Tribhovandas Bhimji Zaveri (TBZ), a jewellery retailer in India, is entering the capital markets on 24 April 2012, with an initial public offering (IPO) of 1.67 crore shares. The company has fixed an IPO price band of Rs 120 to Rs 126.
The issue will constitute 25% of the post-issue paid-up capital of the company. The issue will close on 26 April 2012.