Auction Closed · Scheduled Auction Date Passed (26 Oct 2026)
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Industrial Auction in Ludhiana | CA IP Rajesh Mehru, Liquidator (Aabha Industries Ltd) Bank Auction
Industrial Land, Building & Machinery Auction in Raiyyan, Ludhiana · Reserve price ₹ 5,24,60,000 · Auction on 26 Oct 2026
Reserve price
₹ 5,24,60,000
EMD
₹ 52,46,000
Auction date
26 Oct 2026
Bank
CA IP Rajesh Mehru, Liquidator (Aabha Industries Ltd)
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
- Composite lot: factory land & building (Raiyyan), land & building (Meharban), plant & machinery, motor vehicle. Loan A/c: — | Demand Notice: — | Outstanding: — | Possession Date: — | Bid Increment: ₹20,00,000 | EMD Last Date: 23/10/2026 5:00 PM | Inspection: 17/10/2026 to 22/10/2026 (12 hrs advance notice) | Platform: BAANKNET (https://ibbi.baanknet.com/eauction-ibbi/home) | Encumbrance/Litigation: NCLT liquidation order 21.04.2026; Civil Suit No. 93/2017 (Raiyyan land); as-is-where-is; third e-auction after unsuccessful second on 28.09.2026
- Area
- 8802.75 sqyd
- Locality
- Ludhiana
- Full Address
- Factory Land & Building at Vill Raiyyan, Koom Kalan; Land & Building at Vill Meharban; Plant & Machinery (non-operational textile spinning) at Vill Raiyyan; Motor Vehicle Nissan Sunny XV Diesel
Bank & auction terms
- Auction ID
- AX-0CDCILU
- Bank / Authority
- CA IP Rajesh Mehru, Liquidator (Aabha Industries Ltd)
- Reserve Price
- ₹ 5,24,60,000
- EMD Amount
- ₹ 52,46,000
- Auction Date
- 26 Oct 2026
- Auction Time
- 11:00
- Borrower Name
- Aabha Industries Limited (Corporate Debtor, in Liquidation)
- Bank Contact Details
- CA IP Rajesh Mehru, aabhaindustries@gmail.com, rajesh_mehru@yahoo.co.in
Auction documents
- Sale noticesale notice
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