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Omara Ventures India Ltd.

SMEBSE
unknown

TBA

TBA

1 Shares

TBA

₹10

Financial Summary

Standalone(in ₹ million)
ParticularsFY 2024-25FY 2023-24
2,35,247.092,31,936.2
1.429.91
2,35,248.512,31,946.11
1,86,183.492,11,684.43
36,729.584,212.53
27,466.883,111.43

Subscription Details

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IPO Timeline

IPO Offer Start

TBA

IPO Offer Ends

TBA

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Use of Proceeds

#PurposeAmount (₹ Million)
1Funding capital expenditure requirements towards 20
2Marketing and promotional expenses aimed at enhancing 20
3Funding towards repayment or prepayment, in full or in 180
4Funding the long-term working capital requirements of 100

Promoters

Samarth JaiswalIshani Mehta Jaiswal

Book Running Lead Managers

Wealth Mine Networks Pvt Ltd.

Promoter Shareholding

Pre-IPO

99.99%

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.

Omara Ventures India Ltd. Latest News

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