South India Bullion Association (SIBA) will launch and inaugurate its newly elected team on 27th September 2026, Sunday, at Radisson Blu Hotel & Suites, GRT, Near Airport, Chennai, from 11.00 AM to 02.00 PM. The event will bring together representatives of the bullion industry under the theme “One United Force”, with SIBA representing 5 states and 100 bullion houses.
Quick Summary
- South India Bullion Association (SIBA) will launch and inaugurate its newly elected team on 27th September 2026.
- The event will be held at Radisson Blu Hotel & Suites, GRT, Near Airport, Chennai.
- The programme is scheduled from 11.00 AM to 02.00 PM.
- Surabi Karthik is the Elected President.
- Ankit Jain is the Elected Secretary.
- Mukesh Badola is the Executive VP.
- K. Srinivasulu is the Elected Treasurer.
- Rajesh Rokde, Chairman, All India Gem & Jewellery Domestic Council, is listed as the Chief Guest.
- The event will include the launch of the official website and unveiling of the SIBA logo.
- SIBA represents 5 states and 100 bullion houses.
- The association’s vision focuses on Knowledge, Discipline, Voice, Standing, The Standard and Protection.
South India Bullion Association to Launch Newly Elected Team
South India Bullion Association (SIBA) will launch and inaugurate its newly elected team on 27th September 2026, Sunday, at Radisson Blu Hotel & Suites, GRT, Near Airport, Chennai. The programme is scheduled from 11.00 AM to 02.00 PM.
Newly Elected Leadership Team
The newly elected team includes Surabi Karthik of Surabi Bullion, Coimbatore, TN, as Elected President; Ankit Jain of DP Gold Private Limited, Nellore, AP, as Elected Secretary; Mukesh Badola of AMS Bullion, Chennai, TN, as Executive VP; and K. Srinivasulu of SLN Bullion, Chennai, TN, as Elected Treasurer.
| Position | Name | Organisation | Location |
|---|---|---|---|
| Elected President | Surabi Karthik | Surabi Bullion | Coimbatore, TN |
| Elected Secretary | Ankit Jain | DP Gold Private Limited | Nellore, AP |
| Executive VP | Mukesh Badola | AMS Bullion | Chennai, TN |
| Elected Treasurer | K. Srinivasulu | SLN Bullion | Chennai, TN |
Chief Guest and Guests of Honour
Rajesh Rokde, Chairman, All India Gem & Jewellery Domestic Council, is listed as the Chief Guest for the inauguration of the newly elected team. The Guest of Honour segment includes Mahendra Kumar Tayal, Southern Regional Chairman, Gem & Jewellery Export Promotion Council; Avinash Gupta, Vice Chairman, All India Gem & Jewellery Domestic Council; and Ashok Gautam, MD & CEO, India International Bullion Exchange.
Special Guests for the Official Website Launch
The Special Guests listed for launching the official website are B. Sabarinath, President, Tamil Nadu Jewellery Federation; Coimbatore Jewellery Association; Jayanthilal Challani, President, The Jewellers & Diamond Traders Association, Madras; and Ashok Kumar Jain, Charter President, Chennai Wholesale Jewellers Association.
Eminent Guests for the SIBA Logo Unveiling
The Eminent Guests listed for unveiling the SIBA logo are B. Muthuvenkatram, President, Coimbatore Jewellery Manufacturers Association; Dr. Chetan Kumar Mehta, President, Jewellers Association Bengaluru; Senthil Srinivasan, President, Gold Bullion Association, Coimbatore; and V K Manoj, Project Director, United Exhibitions.
Event Details
| Date | Time | Venue |
|---|---|---|
| Sunday, 27th September 2026 | 11:00 AM to 02:00 PM | Radisson Blu Hotel & Suites, GRT, Near Airport, Chennai |
“Stronger Together for a Brighter Tomorrow”
SIBA’s stated vision is “Driving unity, trust and progress in the bullion industry across South India.” With a vision for a stronger and more collaborative ecosystem, the association aims to inspire collective growth, excellence and meaningful connections across the industry.
