The bullion market in India is an index that signifies the economic
growth of the country. It indicates the amount of wealth the country possesses.
Valued by its purity and mass, bullion is the bulk quantity of precious metals
comprising gold, silver and platinum that can be assessed by weight and cast as
a lump.
India is one of the biggest consumers of gold in the world. People in
India buy gold not only for ornamental purpose but also as an investment option.
In fact, investment in gold has always been a source of profits to everyone in the long term. People
are always willing to invest in gold bullion.
RiddiSiddhi Bullions Limited (RSBL) is a leading company in India which
deals in bullion, specialising in bars and coins of various precious metals
like gold, silver and platinum. Being a company which facilitates investment in
precious metals, RSBL endeavours to combine its technical and market experience
with hard work and dedication to provide people the ability to make informed
investment decisions.
RiddiSiddhi Bullions Limited (RSBL) holds the largest variety of bullions
and coins across India. The company’s commitment to excellence in customer
service is evident in all facets of its business. RSBL's success is based on
customer trust and respect backed by its highly valued staff and best quality
products with modern trading mechanisms.
In a short period of time, RiddiSiddhi BullionsLimited (RSBL) has managed to become one of the leading players in the bullion
industry. It has been among the market leaders in providing wholesale and
retail level bullion delivery in the spot markets in India. Today, RSBL is
India’s largest bullion trading company with a credit rating of SME 1 from CRISIL Ltd – the highest rating
on the SME rating scale.
RiddiSiddhi Bullions Limited (RSBL) has successfully launched various products on
the back of its expertise, brand equity and vast experience in the market. The
company’s flagship product ‘RSBL SPOT’ is India’s first fully electronic over-the-counter
(OTC) delivery based bullion-trading system and arguably the most successful in
the world. It has more than 3000 online clients and numerous delivery centres
across India. Over 90% of its bullion sale takes place through RSBL Spot.
As an extension to RSBL SPOT, RSBL has introduced an eCoins
system – ‘RSBL eCoins’. This is a B2B system, wherein
which one can buy or sell gold and platinum coins/bars as per competitive
market price in Indian rupees. It has created new inroads in online
distribution and pricing system for coins in India. This is one of the fastest
growing products in the company’s portfolio.
RiddiSiddhi Bullions Limited (RSBL) also continues to run its successful classic
model of retail coin distribution and it is a leader in that via ‘RSBL Coins’ - Pure Gold, Silver & Platinum Coins/Bars. Available
in different shapes and sizes to meet individual requirements, these coins can
also be customised to meet gifting/corporate requirements.
RSBL's ‘Optionally Convertible Debentures (OCDs)’ is a innovative
product, which takes advantage of the price differences between gold
spot/forward and futures prices of the commodity. The product has consistently
provided investors with a return of over 15% per annum since its launch in
2007.
RSBL’s 'Bullion++' is another revolutionary product that
provides investors with an opportunity to earn dual income: from an anticipated
price appreciation and from lending income. Furthermore, investors need not
worry about purity, storage charges, theft and insurance hassles. Investors can
also choose non-lease model where the bullion is just stored.
Prithviraj Kothari, Director of RSBL, can be
credited for the development of the gold, silver and bullion industry in India.
Known as Bullion Man in the bullion market in India, Prithviraj Kothari has
played a vital role in the introduction of gold ETFs in India. Under his
vision, RSBL has successfully launched India's first and only electronic over
the counter bullion trading system, RSBL SPOT.
Under his direction, RSBL has consistently been ranked
amongst the top 10 unlisted public companies in India by Business Standard
1000.