Omara Ventures India Ltd.
SMEPrice Range
TBA
Issue Size
TBA
Lot Size
1 Shares
Min. Investment
TBA
Financial Summary
(in crores)| Particulars | FY 2024-25 |
|---|---|
| Operating Revenue | 2,35,247.09 |
| Other Income | 1.42 |
| Total Income | 2,35,248.51 |
| Total Expenses | 1,86,183.49 |
| Profit Before Tax | 36,729.58 |
| Total Profit | 27,466.88 |
Subscription Details
Use of Proceeds
| # | Purpose | Amount (₹ Cr) |
|---|---|---|
| 1 | Funding the long-term working capital requirements of | 100 |
Promoters
Promoter Shareholding
Pre-IPO
99.99%
Promoter stake
Post-IPO
N/A
Promoter stake
Offered to Public
16,25,000
shares
About the Company
We are a retail jewellery business engaged in selling a range of diamond jewellery made using natural diamonds and precious and semi-precious gemstones, set in precious metals such as gold, Platinum and silver. Our jewellery is marketed and sold under our brand name “Omara” and is primarily offered through our retail boutique. Our product portfolio comprises a range of diamond jewellery products, including necklaces, earrings, rings, bracelets and other jewellery products, catering to varied customer preferences, age groups and occasions. Our offerings include wedding jewellery, special occasion jewellery, festive jewellery and contemporary daily-wear jewellery, designed across various price points to suit different customer requirements. Through our product offerings, we aim to combine traditional elegance with modern aesthetics, offering jewellery that reflects craftsmanship, exclusivity and contemporary design preferences.
Use of Proceeds
1. Funding capital expenditure requirements towards Renovation and Expansion of the Jewellery Boutique; 2. Marketing and promotional expenses aimed at enhancing local brand awareness and visibility of our flagship brand, “OMARA”; 3. Funding towards repayment or prepayment, in full or in part, of borrowings availed by our Company from bank and financial institutions; 4. Funding the long-term working capital requirements of our Company; 5. General Corporate Purposes.