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.

Company Promoters:

The promoters of the company are Shrikant Zaveri, Binaisha Zaveri and Raashi Zaveri.

Company Financials:

Particulars	For the year/period ended (in Rs. Million))
	31-Mar-11	31-Mar-10	31-Mar-09
Total Income	11,944.57	8,852.52	6,688.77
Profit After Tax (PAT)	404.21	169.36	104.34

Objects of the Issue:

The objects of Tribhovandas Bhimji Zaveri Ltd IPO are:

1. To finance the establishment of new showrooms;
2. To finance incremental working capital requirements; and
3. General corporate purposes.

Issue Detail:

  »»  Issue Open: Apr 24, 2012 - Apr 26, 2012
  »»  Issue Type: 100% Book Built Issue IPO
  »»  Issue Size: 16,666,667 Equity Shares of Rs. 10
  »»  Issue Size: Rs. 200.00 Crore
  »»  Face Value: Rs. 10 Per Equity Share
  »»  Issue Price: Rs. 120 - Rs. 126 Per Equity Share
  »»  Market Lot: 45 Shares
  »»  Minimum Order Quantity: 45 Shares
  »»  Listing At: BSE, NSE

Tribhovandas Bhimji Zaveri Ltd (TBZ) IPO Grading

CRISIL has assigned an IPO Grade 3 to Tribhovandas Bhimji Zaveri Ltd (TBZ) IPO. This means as per CRISIL, company has 'Average Fundamentals'. CRISIL assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Read Tribhovandas Bhimji Zaveri Ltd (TBZ) IPO Grading Report

Bhimji Zaveri IPO Reviews:

Issue Subscription Detail / Current Bidding Status

	Number of Times Issue is Subscribed (BSE + NSE)
As on Date & Time	Qualified Institutional Buyers (QIBs)	Non Institutional Investors (NIIs)	Retail Individual Investors (RIIs)	Total
Shares Offered / Reserved	5,833,333	2,500,001	5,833,334	14,166,668
Day 1 - Apr 24, 2012 17:00 IST	0.0000	0.2200	0.0500	0.0600
Day 2 - Apr 25, 2012 17:00 IST	0.0000	0.6700	0.1900	0.2000
Day 3 - Apr 26, 2012 18:00 IST	1.2900	1.9100	0.6800	1.1500

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Bhimji Zaveri IPO News Alerts

Tuesday, May 08, 2012 12:44:58 PM
IPO Listing - Tribhovandas Bhimji Zaveri Ltd
Thursday, April 26, 2012 8:24:00 AM
Final subscription - Tribhovandas Bhimji Zaveri Ltd
Tuesday, April 17, 2012 11:43:14 AM
Upcoming IPO - Tribhovandas Bhimji Zaveri Ltd

Bhimji Zaveri IPO Rating

Rating: 3.3

142

3.3

Rating:

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IPO Reviews | IPO Gradings | Recommendations

Bhimji Zaveri IPO Listing Date

Listing Date:	Wednesday, May 09, 2012
BSE Scrip Code:	534369
NSE Symbol:	TBZ
Listing In:	T Group of Securities
Sector:	Gems, Jewellery and Watches
ISIN:	INE760L01018
Issue Price:	Rs. 120.00 Per Equity Share
Face Value:	Rs. 10.00 Per Equity Share

Listing Day Trading Information

	BSE
Issue Price:	Rs. 120.00
Open:	Rs. 115.00
Low:	Rs. 110.00
High:	Rs. 119.80
Last Trade:	Rs. 111.20
Volume:	1,157,892

NSE

Rs. 120.00

Rs. 115.05

Rs. 110.50

Rs. 120.00

Rs. 111.00

1,253,983

Bhimji Zaveri IPO Prospectus

› Draft Prospectus with SEBI

› Red Herring Prospectus

› Download IPO Application Form

Company Contact Information

Registered Office :
    241/43, Zaveri Bazar,
    Mumbai 400 002

Phone: +91 22 3956 5001
Fax: +91 22 3956 5056
Email: investors@tbzoriginal.com
Website: http://www.tbztheoriginal.com

Bhimji Zaveri IPO Registrar

Karvy Computershare Private Limited   »  Report
   Karvy House, 46, Avenue 4, Street No. 1,
   Banjara Hills, Hyderabad - 500 034
   Andhra Pradesh, India

Phone: +91-40-23312454
Fax: +91-40-23311968
Email: tbz.ipo@karvy.com
Website: http://karisma.karvy.com

Bhimji Zaveri IPO Lead Manager(s)

1. Avendus Capital Pvt Ltd » Report

2. IDFC-SSKI Private Limited » Report

Bhimji Zaveri IPO Messages (Bhimji Zaveri IPO Comments)

Post New Message ...

40. preeti sharma May 18, 2012 7:12:52 PM IST | Reply | Like | Report Abuse
preeti sharma's - IPO Recommendations, IPO Comments, Public Profile

What is the current position of company.

