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OMARA Jewels IPO: Sparkle in Capital Markets!
23 Sep
Summary
- OMARA's IPO opens September 30, 2026, on BSE SME platform.
- The issue price band is ₹296 to ₹311 per equity share.
- Company shows strong financial growth with rising profits.
Omara Ventures India Limited, the company behind the designer jewellery brand OMARA, is preparing for its Initial Public Offering (IPO) on the BSE SME platform. The RHP, filed on September 22, 2026, indicates the IPO will open on September 30, 2026, and close on October 5, 2026.
The issue involves up to 13,50,000 equity shares, with a price band set between ₹296 and ₹311 per share. At the upper end, the total issue size is approximately ₹41.99 crore. The company's recent financial performance has been robust, with EBITDA rising to ₹14.42 crore and profit after tax reaching approximately ₹9.36 crore for the period ending FY26.
Based in Chandigarh, OMARA specializes in contemporary jewellery designs, including rings, earrings, and necklaces, catering to bridal and luxury markets. The company plans to utilize the capital raised to enhance brand visibility, acquire new customers, and expand its business operations. This move aims to build on OMARA's growing presence in India's premium jewellery sector.
