Fire scrap damaged Plant & Machinery, Electrical Equipment, Office Equipment, Furniture & Fixtures and Packing Materials (As per Annexure Attached) at Raichur KTK


Specification

Item Id 1205
Category Non-Motor / Property items
Manufacture name Insured -M/s. Raichur Laboratories Pvt. Ltd.
Model name Fire scrap damaged Plant & Machinery, Electrical Equipment, Office Equipment, Furniture & Fixtures and Packing Materials (As per Annexure Attached)
Model number DOL -29.04.2023
Production date 22-Apr-2023
Location Yermaras, Raichur, Karnataka
Market Maker meenakshi@salvagemanagers.com
Sound Invoice Value Rs. 16,00,00,000.00 / LOT
Quantity 1 LOT
Sound Invoice Lot Value Rs. 16,00,00,000.00
Reserve Price Rs. 4,02,02,882.00 / LOT
Reserve Price Lot Value Rs. 4,02,02,882.00
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)

Fire scrap damaged Plant & Machinery, Electrical Equipment, Office Equipment, Furniture & Fixtures and Packing Materials

(As per Annexure Attached)

Approx. -595.978 MT

Note: The above-mentioned quantities and details are approximate and provided strictly for reference purposes only. No assurance, guarantee, or warranty is given as to the accuracy or completeness of the same. This is expected quantity, composition and total weight which can vary to any extent hence the entire lot is only available. It is to note that the complete lot is to be lifted without any weightment.

The auction will be conducted in a single lot on an “As Is, Where Is,” “Whatever There Is,” and “No Complaint” basis. Interested bidders are advised to undertake their own due diligence and verify the condition, quantity, and other particulars of the assets through physical inspection prior to participating in the auction.

No claims, representations, or complaints shall be entertained after the auction under any circumstances. Bidders are deemed to have satisfied themselves in all respects before placing their bids.

Complete Salvage Address for Inspection

M/s. Raichur Laboratories Pvt. Ltd. Plot Nos.126-129, Industrial Growth Centre, Chicksugur, Raichur-584134, Karnataka 

Contact person for inspection

(Name, Number)

Mr. Vijender Medamoni

9618166477

Reserve Rate / Value

Basis of Auction

Rs. 4,02,02,882/- (Exclusive of GST)

On Lot basis only

Timetable:



































 



Inspection of the salvage



EMD Deposit



e-Auction



Security Deposit



Balance Amount



Lifting



Date



13.08.2025



13.08.2025



14.08.2025



10% SD amount
of Total Value Fetched Within 24 Hours of 
confirmation/Approval


 


·
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.



· Floating amount: 
The successful bidder shall remit 25% of the total bid value
within 48 hours from the confirmation of sale, following the payment
of the required security deposit. Upon receipt of this payment, the
buyer may commence cutting or preparatory work at the site & can
lift material against this floating amount


· The balance advance payment must be
completed in a maximum of 3 further instalments, within 15 days



Within 65 days



Time



10 AM TO 5 AM



Banking Hours



From 2 PM TO 4 PM



Note



With prior appointment



Check banking days and hours



05 Minutes of Dynamic Time applicable




 



Commercials / TAXES / fee
table:
























EMD Amount



Rs.
40,00,000/-



To be deposited one day prior
to e-Auction



e-Auction Facilitation Fee



Rs.
5,000/- plus GST



Security Deposit Amount



10%
of the final bid value



To be deposited within 24 hours
of “H1” declaration



Taxes



As
applicable



@ 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

Fire scrap damaged Plant & Machinery, Electrical Equipment, Office Equipment, Furniture & Fixtures and Packing Materials  (As per Annexure Attached) at Raichur KTK Fire scrap damaged Plant & Machinery, Electrical Equipment, Office Equipment, Furniture & Fixtures and Packing Materials  (As per Annexure Attached) at Raichur KTK Fire scrap damaged Plant & Machinery, Electrical Equipment, Office Equipment, Furniture & Fixtures and Packing Materials  (As per Annexure Attached) at Raichur KTK Fire scrap damaged Plant & Machinery, Electrical Equipment, Office Equipment, Furniture & Fixtures and Packing Materials  (As per Annexure Attached) at Raichur KTK Fire scrap damaged Plant & Machinery, Electrical Equipment, Office Equipment, Furniture & Fixtures and Packing Materials  (As per Annexure Attached) at Raichur KTK Fire scrap damaged Plant & Machinery, Electrical Equipment, Office Equipment, Furniture & Fixtures and Packing Materials  (As per Annexure Attached) at Raichur KTK Fire scrap damaged Plant & Machinery, Electrical Equipment, Office Equipment, Furniture & Fixtures and Packing Materials  (As per Annexure Attached) at Raichur KTK Fire scrap damaged Plant & Machinery, Electrical Equipment, Office Equipment, Furniture & Fixtures and Packing Materials  (As per Annexure Attached) at Raichur KTK Fire scrap damaged Plant & Machinery, Electrical Equipment, Office Equipment, Furniture & Fixtures and Packing Materials  (As per Annexure Attached) at Raichur KTK Fire scrap damaged Plant & Machinery, Electrical Equipment, Office Equipment, Furniture & Fixtures and Packing Materials  (As per Annexure Attached) at Raichur KTK Fire scrap damaged Plant & Machinery, Electrical Equipment, Office Equipment, Furniture & Fixtures and Packing Materials  (As per Annexure Attached) at Raichur KTK Fire scrap damaged Plant & Machinery, Electrical Equipment, Office Equipment, Furniture & Fixtures and Packing Materials  (As per Annexure Attached) at Raichur KTK Fire scrap damaged Plant & Machinery, Electrical Equipment, Office Equipment, Furniture & Fixtures and Packing Materials  (As per Annexure Attached) at Raichur KTK Fire scrap damaged Plant & Machinery, Electrical Equipment, Office Equipment, Furniture & Fixtures and Packing Materials  (As per Annexure Attached) at Raichur KTK Fire scrap damaged Plant & Machinery, Electrical Equipment, Office Equipment, Furniture & Fixtures and Packing Materials  (As per Annexure Attached) at Raichur KTK Fire scrap damaged Plant & Machinery, Electrical Equipment, Office Equipment, Furniture & Fixtures and Packing Materials  (As per Annexure Attached) at Raichur KTK Fire scrap damaged Plant & Machinery, Electrical Equipment, Office Equipment, Furniture & Fixtures and Packing Materials  (As per Annexure Attached) at Raichur KTK Fire scrap damaged Plant & Machinery, Electrical Equipment, Office Equipment, Furniture & Fixtures and Packing Materials  (As per Annexure Attached) at Raichur KTK Fire scrap damaged Plant & Machinery, Electrical Equipment, Office Equipment, Furniture & Fixtures and Packing Materials  (As per Annexure Attached) at Raichur KTK Fire scrap damaged Plant & Machinery, Electrical Equipment, Office Equipment, Furniture & Fixtures and Packing Materials  (As per Annexure Attached) at Raichur KTK
Contact Salvage Manager about this items/lot.
Phone :Meenakshi Gupta- 9625137014
Email :meenakshi@salvagemanagers.com

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