes to deploy the balance Net Proceeds towards general corporate purposes including acquisition of fixed assets, funding growth opportunities, strategic initiatives, brand building, administration, insurance, marketing, repairs and maintenance, payment of taxes and duties, subject to applicable regulatory limits.
Yearly Financial Results
Balance Sheet
| Balance Sheet | Mar 2024 | Mar 2025 | Mar 2026 |
| Total Assets | 26.44 | 29.46 | 47.25 |
| Current Assets | 25.37 | 27.54 | 45.38 |
| Fixed Assets | 1.07 | 1.92 | 1.87 |
| Total Equity & Liabilities | 26.44 | 29.46 | 47.25 |
| Total Liabilities | 26.01 | 26.30 | 34.72 |
| Current Liabilities | 24.20 | 23.82 | 30.72 |
| Non Current Liabilities | 1.82 | 2.48 | 4.01 |
| Total Equity | 0.43 | 3.16 | 12.52 |
Cash Flow
| Cash Flow | Mar 2024 | Mar 2025 | Mar 2026 |
| Net Cash Flow | 0.50 | -0.20 | 0.00 |
| Investing Activities | 0.00 | -1.07 | -0.28 |
| Operating Activities | -0.10 | -0.84 | -6.70 |
| Financing Activities | 0.60 | 1.70 | 6.98 |
About Omara Ventures
Omara Ventures India Limited is a retail jewellery business incorporated in 2020, engaged in selling diamond jewellery made using natural diamonds, precious and semi-precious gemstones set in gold, platinum, and silver, marketed under the brand 'Omara'. The company operates through a single retail boutique in Chandigarh, offering a curated portfolio...more
Website
Managing DirectorMr. Samarth Jaiswal
we are part of Raise Financial Services
built with love
for indians who love to invest & trade
Market Community
Follow us on
