Auction Closed · Scheduled Auction Date Passed (09 Oct 2026)
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Industrial Auction in Gopichettipalyam | Prabhu S, Liquidator (SPP Insolvency Professionals LLP) Bank Auction
Factory Land & Building (Lot 5) in Siruvalur, Erode · Reserve price ₹ 5,53,97,000 · Auction on 09 Oct 2026
₹ 5,53,97,000
Reserve price
Reserve price
₹ 5,53,97,000
EMD
₹ 55,40,000
Auction date
09 Oct 2026
Status
Ended
Bank
Prabhu S, Liquidator (SPP Insolvency Professionals LLP)
Possession
As per notice
Photos do not establish property condition or title. Confirm the location, inspection window, terms and latest sale notice directly with the selling authority before paying EMD.
Property details
- Property Type
- Industrial
- Description
- Loan A/c: — | Demand Notice: — | Outstanding: — | Possession Date: — | Bid Increment: Rs. 500,000 | EMD Last Date: 07-10-2026 5:00 PM | Inspection: All working days 10 AM-4 PM (one day prior intimation) | Platform: https://baanknet.com | Encumbrance/Litigation: NCLT Chennai Bench, IA(IBC)(LIQ)/11(CHE)/2025 in CP(IB)/213(CHE)/2023; Lot 5: Factory Land & Building (Batch II; only if no bid for Lots 2 and 3)
- Area
- 4.77 acre
- Locality
- Gopichettipalyam
- Full Address
- 617/3, Ayeepalayam, Siruvalur, Gopichettipalyam, Erode District
- Pincode
- 638054
Bank & auction terms
- Auction ID
- AX-12EO0JH
- Bank / Authority
- Prabhu S, Liquidator (SPP Insolvency Professionals LLP)
- Reserve Price
- ₹ 5,53,97,000
- EMD Amount
- ₹ 55,40,000
- Auction Date
- 09 Oct 2026
- Auction Time
- 15:30
- Borrower Name
- Sakthi Ganesh Textiles Private Limited (Corporate Debtor, in Liquidation)
- Bank Contact Details
- Prabhu S, 9488810404, sgtpl.cirp@gmail.com
Auction documents
- Sale noticesale notice
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