Where Experience
Meets Precision

Decades of refining gold and silver
with proven processes and operational excellence
About Mahavir Refinery

About MBR Pvt. Ltd.

Mahavir Bullion & Refinery Private Limited (MBR), are in the business of providing Gold refining and Bar/Coin Minting services to various Refineries and Bullion Traders across India.

MBR specializes in providing Gold Dore and Silver Dore refining services.

MBR also has its expertise in providing refining services for scrap and old jewelry for jewelers for both studded and un-studded jewelry.

MBR also has its own state of the art, NABL and BIS accredited Gold /Silver refinery situated at MIDC, TTC Industrial Area, Thane Belapur Road, Pawane, Thane – 400614.

About MBR Pvt. Ltd.

MBR Pvt. Ltd. (Mahavir Bullion & Refinery Pvt. Ltd.) brings over three decades of specialized experience in refining, minting, and precious metal logistics. Established in 1989, the company has grown into one of India’s leading bullion service providers known for technologically advanced systems, stringent evaluation methods, and a service approach grounded in trust.
Backed by ISO 9001 certification and NABL-approved laboratories, every stage of our operations follows rigorous protocols with detailed supervision. Whether it involves refining pure metals or managing secure logistics, our processes are structured to uphold accuracy and stability across all client engagements.
Mahavir Bullion & Refinery Private Limited (MBR) delivers Gold and Silver refining services along with Bar and Coin Minting solutions to refineries and bullion traders across India. The company specializes in Gold Dore and Silver Dore refining and extends its refining proficiency to scrap and old jewellery for jewelers, including both studded and un-studded categories.
MBR operates its own state-of-the-art NABL and BIS accredited Gold and Silver refinery located at MIDC, TTC Industrial Area, Thane Belapur Road, Pawane, Thane – 400614.

Past History and Experience

The management of MBR has an experience of over 20+ years in the field of Gold Dore and Silver Dore refining services through Aqua Regia Process and have refined 1000+ Tons of Gold till date.

Such vast experience and its skilled manpower makes MBR the best Refining Contractor in the industry promising the most cost efficient and quick refining process for the benefit of the Refineries, Bullion Traders and jewelers.
The Management of MBR have provided their services in all the geographical locations across India with its main base being Mumbai.

Past History and Experience

The management of MBR carries over 20 years of experience in Gold Dore and Silver Dore refining using the Aqua Regia process, having refined 1000 plus tons of Gold till date. This deep experience, combined with skilled manpower, positions MBR as a leading Refining Contractor offering cost-efficient and quick refining services to refineries, bullion traders, and jewelers.
Over the years, the management has delivered services across India with Mumbai as the principal base of operations.
Each year, MBR strengthens its capabilities through upgrades in plant design, process control systems, and client support. Whether it is a refined bar or a logistical requirement, every deliverable reflects disciplined routines, investment in people and technology, and sustained operational grip.
Vision
To be the most trusted technical and operational partner in the precious metals ecosystem, known for uncompromised standards and procedural sharpness.
Mission
To continually raise benchmarks in refining, transport, and assay systems by fusing technical depth with client responsiveness and to operate with the kind of consistency that allows others to rely on us without second-guessing.

Infrastructure Strength

Our infrastructure reflects the scale and seriousness with which we operate. MBR runs advanced refining plants for both gold and silver, backed by an NABL-approved in-house laboratory. The refining systems are designed for high-purity extraction and are equipped with electric furnaces for uniform smelting.

We operate across two critical vaulting and logistics points:

• Zaveri Bazar, Mumbai
• Vashi, Navi Mumbai
Each is integrated with real-time surveillance, restricted access control, fireproofing, and secure transit bays. These facilities form the operational base for our bullion movement and handling.

Hands That Set the Standard

MBR’s leadership team brings deep operational exposure developed across decades. Their involvement strengthens process discipline, oversight, and execution across all divisions. This collective experience sustains stability and long-term alignment.

Mr. Jitendra Deshmukh

Mr. Jitendra Deshmukh

Founder and Managing Director
Mr. Jitendra Deshmukh

Mr. Rishikesh Deshmukh

Director
Mr. Jitendra Deshmukh

Mr. Rajendra Deshmukh

Director
Mr. Jitendra Deshmukh

Mr. Vishwajeet Deshmukh

CO-Founder

Industries we serve

MBR serves a wide spectrum of clients, including jewellers, bulk traders, financial entities, and industrial buyers. Our systems are designed to accommodate varied volumes and frequency of trade while maintaining uniform control across transactions. Repeat partnerships have grown on the strength of our work structure, communication discipline, and attention to client-side detailing.

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