Bullion dealer — Zaveri Bazaar, Mumbai.
S. Mahendrakumar Devichand, SMD, at IBJA House in 2nd Agiary Lane, is one of the old bullion houses of Zaveri Bazaar, trading gold bars with the bazaar’s jewellers.
Zaveri Bazaar’s bullion houses import, refine and distribute the gold the jewellers of western India work with; the IBJA rate is fixed among them.
| Name | S. Mahendrakumar Devichand (SMD) |
|---|---|
| Where in Mumbai | Zaveri Bazaar, Mumbai |
| What they do | Bullion dealer |
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Zaveri Bazaar
RiddiSiddhi Bullions, founded in 1994 by Prithviraj Kothari, is the largest bullion dealer of Zaveri Bazaar and among the largest in India, importing and distributing gold and silver bars to jewellers; its rates are a re
Zaveri Bazaar
P.
Zaveri Bazaar
IBJA, the Bombay Bullion Association of 1919, is the association of the bullion and jewellery trade, headquartered in Zaveri Bazaar; its daily gold and silver rates are the reference used by the Government for sovereign
Zaveri Bazaar
MMTC-PAMP, the joint venture of MMTC and PAMP of Switzerland, is the only LBMA-accredited gold and silver refinery in India, at Mewat in Haryana, and its bars and coins are sold through Zaveri Bazaar dealers and banks.
Bharat Diamond Bourse, BKC
Rajesh Exports, the Bengaluru company listed on the Mumbai exchanges, is the largest gold jewellery manufacturer and refiner in the world by volume, owning the Valcambi refinery in Switzerland.
Zaveri Bazaar
Narrondass Manordass on Sheikh Memon Street is a bullion refiner and trader of Zaveri Bazaar, one of the names behind the bazaar’s daily rate for generations.
Zaveri Bazaar
R.
Zaveri Bazaar
Mangalmani Jewellers in 3rd Agiary Lane deals in bullion and gold for the trade.
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