# Omara Ventures India Limited: IPO analysis > Omara Ventures India Limited (CIN U46498CH2020PLC046674) has filed a Red Herring Prospectus with SEBI for an IPO comprising a fresh issue of 13,50,000 shares, priced at ₹296.00 to ₹311.00 per share. In FY26 it reported revenue of ₹46 Cr (+95.0% on FY25). Promoters hold 99.1% before the IPO. Our fact-check of its claims found no medium or high concerns across 29 claims checked. - Page: https://ipo.innerkore.com/company/U46498CH2020PLC046674/omara-ventures-india-limited/ - CIN: U46498CH2020PLC046674 - Last updated: 5 Oct 2026 ## Key facts - **Company:** Omara Ventures India Limited - **CIN:** U46498CH2020PLC046674 - **Filing stage:** RHP - **Latest SEBI filing:** 5 Oct 2026 - **Price band:** ₹296.00 to ₹311.00 per share - **Bidding opens:** 30 Sep 2026 - **Bidding closes:** 5 Oct 2026 - **Listing on:** BSE - **Revenue FY26:** ₹46 Cr - **Revenue growth:** +95.0% - **Revenue CAGR FY24 to FY26:** 924.9% - **Promoter holding (pre-IPO):** 99.1% - **Registrar:** BIGSHARE SERVICES PRIVATE LIMITED - **Fact-check flags:** 0 high, 0 medium, 2 low ## Key signals (read from the filing; not investment advice) - **Valuation** (look closer): No P/E. Net profit for FY26 couldn't be read from the filing. Price / sales is 3x at the top of the band. - **Growth** (looks fine): 924.9% a year. Sales FY24 to FY26; latest year +95%. - **Debt** (concern): 1.79x equity. ₹22.4 crore borrowed at the end of FY26. - **Where the money goes** (looks fine): All new money. 100% is new shares issued by the company. 82% of the new money repays debt. (converted using BSE's price band) - **Red flags** (looks fine): None serious. 29 claims checked: 0 high, 0 medium concern. ## Financial snapshot (₹ crore unless stated; consolidated) | | FY24 | FY24 | FY25 | FY25 | FY26 | FY26 | |---|---:|---:|---:|---:|---:|---:| | Sales | 23 | 1,266 | 24 | 1,770 | 46 | 2,436 | | Sales growth | – | – | 1.4% | 7,531.4% | 95.0% | 10,256.9% | | Net worth | 0.43 | 0.43 | 3.2 | 3.2 | 13 | 13 | | Borrowings | 11 | 11 | 14 | 14 | 22 | 22 | ## Use of proceeds (fresh issue) - Funding capital expenditure requirements towards Renovation and Expansion of the Jewellery Boutique: ₹2.0 crore - Marketing and promotional expenses aimed at enhancing local brand awareness and visibility of our flagship brand, “OMARA”;: ₹2.0 crore - Funding towards repayment or prepayment, in full or in part, of borrowings availed by our Company from bank and financial institutions;: ₹18 crore - General Corporate Purpose*: amount not fixed yet ## Fact-checked claims - **LOW** (SubsidiaryPerformance): The name of the company was changed from “Omara Ventures India Private Limited” to “Omara Ventures India Limited” due to the conversion.. Search results indicate that the company was originally incorporated under the name "Omara Ventures India Private Limited" and is now referred to as "Omara Ventures India Limited." This corroborates the claim that a name change occurred due to a conversion. - **LOW** (PromoterBackground): The entire Promoter’s shares shall be subject to lock-in from the date of allotment of the equity shares issued through the Red Herring Prospectus for periods as per applicable Regulations of the SEBI (ICDR) Regulations.. The search results confirm the existence of an IPO for Omara Ventures India Ltd. and mention SEBI's involvement in the subscription process, which is relevant to the claim about lock-in periods. However, the results do not explicitly detail the specific lock-in periods mentioned in the claim. - **NONE** (SubsidiaryPerformance): The total number of holders of Equity Shares is 7 as of the date of the Red Herring Prospectus.. The provided search results do not contain any information regarding the total number of holders of Equity Shares as stated in the DRHP claim. Therefore, the search results do not corroborate, contradict, or provide any new information on this specific point. - **NONE** (SubsidiaryPerformance): The company's CIN was changed to U46498CH2020PLC046674 following the conversion.. The provided search results do not contain any information regarding a change in the company's CIN to U46498CH2020PLC046674. The search results focus on stock prices, IPO filings, and general company information. - **NONE** (PromoterBackground): Remuneration paid to Executive Directors for fiscal 2026 is disclosed.. The search results do not contain information confirming or denying the disclosure of remuneration paid to Executive Directors for fiscal 2026 in the DRHP. The results primarily relate to the IPO status and market news for Omara Ventures India Ltd. - **NONE** (PromoterBackground): Mr. Samarth Jaiswal is the Managing Director and has been associated with the Company since its incorporation, appointed as MD effective April 01, 2025.. The provided search results do not contain information that directly corroborates or contradicts the claim regarding Mr. Samarth Jaiswal being the Managing Director or the specific appointment date of April 01, 2025. The results primarily relate to IPOs and general market news. - **NONE** (SubsidiaryPerformance): The