Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611110
Bank Name:Kallapanna Awade Ichalkarnji Janata Sahakari Bank Limited
Branch Name:Head Office : Ichalkaraji
Reserve Price:₹2,14,000
EMD:₹21,000
Auction Time:02:00 PM
Service Provider:Public Auction
Important Dates
Submission Date:2025-11-14
Bid Start Date:2025-11-15
Property Description
This auction features a diverse lot of plant and machinery located in Hatkanangale, Kolhapur, Maharashtra. These assets are being sold as scrap and were previously associated with M/s. Anjana Textiles. The specific details and condition of each machine will be available in the auction catalog. Ideal for buyers looking for machinery parts or scrap metal.
State:Maharashtra
City:Kolhapur
Area:Hatkanangale
Asset Category:Scrap, Plant & Machinery
Full Address:Hatkanangale, Tal. Hatkanangale, Dist. Kolhapur, Hatkanangale, Kolhapur
Auction Description
Kallapanna Awade Ichalkarnji Janata Sahakari Bank Limited is conducting a SARFAESI auction for scrap plant and machinery. The auction will take place online on November 14, 2025, with bidding open from 5:00 PM to 5:30 PM IST. The reserve price is set at INR 214,000, with an EMD of INR 21,000 required to participate. This is a unique opportunity to acquire machinery assets through a bank auction process.
Borrower Name:M/s. Anjana Textiles
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Ananda Pandurang Madhav, Mr. Akshay Ananda Madhav, Mr. Nilesh Ananda Madhav, M/s. Shri Anand Twister Prop. Mr. Ananda Pandurang Madhav HUF
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The machinery auction in Hatkanangale, Kolhapur, presents a calculated opportunity given the specific equipment type and relatively low reserve price. While the location is industrial, the limited scope of the offering requires careful assessment of market demand and equipment condition. The auction terms are standard, but due diligence is crucial to validate investment potential.
Contact Details
Branch:Branch Office : Head Office : Ichalkaraji
Service Provider:Public Auction
Contact Details:
D. V. Patil
Contact no:9665041768
