S B & T International Company was incorporated on October 14,1986 as S B & T Gems & Jewellery Exports Private Limited. It is a 100% EoU in the business of manufacture and export of studded jewellery at SEEPZ (a free trade zone) in Mumbai. The promoters of the company are Surendra Kumar Sethi and Varij Sethi with technical, financial and marketing collaboration with S B & T Gem Imports Inc, Houston, USA.
It was the first 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 Bombay Stock Exchange in the B1 group, the National Stock Exchange, Ahmedabad, Delhi and Jaipur Stock Exchanges.
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 retail jewellery stores of the company under STJ are located in the leading hypermarket – Carrefour. Carrefour has a widespread presence in the Middle East after its takeover of the “Continent” chain of retail stores.
Carrefour is the second largest retail store chain originating from France with around 5400 stores world-wide. It sells everything from food to computers in its hypermarkets. CarrefourUAE is UAE’s most dynamic, fast-moving and exciting hypermarket chain. It is a joint venture company by Majid al Futtaim and Carrefour France. Carrefour France serves more than 2 billion clients per year in its stores, which are present in more than 31 countries spread across 3 geographic zones. At the end of November, the Group had 5425 integrated stores: 580 hypermarkets, 1318 supermarkets, 2726 deep discount stores, 135 convenience stores, 163 cash and carry and 503 frozen food stores. Today, Carrefour is present throughout the world in the form of its hypermarkets, a concept which it invented and has continually nurtured and developed. Carrefour also has created a strong portfolio of global and local private label products.
Product range of the company includes:
The company is having fully computerized portfolio of over 30000 designs