Page 23 - Bullion World Volume 04 Issue 08 August 2023

Bullion World | Volume 3 | Issue 8 | August 2023

Mudra Precious Metals Private Limited

Mr Anand Hundia, Director, Mudra Precious Metals Pvt Ltd
Mr Dishank Hundia, Director, Mudra Precious Metals Pvt Ltd

Mudra group was founded in the
year 1995 by Mr Rajesh B Hundia
and Mr Sanjay B Hundia. The
company was later diversified and
entered the bullion market in 2000
by the names Mudra Finvest
Gujarat Limited and Mudra
Bullions Private Limited under the
direction of Mr Anand B Hundia. With
more than 20 years of experience in
the bullion industry, the organisation
is actively trying to expand the
business exponentially. When
Mr Dishank Hundia (Mr Rajesh
Hundia's son) finished his post- Mr Anand Hundia Mr Dishank Hundia
graduation in 2019, he joined the
company. After which we have 2. What prompted you to enter We have extensive knowledge
established a gold refinery by the the Bullion refining business of the bullion market and
name of Mudra Precious Metals considering the competitive have seen firsthand how India
Private Limited with a refining landscape. has one of the highest per
capacity of 18 tons of gold per The bullion trading industry capita gold consumption rates
annum. We strongly believe in has been our primary focus for worldwide, which is steadily
commitment, transparency and more than 20 years. Through rising. Therefore, we decided
uncompromised service to build our ongoing efforts to serve our that by establishing a precious
long-term, collaborative relationships consumers, we have established metal refinery, we could take a
with our clients, suppliers and other goodwill in the bullion industry. fresh approach to growing our
stakeholders. We have been importing gold on bullion trading business. On the
consignment through different import of precious metals in the

1. Business Model of the banks, and we also purchase form of dore, the precious metal
refinery. We operate under gold directly from only the refineries in India also receive
a business-to-business (B2B) most reputable refineries on a 0.65% discount on customs
model. We sell refined and the domestic market in order duties. So, this is what prompted
purity-tested bullion bars to to engage in market trading.
bullion dealers, retailers, and
jewellers. We refine dore using
the aqua regia method. In
India, it is the most commonly
practiced method for the
refinement of dore. Since the
bullion market is extremely
competitive, we make every
effort to provide our customers
with the finest rates, dealing
options, and delivery services.

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