Focus on the Next Generation
The association’s next-generation programme is dedicated to the sons, daughters and young dealers entering the bullion trade, empowering the future generation to carry forward the standards, values and legacy of the industry and lead these businesses into the future.
Inauguration Agenda
The inauguration agenda begins with a Prayer Song from 11:00 AM to 11:05 AM, followed by a Welcome Address by the MC. The programme includes the honouring of guests, inauguration of elected members by the Guest, honouring an esteemed member of SIBA, the President Speech, an AV of the Roadmap of SIBA, Website Launch & Logo Launch by Guests, keynote speeches by all the guests, and speeches by the Secretary, Executive VP and Treasury. The programme concludes with a Vote of Thanks, Closing Ceremony and lunch.
| Time | Duration | Programme |
|---|---|---|
| 11:00 – 11:05 AM | 5 MIN | Prayer Song |
| 11:05 – 11:10 AM | 5 MIN | Welcome Address by MC |
| 11:10 – 11:20 AM | 10 MIN | Honouring the Guests who turned our Launch into a Landmark |
| 11:20 – 11:35 AM | 15 MIN | Inauguration of Elected Members by Guest |
| 11:35 – 12:00 PM | 25 MIN | Honouring an Esteemed Member of SIBA |
| 12:00 – 12:15 PM | 15 MIN | President Speech |
| 12:15 – 12:20 PM | 5 MIN | AV of Roadmap of SIBA |
| 12:20 – 12:30 PM | 10 MIN | Website Launch & Logo Launch by Guests |
| 12:30 – 01:15 PM | 45 MIN | Keynote Speech by all the Guests |
| 01:15 – 01:20 PM | 5 MIN | Secretary Speech |
| 01:20 – 01:25 PM | 5 MIN | Executive VP Speech |
| 01:25 – 01:30 PM | 5 MIN | Treasury Speech |
| 01:30 – 01:40 PM | 10 MIN | Vote of Thanks by Secretray |
| 01:40 – 01:45 PM | 5 MIN | Closing Ceremony by MC |
| 01:45 PM ONWARDS | — | Lunch |
Welcome Reception and Networking Dinner
A Welcome Reception & Networking Dinner is scheduled for 26.9.2026 from 07:00 PM – 09:00 PM as a Dinner Networking Event.
One United Force Across Five States
SIBA presents itself as “5 STATES BULLION 100 HOUSES” and “ONE UNITED FORCE.” The association’s founder members include bullion businesses and organisations from Tamil Nadu, Karnataka, Kerala, Andhra Pradesh and Telangana.
Founder Members Across South India
| No. | Member | Name | Location | Website |
|---|---|---|---|---|
| 1 | Aamlin Spot | Jagannath Mudgal | Bengaluru, KA | www.aamlinspot.in |
| 2 | Akshara Bullion | Dinesh M | Coimbatore, TN | www.aksharabullion.com |
| 3 | Ambicaa Sales Corporation | Ramesh Kothari | Bengaluru, KA | www.ambicaaspot.com |
| 4 | Arihant Mangal Silvers | Mukesh Badola | Chennai, TN | — |
| 5 | Arya Bullion | S Sivashankar | Coimbatore, TN | www.aryabullion.com |
| 6 | Balaji Enterprise | Deepak Salunkhe | Bengaluru, KA | www.balajiispot.in |
| 7 | Baskar Bullion | R. Baskar | Salem, TN | www.baskarbullion.com |
| 8 | BP Gold | Chetan P Challani | Bengaluru, KA | — |
| 9 | BP Jewels | A Kamal Chand | Bengaluru, KA | www.bpjewels.com |
| 10 | CSV Bullion | Nitin Jain | Chennai, TN | www.csvbullion.com |
| 11 | DP Gold Pvt Ltd | Rahul Jain & Ankit Jain | Nellore, AP | www.dpgold.com |
