 Issue Terms | 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
|
| Issue price / Floor Price (Rs) | 120-126 |
| Application per share (Rs) | 120 |
| Minimum investment amount (Rs) | 5,400.00 |
| Minimum bid (no of shares) | 45 shares and in multiples of 45 thereafter |
| Maximum Shares for Retail | 1665-1575 |
Issue Date and Size |
|
| Issue opens | 24-Apr-12 |
| Issue closes | 26-Apr-12 |
| Listing on | BSE,NSE |
| Issue size (Rs cr) | 200-210 |
| Mkt cap at issue price (Rs cr) | 800-840 |
|
Shares
on Offer
|
Lakhs |
| Total shares offered | 166.67 |
| Of above, offered to public | 166.67 |
| Post-issue shares | 666.67 |
| Post-issue promoters' holding(%) | 73.95 |
| Company Financials (Rs cr) | 31/12/2011 |
| No of months | 9 |
| Turnover | 1,117.78 |
| Net profit / (loss) | 50.31 |
| Borrowings | 3.26 |
Lead Managers & Registrar |
|
| Lead Manager(1) | IDFC Capital Limited |
| tbz.ipo@idfc.com | |
| Lead Manager(2) | Avendus Capital Private Limited |
| tbz.ipo@avendus.com | |
| Registrar | Karvy Computershare Private Limited |
| tbz.ipo@karvy.com | |
Company Contact Details |
|
| Company's address | 241/43, Zaveri Bazaar, Mumbai |
| Pincode | 400 002 |
| Tel No. | 91 22 3956 5001 |
| Fax No. | 91 22 3073 5088 |
| Website | http://www.tbztheoriginal.com |
Subscription Details |
No of times |
| Qualified Institutional Investor | - |
| Non Institutional Investor | - |
| Retail Investor | - |
| Employee | - |
| Total | - |
Description |
|
| TBZ is a jewellery retailer in India with 14 showrooms in nine cities across five states; It primarily sells gold jewellery and diamond-studded jewellery | |
|
Objects
of Issue
|
|
| To finance the establishment of new showrooms (plans to open new 44 showrooms (26 large format high street showrooms and 18 small format high street showrooms) by end of fiscal 2014; | |
| To finance incremental working capital requirements | |
April 22, 2012
Tribhovandas Bhimji Zaveri - IPO
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