What do UT Jhaveri’s Kumar Jain and
Prithviraj Kothari of Riddhi Siddhi Bullion Association have in common? They
are among twelve others invited as Directors of the association. Narsih Chenaji, Ashok Jain, Bullion's Chandrakant Patel,
Shrigar Mangalsutra's Chetan Tungareshwar, G.M Golden's Ganesh Mathuria, Jugraj
Kantilal's Jitendra Punmiya, Penta Gold's Ketan Shroff, Sangam Chain's Raman
Solanki, Suvarna Sarita Jweller's Mahendra Choradia, Shilpi Jweller's Pramod
Mehta, Suvarna Shilpi Chain's Prafull Ranavat, Palak Jweller's Shailesh Daga,
and V Group's Vinod Jain are tipped to have been invited. How does the
association fare in its social and economic activities? Its media co-ordinator,
Kumar Jain, firmly stated
that the association can efficiently handle its activities. No more disputes,
for an amiable flagging-off of peace, Prithviraj Kothari, states he has been
advised to pull out all pending cases from court. He also commended the
association for increase in membership.
RSBL was established in the year 1994, it has been one of the market leaders in providing wholesale and retail level bullion delivery in the spot. It also forwards and futures markets in India. Today, RSBL is the India's largest bullion trading company with an annual turnover of over Rs 22,900 crore. It has a credit rating of SME 1 from CRISIL Ltd, which is the highest rating on the SME rating scale. The company's promoters have a combined experience of over 100 years in the industry.
Monday, July 22, 2013
Friday, July 19, 2013
Riddhi Siddhi Bullions Limited
RSBL was established in the year 1994, it has been one of the market leaders in providing wholesale and retail level bullion delivery in the spot. It also forwards and futures markets in India. Today, RSBL is the India's largest bullion trading company with an annual turnover of over Rs 22,900 crore. It has a credit rating of SME 1 from CRISIL Ltd, which is the highest rating on the SME rating scale. The company's promoters have a combined experience of over 100 years in the industry.
Riddi Siddhi Bullions Limited (RSBL) deals in bullion, specializes in bars and coins of various precious metals like Gold, Silver and Platinum.
As it facilitates investment in precious metals, RSBL strives to integrate our technical and market experience with a proper equation of hard work and dedication to provide our clients the ability to make good investment decisions.
Riddi Siddhi Bullions Limited (RSBL) deals in bullion, specializes in bars and coins of various precious metals like Gold, Silver and Platinum.
As it facilitates investment in precious metals, RSBL strives to integrate our technical and market experience with a proper equation of hard work and dedication to provide our clients the ability to make good investment decisions.
RSBL is proud of holding the largest variety of bullions and coins across India. Our commitment to excellence in customer service and welfare is evident in all aspects of our business and we believe in spreading our horizons in coming years. RSBL's success is based on customer trust and respect backed by our highly valued staff and best quality products with the newly updated trading mechanisms.
RSBL's dedication to continuous improvements enables us to meet the demanding requirements of our customers. This bond of trust has helped RSBL to reach to the point where it is right now.
Riddhi Siddhi Bullion Limited (RSBL) has been ranked amongst the top 10 unlisted public companies in India by Business Standard 1000 several times. It is also one of the largest delivery participants across most of Indian commodity exchanges and is also been awarded STAR TRADING House status under the EXIM policy of Ministry of Commerce, Government of India. Riddhi Siddhi Bullion Limited (RSBL) is one of the only ten nominated agencies for import of bullion in India and also one of the few selected Indian companies to associate with the London Bullion Market Association (LBMA) and Bombay Bullion Association (BBA). RSBL holds reputation in LBMA's good delivery members, international suppliers and banks.
RSBL is an 'Authorised Participant' (AP) with all the Gold Exchange Traded Funds (ETFs) in India and also ensures fluidity in each of them. It is also the largest creator and redeemer of such Gold ETF units in the country.
Riddhi Siddhi Bullion Limited (RSBL) has received the prestigious 'EPCES Export Awards' for outstanding export performance during the year 2009-10 from the Category-II Product Specific SEZ - Other than MSME in the category Gems & Jewellery.
Riddhi Siddhi Bullion Limited (RSBL) has received the prestigious 'EPCES Export Awards' for outstanding export performance during the year 2009-10 from the Category-II Product Specific SEZ - Other than MSME in the category Gems & Jewellery.
RSBL's 'Optionally Convertible Debentures (OCDs)' is another innovative product, which takes advantage of the price differences between gold spot/forward and futures prices of the commodity. The product has been a great success and besides capital protection, has consistently provided the investors with a return of over 15% per annum since its launch in 2007.
In 2009, RSBL was also nominated by CNBC TV 18 for 'Emerging India Awards' Awards' in two categories: e-commerce and jewellery.
In 2009, RSBL was also nominated by CNBC TV 18 for 'Emerging India Awards' Awards' in two categories: e-commerce and jewellery.
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