Listing ID : 378467
Institution : Indian Overseas Bank
Institution Branch : ARM Branch
Contact Details : Contact Indian Overseas bank, ARM Branch, Ph: 040-23468807 Cell : 84601 06555/ 91637 48103.
Auction Details : E-Auction
Borrower Name : M/s Gavi Siddeswara Steels(India) Pvt Ltd
Property Type : Plant and Machinery
Lot details : Lot2: All that Factory Plant and Machinery consisting of machinery related to Sponge Iron 150 TPD, Induction Furnace 63 TPD, Rolling Mills 60 TPD, Power generation 8MW with 36 TPH boiler/ 33 KV substation located at S. No. 233-2, 236-2, 237-1, 238-1 and 241-1, in R.D of Anantapur S.R.D of Rayadurg Baginayakana Halli Village, Rayadurg Mandal, Anantapur Dist
Schedule of Property : Lot2: All that Factory Plant and Machinery consisting of machinery related to Sponge Iron 150 TPD, Induction Furnace 63 TPD, Rolling Mills 60 TPD, Power generation 8MW with 36 TPH boiler/ 33 KV substation located at S. No. 233-2, 236-2, 237-1, 238-1 and 241-1, in R.D of Anantapur S.R.D of Rayadurg Baginayakana Halli Village, Rayadurg Mandal, Anantapur Dist. [Bidding for (Lot 1) Land and building in isolation is not permitted. However, bidding for (Lot 2) plant and machinery in isolation is permitted. Bidding for both (Lot 1 & Lot 2) Factory plant and machinery and land and building is also permitted.
Inspection Details : For Inspection Details Please Contact Ph: 040-23468807 Cell : 84601 06555/ 91637 48103, Inspection of properties On 10.10.2018.
Reserve Price : ₹ 52,20,10,420.00
EMD : ₹ 5,22,01,042.00
Minimum Increment : ₹ 5,00,000.00
Date and Time of Auction : 25-10-2018 11:00 AM
End Time of Auction : 25-10-2018 01:00 PM
Application Submission Deadline : 22-10-2018 05:00 PM
Time Extension : If a Bid is placed in the last 5 minutes of the auction the auction end time will be extended by 5 minutes.
English Sale Notice : Download English Sale Notice of Auction Listing ID - 378467

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