Tribhovandas Bhimji Zaveri
Encyclopedia
Tribhovandas Bhimji Zaveri Ltd. (TBZ) is a noted India
n jeweller and jewellery retail chain based in Mumbai
, India. Established in 1864 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 14 showrooms in nine cities across five states, including Mumbai
, Hyderabad, and Rajkot The company proposed an initial public offer (IPO) in July 2011.
Its manufacturing unit for diamond studded jewellery in Kandivli in Mumbai.
In 2011, it entered the men's jewellery segment, with its Gentlemen's Collection in gold and diamonds. 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.
Gayathrie Zaveri based in Dubai
sells across the Middle East under the label, Zaveri's.
Yet another store situated in Connaught Place, New Delhi
on Janpath
, opened in 1970. It is run by Kishorebhai Zaveri, part of the Zaveri family tree, and his three sons, and it is now a separate company.
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...
n jeweller and jewellery retail chain based in Mumbai
Mumbai
Mumbai , formerly known as Bombay in English, is the capital of the Indian state of Maharashtra. It is the most populous city in India, and the fourth most populous city in the world, with a total metropolitan area population of approximately 20.5 million...
, India. Established in 1864 by Tribhovandas Bhimji Zaveri in Zaveri Bazaar
Zaveri Bazaar
Zaveri Bazaar is a jewelry market and a major hub for B2B jewelry industry in Mumbai, India. Located at Bhuleshwar in South Mumbai, just north of Crawford Market, Zaveri Bazaar is a muddle of narrow lanes, dotted with hundreds of jewelry shops that sell gems and jewels, notably Tribhovandas Bhimji...
, the jewellery district of Mumbai
Mumbai
Mumbai , formerly known as Bombay in English, is the capital of the Indian state of Maharashtra. It is the most populous city in India, and the fourth most populous city in the world, with a total metropolitan area population of approximately 20.5 million...
, 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 14 showrooms in nine cities across five states, including Mumbai
Mumbai
Mumbai , formerly known as Bombay in English, is the capital of the Indian state of Maharashtra. It is the most populous city in India, and the fourth most populous city in the world, with a total metropolitan area population of approximately 20.5 million...
, Hyderabad, and Rajkot The company proposed an initial public offer (IPO) in July 2011.
Overview
The company has 12 showrooms under “Tribhovandas Bhimji Zaveri” brand, 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. It's main showroom at Zaveri Bazaar is built across five floors and said to be the largest jewelry showroom in India. , while its branches are in Hyderabad, Borivali, Ghatkopar, Santacruz, Thane, and Surat. It operates stores in Hyderabad, Vijayawada, Ahmedabad, Surat, Kochi, Indore, Mumbai, and Thane.Its manufacturing unit for diamond studded jewellery in Kandivli in Mumbai.
In 2011, it entered the men's jewellery segment, with its Gentlemen's Collection in gold and diamonds. 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.
Zaveri jewellers
Over the years, members of subsequent generations of Zaveri family have opened their own jewellery outfits and chains. The brandname is mainly being used by two companies, "TBZ, Srikant Zaveri Group" headed by Srivant Zaveri and "TBZ, Nirmal Zaveri Group", which has Samrat Zaveri, as its Managing director. The Nirmal Zaveri group , started Trendsmith India Pvt Ltd, a branded jewellery retail chain of jewellery and lifestyle stores, around 2002, which sells jewellery from noted jewellery manufacturers and designers, like Nirmal Zaveri who sells under the brand, TBZ-Nirmal Zaveri.Gayathrie Zaveri based in Dubai
Dubai
Dubai is a city and emirate in the United Arab Emirates . The emirate is located south of the Persian Gulf on the Arabian Peninsula and has the largest population with the second-largest land territory by area of all the emirates, after Abu Dhabi...
sells across the Middle East under the label, Zaveri's.
Yet another store situated in Connaught Place, New Delhi
Connaught Place, New Delhi
Connaught Place Connaught Place Connaught Place (Hindi: कनॉट प्लेस, (officially Rajiv Chowk) is one of the largest financial, commercial and business centers in Delhi. It is often abbreviated as CP and houses the headquarters of several Indian firms. Its surroundings occupy a place of pride...
on Janpath
Janpath
Janpath , translated the "People's Path", is one of the main roads in New Delhi. It starts out as Radial Road 1 in Connaught Place, adjacent to Palika Bazaar, and runs North-South perpendicular to, and past Rajpath...
, opened in 1970. It is run by Kishorebhai Zaveri, part of the Zaveri family tree, and his three sons, and it is now a separate company.