Listing ID : 299883
Institution : Indian Overseas Bank
Institution Branch : ARMB,Cuffe Parade,Mumbai
Contact Details : Contact The Authorized Officer: Phone No. 022-22174176/80, Email Id: iob1998@iob.in
Auction Details : E-Auction
Borrower Name : M/s.Shripad Batteries Pvt.Ltd
Property Type : Plant and Machinery
Lot details : Plant & Machineries and Stocks etc
Schedule of Property : Plant & Machineries and Stocks etc. at Gut no 94, House No.1280,1281,1282,1283 and 1284, Village Ghotawade, Near H.P.Gas plant & Sumitra Rice Mill, Alibaug-Roha Road, Post– Beloshi Teh- Alibaug

Description of P&M Plant & Machineries include Positive plate filling machine model V-2 with standard accessories (2 units), Lead pot (2 units), Paste Mixer (Sigma)(2 units), Curing Chamber (3 units), Plate cleaning Bench (1 unit), Container punch machine (3 unit), Fully automatic inter cell welding machine and sealing machine with short circuit tester with tools etc (1 set), Strap moulds and pole moulds of assorted sizes (12 units), Grid casting machine (1unit), Battery plate pasting machine (1 unit), Grid pasting machine with all accessories (2 unit), Plate pasting machine(1unit), Dry charging machine with accessories (2 units), 160 KW/200 KVA DG sets Kirloskar make Diesel engine coupled to alternator mounted on channel iron base complete writ fuel tank of 350 ltrs capacity, control panel and batteries of 12 volts (1 unit), Compressor pressure up to 213 psi (1 unit), Electrical installation comprising of cables, wiring, LT panels, Florescent fittings, ceiling fans, wall fans, Distribution boards, Unidentified machines etc (Lot), Hand pallets (2 units), Steel tables of assorted sizes (30 units), office furniture comprising chairs, tables etc (Lot), Dismantaled office furnitures comprising chairs, tables etc (Lot), Dismanteled steel stands of assorted sizes(Lot), Weighing machines (2 units)

Description of Stocks / Items Lead Acid Battery (semi finished stage) (64 units), Lead Acid Battery (Finished stage, Packed) (51 units), Narrow lead Acid Battery (semi finished stage) (16 units), Pipes (10 units), Plastic container for batteries (5000 units approx.), Crock powder, Chemicals sulphate, Internal plastic case white (Lot), , Internal plastic case Black (Lot), Other plastic cases (Lot), Stores & Spares (Lot), Packing Material (Lot)
Inspection Details : Inspection of Property on 07-07-2017 between 12.30 PM to 03.00 PM
Reserve Price : ₹ 41,60,900.00
EMD : ₹ 4,16,100.00
Minimum Increment : ₹ 25,000.00
Date and Time of Auction : 13-07-2017 03:00 PM
End Time of Auction : 13-07-2017 05:00 PM
Application Submission Deadline : 12-07-2017 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 - 299883
Annexure - II : Download Annexure - II of Auction Listing ID - 299883

Bid can be submitted at iob.foreclosureindia.com