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  • Tribhovandas Bhimji Zaveri Ltd IPO (Bhimji Zaveri IPO) Detail

    Apr 24, 2012 - Apr 26, 2012        
      
       

    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:

    ParticularsFor the year/period ended (in Rs. Million))
    31-Mar-1131-Mar-1031-Mar-09
    Total Income11,944.578,852.526,688.77
    Profit After Tax (PAT)404.21169.36104.34

    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:

    1. Dilip Davda says 'Subscribe' to Tribhovandas Bhimji Zaveri Ltd IPO
    2. KM Global Finserv Pvt. Ltd. says 'Avoid' to Tribhovandas Bhimji Zaveri Ltd IPO

    Issue Subscription Detail / Current Bidding Status

    Number of Times Issue is Subscribed (BSE + NSE)
    As on Date & TimeQualified 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 

    New Compare Stock Brokers in India

    Comparison Grid  |  ICICIDirect Vs HDFC Securities  |  Zerodha Vs Ventura  |  Sharekhan Vs Angel Broking

             

    Bhimji Zaveri IPO News Alerts

    1. Tuesday, May 08, 2012 12:44:58 PM
      IPO Listing - Tribhovandas Bhimji Zaveri Ltd
    2. Thursday, April 26, 2012 8:24:00 AM
      Final subscription - Tribhovandas Bhimji Zaveri Ltd
    3. 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:Rated 3.3 stars

    Vote Here ...

       IPO Reviews  |  IPO Gradings

    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

    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)

    Bhimji Zaveri IPO Messages (Bhimji Zaveri IPO Comments)

      Post New Message ...  

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

    What is the current position of company.

     

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

    Hehehehehe...... 5%.

     

    36. Roshan Jain  May 06, 2012 5:01:27 PM IST |   Reply  |  I Like It.  Like  |  Report Abuse
    Roshan Jain's - 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  |  I Like It.  Like  |  Report Abuse
    seenuipo's - 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  |  I Like It.  Like  |  Report Abuse
    Roshan Jain's - 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 |  I Like It.  Like  |  Report Abuse
    vsp share's - 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 |  I Like It.  Like  |  Report Abuse
    Ryan's - 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  |  I Like It.  Like  |  Report Abuse
    Priya Jain's - 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  |  I Like It.  Like  |  Report Abuse
    Rahul ahuja's - 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  |  I Like It.  Like  |  Report Abuse
    gundu anna's - 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  |  I Like It.  Like  |  Report Abuse
    GOEL BERIWALA's - 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  |  I Like It.  Like  |  Report Abuse
    Imran Kadiwala's - 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  |  I Like It.  Like  |  Report Abuse
    Ryan's - 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  |  I Like It.  Like  |  Report Abuse
    gundu anna's - 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  |  I Like It.  Like  |  Report Abuse
    Jackpoat's - IPO Comments,  Public Profile

    Looks like super flop issue of 2012...

     

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

    lets see...

     

    25. bangalore king  Apr 24, 2012 7:32:13 PM IST |   Reply  |  I Like It.  Like  |  Report Abuse
    bangalore king's - 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  |  I Like It.  Like  |  Report Abuse
    SOMPRASH's - 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  |  I Like It.  Like  |  Report Abuse
    GOEL BERIWALA's - 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  |  I Like It.  Like  |  Report Abuse
    gundu anna's - 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 |  I Like It.  Like  |  Report Abuse
    Jackpoat's - 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 |  I Like It.  Like  |  Report Abuse
    gundu anna's - 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 |  I Like It.  Like  |  Report Abuse
    Jackpoat's - 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  |  I Like It.  Like  |  Report Abuse
    Greed & Fear's - 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 |  I Like It.  Like  |  Report Abuse
    Jackpoat's - 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 |  I Like It.  Like  |  Report Abuse
    Greed & Fear's - 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 |  I Like It.  Like  |  Report Abuse
    K V Subba Rao's - IPO Comments,  Public Profile

    Congratulations! Your money is SAFE

     

    21.4. Jackpoat  Apr 24, 2012 5:11:49 PM IST |  I Like It.  Like  |  Report Abuse
    Jackpoat's - 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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