Mr. Rohit Kumar _ Lot1:uilding Scrap (Iron/MS Scrap of Building sheds & Angles)

Specification

Item Id	1233
Category	Mr. Rohit Kumar _ Lot1:uilding Scrap (Iron/MS Scrap of Building sheds & Angles)
Manufacture name	Insured- Mr. Rohit Kumar
Model name	Mr. Rohit Kumar _ Lot1:Building MS/IRON Scrap
Model number	2025
Production date	31-May-2025
Location	Industrial Area, Patiala, Punjab`
Market Maker	meenakshi@salvagemanagers.com
Sound Invoice Value	Rs. 1,00,000.00 / MT
Quantity	15 MT
Sound Invoice Lot Value	Rs. 15,00,000.00
Reserve Price	Rs. 25,000.00 / MT
Reserve Price Lot Value	Rs. 3,75,000.00

Remaining Time

Ongoing Lot Bid	Rs. 0.00
Current Bid	Rs. 0.00 / MT
Incremental Bid	/ MT
Next Minimum Bid	/ MT

Expired

Details

Salvage Material :

Lot No.

Item ID

Quantity

Effected material in detail

Reserve Rate

Per MT

Exclusive GST

Incremental Bid

Basis Of Auction

As per the actual weight

Building Scrap

(Iron/MS Scrap)

Rs. 25,000/-

Rs. 1000/- per MT

Per MT

As per the actual weight

Building Scrap

(Bricks & Malwa)

Rs. 3,00,000/-

Rs. 20,000/-per Lot

Per Lot

Note: The auction will be conducted strictly on an “As Is, Where Is,” “Whatever There Is,” and “No Complaint” basis. Interested bidders are advised to carry out their own due diligence and verify the condition, quantity, quality, and all other particulars of the assets through physical inspection prior to participating in the auction. No claims, representations, or complaints will be entertained after the auction under any circumstances. Bidders shall be deemed to have satisfied themselves in all respects before placing their bids.

The auction is being conducted as follows:

· Lot–1: Iron Scrap – on a Per MT basis. Material will be lifted as per actual weighment

· Lot–2: Building Scrap (Bricks & Malwa) – on a Per Lot basis.

All labour, cutting; dismantling, loading, transportation and related activities will be at the buyer’s cost and responsibility. Bidders are advised to consider these additional expenses while placing their bids.

	Inspection of the salvage	EMD Deposit	e-Auction	Security Deposit	Balance Amount	Lifting
Date	19.11.2025	19.11.2025	20.11.2025	Rs. 1,00,000/- within 24 Hours of Tender acceptance (this amount will be adjusted on final/last vehicle delivery)	Per Vehicle Advance payment as per actual weighment for Lot 1 & Full advance payment for Lot – 2 in next 2 days	Within 25-30 days
Time	10 AM To 5 PM	Banking Hours	3 PM TO 5 PM
Note	With prior appointment	Check banking days and hours	05 Minutes of Dynamic Time applicable

EMD Amount	Rs. 1,00,000/-	To be deposited one day prior to e-Auction
e-Auction Facilitation Fee	Rs. 100/- plus 18%CGST	To be deposited one day prior to e-Auction
Security Deposit Amount	10% of the final bid value	To be deposited within 24 hours of “H1” declaration
Taxes	GST@5%	@ 18% on Services / Fee

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

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