Water damaged Paper Reels - 687.45 MT
Specification
| Item Id | 1223 |
| Category | Water damaged Paper Reels - 687.45 MT |
| Manufacture name | Genus Paper & Boards Ltd. |
| Model name | Paper Reels |
| Model number | 2025 |
| Production date | 16-Sep-2025 |
| Location | Gandhi Colony, Muzaffarnagar, Uttar Pradesh |
| Market Maker | meenakshi@salvagemanagers.com |
| Sound Invoice Value | Rs. 35,744.00 / MT |
| Quantity | 687.45 MT |
| Sound Invoice Lot Value | Rs. 2,45,72,212.80 |
| Reserve Price | Rs. 12,000.00 / MT |
| Reserve Price Lot Value | Rs. 82,49,400.00 |
| Remaining Time |
| Ongoing Lot Bid | Rs. 0.00 |
| Current Bid | Rs. 0.00 / MT |
| Incremental Bid | / MT |
| Next Minimum Bid | / MT |
Details
Salvage Material:
|
Description of Goods
Salvage Quantity (as expected) |
Rain
Water damaged Paper Reels as follows
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Note: The
auction will be conducted 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. |
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Complete
Salvage Address for Inspection |
1. M/s. MM Warehouse - 7 KM, Jansath Road, Muzaffarnagar, Uttar Pradesh
– 2510012 2. Genus paper &board Ltd. , 8 KM, Jansath
Road, Muzaffarnagar, Uttar Pradesh – 2510012 |
Contact person for inspection (Name, Number) |
Mr. Mukesh Saini -99258102912 |
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Reserve
Rate / Value
Basis
of Auction |
Rs. 12,000/- Per MT (Exclusive of 18% GST) Per MT |
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Timetable:
| Inspection of the salvage | EMD Deposit | e-Auction | Security Deposit | Balance Amount | Lifting |
Date | Upto 21.10.2025 | Upto 21.10.2025 | 22.10.2025 | 10% SD amount
· | · 50% payment | 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. 8,00,000/- | To be deposited one day prior |
e-Auction Facilitation Fee | Rs. 1000/- plus GST | |
Security Deposit Amount | 10% of the final bid value | To be deposited within 24 hours |
Taxes | As applicable (18% GST) | @ 18% on Services / Fee |
Bank Details for EMD
DEPOSIT:
Account Name | Adwiti |
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 Genus Paper.pdf |
| Document 2 : | Participation Form Genus Paper.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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