# 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 earlier look-up of its claims found no medium or high concerns across 16 claims looked up. - Page: https://ipo.innerkore.com/in/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 - **Earlier look-up flags:** 0 high, 0 medium, 1 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. 16 claims looked up earlier: 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 ## Claims looked up earlier - **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. - **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** (PromoterBackground): Mr. Dhirendra Baloni is the Chief Financial Officer and has been associated with the Company as CFO with effect from January 1, 2026.. The provided search results do not contain information confirming or denying the claim that Mr. Dhirendra Baloni is the CFO and has been associated with the company as CFO starting January 1, 2026. The search results primarily relate to IPOs and market news involving Omara Ventures India. - **NONE** (SubsidiaryPerformance): The company has no subsidiary company as of the date of the Red Herring Prospectus.. The provided search results do not contain explicit information confirming or denying the existence of subsidiary companies for Omara Ventures India Limited as of the Red Herring Prospectus date. Therefore, the claim cannot be verified or contradicted by the current search snippets. - **NONE** (PromoterBackground): The Shareholders and Investors Grievance Committee was re-constituted by the Board pursuant to section 178 (5) of the Companies Act, 2013.. The search results mention Omara Ventures India's IPO and related news, but none directly confirm or deny the specific statement about the re-constitution of the Shareholders and Investors Grievance Committee by the Board under section 178(5) of the Companies Act, 2013. - **NONE** (SubsidiaryPerformance): The company has not entered into any material agreements other than those in the ordinary course of business.. The search results confirm that Omara Ventures India has filed its Red Herring Prospectus (RHP) for an IPO, which is a book build issue of ₹41.99 crores. However, the search results do not provide specific details regarding whether the company has entered into any material agreements outside the ordinary course of business. ## 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? Earlier, we looked up 16 claims from the filing on the open web (we no longer do this, since SEBI reviews the filing): 0 raised a high concern, 0 medium and 1 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.