Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614546
Bank Name:Indian Bank
Branch Name:allahabad
Reserve Price:₹1,17,68,000
EMD:₹11,76,800
Bid Increment:₹10,000
Auction Time:11:00 AM to 05:00 PM
Service Provider:auctionfocus.in
Important Dates
Submission Date:2025-12-10
Bid Start Date:2025-12-10
Property Description
This auction features a significant lot of scrap, plant, and machinery located in Kanpur, Uttar Pradesh. The assets belong to M/s Gian Life Care Limited and are being auctioned by Indian Bank under the SARFAESI Act. This is a unique opportunity to acquire industrial machinery assets in a well-established industrial area.
State:Uttar Pradesh
City:Kanpur
Area:Kanpur
Asset Category:Scrap, Plant & Machinery
Full Address:Kanpur, Kanpur, Uttar Pradesh, Kanpur, Kanpur
Auction Description
Indian Bank is conducting an online SARFAESI auction for scrap, plant, and machinery from M/s Gian Life Care Limited in Kanpur, Uttar Pradesh. The auction will take place on December 10, 2025, from 11:00 AM to 05:00 PM. The reserve price is ₹1,17,68,000, with an Earnest Money Deposit (EMD) of ₹11,76,800. Don't miss this chance to bid on valuable industrial assets.
Borrower Name:M/s Gian Life Care Limited
Auction Type:SARFAESI Auction
Guarantor Names:Shri Arun Kumar Gupta, Smt Avani Gupta
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The machinery presents a potential opportunity for specialized buyers. The location in Kanpur offers access to a specific market, but potential buyers should thoroughly assess the equipment's condition and market demand before bidding, given the specialized nature of the assets and symbolic possession.
Contact Details
Branch:Branch Office : allahabad
Service Provider:auctionfocus.in
Contact Details:
Contact no:9600219871
