BSE SME Omara Ventures India makes a measured debut
Mumbai, Oct. 8 -- The scrip was listed at Rs 319, a premium of 2.57% to the IPO price. The counter hit a high of Rs 334 and a low of Rs 319. About 41,000 shares changed hands on the BSE.
Omara Ventures India's IPO was subscribed 1.06 times. The IPO had opened for subscription on 30 September 2026 and closed on 5 October 2026. The issue price was fixed at Rs 296 to Rs 311 per share.
The fixed-price issue comprised a fresh issue of 13.50 lakh shares aggregating Rs 41.99 crore. There was no offer-for-sale (OFS) component.
The company proposes to utilise Rs 2 crore towards renovation and expansion of its jewellery boutique, Rs 2 crore towards marketing and promotional expenses, Rs 18 crore towards repayment or prepayment of borrowings, and...
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