39. C.A May 09, 2012 11:44:46 PM IST | Reply | Like | Report Abuse
C.A's - IPO Recommendations, IPO Comments, Public Profile

98% ipo/fpos are trading in huge discount .But all past ipo/fpo was subscribe haveily.

38. gundu anna May 09, 2012 8:24:12 AM IST | Reply | Like | Report Abuse
gundu anna's - IPO Recommendations, IPO Comments, Public Profile

Wishing all tbz investors good luck on listing.....

Discl: i have not invested.

37. ahmedabadking May 08, 2012 12:25:51 PM IST | Reply | Like | Report Abuse
ahmedabadking's - IPO Recommendations, IPO Comments, Public Profile

listing is tommorow 9th may. Expected to be a great listing 5% upper circuit for sure as no one has applied. Another MT education in the making.

37.1. gundu anna May 09, 2012 11:52:48 AM IST | Like | Report Abuse
gundu anna's - IPO Recommendations, IPO Comments, Public Profile

Hehehehehe...... 5%.

36. Roshan Jain May 06, 2012 5:01:27 PM IST | Reply | Like | Report Abuse
Roshan Jain's - IPO Recommendations, IPO Comments, Public Profile

Hello,
Seenuipo's

I Applied through ASBA and i received share in my DMAT Account as on 05th May, 2012

35. seenuipo May 06, 2012 7:31:39 AM IST | Reply | Like | Report Abuse
seenuipo's - IPO Recommendations, IPO Comments, Public Profile

Hello,
Roshan Jain
Have you received information of allotment.if so,whether you applied through ASBA or Non ASBA
Nobody received so far information about this
Have you phoned karvy and got the inforamtion.

34. Roshan Jain May 05, 2012 11:36:10 AM IST | Reply | Like | Report Abuse
Roshan Jain's - IPO Recommendations, IPO Comments, Public Profile

Received Allotment ;;;;;;;

Can anyone tell the expected date of listing ???

34.1. vsp share May 08, 2012 11:31:15 AM IST | Like | Report Abuse
vsp share's - IPO Recommendations, IPO Comments, Public Profile

TBZ-IPO going to be listed on 9th May. sum research report said it is good for long term but i dont hv any idea.

34.2. Ryan May 09, 2012 2:06:35 PM IST | Like | Report Abuse
Ryan's - IPO Recommendations, IPO Comments, Public Profile

See, the fate of this isse.
People get looted themselves and then blame sebi and promoters of the company.

33. Priya Jain Apr 26, 2012 6:34:25 PM IST | Reply | Like | Report Abuse
Priya Jain's - IPO Recommendations, IPO Comments, Public Profile

One more IPO survive with 1.14 times subscription. Looks like no interest from QIB side.

Price should fix at lower level Rs 120.

32. Rahul ahuja Apr 26, 2012 2:38:48 PM IST | Reply | Like | Report Abuse
Rahul ahuja's - IPO Recommendations, IPO Comments, Public Profile

2100 buyer,bt stil little confuse apply or nt,ok let see stil bid can acept til 5pm,

31. gundu anna Apr 26, 2012 11:48:02 AM IST | Reply | Like | Report Abuse
gundu anna's - IPO Recommendations, IPO Comments, Public Profile

Hi All,

I have decided NOT to apply for tbz IPO as I cannot take the risk with this issue.

Whatever the subscription figure, I am not going to apply. Now subscription fig may not be reliable... some related party may apply if any...

This may give some listing gain, but the risk is very high.. So I dont want to go with this...

30. GOEL BERIWALA Apr 26, 2012 11:40:14 AM IST | Reply | Like | Report Abuse
GOEL BERIWALA's - IPO Recommendations, IPO Comments, Public Profile

HAI EVERYBODY,

I AM ALSO IN THE OPINION THAT ONE SHOULD NOT APPLY IN SUCH TYPE OF IPO.

THIS MAY GIVE LISTING GAIN TO RETAILERS. BUT THE RISK OF GOING DOWN IN

THE OPENING DAY IS VERY VERY HIGH. SO, THOSE WHO HAVE HARD EARNED

MONEY SHOULD NOT APPLY.

29. Imran Kadiwala Apr 26, 2012 11:09:59 AM IST | Reply | Like | Report Abuse
Imran Kadiwala's - IPO Recommendations, IPO Comments, Public Profile

another gov. trd amedmends on jewellery stock which makes this IPO again risky one..not to apply is advisable..!!

28. Ryan Apr 26, 2012 10:00:04 AM IST | Reply | Like | Report Abuse
Ryan's - IPO Recommendations, IPO Comments, Public Profile

Completely Avoid.......
Everyday new taxes by govt on gold transactions......no future of this company.....promoter will make profit and it will soon be 20% below its ipo price.

So why to risk your money in such cheap quality stock.

