Valley Iron (LOT-4) : AOD Parts -SS Scrap

Specification

Item Id	1291
Category	Valley Iron (LOT-4) : AOD Parts -SS Scrap
Manufacture name	Insured: Valley Iron & Steel co. ltd
Model name	Valley Iron (LOT-4) : AOD Parts -SS Scrap
Model number	2023
Production date	22-Mar-2023
Location	Paonta Sahib, Paonta Sahib, Himachal Pradesh
Market Maker	meenakshi@salvagemanagers.com
Sound Invoice Value	Rs. 3,54,500.00 / MT
Quantity	.028 MT
Sound Invoice Lot Value	Rs. 9,926.00
Reserve Price	Rs. 65,000.00 / MT
Reserve Price Lot Value	Rs. 1,820.00

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:

Description of Goods

Salvage Quantity

(as expected)

Fire damaged Electrical and Mechanical Items

(As per annexure Attached)

Lot No./ Item ID	Item Description	Material Component	UOM	Weight (MT)	Reserve Rate/ Value (in Rs.) excluding GST
Lot No./ Item ID	Item Description	Material Component	UOM	Weight (MT)	Unit Rate per MT. (Rs.)	Amount (Rs.)
1288	Aluminium Cable	Aluminium	MT	9.705	1,10,000	10,67,550.00
1289	Copper Cables	Copper	MT	1.0237	8,30,000	8,49,671.00
1290	AOD Parts	M.S.	MT.	103.366	30,000	31,00,980.00
1291	AOD Parts	S.S.	MT	.028	65,000	1,820.00
	Total					50,20,021.00

Note: The auction shall be conducted strictly on an “As Is, Where Is,” “Whatever There Is,” and “No Complaint” basis. 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.

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.

	Inspection of the salvage	EMD Deposit	e-Auction	Security Deposit	Balance Payment	Lifting
Date	Upto 12.04.2026	Upto 12.04.2026	13.04.2026	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.	40% payment to be deposited in next 2 days. (Buyer may start dismantling / labour work after this payment). Material lifting shall be allowed only after receipt of 100% full payment. Balance payment to be completed within 5 days.	Within 15-20 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

EMD Amount	Rs. 5,00,000/-	To be deposited one day prior to e-Auction
e-Auction Facilitation Fee	Rs. 1000/- plus GST	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	As applicable (18% GST)	@ 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