Panjim: Tribhovandas Bhimji Zaveri Limited (TBZ) jewellery retailers in India, entered the capital markets on April 24, with an initial public offering of 16,666,667 equity shares of face value of Rs10 each for cash at a price band fixed between Rs 120 and Rs 126 per equity share. The issue constitutes 25 per cent of the post-issue paid-up capital of the company. The issue closed on April 26 and was subscribed approximately 1.17 times. The price fixed was Rs 120 per equity share.