| 12 | Enchikandathil Ventures India Pvt Ltd | Anilkumar E V | Muvattupuzha, KL | — |
| 13 | Finmet Technologies Pvt Ltd | Shankar | Coimbatore, TN | www.finmettechnologies.com |
| 14 | Ganapathy Bullion | R. Arun Kumar & R. Pravin | Coimbatore, TN | www.ganpathybullion.com |
| 15 | Goldcore Bullion Pvt Ltd | A. Ranganathan, A. Venkatesh & Venhatesaan GB | Coimbatore, TN | www.goldcorebullioner.com |
| 16 | Hajee Trading Company | Shabeer Ahamed | Salem, TN | www.hajeebullion.in |
| 17 | Hari Om Jewellers & Bullion | Sushant Patil | Chennai, TN | www.srihariombullion.com |
| 18 | Hasti | Pranay M Babel | Bengaluru, KA | www.hastispot.com |
| 19 | Infinity Jewellery Bullion | Akshay Gadia | Bengaluru, KA | — |
| 20 | JM Bullion and Jewels | Karthick Chandrasekar | Coimbatore, TN | www.jmbullion.in |
| 21 | Kalp Jewels | Manish Kumar Jain | Bengaluru, KA | www.kalpjewels.in |
| 22 | Khwaish Jewellers | Sajjan Raj Bohra | Chennai, TN | — |
| 23 | Kikan Goldsmith Pvt Ltd | Vinay K. Soni | Hyderabad, TG | www.tippusoni.com |
| 24 | KJ Bullion | Pramod Mehta | Chennai, TN | www.kjbullion.com |
| 25 | Laxmi Kuberan Bullion | Suresh Babu | Coimbatore, TN | www.laxmikuberanbullion.com |
| 26 | M. Rajender Kumar Jewellers | Ashish Kumar Modi | Hyderabad, TG | www.mrajender.com |
| 27 | Mahraja Bullion | Meenakshi Sundaram | Coimbatore, TN | www.mahrajabullion.in |
| 28 | Manokamana Gold | Vedprakash Agarwal | Hyderabad, TG | www.manokamanagold.com |
| 29 | MJ Golds | MK Antochan Manjaly | Thrissur, KL | — |
| 30 | Mohanlal Jewellers Pvt Ltd | Suressh Khatri | Chennai, TN | www.mohanlaljewellers.in |
| 31 | MS Bullion | Ankit Singhvi | Salem, TN | www.msbullion.in |
| 32 | Mutha Jewellers | Amith Mutha | Chennai, TN | — |
| 33 | Namami | Ajith | Bengaluru, KA | www.namamispot.in |
| 34 | Namrata Jewellers | Ujwal Narendra Jain | Ernakulam, KL | — |
| 35 | PJS Commodities | Sunith Mundhra | Chennai, TN | www.pjscommodities.com |
| 36 | Priyanka Bullion Pvt Ltd | Manirathinam Srinivasan | Madurai, TN | www.priyankabullion.com |
| 37 | Quality Bullion LLP | Sageer Ahammed | Thrissur, KL | www.qualitybullionllp.com |
| 38 | R B Gold | Rahul Mehta | Vijayawada, AP | www.rbgoldspot.com |
| 39 | Rainbow Venture | Goutham Jain | Chennai, TN | — |
| 40 | Ravindran Jewellers Pvt. Ltd. | Ravindran Kuzhandai Gounder | Salem, TN | www.ravindranjewellers.in |
| 41 | RD Bullion | Dashrath Singh Rao | Ernakulam, KL | — |
| 42 | RL Bullion | Ashish | Chennai, TN | www.rlbullion.in |
| 43 | Sangam Bullion | Sandeep M | Madurai, TN | www.sangambullion.in |
| 44 | Sanghvi Silver Mart | Lalith Sanghvi | Chennai, TN | — |
| 45 | Shiv Sahai & Sons India Pvt Ltd | Ganesh & Vinay Agarwal | Chennai, TN | www.shivsahai.com |
| 46 | Shiva Shakti Bullion | Sudhir & Anil Chavan; Yashwant Rao Chavan | Thrissur, KL | — |
| 47 | Shree Ambika Bullion | Chetan Kumar Bhandari | Chennai, TN | — |
| 48 | Siddh Bullion Mart | Raj Kumar & Dharnendar S | Chennai, TN | www.siddhbullionmart.co.in |
