Malabar Gold & Diamonds

6th largest jeweller in the world · 400+ showrooms · 13 countries · ₹51,000 Cr revenue · Since 1993

Malabar Gold & Diamonds is the 6th largest jewellery retailer in the world, founded in 1993 in Kozhikode, Kerala, with 400+ showrooms across 13 countries, ₹51,000 Cr annual revenue, BIS hallmarked gold, IGI certified diamonds and complimentary 1-year jewellery insurance.

Gems, Fine Jewelry & Luxury RetailKozhikode, Kerala Website
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Annual revenue
₹51,000 Cr
Showrooms
400+
Countries
13
Employees
21,000+
Global rank
#6 jeweller
Indian states
19

Signature Strengths

What this brand is known for

6th largest jeweller in the world — 400+ showrooms in 13 countries

Complimentary 1-year jewellery insurance on every purchase

BIS 916 hallmarked gold · IGI certified diamonds · PGI platinum

Buyback guarantee on all gold and diamond jewellery

One India One Gold Rate — uniform pricing across all Indian states

Buyer Confidence

Why customers choose this brand

6th largest jeweller globally — scale and trust at every location
Complimentary 1-year jewellery insurance — free with every purchase
BIS 916 hallmarked gold, IGI certified diamonds, PGI certified platinum
Buyback guarantee for all gold and diamond jewellery
Lifetime free maintenance and repair — manufacturing defects covered
One India One Gold Rate — same price across all Indian states
Gold sourced through London Bullion Market Association — responsibly
Every diamond passes 28 internal quality tests before sale
7-day exchange without deduction in original condition
IPO-bound company — transparent and audited operations
₹200 crore CSR initiatives for FY 2026-27

Customer Protection

Policies & Guarantees

Commitments this brand makes to every customer.

Shipping Policy
Shipping available on online orders across India and internationally.
Exchange & Returns Policy
Gold jewellery can be exchanged within 7 days without any deduction, provided it is in original condition and returned to the same store. QC process up to 4 days for exchange/buyback.
Quality Guarantee & Insurance
BIS 916 hallmarked gold. IGI certified diamonds — 28 internal quality tests. PGI certified platinum. Complimentary 1-year jewellery insurance against burglary, fire and extortion. Free lifetime maintenance and repair (manufacturing defects covered).
Privacy Policy
Terms & Conditions

Brand Comparison

How this brand compares

Side-by-side comparison with similar brands in the category.

BrandRatingReviewsRecommendOutlets
MG
Malabar Gold & Diamonds
0
400
TQ
Tanishq
0
400
KY
Kalyan Jewellers
0
316
JA
Joyalukkas
0
190
JA
Jos Alukkas
0
60

Jewellery Collections

Explore the collections

Handcrafted pieces for every occasion and milestone.

Brides of India
Brides of IndiaCelebrating every Indian bridal tradition
NUWA
NUWANatural diamonds inspired by nature's patterns
MinePremium diamond jewellery
PreciaGold jewellery
EraDiamond jewellery
DivineGold jewellery
EthnixDesigner jewellery
StarletGold jewellery

Brand Media

Brand in action

Brides of India collection
Brides of India collection
NUWA — Natural Diamond Collection
NUWA — Natural Diamond Collection

In-store Services

Services offered

Expert services available at their showrooms and service centres.

Complimentary 1-Year Jewellery Insurance
Free jewellery insurance against burglary, fire and extortion for 1 year from date of purchase — on every Malabar purchase.
Free Lifetime Maintenance & Repair
Lifetime free maintenance and repair of Malabar jewellery. Manufacturing defects covered at no charge.
Gold Buyback
Cash buyback guarantee on all gold and diamond jewellery at prevailing rates. Available at all India and GCC outlets.
Custom Jewellery
Design your own jewellery via shopmgd.com — innovate personally or upload an image for custom creation.
Store Locator
Find Malabar Gold & Diamonds stores across India and 12 other countries.
Corporate Gifting
Customised corporate jewellery and gifting solutions for milestones and rewards.

Financial Options

Savings & jewellery schemes

Flexible plans to help you save and invest in gold jewellery.

Popular
Malabar Gold Purchase Plan
gold_savings
  • Monthly savings plan toward jewellery purchase
  • Redeem at any Malabar Gold & Diamonds showroom
Learn More
Advance Payment Gold Price Lock
price_lock
6 monthsduration
  • Pay full advance and lock gold price — choose booking or delivery date rate
  • Take delivery within 6 months of booking date
Learn More

Material Standards

Purity & Metals

BIS-hallmarked jewellery with certified purity across all product lines.

Gold Purity

22K916All gold jewellery — BIS hallmarked
18K750Diamond jewellery settings
24K999Gold coins and bars
BIS Hallmarked & Certified

Metals Offered

Yellow GoldRose GoldWhite GoldPlatinumDiamondGemstone

Brand Family

Sub-brands & labels

Distinct collections and labels under the same trusted house.

