Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614009
Bank Name:Bank of India
Branch Name:Zonal Office - Lucknow
Reserve Price:₹96,61,000
EMD:₹9,66,100
Bid Increment:₹1,00,000
Auction Time:11:00 AM to 05:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-25
Bid Start Date:2025-11-25
Property Description
This auction features a significant lot of Plant & Machinery assets located in Lucknow, Uttar Pradesh. The property is categorized as scrap, suitable for various industrial or recycling purposes. The borrower for this asset is M/s Gupta Cottage Udyog. This is a prime opportunity to acquire industrial machinery in a key North Indian city.
State:Uttar Pradesh
City:Lucknow
Area:Lucknow
Asset Category:Scrap, Plant & Machinery
Full Address:Village- Goomchini, Post-Kala Aam, Dist.-Lakhimpur Kheri-262702 (UP), Goomchini, Lucknow
Auction Description
Bank of India presents a SARFAESI auction for Plant & Machinery in Lucknow. The auction will commence on November 25, 2025, at 11:00 AM and conclude at 5:00 PM on the same day. The reserve price is set at ₹96,61,000, with an Earnest Money Deposit (EMD) of ₹9,66,100 required to participate. Don't miss this chance to bid on valuable industrial assets.
Borrower Name:M/s Gupta Cottage Udyog
Auction Type:SARFAESI Auction
Guarantor Names:Shri Rohit Agrawal, Shri Som Prakash Agrawal, Shri Prabhu Prakash Agrawaladult, Shri Suresh Kumar Agrawal, Shri Jyoti Prakash Agrawal, M/s Lakhimpur DaftiUdyog Private Limited, Shri Puneet Agrawal, Shri Prateek Agrawal, Shri Arpit Agrawal, Smt. Kiran Agrawal, Smt. Saroj Agrawal, Smt. Sarika Agarwal @ Sarika Poddar, Smt.Shruti Agarwal @ Shruti Mittal, Shri Rajat Agrawal, Smt. Varsha Tulsian
Legal Details
Possession Status:Physical
Encumbrance Details:Nil
Why This Property
The property represents a calculated opportunity to acquire industrial machinery at potentially discounted prices through a bank auction. The location in Lucknow, a growing industrial hub, adds to its appeal. However, potential investors should carefully evaluate the condition of the machinery and auction terms before participating.
Contact Details
Branch:Branch Office : Zonal Office - Lucknow
Service Provider:BAANKNET
Contact Details:
Authorised Officer
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