Bhimji Zaveri IPO Latest News Today

Tribhovandas Bhimji Zaveri IPO shares will list on Wednesday, May 09, 2012. Issue price of this IPO has been fixed at Rs 120/- per share. IPO was subscribed 1.15 times (0.68 times in retail) on closing day.

Bhimji Zaveri IPO Listing Date

Listing Date: Wednesday, May 09, 2012
BSE Scrip Code: 534369
NSE Symbol: TBZ
Listing In: T Group of Securities
ISIN: INE760L01018
Issue Price: Rs. 120.00 Per Equity Share
Face Value: Rs. 10.00 Per Equity Share

Tribhovandas Bhimji Zaveri Ltd IPO subscribed 1.15 times on it final day. Issue failed to attract retail investors and remain unsubscribe in retail category. Public issue of TBZ was open on April 24, 2012 and closed today for subscription.

Category wise subscription figures:

Qualified Institutional Buyers (QIBs) - 1.29 times
Non Institutional Investors - 1.91 times
Retail Individual Investors (RIIs) - 0.68 times

Total: 1.15 times

Maximum bids received are on lower side of the price band (Rs 120).

Tribhovandas Bhimji Zaveri Ltd is entering in the capital markets with an initial public offering, IPO of 16,666,667 Equity Shares. The price band for the issue has been fixed at Rs 120/- at lower level and Rs 126/- at upper level.

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.

The issue opens on Apr 24, 2012 and closes for subscription on Apr 26, 2012. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Tribhovandas Bhimji Zaveri Ltd is entering in the capital markets with an initial public offering, IPO of 16,666,667 Equity Shares. The price band for the issue has been fixed at Rs 120/- at lower level and Rs 126/- at upper level.

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.

The issue opens on Apr 24, 2012 and closes for subscription on Apr 26, 2012. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Tribhovandas Bhimji Zaveri Ltd is entering in the capital markets with an initial public offering, IPO of 16,666,667 Equity Shares. The price band for the issue has been fixed at Rs 120/- at lower level and Rs 126/- at upper level.

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.

The issue opens on Apr 24, 2012 and closes for subscription on Apr 26, 2012. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).