Company as a whole at Industrial Estate, Puducherry.

Listing ID:1129934
Listing Type:Liquidation Auction
Institution:Nexus Electro Steel Limited In Liquidation
Institution Branch:Chennai
Contact Details:Contact The Liquidator : Mr. R. Dharmarajan, Liquidator E-mail: rp.nexussteel@gmail.com
Auction Details:E-Auction
Borrower Name:M/s. Nexus Electro Steel Limited (In Liquidation)
Property Type:Other
Property Details:Company as a whole
Schedule of Property:Company as a whole As going concern
(As is where is, as is what is, whatever there is and without recourse basis)
Nexus Electro Steel Limited is engaged in manufacture of Cut Laminations, Core Assembly, Windings and Core & Coil Assembly, the active parts of a transformer. The Company has two manufacturing units. The First Unit is situated at Opp. JSW Steel, Mumbai Nashik Highway 3, Kasne Village, Vashind P.O. 421 604, Thane District, Maharashtra State, India. This Plant is a modern pre-engineered building and has a dust proof environment. The Second Unit is situated at Plot No. B-53, 54 & 55, B -125, C-70, PIPDIC Industrial Estate, Mettupalayam, Puducherry 605 009, India and has all the requisite facilities to produce Cut laminations suitable for Distribution & Power Transformers. At present the both the units are not running.
City/State:Puducherry
Inspection Details:Contact The Liquidator : Mr. R. Dharmarajan, Liquidator E-mail: rp.nexussteel@gmail.com
Possession Status:---
Reserve Price:250000000
EMD:25000000
Minimum Increment:500000
DSC Required:No
Accept Reserve Price value as First Bid:No
Start Date and Time of Auction:30-03-2023 3:00 pm
End Date and Time of Auction:30-03-2023 4:00 pm
Time Extensions:If bid is placed in the last 5 minutes of auction, The auction end time will increase by 5 minutes.
Application Submission Deadline:28-03-2023 5:00 pm
Download English Sale Notice: Download English Sale Notice
Download Tender Form: Download Tender Form
Submit Application:Application deadline has passed
Go To E-Auction:View E-Auction