Omara Ventures India IPO is an SME IPO raising ₹42 Cr at ₹296 – ₹311 a share. It listed on 8 Oct 2026 at ₹319, +2.6% against its issue price of ₹311, and trades at ₹312 today (+0.2% since issue). It was subscribed 1.06× in total.
Just covered — bids slightly exceed the shares on offer
populated partly populated we hold nothing here — the tab says why
What the fresh money funds
The stated uses of the net proceeds, from the prospectus’s Objects of the Issue table. Only the fresh issue funds these — the offer-for-sale money goes to the selling shareholders above.
Funding towards repayment or prepayment, in full or in part, of borrowings availed by our Company from bank and financial institutions₹18 Cr
Funding the long-term working capital requirements of our Company₹10 Cr
Funding capital expenditure requirements towards Renovation and Expansion of the Jewellery Boutique₹2 Cr
Marketing and promotional expenses aimed at enhancing local brand awareness and visibility of our flagship brand, "OMARA"₹2 Cr
General Corporate Purpose—
As stated in the prospectus. “General corporate purposes” is the part with no committed use; SEBI caps it at 25% of the issue.
Terms of the issue
The mechanics of what is being sold. Held for every issue we track.
Price band₹296 – ₹311
Cut-off price₹311
Issue size₹42 Cr
Shares per lot400
Minimum application₹1,24,400
Minimum quantity800
Face value₹10
Listing exchangesBSE
ISININE1IA801011
Bidding hours10:00 – 17:00 IST
Bidding window30 Sept 2026 – 5 Oct 2026
SME
What being an SME issue means here. SME issues list on NSE Emerge or BSE SME. They disclose less than mainboard issues, trade far more thinly, and — by regulation — the minimum application is a full lot worth roughly ₹1–1.5 lakh rather than about ₹15,000. That is why the minimum above is so much larger than for a mainboard issue.
Not here yet
The anchor-investor allocation — which institutions were allotted shares before bidding opened — is still to be read out of its document.
