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Total Issue Size
Fresh Issue + Offer For Sale
Fresh Issue (FI)
Proceeds go to the company
Offer For Sale (OFS)
Proceeds go to the existing investors
Debt Prepayment and Repayment
Settling outstanding term loans and working capital credit facilities from banking partners.
Working Capital Requirements
Financing inventory holdings and operational requirements for retail store expansion.
General Corporate Purpose
Allocating funds for general corporate operational requirements and issue expenses.
Showroom Renovation and Expansion
Upgrading store infrastructure and layout design for the Chandigarh retail boutique.
Brand Marketing and Promotions
Conducting regional promotional campaigns and marketing activities to broaden customer reach.
(₹ in Crore)
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Incorporated in October 2020, Omara Ventures India Limited operates as a specialized retail jewellery enterprise headquartered in Chandigarh, managing its operations under the commercial brand name OMARA. The company is engaged in designing, curating, and marketing natural diamond jewellery pieces along with an array of handcrafted articles in gold, platinum, and silver. Its product offerings encompass bespoke rings, ornate earrings, elaborate bridal necklaces, statement pendants, and everyday wear bracelets tailored to diverse consumer tastes. The firm functions through a design-centric business structure where conceptual design creation and product development are directed in-house, whereas manufacturing and stone setting processes are executed by independent specialized artisan vendors. Omara Ventures primarily caters to retail customers via its flagship showroom located in Sector 9-C, Chandigarh. Originally established as a private enterprise, the entity transitioned into a public limited enterprise in February 2026 ahead of its capital market listing. To support its long-term brand trajectory, the company plans to utilize its public issue proceeds toward the physical upgrade and restructuring of its Chandigarh store, regional marketing campaigns, working capital enhancement, and partial debt settlement to optimize its balance sheet structure.
Prior to the public issue opening, the company allocated 384,600 equity shares to anchor investors at a fixed price of 311 rupees per share, securing approximately 11.96 crore rupees in anchor capital.
Source: RHP • Analysis provided for informational purposes
Last Updated: 5 October 2026, 4:25 PM
In House Design and Asset Light Operations
Focuses on internal jewellery designing and curation while outsourcing manufacturing activities to expert external fabricators.
Substantial Financial Acceleration
Demonstrated strong top-line and profit expansion with fiscal 2026 revenue reaching 45.87 crore rupees and PAT expanding to 9.37 crore rupees.
Established Retail Flagship Presence
Operates a prominent retail store in Chandigarh serving luxury consumer demand for natural diamond, gold, platinum, and silver jewellery.
Single Showroom Geographic Risk
Business operations depend heavily on a single boutique in Chandigarh, exposing revenue to regional economic fluctuations.
Reliance on External Manufacturers
Outsources all fabrication processes to third party vendors, creating dependence on external supply chains and vendor quality control.
High Working Capital and Inventory Exposure
Requires continuous inventory holding of high value precious metals and gemstones, exposing margins to market price volatility.
Omara Ventures India Limited
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