Tribhovandas Bhimji Zaveri

2022-04-13T07:46:39Z

115.246.152.58:

{{short description|Indian jewelry company}}
{{EngvarB|date=September 2013}}
{{Use dmy dates|date=September 2013}}
{{Infobox company
| name = Tribhovandas Bhimji Zaveri Ltd.
| logo = Tbz logo.jpg
| traded_as =
| predecessor =
| successor = Gopaldas Tribhovandas Zaveri
| foundation = 1864
| founder = Tribhovandas Bhimji Zaveri
| defunct =
| location_city = [[Zaveri Bazaar]], [[Mumbai]]
| location_country = India
| locations = 31 ([[Dhanbad]], [[Bhopal]], [[Jamnagar]], [[Raipur]], [[Ahmedabad]], [[Bhavnagar]], [[Rajkot]], [[Gandhidham]], [[Surat]], [[Vadodara]], [[Vapi]], [[Jamshedpur]], [[Kochi]], [[Indore]], [[Aurangabad, Maharashtra|Aurangabad]], [[Mumbai]], [[Nagpur]], [[Pune]], [[Thane]], [[Vasai]], [[Vashi]], [[Udaipur]], [[Vijaywada]], [[Hyderabad]], [[Jamshedpur]], [[Kolkata]]<ref name=crisil/>)
| area_served =
| key_people = Shrikant Zaveri, Chairman & Managing Director
| industry =
| products = jewellery
| services =
| revenue = {{INRConvert|8.8|b|-2}} (2010)<ref name=crisil/>
| operating_income =
| net_income =
| num_employees =
| divisions =
| homepage = {{URL|tbztheoriginal.com}}
| footnotes =
}}
'''Tribhovandas Bhimji Zaveri Ltd.''' ('''TBZ''') is a noted [[India]]n [[jeweller]] and jewellery retail chain based in India.<ref>{{cite book |title=A Golden Treasury: jewellery from the Indian subcontinent|author=Susan Stronge|author2=Nima Poovaya-Smith |author3=James C. Harle |publisher=Rizzoli in association with the Victoria and Albert Museum and Grantha Corp. |year=1988|isbn=0-8478-1012-7 |page=118 }}</ref> Established in 1864 (156 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. The company today, has 37 showrooms in 23 cities across eleven states, including [[Mumbai]], [[Surat]], [[Kochi]], [[Bhopal]], [[Hyderabad, India|Hyderabad]], [[Kolkata]], and [[Rajkot]]<ref>{{cite news |title=Tribhovandas Bhimji Zaveri opens new showroom at Rajkot|url=http://www.business-standard.com/india/news/tribhovandas-bhimji-zaveri-opens-new-showroom-at-rajkot/444252/ |work=[[Business Standard]] |date=28 July 2011}}</ref><ref>{{cite web |title=About us|url=http://www.tbztheoriginal.com/about-us.html |publisher=Website }}</ref> The company proposed an [[Initial Public Offer]] (IPO) in July 2011.<ref>{{cite news |title=CRISIL assigns grade 3/5 to Tribhovandas Bhimji Zaveri IPO |url=http://www.moneycontrol.com/news/ipo-upcoming-issues/crisil-assigns-grade-35-to-tribhovandas-bhimji-zaveri-ipo_565150.html |publisher=Moneycontrol.com ([[CNBC-TV18]]) |date=13 July 2011 }}</ref>

In 2019, TBZ signed in [[Sara Ali Khan]] as their official brand ambassador.<ref>{{Cite web|title=TBZ-The Original announces Sara Ali Khan as its official brand ambassador|url=https://news.franchiseindia.com/content/tbz-the-original-announces-sara-ali-khan-as-its-official-brand-ambassador.n18512|website=news.franchiseindia.com|access-date=2020-05-16}}</ref>

==Overview==
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.<ref name=crisil/> Its main showroom at Zaveri Bazaar in Mumbai is built across five floors and said to be the largest jewellery showroom in India.,<ref>{{cite web |title=Tribhovandas Bhimji Zaveri Review |url=http://www.fodors.com/world/asia/india/mumbai-bombay-and-maharashtra/review-107886.html |publisher=[[Fodor's]] }}</ref> while its other Mumbai branches are in [[Opera House]], [[Churchgate]], [[Borivali]], [[Ghatkopar]], and [[Santacruz, Mumbai|Santacruz]]. It operates stores in [[Dhanbad]], [[Hyderabad, India|Hyderabad]], [[Kolkata]], [[Trivandrum]], [[Vijayawada]], [[Ahmedabad]], [[Surat]], [[Kochi]], [[Indore]], [[Thane]], [[Raipur]], [[Jamshedpur]], [[Bhopal]], [[Jamnagar]], [[Aurangabad, Maharashtra|Aurangabad]], and [[Udaipur]].

Its manufacturing unit for diamond studded jewellery is located in [[Kandivli]] in Mumbai.<ref name=crisil>{{cite web |title=Tribhovandas Bhimji Zaveri Limited Research|url=https://www.crisilresearch.com/CuttingEdge/Content/IPOs/TBZGRRat.pdf |date=12 July 2011 |publisher=[[CRISIL]] (Standard and Poor's)}}</ref>

==History==
In 2011, TBZ entered the men's jewellery segment, with its ''Gentlemen's Collection'' in gold and diamonds.<ref>{{cite news |title=Jewellery retailer Tribhovandas Bhimji Zaveri enters men's jewellery |url=http://articles.economictimes.indiatimes.com/2011-06-20/news/29680029_1_tbz-tribhovandas-bhimji-zaveri-showrooms |work=[[The Economic Times]] |date=20 June 2011 }}</ref> 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.<ref>{{cite news |title=Tribhovandas Bhimji files DRHP with Sebi |url=http://www.financialexpress.com/news/quick-view/742856/2 |work=The Financial Express |date= 28 January 2011 }}</ref>

== See also ==
* [[1987 Opera House heist]] - It was executed in headquarters of ''TBZ'' on 19 March 1987.
* [[Bhima Jewellers]]
* C. Krishniah Chetty & Sons

== References ==
{{Reflist|30em}}
* [http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=49553448 Tribhovandas Bhimji Zaveri Ltd.] at [[Businessweek]]

==External links==
* {{cite web |title=Tribhovandas Bhimji Zaveri |url=http://www.moneycontrol.com/news-topic/tribhovandas-bhimji-zaveri/ |publisher=[[CNBC-TV18]] (Moneycontrol.com) }}

[[Category:Jewellery retailers of India]]
[[Category:Indian jewellers]]
[[Category:Retail companies established in 1864]]
[[Category:Companies based in Mumbai]]
[[Category:Indian brands]]
[[Category:Indian companies established in 1864]]

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Tribhovandas Bhimji Zaveri