Tribhovandas Bhimji Zaveri Ipo

Tribhovandas bhimji zaveri ipo

SuccessorGopaldas Tribhovandas Zaveri
Founded1864
FounderTribhovandas Bhimji Zaveri
Headquarters

Zaveri Bazaar, Mumbai

,

India

Number of locations

37 (Dhanbad, Bhopal, Jamnagar, Raipur, Ahmedabad, Bhavnagar, Rajkot, Gandhidham, Surat, Vadodara, Vapi, Jamshedpur, Kochi, Indore, Aurangabad, Mumbai, Nagpur, Pune, Thane, Vasai, Vashi, Udaipur, Vijaywada, Hyderabad, Jamshedpur, Kolkata[1])

Key people

Shrikant Zaveri, Chairman & Managing Director
Productsjewellery
Revenue₹8.8 billion (US$100 million) (2010)[1]
Websitetbztheoriginal.com

Tribhovandas Bhimji Zaveri Ltd. (TBZ) is a noted Indianjeweller and jewellery retail chain based in India.[2] Established in 1864 (153 years ago) by Tribhovandas Bhimji Zaveri in Zaveri Bazaar, the jewellery district of Mumbai, it was subsequently headed by his son, Gopaldas Tribhovandas Zaveri, and now Shrikant Zaveri, is the present chairman and managing director of the group.

Tribhovandas bhimji zaveri ipo

The company today, has 37 showrooms in 23 cities across eleven states, including Mumbai, Surat, Kochi, Bhopal, Hyderabad, Kolkata, and Rajkot[3][4] The company proposed an Initial Public Offer (IPO) in July 2011.[5]

Overview[edit]

The company has 37 showrooms under "Tribhovandas Bhimji Zaveri" brand (32 company owned 5 franchise), for gold jewellery and diamond studded jewellery.

Apart from that it has two designer boutiques under "Krsala", where its sells jadau and diamond-studded jewellery.[1] Its main showroom at Zaveri Bazaar in Mumbai is built across five floors and said to be the largest jewellery showroom in India.,[6] while its other Mumbai branches are in Opera House, Churchgate, Borivali, Ghatkopar, and Santacruz.

Sharekhan presents 'IPO CORNER' (Tribhovandas Bhimji Zaveri)

It operates stores in Dhanbad, Hyderabad, Kolkata, Trivandrum, Vijayawada, Ahmedabad, Surat, Kochi, Indore, Thane, Raipur, Jamshedpur, Bhopal, Jamnagar, Aurangabad, and Udaipur.

Its manufacturing unit for diamond studded jewellery is located in Kandivli in Mumbai.[1]

History[edit]

In 1987, the shop was robbed by Mon Singh, along with 26 other so-called probationary CBI officers under the guise of RAW officers.

Tribhovandas bhimji zaveri ipo

The mysterious man remains unidentified, and the case remains unsolved until now.[7] A movie Special 26 has also been made on this incident which was released in 2013.

In 2011, TBZ entered the men's jewellery segment, with its Gentlemen's Collection in gold and diamonds.[8] Previously in the January of the same year, it filed a draft red herring prospectus (DRHP) for an initial public offering with market regulator SEBI, to sell 16.66 million shares of Rs 10 each.[9]

See also[edit]

References[edit]

External links[edit]

Tribhovandas bhimji zaveri ipo