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Shirpur Gold Refinery

Shirpur Gold Refinery is an Indian precious-metals refining company headquartered in Mumbai and operating a large refinery complex in Maharashtra.

Last updated August 31, 2026

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History

Shirpur Gold Refinery is described in the available reference as a greenfield precious-metals refinery headquartered in Mumbai, with industrial operations in Shirpur and Dhule in Maharashtra. The supplied material does not state a founding year or identify an individual founder. Instead, it attributes the company's promotion to the Patel brothers of the Autoriders Group. The refinery was established as a substantial industrial complex covering approximately 50 acres. Its reported construction cost was ₹2.5 billion, and the facility was designed with annual installed capacity of 217 metric tonnes each for gold and silver. The reference characterizes the plant as technologically advanced and notes that the complex owns an airport with facilities for landings at any time of day. These features indicate an operating model built around high-value materials, specialized processing infrastructure, and secure logistics, although the source does not provide detailed information about the refinery's processes, certifications, customers, or output brands. Shirpur Gold Refinery operates as a public limited company. Its shares are reported to be listed on both the Bombay Stock Exchange and the National Stock Exchange of India. The supplied source does not provide a ticker symbol, listing date, market capitalization, financial statements, or details of subsequent capital-market activity. The company is also associated with Zee Gold, described as a subsidiary created through a joint venture with the Essel Group. Zee Gold reportedly holds 70 percent of Metalli Exploration And Mining, or MEAM, in Mali. This arrangement links the refinery group to mineral exploration and mining interests outside India. However, the available material does not explain the date of the joint venture, the nature of MEAM's assets, its production status, or how its activities relate operationally to the Maharashtra refinery. Beyond these facts, the supplied references do not document a detailed chronology of expansion, changes in ownership, management appointments, product launches, corporate campaigns, litigation, recalls, or recent strategic decisions. The company can therefore be documented with confidence as a publicly listed Indian gold and silver refining enterprise promoted by the Autoriders Group, while its broader corporate history requires additional verification.

  • Establishment of the Maharashtra refinery complex

    [1]

    The company established a greenfield precious-metals refinery complex at Shirpur and Dhule in Maharashtra, reportedly covering about 50 acres and designed to refine gold and silver at substantial annual capacity.

  • Public listing

    [1]

    Shirpur Gold Refinery is described as a public limited company whose shares are listed on the Bombay Stock Exchange and the National Stock Exchange of India.

  • Creation of the Zee Gold joint venture

    [1]

    The company became associated with Zee Gold, established through a joint venture with the Essel Group. Zee Gold reportedly holds 70 percent of Metalli Exploration And Mining in Mali.

Products and positioning

An industrial Indian precious-metals refinery emphasizing large-scale gold and silver processing capacity, advanced infrastructure, and public-company status.

  • Precious-metals refining

    Refined gold

    Gold refining is Shirpur Gold Refinery's principal reported industrial activity. The Maharashtra complex is described as having installed capacity to refine 217 metric tonnes of gold per year. The supplied source does not specify purity grades, branded bars, customer sectors, or distribution channels.

  • Precious-metals refining

    Refined silver

    Silver refining is the company's other major reported processing line. Installed annual silver-refining capacity is stated as 217 metric tonnes. No further information is supplied about silver formats, grades, downstream customers, or whether the output is sold under a distinct consumer brand.

Sources1 sources

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