The Initial Public Offering comprising a Fresh Issue of up to 3,580,000 Equity Shares and an Offer for Sale of up to 3,580,000 Equity Shares.
FinTech BizNews Service
Mumbai, 02 October, 2026: Tanvi Exports India Limited has filed its Draft Red Herring Prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI). It proposes to raise funds through an Initial Public Offering comprising a Fresh Issue of up to 3,580,000 Equity Shares and an Offer for Sale of up to 3,580,000 Equity Shares.
The company is engaged in the design, manufacturing and export of fine gold jewellery, accounting for ~ 8% of Gujarat state’s overall gold jewellery exports. The product portfolio comprises a range of gold jewellery under different karatages, including Italian machine-made chains, bridal and occasion jewellery, casting jewellery, cubic zirconia (“CZ”) studded jewellery, daily-wear, lightweight jewellery and nano lightweight jewellery.
The Company's revenue from operations increased from Rs1,374.60 million in Fiscal 2024 to Rs10,084.05 million in Fiscal 2025 and further to Rs11,399.36 million in Fiscal 2026, representing a CAGR of 188.00% over the period. During the same period, Tanvi Exports expanded its export business from a single order from the UAE of Rs43.40 million in Fiscal 2024 to export revenues of Rs2,457.46 million across five countries in Fiscal 2025.
The Net Proceeds from the Fresh Issue are proposed to be utilised towards repayment or pre-payment of certain outstanding borrowings, funding incremental working capital requirements and general corporate purposes.
Tanvi Exports operates from a manufacturing facility at Rajkot, having integrated, in-house manufacturing capabilities, with an installed Capacity of 5,500 Kg Per Annum. The Products are manufactured using precious metals like gold, silver and platinum, along with coloured and other gemstones, which constitute the principal raw materials.
Tanvi Exports sells its products domestically across 18 states and union territories in India and also exports to select international markets, principally the United Arab Emirates. Some of its marquee customers include Joyalukkas, Kalyan Jewellers, Senco Gold, Chemannur Gold Palace, Titan Limited, Jos alukkas, Novel Jewels, and numerous other esteemed customers. As of March 2026, Domestic Revenue contributed 84.35% of total revenue from operations, and 15.65% was from exports.
Aryaman Financial Services Limited is the Book Running Lead Manager to the Offer, while Bigshare Services Private Limited is the Registrar to the Offer.
