Lumino Banda RDSS (DOL –20.05.2025 )_Damaged Scrap/Salvage Of Electrical Cables, Acsr Conductors And Associated items lying at Banda UP
Specification
| Item Id | 1282 |
| Category | Lumino Banda RDSS (DOL –20.05.2025 )_Damaged Scrap/Salvage Of Electrical Cables, Acsr Conductors And Associated items lying at Banda UP |
| Manufacture name | Insured -Lumino Industries Ltd. |
| Model name | Electrical Cables, ACSR Conductors and Associated Items pertaining to Banda RDSS (DOL-20.05.2025) |
| Model number | 2025-26 |
| Production date | 20-May-2025 |
| Location | Aliganj, Aliganj, Uttar Pradesh |
| Market Maker | meenakshi@salvagemanagers.com |
| Sound Invoice Value | Rs. 44,00,000.00 / LOT |
| Quantity | 1 LOT |
| Sound Invoice Lot Value | Rs. 44,00,000.00 |
| Reserve Price | Rs. 20,61,000.00 / LOT |
| Reserve Price Lot Value | Rs. 20,61,000.00 |
| Remaining Time
|
| Ongoing Lot Bid | Rs. 20,61,000.00 |
| Current Bid | Rs. 20,61,000.00 / LOT |
| Incremental Bid | / LOT |
| Next Minimum Bid | / LOT |
Details
|
Description of Goods & Salvage Quantity (as expected) |
Storm and Rain Water damaged scrap/salvage of Electrical Cables, ACSR Conductors and Associated Items pertaining to Banda RDSS (DOL-20.05.2025)
As per Annexure attached |
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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 |
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Complete Salvage Address for Inspection |
Lumino Industries Ltd. C/o Raj Kumar Lalwani, Tindwari Road, Larakapur WA, Banda, UP- 210001 |
Contact person for inspection (Name, Number) |
Mr. Surjeet Singh – 9304698179 |
|
Claimed/Invoice Value |
Rs. 40,00,000/- (Approx) |
Reserve Value |
Rs. 20,61,000/- (Exclusive of GST) |
| Inspection of the salvage | EMD Deposit | e-Auction | Security Deposit | Balance Amount | Lifting |
Date | Upto 01.04.2026 | Upto 01.04.2026 | 02.04.2026 | 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
| Within 10-15 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. 2,00,000/- | To be deposited one day prior to e-Auction |
e-Auction Facilitation Fee | Rs. 500/- 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
| Documents | |
|---|---|
| Document 1 : | Tender Notice Lumina Banda RDSS (dol-..).pdf |
| Document 2 : | Participation Form Lumina Banda RDSS (dol-..).pdf |
| Document 3 : | GENERAL TERMS AND CONDITIONS Insurance Items.pdf |
| Contact Salvage Manager about this items/lot. | |
|---|---|
| Phone : | Meenakshi Gupta -9625137014 |
| Email : | meenakshi@salvagemanagers.com |
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