Mr. Rohit Kumar: Lot2: Building Scrap (Bricks & Malwa)


Specification

Item Id 1234
Category Mr. Rohit Kumar: Lot2: Building Scrap (Bricks & Malwa)
Manufacture name iNSURED: Mr. Rohit Kumar:
Model name Mr. Rohit Kumar: Lot2: Building Scrap (Brick
Model number 2025
Production date 31-May-2025
Location Industrial Area, Patiala, Punjab
Market Maker meenakshi@salvagemanagers.com
Sound Invoice Value Rs. 20,00,000.00 / LOT
Quantity 1 LOT
Sound Invoice Lot Value Rs. 20,00,000.00
Reserve Price Rs. 3,00,000.00 / LOT
Reserve Price Lot Value Rs. 3,00,000.00
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 :

Lot No.

Item ID

Quantity

Effected material in detail

Reserve Rate

Per MT

Exclusive GST

Incremental Bid

Basis Of Auction

1

1233

As per the actual weight

Building Scrap

 (Iron/MS Scrap)

Rs. 25,000/-

Rs. 1000/- per MT

Per MT

2

1234

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.

Complete Salvage Address for Inspection

M/s. Jyoti Enterprises, Vill Khandoli, Backside Ram Auto World, Rajpura Punjab. 140401

Contact person for inspection

(Name , Number )

Mr. Rohit Kumar- 9888554960

 

Timetable:



































 



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




 



 



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 18%CGST



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




 



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

Mr. Rohit Kumar: Lot2: Building Scrap  (Bricks & Malwa)
Documents
Contact Salvage Manager about this items/lot.
Phone :Meenakshi Gupta -9625137014
Email :meenakshi@salvagemanagers.com

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