Auction Closed · Scheduled Auction Date Passed (13 Oct 2026)

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Machinery Auction in Visakhapatnam | Shamsher Bahadur Singh, Liquidator (Indian Technometal Company Limited) Bank Auction

Machinery (Scrap) in Auto Nagar, Visakhapatnam · Reserve price ₹ 11,75,000 · Auction on 13 Oct 2026

Reserve price

₹ 11,75,000

EMD

₹ 1,17,500

Auction date

13 Oct 2026

Status

Ended

Bank

Shamsher Bahadur Singh, Liquidator (Indian Technometal Company 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
Machinery
Description
Loan A/c: — | Demand Notice: — | Outstanding: — | Possession Date: — | Bid Increment: Rs. 10,000 | EMD Last Date: 09-10-2026 | Inspection: Till 09-10-2026 | Platform: https://baanknet.com/ | Encumbrance/Litigation: Timelines subject to NCLT order extending liquidation period under Reg. 44(2); Plant & Machinery in the form of scrap
Locality
Visakhapatnam
Full Address
Plot No. D-39, D-40 and D-41, Auto Nagar, Visakhapatnam
Pincode
530012

Bank & auction terms

Auction ID
AX-0U30W1B
Bank / Authority
Shamsher Bahadur Singh, Liquidator (Indian Technometal Company Limited)
Reserve Price
₹ 11,75,000
EMD Amount
₹ 1,17,500
Auction Date
13 Oct 2026
Auction Time
11:30
Borrower Name
Indian Technometal Company Limited (Corporate Debtor, in Liquidation)

Auction documents

  • Sale noticesale notice

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