| 49 | SJ Bullion | Subhankar Vinod Kumar | Chennai, TN | www.sjbullion.net |
| 50 | SJS Gold Private Limited | Sunil Jaihind Salunkhe | Thrissur, KL | www.sjsgold.com |
| 51 | SK Bullions | Nivas Pawar Bhimarao | Kunnamkulam, KL | — |
| 52 | SLN Bullion Pvt Ltd | Srinivasulu Kunchiparthi; Balaji P Puppy Chetty | Chennai, TN | www.slnbullion.com |
| 53 | Sri Dhanalakshmi Jewellers | Goutam Kothari; Nitesh Kumar B. Jain | Rajahmundry, AP | — |
| 54 | Sri Dharshana Bullion | Venkatesh T Thangavel | Coimbatore, TN | — |
| 55 | Sri Dhikshaa Bullion | VB Vimal | Coimbatore, TN | www.sridhikshaabullion.com |
| 56 | Sri Kalinga Kawad Bullion | Hemanth Kawad | Bengaluru, KA | www.kalingakawad.com |
| 57 | Sri Pambiah Bullion | V. Madhavan | Coimbatore, TN | www.sripambiahbullion.com |
| 58 | Sri Roonwal Bullion Pvt Ltd | Praveen Roonwal | Chennai, TN | www.roonwalbullion.com |
| 59 | Sri Sai Melting Shop | Chandrakanth; Jagannath Bagal | Chennai, TN | — |
| 60 | Sri SS Bullion | S. Sri Kumaran | Coimbatore, TN | www.srissbullion.com |
| 61 | Sri Suswani Bullion Pvt Ltd | S Aarav Surana & Rahul P | Chennai, TN | www.suswanibullion.com |
| 62 | Sri UKS Spot | Nagaraju & Ganesh Pinninti | Vijayawada, AP | www.uksspot.com |
| 63 | Sri Vishnu Silver | Gopinath Raja | Salem, TN | — |
| 64 | Srii Dhanapathi Bullion | Santhosh Kumar Sanakaran | Coimbatore, TN | www.sdjbullion.com |
| 65 | Srimann Swarna Bullion LLP | Prathap Nujerla | Chennai, TN | www.smsbullion.com |
| 66 | Srinivasa Bullion | Subramanian Thiyagarajan | Coimbatore, TN | — |
| 67 | Surabi Bullion | Vasudevan Kuppuraj; K. Karthik Surabi | Coimbatore, TN | surabibullion.com |
| 68 | Surekha Gold Pvt Ltd | Jijo K G | Muvattupuzha, KL | — |
| 69 | AMS Bullion | Kushal & Shreyans Badola | Chennai, TN | www.amsbullion.com |
| 70 | Tirupati Balaji Jewellers | G. Nemichand Jain | Secunderabad, TG | www.tirupatibalajijewellers.in |
| 71 | Tirur Bullion Trading Centre | Abdul Azeez Vellathur | Tirur, KL | — |
| 72 | Vandhana Gold | Hiten Gowani | Vijayawada, AP | www.vandhanagold.com |
| 73 | Vardhman Jewellers | Kamal Siyal | Coimbatore, TN | — |
| 74 | Vasant Bullion Pvt Ltd | Sharad & Vijaykumar VG | Chennai, TN | www.vasantbullion.in |
| 75 | Vijay Bullion | Vijay N | Salem, TN | www.vijaybullion.com |
| 76 | Vijetha Bullion | Aashiish Bagmar | Chennai, TN | www.vjbullion.com |
| 77 | Vipul Gold Jewellery | J. Kishore Kumar | Chennai, TN | www.vipulgold.com |
| 78 | GK Gold & Ramson and Grandson Jewellers Pvt Ltd | Krupan Kumar Guggilla | Hyderabad, TG | www.gkgold.in |
| 79 | BN Trading Company | Dilip; Deepak | Ernakulam, KL | — |
| 80 | Emerald Jewel Industry India Limited | K Srinivasan | Coimbatore, TN | www.ejindia.com |
Five States and 100 Bullion Houses
The final founder-member section continues with Vardhman Jewellers, Vasant Bullion Pvt Ltd, Vijay Bullion, Vijetha Bullion, Vipul Gold Jewellery, GK Gold & Ramson and Grandson Jewellers Pvt Ltd, BN Trading Company and Emerald Jewel Industry India Limited. The section again highlights “5 STATES 100 BULLION HOUSES ONE UNITED FORCE.”
