• Greenply board, Ply, & Veneer - 763 Pcs Greenply board, Ply, & Veneer - 763 Pcs

Greenply board, Ply, & Veneer - 763 Pcs


Item Id 768
Category Greenply board, Ply, & Veneer - 763 Pcs
Manufacture name M/s Greenply Industries Ltd.
Model name Greenply board, Ply, & Veneer - 763 Pcs
Model number 2021
Production date 12-Dec-2021
Location Allahabad, Allahabad, Uttar Pradesh
Market Maker meenakshi@salvagemanagers.com
Sound Invoice Value Rs. 20,92,000.00 / LOT
Quantity 1 LOT
Sound Invoice Lot Value Rs. 20,92,000.00
Reserve Price Rs. 5,00,000.00 / LOT
Reserve Price Lot Value Rs. 5,00,000.00
Remaining Time
Ongoing Lot Bid Rs. 0.00
Current Bid Rs. 0.00 / LOT
Incremental Bid / LOT
Next Minimum Bid / LOT


Material Description

GST Inv. No.

Damage Qty.

Approx. Loss Amt.

Marine Gold Board BWP Premium






Marine Gold PLY BWP Premium



Optima G Board BWP






Optima G Ply BWP



Burma Teak NY Grade -Veneer




Burma Teak NY Grade - Veneer




Burma Teak NY Grade- Veneer




Burma Teak NY Grade - Veneer



763 Pcs


(These conditions override or supplement general T&C of this
participation form)

Disposal of the above material is being “As is Where is”, “Whatever
there is” and “No complaint” basis, held on following special conditions
specific to this E-Auction

1.    Basis of sale: The sale of offered goods is Per Lot basis exclusive of applicable GST/ taxes

2.    Deposits and Lifting: After depositing 100% advance payment within 3-5 days H1 shall be allowed to start
lifting. The seller has indicated that the site can be cleared within a period
of 7 to 10 working days from the date of receipt of delivery order by H1. Any
delay in doing the same, H1 shall be liable to pay ground rent for the salvage
quantity uplifted and yet remaining at site. The rates charged would be Rs.
1000 per MT per day.

3.    Incidental charges: All charges incidental to
loading, cutting and lifting of material will be borne by the H1 / Buyer. 

4.    Dynamic Time: The eAuction shall automatically
extend by 05 MINUTES in case someone enters a bid in the last
one minute of the remaining time in closure of auction. This shall continue
indefinitely until no one bids in the last one minute of the time remaining.
Bids in dynamic time can be placed by 50% of incremental bid value.

5.    Participation / Facilitation Fee = Rs. 200/- + 18%

6.    Information on invoicing: GST Certificate (3
Pages), Pan Card & Cancelled Cheque(Current Account)   

7.    Information on Taxes applicable: GST@18% 

1.    Earnest Money Deposit ( EMD) Information:

1.1.EMD is always 10% of the final bid
amount. To facilitate participation of more buyers, we (E-Auctioneer and MOA)
may allow participation at a lower amount than mandatory 10%. However H1 is
required to complete EMD amount before lifting of material.

1.3. The pre-bid / EMD and eAuction form to be deposited in physical form or
electronic form (NEFT + scanned form of EMD) to the 
8 business Hours in advance prior to e-Auction.

1.4. The EMD will not attract any interest & will be dealt with as per
the procedure mentioned below:-

1.4.1.   Wherever EMD is held by us, we are responsible for the return release.
Seller or MOA has no role of EMD forfeiting/retention for H3 & below. EMD
of H1 & H2 is at discretion and instructions of the seller and MOA.

1.4.2.   In case of unsuccessful bidders, (H3 & Lower) EMD is refunded
immediately after adjusting the facilitation fee, but not later than 7-10
working days from the completion of the E-Auction process subject to the terms
and conditions mentioned herein and at the website.

1.4.3.   EMD of the H2 bidder shall be retained for 10 days from the date of
approval of E-Auction. 

1.4.4.   If the H1 bidder fails to
minimum 50% payment (apart from
10% EMD) of the final bid value, within 3 days after
 he is declared H1 bidder, his EMD will be forfeited and H2 bidder
will be upgraded to status of H1 and has to honour the deal at the H2 bid value
with privileges and penalties of H1 bidder.

1.4.5.   The EMD of H1 will be adjusted once the complete payment is received by
the seller and also 
complete material is lifted by H1 bidder.
Also adjustment will be done for fee and expenses against EMD if the seller or
MOA has not paid for the same.

Contact Salvage Manager about this items/lot.
Phone :Meenakshi Gupta -9625137014
Email :meenakshi@salvagemanagers.com

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