Omara Ventures India came to market through an SME IPO that opened on 30 September 2026 and closed on 5 October 2026, and the shares listed on 8 October 2026 on the BSE. The price band was ₹296 to ₹311 per share and one lot was 400 shares, so the minimum application was ₹1,24,400. The issue size was ₹41.99 crore. The whole issue was fresh shares, so the money raised went to the company.
It listed at ₹319, a gain of 2.6% against the issue price of ₹311. Bigshare Services Pvt.Ltd. was the registrar to the issue, and Wealth Mine Networks Ltd was the lead manager.
The issue was subscribed 1.11 times overall.
Omara Ventures India Limited was incorporated in the month of October 2020. Omara Ventures India Limited is a retail jewellery business that deals in selling diamond jewellery that involves usage of natural diamonds and precious and semi-precious gemstones, mounted in precious metals like gold, platinum, and silver. The Company works under the brand name 'Omara' and is mainly focused towards business-to-consumer (B2C) clients through its retail boutique.
The Company provides a selection range of diamond jewellery products in form of necklaces, earrings, rings, bracelets and jewellery products, to suit different customers and age groups and various occasions. The range offered by the Company includes wedding jewellery, special occasion jewellery, festive jewellery and modern day jewellery at various price points. The Company aims to combine tradition with modernity through design-driven collections.
Omara’s product range is driven by a curated product philosophy, which involves selecting the designs in limited quantities. The jewellery provided by the Company comes with relevant quality certifications. This may include hallmarked jewellery for precious metals and diamond grading or certification for diamonds as per standards of recognised Gemological Laboratories like GIA. As on June 30, 2026, the Company had 17 employees across directors, KMP and senior management, accounts,sales and marketing, product and operations, sales and operational support functions.
As described in the offer document.
Samarth Jaiswal, Ishani Mehta Jaiswal. Promoter holding 99.99% before the issue and 69.03% after.
Work out the listing gain for this SME IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
₹296 to ₹311 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 400 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,24,400. After listing, SME shares also trade in lots rather than one share at a time.
₹1,24,400, for one lot of 400 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 30 September 2026 and closed on 5 October 2026.
The basis of allotment was published on 6 October 2026 by Bigshare Services Pvt.Ltd., and allotted shares were credited to demat accounts before listing.
The shares listed on 8 October 2026 on the BSE, opening at ₹319.
The issue size was ₹41.99 crore. The fresh issue was 13,50,000 shares (aggregating up to ₹41.99 crore).
It listed at ₹319 against an issue price of ₹311, a gain of 2.6 percent on listing day.