Indian Stocks News - Your Guide To Stocks, Investments and Money - Homepage
 
Powered By
Home Stocks To Buy Stock Tips Stock Trading Investment Growth Stock Penny Stocks To Buy   Mutual Funds
| Share

Friday, April 20, 2012

IPO News - Tribhovandas Bhimji Zaveri launching IPO

Tribhovandas Bhimji Zaveri, a well known name in Jewellery retail business, is launching an initial public offering of shares on April 24 to raise up to Rs 210 crore.

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

Price band will be between Rs 120 and Rs 126 a share for its up to Rs 210 crore IPO. Subscription to 16.66-million-share IPO is set to begin on April 24th and closes on April 26th.

Tribhovandas Bhimji Zaveri has 14 showrooms across India and it's competitors include other organized jewellery retailers like Gitanjali Gems , Titan Industries and Thangamayil Jewellery etc.

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'.

You may want to read:
How to buy stocks with multibagger potential
Stock Research Report - Larsen & Toubro (L&T)
Stock to buy - Tech Mahindra
Goodyear India - Stock To Buy from Evergreen Industry
Infotech Enterprises - Stock Analysis and Recommendation
Stock Analysis – BPCL 3QFY12 Results
Buy Stocks of Va Tech Wabag
Stock Analysis - Bharti Airtel
Stock Analysis – ONGC
Union Bank – Stock Analysis with Target Stock Price
Share Market Stock Tips - Buy Stocks of Chambal Fertilisers
Free Stock Market Tips – Buy HDIL for short term

No comments:

Post a Comment

Leave Your Opinion Here... (All comments are manually moderated)