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TRIBHOVANDAS BHIMJI ZAVERI LIMITED IPO

April 20, 2012 By 2 Comments
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TRIBHOVANDAS BHIMJI ZAVERI LIMITED IPO

Issue Open:        April 24, 2012

Issue close:         April 26, 2012

Price Band:         Rs. 120 – Rs. 126 Per Equity Share

Minimum Bid Size:           45 Equity Shares

Face Value:         Rs. 10 Per Equity Share

Issue Type:         100% Book Building

Maximum Subscription Amount  for Retail Investor:        Rs. 200000

TRIBHOVANDAS BHIMJI ZAVERI LIMITED:

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.

IPO Grading / Rating:

CRISIL has assigned an IPO Grade 3 to Tribhovandas Bhimji Zaveri Ltd (TBZ) IPO. This means as per CRISIL, company has ‘Average Fundamentals’.

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Filed Under: IPO
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