27. gundu anna Apr 25, 2012 8:45:36 PM IST | Reply | Like | Report Abuse
gundu anna's - IPO Recommendations, IPO Comments, Public Profile

Now tbz IPO looks very risky... remember it will list in trade to trade segment. So one has to take delivery on lisitng day. so who will buy this much shares on listing day if no demand exists now?

Let us see what happens tommorrow...

26. Jackpoat Apr 24, 2012 8:55:10 PM IST | Reply | Like | Report Abuse
Jackpoat's - IPO Recommendations, IPO Comments, Public Profile

Looks like super flop issue of 2012...

26.1. santonu Apr 25, 2012 9:53:23 AM IST | Like | Report Abuse
santonu's - IPO Recommendations, IPO Comments, Public Profile

expected to pick up today and issue is likely to be subscribed fully

26.2. Jackpoat Apr 25, 2012 1:40:07 PM IST | Like | Report Abuse
Jackpoat's - IPO Recommendations, IPO Comments, Public Profile

lets see...

25. bangalore king Apr 24, 2012 7:32:13 PM IST | Reply | Like | Report Abuse
bangalore king's - IPO Recommendations, IPO Comments, Public Profile

CM rating 40/100

http://www.capitalmarket.com/if.asp?L=ipo&M=cmedit%2fstory28-106.asp%3fsno%3d548656

24. SOMPRASH Apr 24, 2012 7:22:47 PM IST | Reply | Like | Report Abuse
SOMPRASH's - IPO Recommendations, IPO Comments, Public Profile

On such an auspious day the subscription figures are not so :-

Qib 0.00
Hni 0.22
Retail 0.05

23. GOEL BERIWALA Apr 24, 2012 6:30:50 PM IST | Reply | Like | Report Abuse
GOEL BERIWALA's - IPO Recommendations, IPO Comments, Public Profile

HAI EVERYBODY,

PL TELL ME IF THERE IS ANY GMP OF TBZ ?

22. gundu anna Apr 24, 2012 8:36:03 AM IST | Reply | Like | Report Abuse
gundu anna's - IPO Recommendations, IPO Comments, Public Profile

those who wants to take some risk and punting can apply in this issue. There are anchor investors in this issue... so that much risk is reduced, however anchor investors are through mauritius which means may be promoters themselves making fake investments so that retail will subscribe!!???? They meight have some understanding with promoters too.....

I will decide on last day and then decide to apply or not. For me minimum 5 times each in QIB and retail is a must to apply..

22.1. Jackpoat Apr 24, 2012 2:51:16 PM IST | Like | Report Abuse
Jackpoat's - IPO Recommendations, IPO Comments, Public Profile

but how we know qib before issue close bcoz at last moment rush reverse any guess

22.2. gundu anna Apr 24, 2012 7:35:24 PM IST | Like | Report Abuse
gundu anna's - IPO Recommendations, IPO Comments, Public Profile

Jackpoat,

U can check at 230pm at NSE website. There u can find subscription figure. Still if one issue is missed out... no problem.. rather than loosing money....

Remember our objetive is not to apply for every issue... but to make money in every issue that we apply.

22.3. Jackpoat Apr 25, 2012 1:44:01 PM IST | Like | Report Abuse
Jackpoat's - IPO Recommendations, IPO Comments, Public Profile

thats right. we only want mcx type issue with heavily oversubscribed.but this type of issue not come every month.
i ll apply ipo using online sbi asba which closed at 2.00 pm .before that i hv decide apply or not and if apply then how much.

21. Greed & Fear Apr 22, 2012 9:12:26 PM IST | Reply | Like | Report Abuse
Greed & Fear's - IPO Recommendations, IPO Comments, Public Profile

Hey dude....can someone explain me how can I apply to IPO's, I have never applied one before.....

21.1. Jackpoat Apr 22, 2012 9:28:41 PM IST | Like | Report Abuse
Jackpoat's - IPO Recommendations, IPO Comments, Public Profile

Apply for 1 lot ie if if it is oversubscribed in retail 3 times then 3 apply 3 lot and apply only if qib crosses 3 times

21.2. Greed & Fear Apr 22, 2012 9:47:55 PM IST | Like | Report Abuse
Greed & Fear's - IPO Recommendations, IPO Comments, Public Profile

Thanks Jackpot, but how to apply where to apply.....

21.3. K V Subba Rao Apr 23, 2012 6:08:43 PM IST | Like | Report Abuse
K V Subba Rao's - IPO Recommendations, IPO Comments, Public Profile

Congratulations! Your money is SAFE

21.4. Jackpoat Apr 24, 2012 5:11:49 PM IST | Like | Report Abuse
Jackpoat's - IPO Recommendations, IPO Comments, Public Profile

havu u demat and trading a/c... if yes contact ur broker for apply if no then first open a demat and trading a/c (sharekhan/india infoline/indiabull/icici security ect)

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