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Tanvi Exports files DRHP for IPO as gold jewellery maker's FY26 revenue climbs to ₹1,140 crore

Tanvi Exports filed its DRHP with Sebi for an IPO of up to 3,580,000 fresh equity shares plus an Offer for Sale of up to 3,580,000 shares. Revenue from operations rose to ₹11,399.36 million in fiscal 2026.

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The numbers

Figures from Mint,

Fiscal 2025 revenue from operations: ₹10,084.05 million
Fiscal 2024 revenue from operations: ₹1,374.60 million

Why it matters to operators and investors

With an OFS equal in size to the fresh issue, existing holders are taking money out, so treat Tanvi as a possible sourcing or manufacturing partner and a valuation benchmark, and track whether a listed currency and the 15.65% export book make it an acquirer or a target after listing, pending Sebi approval.

What to watch next

  • Sebi observation letter on the DRHP
  • Filing of an updated draft or red herring prospectus with a price band
  • Gold price swings and demand commentary from listed jewellery peers
  • Anchor investor allocation and subscription levels on the issue
  • Any change to the sizes of the fresh issue or the Offer for Sale

The source

Source Read the source at Mint Published

First seen

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