company was converted into a public limited company on February 26, 2026.. The search results mention that Omara Ventures India Limited filed its Red Herring Prospectus (RHP) ahead of an IPO launch on September 30, 2026, but none of the provided snippets mention the conversion of the company into a public limited company on February 26, 2026. - **NONE** (SubsidiaryPerformance): The registered office of the company was shifted from the State of Haryana to the Union Territory of Chandigarh on December 23, 2025.. The provided search results do not contain any information regarding a shift in the registered office of Omara Ventures India Limited from Haryana to Chandigarh on December 23, 2025. Therefore, the claim cannot be corroborated or contradicted by the available search snippets. - **NONE** (SubsidiaryPerformance): The company was originally incorporated as a private limited company on October 16, 2020.. The provided search results do not contain information that directly corroborates or contradicts the claim regarding the original incorporation date of Omara Ventures India Limited. The search results primarily focus on the company's IPO filing and stock market information. - **NONE** (SubsidiaryPerformance): India's cumulative FDI inflow stood at US$ 1.14 trillion between April 2000-December 2025, with the major share of equity inflow coming from Singapore.. The search results do not contain any information regarding India's cumulative FDI inflow or the share of equity inflow from Singapore mentioned in the claim. The results primarily focus on the company's IPO filing and stock information. - **NONE** (SubsidiaryPerformance): India's Real GDP is estimated to reach Rs. 3,22,58,000 crore in FY 2025–26, rising from Rs. 2,99,89,000 crore in FY 2024–25, reflecting a robust growth of 7.6%.. The provided search results do not contain any information regarding India's Real GDP figures for FY 2025-26 or any comparison to the previous year's GDP, so they do not corroborate or contradict the claim. - **NONE** (SubsidiaryPerformance): Goods trade is projected to decelerate from 4.8 percent in 2025 to 2.9 percent in 2026, reflecting a reversal of earlier front-loading activity in anticipation of higher trade barriers.. The search results confirm that Omara Ventures India Limited filed its Red Herring Prospectus (RHP) in anticipation of an IPO launch on September 30, 2026. However, none of the provided search snippets contain information regarding the projected deceleration of goods trade from 4.8% to 2.9% between 2025 and 2026. ## Common questions ### How big is the Omara Ventures India Limited IPO? Omara Ventures India Limited's IPO comprises a fresh issue of 13,50,000 shares, according to its Red Herring Prospectus. The price band is ₹296.00 to ₹311.00 per share. ### What are Omara Ventures India Limited's revenue and profit? Omara Ventures India Limited reported revenue from operations of ₹46 Cr in FY26, +95.0% versus FY25. Revenue grew at a compound rate of 924.9% a year from FY24 to FY26. Figures are read from the RHP, as printed there. ### How much do promoters own in Omara Ventures India Limited? Promoters hold 99.1% of Omara Ventures India Limited before the IPO. ### How will Omara Ventures India Limited use the IPO money? The fresh-issue proceeds are earmarked for: Funding capital expenditure requirements towards Renovation and Expansion of the Jewellery Boutique (₹2.0 Cr); Marketing and promotional expenses aimed at enhancing local brand awareness and visibility of our flagship brand, “OMARA”; (₹2.0 Cr); Funding towards repayment or prepayment, in full or in part, of borrowings availed by our Company from bank and financial institutions; (₹18 Cr); General Corporate Purpose (amount not fixed yet). ### What are the red flags in Omara Ventures India Limited's RHP? We fact-checked 29 claims from the filing against the open web: 0 raised a high concern, 0 medium and 2 low. This is an automated screen, not a verdict; each finding links to its sources. ### What does Omara Ventures India Limited do? Here’s a detail almost nobody notices about the OMARA VENTURES INDIA IPO: the company’s legal name actually changed. It went from 'Omara Ventures India Private Limited' to 'Omara Ventures India Limited,' which tells you something specific about how the entity was restructured. ### Who manages the Omara Ventures India Limited IPO? Registrar to the offer: BIGSHARE SERVICES PRIVATE LIMITED. Shares are proposed to list on BSE. ### Where can I read the original Omara Ventures India Limited IPO documents? All 1 filing for Omara Ventures India Limited (RHP) are listed on this page with links to the original PDFs on SEBI's website. Every page reference cites the exact page of the source document. ## Source documents - [Omara Ventures India Limited](https://www.bseindia.com/downloads/ipo/RHP&GID_280920261532.zip) (Red Herring Prospectus, filed 5 Oct 2026) --- Source: InnerKore IPO (https://ipo.innerkore.com/). Read from public SEBI filings by automated extraction; check the linked documents. Not investment advice.