Machinary for auction Manjusar Vadodara 37 lakh Punjab National Bank

This auction features a significant lot of Plant & Machinery located in Savli, Vadodara, Gujarat. The assets belong to M/S. GUNATIT SYNTHETICS and are being auctioned by Punjab National Bank under the SARFAESI Act. This is an excellent opportunity for businesses or investors looking to acquire industrial machinery. The machinery is categorized as scrap, presenting potential for reselling parts, refurbishment, or raw material recovery. The property is situated in a key industrial area, offering logistical advantages.

Punjab National Bank is conducting an online SARFAESI auction for Plant & Machinery (Scrap) belonging to M/S. GUNATIT SYNTHETICS in Savli, Vadodara, Gujarat. The auction will commence on November 26, 2025, at 11:00 AM and conclude at 04:00 PM on the same day. The reserve price for this auction is INR 36,72,000, with an Earnest Money Deposit (EMD) of INR 3,67,000 required to participate. This is a sealed bid auction, providing a transparent and competitive bidding process. Interested bidders are advised to review all auction terms and conditions prior to participation.

The industrial machinary presents a specialized investment opportunity in Vadodara. The reserve price is reasonable and EMD terms are standard. However, potential buyers should thoroughly assess the condition and market demand for this specific type of equipment before bidding.