Tribhovandas Bhimji Share Price

With a history stretching back more than 150 years, Tribhovandas Bhimji Zaveri Ltd (TBZ) is a dominant force in the global organized jewelry industry. This jeweler pioneered offering money-back guarantees on jewelry purchases in 1938. The firm has become one of the nation's most prominent luxury jewelry companies thanks to its distinguished lineage, distinctive designs, creative offers, solid retail presence, emphasis on brand growth and marketing, and dedicated staff. Through innovative research, computer-aided innovation, and a team of talented designers and expert craftspeople, the firm can produce goods that are in sync with current tastes and preferences.

The company's retail strategy is centered on increasing customers' proportion of purchases made in-store. As of March 31, 2018, the company's retail space was 1,106,6 square feet, and it was located in 26 different cities across 11 other states in India. With a total of 37 showrooms, 5 of which are "franchisee owned franchisee run," the company is ubiquitous. Diamond and gold jewelries are the company's bread and butter. Platinum and jadau jewelry are only two of the many wares on offer.

Both the design and production of their goods are handled in-house or by outside vendors. They operate under the moniker "Tribhovandas Bhimji Zaveri" for all their showrooms. The organization carries jewelry from all around India so that it may satisfy the preferences of its consumers. Jewelry from countries like Italy, Turkey, and Thailand is also available. And they may also tailor pieces of jewelry to suit your specific requirements. They sell jewelry at various pricing points to attract the broadest possible audience.

The company's factory in Kandivali, Mumbai, is among the most advanced in the world. It can process about 2,000,00 carats of diamond jewelry per year (during double shift), 4,000 kilograms of gold, and 5,000 kilograms of gold jewelry components. The extensive testing resources enable it to consistently meet or exceed all quality targets and achieve exceptional rates of output and efficiency in all business operations.

A company under the name of Tribhovandas Bhimji Zaveri Ltd. On January 3, 1949, Tribhovandas Bhimji Zaveri and a few others signed a partnership document and began operating the business as partners. Goldsmithing and jewelry making were the bulk of the partnership's trade as Tribhovandas Bhimji Zaveri. Because of the addition of new partners and the departure of older ones, the league has been reorganized on many occasions. The Hyderabad store was the company's second retail location, opening in 2001.

Then, they instituted trained personnel to manage each showroom independently. As of 2004, everything of the company's jewelry sold in stores was already pre-hallmarked. On July 24, 2007, the business officially incorporated as a limited liability corporation. From August 2007 to October 2008, the corporation added seven more locations. The total square footage of their stores in 13 different sites was more than 42,000. They launched their new brand in 2009. After forming Konfiaance Jewellery Pvt Ltd with Parinda Bajaj on September 11th, 2009, per a joint venture agreement signed on June 25th, 2009.

It established its headquarters there in Mumbai, India, in 2010. They used tv to communicate with people around the country and the world. To consolidate its manufacturing activities and increase operational efficiency, the firm purchased 99.98% of the equity share capital of Tribhovandas Bhimji Zaveri (Bombay) Ltd in October 2010. The business became Tribhovandas Bhimji Zaveri Ltd. in December 2010 after its name change and conversion to a public limited company.

The company's production facility in Kandivali, Mumbai, expanded in 2011. After the corporation and Parinda Bajaj ended their joint venture on June 22, 2011, the company gained full ownership of Konfiaance Jewellery Pvt Ltd. It was in April of 2012 when Tribhovandas Bhimji Zaveri released his IPO, which consisted of 16666667 equity shares. Investors may subscribe to the IPO from April 24–26, 2012. The IPO cost investors Rs 120 per share.

By the conclusion of its fiscal year on March 31, 2014, the firm had twenty-seven showrooms spread throughout twenty-one cities and eight states. New Age Brides Wedding Collection' was introduced during the fiscal year under review. Because of this, the New Age Brides Wedding Collection has options for various wedding celebrations, each with its unique aesthetic. Do you want to know about the Tribhovandas Bhimji Zaveri Shares? Click Here to learn about today’s Tribhovandas Bhimji Zaveri Share Price.