SIBA’s Vision and Mission
SIBA states that it exists to make every bullion dealer in South India strong, informed and respected. It describes itself as a body that runs on trust, grows on knowledge and speaks with one voice, with the stated aim that no member stands as a spectator and that what was once the privilege of a few becomes the right of every one of us.
Knowledge
Under Knowledge, SIBA states that engagement zones go live so members can practise the market on simulated lots, building skill without risking capital, backed by regular structured training in hedging, compliance, GST, accounts and risk.
Discipline
Under Discipline, SIBA outlines a standard practice code for billing, delivery and settlement. The association states that this turns the member directory into a working dealer to dealer business network, and that SIBA files its first formal representation to the state government.
Voice
Under Voice, SIBA states that its ambassadors will be seated before state and central government on duty, GST and policy, carrying the trade’s position directly to the people who decide it.
Standing
Under Standing, SIBA outlines working relationships with the exchange, refineries, banks and nominated agencies, brought together every year at the annual SIBA Summit, described as the biggest bullion gathering in South India.
The Standard
Under The Standard, SIBA states that recognised membership becomes a mark of trust in the market, held up by data and rate discipline across South India.
Protection
Under Protection, SIBA outlines a compliance desk running one short advisory a month and a helpline covering GST on bullion, TCS and TDS, PMLA reporting duties, the 269ST cash limits and HUID. The association states that most losses in this trade are compliance losses, not price losses.
FAQs
When will the South India Bullion Association launch and inaugurate its newly elected team?
The launch and inauguration will take place on 27th September 2026, Sunday.
Where will the SIBA launch and inauguration be held?
The event will be held at Radisson Blu Hotel & Suites, GRT, Near Airport, Chennai.
What time will the SIBA event take place?
The main event is scheduled from 11.00 AM to 02.00 PM.
Who is the Elected President of SIBA?
Surabi Karthik of Surabi Bullion, Coimbatore, TN, is the Elected President.
Who is the Elected Secretary of SIBA?
Ankit Jain of DP Gold Private Limited, Nellore, AP, is the Elected Secretary.
Who is the Executive VP of SIBA?
Mukesh Badola of AMS Bullion, Chennai, TN, is the Executive VP.
Who is the Elected Treasurer of SIBA?
K. Srinivasulu of SLN Bullion, Chennai, TN, is the Elected Treasurer.
Who is the Chief Guest at the SIBA launch and inauguration?
Rajesh Rokde, Chairman, All India Gem & Jewellery Domestic Council, is listed as the Chief Guest.
What will be launched and unveiled at the event?
The official website will be launched and the SIBA logo will be unveiled by the guests.
How many states and bullion houses does SIBA represent?
SIBA highlights “5 STATES” and “100 BULLION HOUSES” under “ONE UNITED FORCE.”
What are the key focus areas in SIBA’s vision and mission?
The stated focus areas are Knowledge, Discipline, Voice, Standing, The Standard and Protection.
Source: SVAR Media Network
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