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:

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.

Bhimji Zaveri IPO Details

IPO Opening Date	Apr 24, 2012
IPO Closing Date	Apr 26, 2012
Issue Type	Book Built Issue IPO
Face Value	₹10 per equity share
IPO Price	₹120 to ₹126 per equity share
Market Lot	45 Shares
Min Order Quantity	45 Shares
Listing At	BSE, NSE
Issue Size	16,666,667 Eq Shares of ₹10 (aggregating up to ₹200.00 Cr)

Bhimji Zaveri IPO Lot Size

The Bhimji Zaveri IPO market lot size is 45 shares. A retail-individual investor can apply for up to 35 lots (1575 shares or ₹198,450).

Application	Lots	Shares	Amount (Cut-off)
Minimum	1	45	₹5,670
Maximum	35	1575	₹198,450

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 Subscription Status (Bidding Detail)

The Bhimji Zaveri IPO is subscribed 1.15x times on Apr 26, 2012 18:00. The public issue subscribed 0.68x in the retail category, 1.29x in the QIB category, and 1.91x in the NII category. Check Day by Day Subscription Details (Live Status)

Category	IPO Subscription
QIB	1.29x
NII	1.91x
RII	0.68x
Total	1.15x

Bhimji Zaveri IPO Prospectus

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Bhimji Zaveri IPO Rating

142

3.3

Rating:

Vote Here ...

Bhimji Zaveri IPO Listing Date

Listing Date	Wednesday, May 9, 2012
BSE Script Code	534369
NSE Symbol	TBZ
Listing In	T
ISIN	INE760L01018
IPO Price	₹120 per equity share
Face Value	₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume

BSE
₹120.00
₹115.00
₹110.00
₹119.80
₹111.20
1,157,892

NSE
₹120.00
₹115.05
₹110.50
₹120.00
₹111.00
1,253,983

Bhimji Zaveri IPO Reviews / Ratings

Company Contact Information

Tribhovandas Bhimji Zaveri Ltd
241/43, Zaveri Bazar,
Mumbai 400 002

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

Bhimji Zaveri IPO Registrar

KFintech Private Limited
   Selenium Building, Tower-B, Plot No 31 & 32,
   Financial District,Nanakramguda, Serilingampally,
   Rangareddi, Telangana India - 500 032.

Phone: 1-800-3454001
Email: tbz.ipo@karvy.com
Website: https://karisma.kfintech.com/

Bhimji Zaveri IPO Lead Manager(s)

Lead Manager Reports

Bhimji Zaveri IPO FAQs

What is Bhimji Zaveri IPO?

Bhimji Zaveri IPO is a main-board IPO of 16,666,667 equity shares of the face value of ₹10 aggregating up to ₹200.00 Crores. The issue is priced at ₹120 to ₹126 per equity share. The minimum order quantity is 45 Shares.

The IPO opens on Apr 24, 2012, and closes on Apr 26, 2012.

KFintech Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
When Bhimji Zaveri IPO will open?

The Bhimji Zaveri IPO opens on Apr 24, 2012 and closes on Apr 26, 2012.
What is the lot size of Bhimji Zaveri IPO?

Bhimji Zaveri IPO lot size is 45 Shares and the minimum order quantity is 45 Shares.
How to apply for Bhimji Zaveri IPO?

You can apply in Bhimji Zaveri IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
When Bhimji Zaveri IPO allotment?

The finalization of Basis of Allotment for Bhimji Zaveri IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Bhimji Zaveri IPO allotment status.
When is Bhimji Zaveri IPO listing date?

The Bhimji Zaveri IPO listing date is on Wednesday, May 9, 2012.

Bhimji Zaveri IPO Message Board

Ranked Members

39. preeti sharma |May 18, 2012 19:12

What is the current position of company.

38. C.A |May 9, 2012 23:44

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

37. gundu anna |May 9, 2012 08:24

IPO Mentor (500+ Posts, 100+ Likes)

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

Discl: i have not invested.

36. ahmedabadking |May 8, 2012 12:25

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.

36.1. gundu anna |May 9, 2012 11:52

IPO Mentor (500+ Posts, 100+ Likes)

Hehehehehe...... 5%.

35. Roshan Jain |May 6, 2012 17:01

Hello,
Seenuipo's

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

34. seenuipo |May 6, 2012 07:31

Top Contributor (200+ Posts)

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.

33. Roshan Jain |May 5, 2012 11:36

Received Allotment ;;;;;;;

Can anyone tell the expected date of listing ???

33.1. vsp share |May 8, 2012 11:31

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.

33.2. Ryan |May 9, 2012 14:06

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

32. Priya Jain |Apr 26, 2012 18:34

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

Price should fix at lower level Rs 120.

31. Rahul ahuja |Apr 26, 2012 14:38

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

30. gundu anna |Apr 26, 2012 11:48

IPO Mentor (500+ Posts, 100+ Likes)

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...

29. GOEL BERIWALA |Apr 26, 2012 11:40

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.

28. Imran Kadiwala |Apr 26, 2012 11:09

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

27. Ryan |Apr 26, 2012 10:00

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.

26. gundu anna |Apr 25, 2012 20:45

IPO Mentor (500+ Posts, 100+ Likes)

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...

25. Jackpoat |Apr 24, 2012 20:55

Top Contributor (200+ Posts)

Looks like super flop issue of 2012...

25.1. santonu |Apr 25, 2012 09:53

Top Contributor (200+ Posts)

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

25.2. Jackpoat |Apr 25, 2012 13:40

Top Contributor (200+ Posts)

lets see...

24. bangalore king |Apr 24, 2012 19:32

Top Contributor (400+ Posts)

CM rating 40/100

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

23. SOMPRASH |Apr 24, 2012 19:22

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

Qib 0.00
Hni 0.22
Retail 0.05

22. GOEL BERIWALA |Apr 24, 2012 18:30

HAI EVERYBODY,

PL TELL ME IF THERE IS ANY GMP OF TBZ ?

21. gundu anna |Apr 24, 2012 08:36

IPO Mentor (500+ Posts, 100+ Likes)

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..

Load more comments (1 replies)

21.2. gundu anna |Apr 24, 2012 19:35

IPO Mentor (500+ Posts, 100+ Likes)

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.

21.3. Jackpoat |Apr 25, 2012 13:44

Top Contributor (200+ Posts)

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.

20. Greed & Fear |Apr 22, 2012 21:12

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

Load more comments (2 replies)

20.3. K V Subba Rao |Apr 23, 2012 18:08

Congratulations! Your money is SAFE

20.4. Jackpoat |Apr 24, 2012 17:11

Top Contributor (200+ Posts)

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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