To be The Global Leader in the bullion market

To maximize the wealth generating capability of the firm in the competitive environment

"Anyone can count the seeds in an apple but only a visionary can count all the apples in one seed" -- truly so when Suresh Kumar Jain, Raja and Chinababu joined hands in the year 1998 to start the Visakha Bullion Corporation (VBC) at Visakhapatnam in Andhra Pradesh.

Aged and matured in the wisdom of tradition and experience, portraying trust in the market, accountability in operations, reliability in service and transparent and honest dealings with customers, the VBC took off to a flying start and has since been scaling newer untouched heights. A turnover of nearly 1 tonne its maiden year to over 40 tonnes in just over a decade is an undisputed fact of its unparalleled success.

Commencing operations in Visakhapatnam, VBC opened a branch in Vijayawada in the same year. Three more branches by the year 2011 at Rajahmundry, Nellore and Secunderabad which have all been synonymous to bullion in these cities, has made SVBC GOLD a market leader.

Originally called VBC, it was renamed Sri Visakha Bullion Corporation, only to be later rechristened as ‘SVBC GOLD’ in the year 2011. With its commitment to be the best and the zeal to operate nationally, SVBC GOLD merits such by drawing ambitious plans of opening more branches in the future.

In 1960, Sri Ghewar Chand Jain started the business in Nellore by opening Ghewar Jewellers for wholesale jewellery and after 15 years, moved to Visakhapatnam in 1975 and set up ‘Jain Jewellers’ at Kurupam Market.

With this background of three generations of tradition and trade knowledge and the principle 'Market Respect through Honesty', Mr. Suresh Kumar Jain entered the family business in 1980. Later his two younger brothers Mr. Mahendra Kumar Jain and Mr. Ranjit Kumar Jain also joined him and together they took the business forward and achieved greater success. In 1992, the first step to expansion began with setting up of ‘Hira Panna’ at Dwaraka Nagar and in 2006, ‘Sanghvi Jewellers’ at Rama Talkies. Sanghvi with a dedicated floor space of 2500sft each for Diamonds, Silver & Gold has truly become one among the top three jewellery showrooms in the city.

Mr. Suresh Kumar Jain took further strides and was appointed in 1997 as a Certified Official Gold Valuer and he acquired a keen interest in the bullion trade which led to the starting of SVBC GOLD as a Founder Partner in 1998.

He is also a member of the Indian Bullion and Market Association (IBMA) and deals in both the MCX and COMEX markets. He is also a member of the Gems & Jewelry Trade Federation (GJT) and the Treasurer to the Vizag Jewelry Association.

Mr. Suresh Kumar Jain is also a philanthropist and the force behind the Mahavir International Charitable Trust, Visakhapatnam.

In 1890, Sri Manchukonda Kodanda Ramaiah started a jewellery business in the old town area of Visakhapatnam. The business was succeeded by Sri M. Appalaraju and later, Sri M.V. Singaraiah. This business was taken over by Mr. M.Y. Subramanyam in 1982, after completion of his education.

M.Y. Subramanyam also called Raja along with his brother M.A. Sri Ranga, moved this business from old town to Rama Talkies Road and gave it the name “MVS JEWEL PARK”.

Having grown up in a business family and that too one with bullion trading as its business, Mr. Raja got an adequate exposure from a very early age. His interaction with his father and grandfather gave him all the knowledge and know-how required to be in the bullion business.

Today, MVS JEWEL PARK is one of the most trusted gold jewellery show rooms in Visakhapatnam.

With over 30 years of experience in the bullion trade and his strong beliefs of meticulous market analysis, reliability of service and quality customer care, Mr. Raja partnered VBC in the year 1998.

He is a member of the Indian Bullion and Market Association (IBMA) and deals in both the MCX and COMEX markets.

From a humble beginning, Mr. Chinababu is a first generation entrepreneur in the bullion trade with a solid market understanding since 1985. As an analyst, he studies extensively the bullion market and forecasts future trends. Having experienced every activity associated with gold trading, he has gained all the required skills and knowledge to be successful and has built a substantial customer base. When it comes to bullion, his technical anlysis gives his customers the extra edge which is evident in the market confidence he commands so much so that most of the traders in AP transact in gold on the screen rates fixed by him in SVBC GOLD.

The successful story of Mr. Chinababu’s growth is but only a mirror image of SVBC GOLD since 1998. His vision and foresight coupled with sheer hard work and dedication has truly given him the Midas touch.