IPO IPO-Synopsis
Omara Ventures India Ltd

Back

Registered Office: SCO 162 & 163 Sector 9-C,Madhya Marg Sector 9 , Chandigarh - 160009 , Chandigarh , India.
Phone : +91 172 4106 777   Fax:
Email :  info@omara.in  
Website :  www.omara.in
Initial public issue of 13,50,000 equity shares of face value of Rs10/- each ("Equity Shares") of Omara Ventures India Ltd ("Omara" or "The Company" or "The Issuer") for cash at a price Rs311 per equity share (Including a share premium of Rs301 per equity share) ("The Issue Price") aggregating Rs41.99 Crores, of which 68,000 equity shares of face value of Rs10/- each for cash at a price of Rs311 per equity shares including a share premium of Rs301 per equity share aggregating Rs2.11 Crores will be reserved for subscription by market maker to the issue (" Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. Net issue of 12,82,000 equity shares of face value of Rs10/- each at an issue price of Rs311 per equity share including a share premium of up to Rs301 aggregating to Rs39.87 Crores (is hereinafter referred to as the "Net Issue"). The issue and the net issue will constitute up to 30.96% and 29.40%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs10/- each. Price Band: Rs311.00 per equity share of face value of Rs10.00 each. The floor price is 31.1 times the face value of the equity shares. Bids can made for a minimum of 2 lots of 400 equity shares and in multiples of 400 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
30-Sep-26 05-Oct-26 Rs311.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :800  Further Multiples of :400

  Rs Cr Lead Managers to the Issue
Project Cost 37.84
Wealth Mine Networks Ltd
Project Financed through Current Offer 41.99  
Post Issue Equity Share Capital 4.36  
Issue Price Rs311.00  
Projects
Funding capital expenditure requirements towards Renovation and Expansion of the Jewellery BoutiqueFunding the long-term working capital requirements of the Company.
Marketing & promotional expenses aimed at enhancing local brand awareness & visibility of the flagship brand, "OMARA".General Corporate Purpose.
Funding towards repayment or prepayment, in full or in part, of borrowings availed by the Company from bank & financial institutions.
Promoted By
Samarth Jaiswal
Ishani Mehta Jaiswal
Sunil Jaiswal
Listing At
BSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd