Issue Price
₹126
Per Share
GMP
NIL
Grey Market
Est. Listing
₹126
Expected Price
Min. Application
₹11,340
2 lots × 45 shares
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.
Tribhovandas Bhimji Zaveri Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| TOTAL | 16,666,667 | 100.00% | ₹210.00 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 45 | ₹5,670 |
| Retail (Max) | 2 | 90 | ₹11,340 |
| sNII (Min) | 36 | 1,620 | ₹204,120 |
| bNII (Min) | 177 | 7,965 | ₹1,003,590 |
| Particulars | 31-Mar-11 | 31-Mar-10 | 31-Mar-09 |
|---|---|---|---|
| Revenue from Operations | 1194.46 | 885.25 | 668.88 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 40.42 | 16.94 | 10.43 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | N/A | N/A | N/A |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |