Tribhovandas Bhimji Zaveri Ltd, a renowned name in the world of jewellery with 14 showrooms across the country, will launch an initial public offer (IPO) on April 24, said the company’s advertisements in newspapers on April 17, 2012. The offering will close on April 26, added the newspaper advertisement. %% IDFC capital and Avendus will be the book running lead managers for the proposed IPO that aims to raise up to USD 39 million or Rs 200 crore.%% In the past few years, many jewellers have come up for raising funds in equity markets including PC jewellers, Ratanchand Jewellers, Shree Ganesh Jewellery House, etc, as India’s organized retail market still remained largely untapped.%%