Auction Closed · Scheduled Auction Date Passed (11 Oct 2026)
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Industrial Auction in Guntur | Mr. Golla Ramakantha Rao (Liquidator), Mangalagiri Textile Mills Private Limited Bank Auction
Factory Land & Buildings (12.12 Acres) in Mangalagiri, Guntur · Reserve price ₹ 88,30,00,000 · Auction on 11 Oct 2026
₹ 88,30,00,000
Reserve price
Reserve price
₹ 88,30,00,000
EMD
₹ 8,80,00,000
Auction date
11 Oct 2026
Status
Ended
Bank
Mr. Golla Ramakantha Rao (Liquidator), Mangalagiri Textile Mills Private Limited
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: INR 10,00,000 | EMD Last Date: 9 Oct 2026 | Inspection: — | Platform: https://ibbi.baanknet.com/eauction-ibbi/home | Encumbrance/Litigation: Lot 1: Immovable property - factory land with buildings; petition pending before NCLAT Chennai per notice; city/pin per corporate debtor regd. office (Mangalagiri, Guntur Dt.)
- Area
- 12.12 acre
- Locality
- Guntur
- Full Address
- China Kakani, Mangalagiri Mandal, Guntur Dist.
- Pincode
- 522503
Bank & auction terms
- Auction ID
- AX-0GNEWAW
- Bank / Authority
- Mr. Golla Ramakantha Rao (Liquidator), Mangalagiri Textile Mills Private Limited
- Reserve Price
- ₹ 88,30,00,000
- EMD Amount
- ₹ 8,80,00,000
- Auction Date
- 11 Oct 2026
- Auction Time
- 10:30
- Borrower Name
- Mangalagiri Textile Mills Private Limited (Corporate Debtor, in Liquidation)
- Bank Contact Details
- Golla Ramakantha Rao, 7032808974, liquidation.mtmpl@gmail.com
Auction documents
- Sale noticesale notice
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