Founded | 1864 |
---|---|
Founder | Tribhovandas Bhimji Zaveri |
Successor | Gopaldas Tribhovandas Zaveri |
Headquarters | , India |
Number of locations | 32 (Patna, Dhanbad, Bhopal, Jamnagar, Raipur, Ahmedabad, Bhavnagar, Rajkot, Gandhidham, Surat, Vadodara, Vapi, Jamshedpur, Kochi, Indore, Aurangabad, Mumbai, Nagpur, Pune, Thane, Vasai, Vashi, Udaipur, Vijaywada, Hyderabad, Jamshedpur, Kolkata [1] ) |
Key people | Shrikant Zaveri (Chairman & MD) |
Products | Jewellery |
Revenue | ₹8.8 billion (US$100 million) (2010) [1] |
Website | tbztheoriginal |
Tribhovandas Bhimji Zaveri Ltd. (TBZ) is a noted Indian jeweller and jewellery retail chain based in India. [2] 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 37 showrooms in 23 cities across eleven states, including Jaipur,Mumbai, Surat, Kochi, Bhopal, Hyderabad, Kolkata, and Rajkot [3] [4] The company proposed an Initial Public Offer (IPO) in July 2011. [5]
In 2019, TBZ signed in Sara Ali Khan as their official brand ambassador. [6]
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. [1] Its main showroom at Zaveri Bazaar in Mumbai is built across five floors and said to be the largest jewellery showroom in India., [7] while its other Mumbai branches are in Opera House, Churchgate, Borivali, Ghatkopar, and Santacruz. It operates stores in Jaipur,Dhanbad, Hyderabad, Kolkata, Trivandrum, Vijayawada, Ahmedabad, Surat, Kochi, Indore, Thane, Raipur, Jamshedpur, Bhopal, Jamnagar, Sambhaji Nagar, and Udaipur.
Its manufacturing unit for diamond studded jewellery is located in Kandivli in Mumbai. [1]
In 2011, TBZ entered the men's jewellery segment, with its Gentlemen's Collection in gold and diamonds. [8] 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 ₹10 each. [9]
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Zaveri Bazaar is a jewellery market and a major hub for B2B and B2C jewellery 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 jewellery shops that sell gems and jewels, notably Tribhovandas Bhimji Zaveri (TBZ), Dwarkadas Chandumal, Dhirajlal Bhimji Zaveri & UTZ. 65% of all gold trading and dealing in India is estimated to originate from the market. During the early 19th century a jeweller named Ambalal Zaveri was very famous for his great quality of gold, due to his death his great reputation slowly collapsed due to disputes between his sons.
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