S. B. & T. International Limited

About Us

S. B. & T. International Limited is a 100% EOU in the business of manufacture and export of studded jewellery at SEEPZ (a free trade zone) in Mumbai. The promoters are Mr. Surendra Kumar Sethi and Mr. Varij Sethi with Technical, Financial and Marketing collaboration with S. B. & T. Gem Imports Inc., Houston, USA. The company takes pride in being one of the very few companies that has the entire studded jewellery manufacturing facilities under one roof with a fully computerized inventory management system. The Company has a proven track record of over a decade, and is a profit making and dividend paying company. The turnover of SB&T has gone up from Rs. 25.91 crores in 1994-95 to Rs. 106.13 crores in 2002-2003. The Net profit has gone up from Rs. 2.68 crores in 1994-95 to Rs. 346.07 crores in 2002-2003 after writing off of Rs. 4.69 crores as one time exceptional extraordinary items pertaining to raw material, stock and diminution in value of investment as per the limited review carried out by International Auditing Firm. The book value was Rs. 28 in 1994-1995 on equity of Rs. 3.55 crores and now in 2002-2003 it is Rs. 57.66 ( on Consolidated account )on equity of Rs. 13.50 crores. The reserves of the company have gone up from Rs. 4.07 crores in 1994-95 to Rs. 60.14 crores in 2002-2003. The Company was incorporated on 14th October 1986. The company was the 1st Jewellery Manufacturing Company to go public in April 1994. The initial public offering was made at a premium of Rs. 40 per share, which was over-subscribed 37 times. Since the issue, the company has acquired another plant through internal accruals in SEEPZ, which is fully operational. The Equity shares of the Company are listed on the Mumbai Stock Exchange in the B1 group, the National Stock Exchange, Ahmedabad, Delhi and Jaipur Stock Exchanges.