Company Profile

Axiom Limited was incorporated in Hong Kong in September 2010 with an objective of capturing the potential of the precious metals markets in the Far East Asian region.

The Company primarily deals in Gold and Silver and has now diversified to base metals. Although, so far the company has laid emphasis on sourcing silver from Hong Kong, the company now intends to position itself as a supplier of gold to the region.

Axiom Limited maintains relations and has business dealings with all major bullion bank viz J.P. Morgan, Standard Bank, HSBC, ABN Amro, United Overseas Bank, Bank of Nova Scotia as well as private suppliers viz Argor Heraeus, Rand refinery, etc.

The beneficial owner of the Company is Mr. Vinod Bansal. Prior to shifting to Hong Kong, Mr. Vinod Bansal has been a promoter director of M.D. Overseas Limited, India since its inception in 1983, till 2011. M.D. Overseas Limited is a well known name in the international as well as the Indian Bullion community. The company has a network of almost 10 branches spread all over India and has an average annual turnover of around USD 2 billion. The Company is a member of the LBMA and has a nominated agency status conferred by the Commerce Ministry of India for the purpose of imports of Bullion in the country. The main counter parties to M.D. overseas limited are the major bullion dealing banks viz J.P. Morgan, Credit Suisse, Standard Chartered, Standard Bank, Bank of Nova Scotia, HSBC, Natixis, Julius Baer as well as private suppliers viz AGR Mathey, Rand refinery, Valcambi, MKS Finance (PAMP), Bin sabt Jewellery etc.

Mr. Bansal being a promoter director of M.D. Overseas Limited has always been involved in the day to day affairs of dealing with the suppliers mentioned above as well as with the bankers for the financial arrangements and has an in depth knowledge of the intricacies of the bullion business.