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Tribhovandas Bhimji Zaveri IPO IPO

Mainline24 Apr 201226 Apr 2012
Open
24 Apr 2012
Close
26 Apr 2012
3
Allotment
Listing
Wed, May 9, 2012
Price Band
₹120 to ₹126
Issue Size
1,66,66,667 shares (agg. up to ₹200 Cr)
Lot Size
45 Shares
Listing Date
Wed, May 9, 2012
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CategorySubscription (times)
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Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1To finance the establishment of new showrooms19.19
2To meet incremental working capital requirements160.45
3General corporate purposes4.49

About Tribhovandas Bhimji Zaveri IPO

Incorporated in 1949, Tribhovandas Bhimji Zaveri Ltd. is India top jewellery retailer. Company sells gold jewellery, diamond-studded jewellery, platinum jewellery and jadau jewellery though 14 showrooms in 10 cities across five states.Company's most popular and oldest showroom is located at Zaveri Bazar, Mumbai. This was established in 1864. Along with in-house design jewellery, Bhimji Zaveri also offers jewellery from various parts of the world such as Italy, Turkey and Thailand. It was awarded the 'Readers Digest Trusted Brand Asia' in the category of 'Jewellery Shop' in 2006, 2007 and 2008.As at March 31, 2012, it had 1,192 employees. In Fiscal 2011, its revenue from operations was 11,939.31 million on a consolidated basis, of which 72.51% was from the sale of gold jewellery, 22.08% was from the sale of diamond-studded jewellery and 5.41% was from sale of other products.Company has plans to open 43 more showrooms by the end of Fiscal 2015 in 43 cities across 14 states.+ Read More

Contact Details

Tribhovandas Bhimji Zaveri Ltd. Address241/43, Zaveri BazarMumbai, Maharashtra, 400002+91 22 3956 5001investors@tbzoriginal.comVisit Website