Mine
Premium diamond jewellery sub-brand
Precia
Gold jewellery collection
Era
Diamond jewellery collection
Divine
Gold jewellery collection
Ethnix
Designer jewellery collection
Starlet
Gold jewellery collection
Malabar Watches
Luxury watch retail network across India

Our Story

About Malabar Gold & Diamonds

Founded in 1993 by M.P. Ahammed in Kozhikode, Kerala, Malabar Gold & Diamonds is the flagship company of the Malabar Group — a diversified conglomerate with 12 business verticals. Starting from a single store focused on selling only 22-carat gold with transparent buyback guarantees, Malabar has grown into the 6th largest jewellery retailer in the world with an annual revenue of ₹51,000 crore in FY24, 400+ showrooms across 13 countries, and over 21,000 employees. The brand pioneered the 'One India One Gold Rate' initiative offering uniform gold pricing across all Indian states, sources gold responsibly through the London Bullion Market Association, and offers complimentary 1-year jewellery insurance, BIS 916 hallmarked gold, IGI-certified diamonds and PGI-certified platinum on every purchase. The group headquarters (MHQ) is in Kozhikode, with national operations managed through Malabar National Hub (MNH) in Mumbai and international operations through Malabar International Hub (MIH) at Dubai's Gold Souk Extension. The company also owns Malabar Watches, a luxury watch retail network. IPO preparations are underway with a target listing year of 2026-27.

1993

M.P. Ahammed founds Malabar Gold & Diamonds in Kozhikode, Kerala. Single store focused on 22K gold, buyback and lifetime maintenance.

2000s

Rapid expansion across South India and GCC countries. Pioneers responsible sourcing through London Bullion Market Association.

2015

One of the manufacturing partners for the Dubai Celebration Chain — Guinness World Record.

2018

Opens 11 stores across 6 countries in a single day — a new record. Inaugurated by Anil Kapoor.

2020

Launches One India One Gold Rate — uniform gold pricing across all Indian states.

2022

First beneficiary of India-UAE CEPA — exports jewellery from India to UAE with tax concession.

2023

Launches 300th global showroom in Dallas, USA. Opens world's largest jewellery showroom in Kozhikode — 1,10,000 sq ft. Expands to London.

2025

Opens 2nd Australian showroom in Melbourne. Launches NUWA natural diamond collection with Nimrat Kaur.

2026

₹5,200 crore capex plan — 50 new stores in FY27. Opens largest manufacturing hub in Hyderabad. ₹200 Cr CSR initiatives announced.

IPO

IPO preparation underway. Consolidating 50+ companies into one holding entity. Target: 2026-27 listing.

The Team

Leadership

M.P. Ahammed
Chairman & Founder
Shamlal Ahammed
Managing Director — International Operations

Get in Touch

Contact & Social

Headquarters
Kozhikode, Kerala, India
Founded
1993

Find Us

Store Locations

6 showrooms across India.

Malabar Group Headquarters (MHQ)Global HQ

Ram Mohan Road, Chindhavalappu, Palayam, Kozhikode

Malabar National Hub (MNH)National Hub

Mumbai, Maharashtra

Malabar International Hub (MIH)International Hub

Gold Souk Extension, Deira, Dubai

Malabar Gold & Diamonds — Kozhikode (World's Largest Jewellery Showroom)World's Largest

Kozhikode, Kerala

400+ Showrooms across India and 13 countries
Malabar Gold & Diamonds — Largest Manufacturing Hub, HyderabadManufacturing Hub

Hyderabad, Telangana

Discover

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FAQ

Frequently asked about Malabar Gold & Diamonds

Yes. All Malabar Gold jewellery is BIS 916 hallmarked — certifying 91.6% purity on every piece. Diamonds are IGI certified and platinum is PGI certified.

Yes. Malabar Gold provides complimentary 1-year jewellery insurance against burglary, fire and extortion on every purchase at no extra charge.

Yes. Malabar Gold offers a buyback guarantee on all gold and diamond jewellery. Cash buyback is available at all India and GCC outlets. Standard deductions apply and QC takes up to 4 days.

Launched in 2020, One India One Gold Rate is Malabar's initiative offering uniform gold pricing across all Indian states — so you pay the same price regardless of which state you buy from.

Yes. Malabar provides free lifetime maintenance and repair on all jewellery purchased from their stores. Manufacturing defects are covered at no charge. Stone replacements and gold additions will be charged.

Gold jewellery can be exchanged within 7 days without any deduction, provided it is in original condition and returned to the same store where it was purchased.

Malabar Gold & Diamonds has 213 showrooms across 19 Indian states. Use the store locator at malabargoldanddiamonds.com/us/stores/india to find the nearest store.

Yes. Malabar Gold & Diamonds is preparing for a public listing — consolidating 50+ group companies into one holding entity. The target listing year is 2026-27.

Call 9562-916-916 (store and scheme queries), +91 22 62300916 (corporate), WhatsApp +91 9167780916, or email [email protected].

Malabar Gold & Diamonds operates in 13 countries — India, UAE, Saudi Arabia, Kuwait, Bahrain, Oman, Qatar, Malaysia, Singapore, USA, UK, Canada and Australia.