Lumino Prayagraj RDSS (DOL-20.05.2025)_Damaged Scrap/Salvage Of Electrical Cables, Acsr Conductors And Associated items lying at Pratapgarh, UP


Specification

Item Id 1308
Category Lumino Prayagraj RDSS (DOL-20.05.2025)_Damaged Scrap/Salvage Of Electrical Cables, Acsr Conductors And Associated items lying at Pratapgarh, UP
Manufacture name Insured:M/S. Lumino Industries Ltd
Model name Electrical Cables, Acsr Conductors And Associ
Model number DOL- 20.05.2025
Production date 31-Dec-1899
Location Macandrewganj, Pratapgarh, Uttar Pradesh
Market Maker meenakshi@salvagemanagers.com
Sound Invoice Value Rs. 12,37,000.00 / LOT
Quantity 1 LOT
Sound Invoice Lot Value Rs. 12,37,000.00
Reserve Price Rs. 8,10,611.00 / LOT
Reserve Price Lot Value Rs. 8,10,611.00
Remaining Time
Ongoing Lot Bid Rs. 0.00
Current Bid Rs. 0.00 / LOT
Incremental Bid / LOT
Next Minimum Bid / LOT
Expired

Details

salvage material:

Description of Goods

&

Salvage Quantity

(as expected)

Storm and rain water Damaged Scrap/Salvage Of Electrical Cables, Acsr Conductors And Associated items pertaining to Prayagraj RDSS (DOL – 20.05.2025)

 

As per annexure attached

Note: the auction shall be conducted strictly on an “as is, where is,” “whatever there is,” and “no complaint” basis in a single lot. Annexures (detail list) is provided for reference. Interested bidders are strongly advised to conduct their own independent due diligence and physically inspect the assets to verify their condition, quantity, quality, and all other particulars before participating in the auction.

No stakeholder shall be responsible for any discrepancy relating to the description, condition, quantity, quality, or any other details of the assets. The buyer must independently verify all information and satisfy themselves prior to submitting their bid.

No claims, representations, objections, or complaints of any nature shall be entertained after the conclusion of the auction under any circumstances. Submission of a bid shall be deemed as confirmation that the bidder has inspected the assets and is fully satisfied in all respects.

Complete Salvage Address For Inspection

Lumino Industries Ltd,

Village Fulwari, Post-Teunga, Pratapgarh Katra Road, near BSS Academy, Dist. Pratapgarh, Uttar Pradesh-230001

Contact Person For Inspection

(Name, Number)

Mr. Sujay Kumar Pathak - 9455978220

Claimed/Invoice Value

Rs. 12,37,000/- (approx)

Reserve Value

Rs. 8,10,611/-

(Exclusive Of GST)


Timetable:



































 



Inspection of
the salvage



EMD Deposit



e-Auction



Security
Deposit



Balance
Amount



Lifting



Date



Upto 25.05.2026



Upto 25.05.2026



26.05.2026



10% SD amount of Total Value Fetched Within 24
Hours of  confirmation/Approval, this
amount will be adjusted during final loading


 


· Failure to comply with the above payment may
result in forfeiture of the EMD Amount deposit and cancellation of the
sale, without any further notice or liability.



Within
48 Hours (Post to 100% advance  payment
lifting will be allowed)


 



Within 5-7 days



Time



10 AM TO 5 AM



Banking Hours



From 3 PM TO 5 PM



Note



With prior
appointment



Check banking
days and hours



05 Minutes of
Dynamic Time applicable




 



Commercials / TAXES / fee table:
























EMD
Amount



Rs. 1,00,000/-



To
be deposited one day prior to e-Auction



e-Auction
Facilitation Fee



Rs. 100/- plus GST



Security
Deposit Amount



10%
of the final bid value



To
be deposited within 24 hours of “H1” declaration



Taxes



As
applicable


(18%
GST)



@
18% on Services / Fee




 



 



Bank Details for EMD DEPOSIT:





























Account
Name



Adwiti
Technocrats Pvt. Ltd.



Bank
Name



Axis
Bank Limited



IFSC
Code



UTIB0004770



Bank
Address



Sector-
27, Noida, U.P.



Account
Type



Current



Account
Number



916020025588082




 



Note: To participate please
complete Participation form & agree with General T&C

Lumino Prayagraj RDSS (DOL-20.05.2025)_Damaged Scrap/Salvage Of  Electrical Cables, Acsr Conductors And Associated items lying at Pratapgarh, UP Lumino Prayagraj RDSS (DOL-20.05.2025)_Damaged Scrap/Salvage Of  Electrical Cables, Acsr Conductors And Associated items lying at Pratapgarh, UP Lumino Prayagraj RDSS (DOL-20.05.2025)_Damaged Scrap/Salvage Of  Electrical Cables, Acsr Conductors And Associated items lying at Pratapgarh, UP
Documents
Contact Salvage Manager about this items/lot.
Phone :Meenakshi Gupta -9625137014
Email :meenakshi@salvagemanagers.com

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