Tanvi Exports India Limited, a Rajkot-based gold jewellery maker, filed its draft red herring prospectus (DRHP) with SEBI on 30 September 2026. The filing sets out the company’s plan for an initial public offering. The company’s draft papers describe the proposed offer and its business operations.
Offer details
Tanvi Exports plans to offer 71.60 lakh shares to the public, according to its draft papers. The proposed equity shares are to be listed on the NSE and the BSE, the papers state. The DRHP says not more than 50 per cent of the offer is reserved for qualified institutional buyers. This sets a ceiling on that category’s allocation, according to the filing. Non-institutional investors are reserved at least 15 per cent of the offer, the papers state. Retail individual bidders are reserved at least 35 per cent, according to the same draft documents. The filing therefore sets minimum allocations for those two investor categories and a maximum for qualified institutional buyers.
Jewellery business
Tanvi Exports says it designs, manufactures and exports fine gold jewellery. The company accounts for around 8 per cent of Gujarat’s overall gold jewellery exports, according to its business details. Its portfolio includes gold jewellery in different karatages and Italian machine-made chains, the company says. The range also covers bridal and occasion jewellery, alongside casting jewellery. Tanvi Exports lists cubic zirconia-studded jewellery among its products, according to the draft papers. Daily-wear products also form part of the portfolio, the company says. Its offerings include lightweight and nano-lightweight jewellery, according to its business description. The company’s product range thus spans several jewellery types and uses, as set out in the filing. Tanvi Exports says it works with gold, silver and platinum. Its materials also include coloured stones and other gemstones, according to the company.
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Rajkot facility
The company operates an integrated manufacturing facility in Rajkot, according to the draft papers. The facility has installed capacity of 5,500 kg per annum, the filing states. Tanvi Exports says the site supports its jewellery manufacturing operations. The company’s business description identifies the facility as part of its integrated operations. Its stated production capacity is measured annually in kilograms, according to the DRHP. The filing places the manufacturing base in Rajkot, where the company is based.
Financial performance
Total income rose 12 per cent to Rs 1,143.23 crore for the year ended 31 March 2026, according to the company’s financial figures. Total income was Rs 1,012.30 crore a year earlier, the figures show. Profit after tax increased 255 per cent to Rs 65.80 crore for the year, the company reported. The comparable profit after tax was Rs 18.48 crore in the preceding year, according to the financial details. These figures cover the year ended 31 March 2026 and the year before it, as presented by the company.