Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:609923
Bank Name:Liquidation E-Auction
Branch Name:Registered Office
Reserve Price:₹13,89,60,000
EMD:₹1,38,96,000
Bid Increment:₹5,00,000
Auction Time:3:00 PM to 5:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-19
Bid Start Date:2025-11-21
Property Description
This auction features a comprehensive lot of Plant & Machinery classified as scrap, located in the 24 Parganas (South) area of Kolkata, West Bengal. The assets belong to M/s SILVERTON SPINNERS LIMITED, currently undergoing liquidation. This is a unique opportunity to acquire a substantial quantity of industrial equipment and machinery suitable for scrap or repurposing.
State:West Bengal
City:Kolkata
Area:24 Parganas (South)
Asset Category:Scrap, Plant & Machinery
Full Address:Falta Industrial Growth Centre, Sector No - 4, Falta, 24 Parganas (South), Falta, Kolkata
Auction Description
Liquidation E-Auction presents an online auction for the Plant & Machinery assets of M/s SILVERTON SPINNERS LIMITED (IN LIQUIDATION). The auction will take place on November 21, 2025, from 11:00 AM to 05:00 PM. The reserve price is set at ₹13,89,60,000.00, with an Earnest Money Deposit (EMD) of ₹1,38,96,000.00 required to participate. This is a liquidation auction, offering a direct sale of the specified assets.
Borrower Name:M/s SILVERTON SPINNERS LIMITED (IN LIQUIDATION)
Auction Type:Liquidation Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The plant and machinery auction in Falta presents a calculated opportunity, given the specific industrial nature and location. The reserve price and EMD are significant, requiring thorough due diligence. While offering potential value, the investment is best suited for those familiar with liquidations and the industrial sector in West Bengal.
Contact Details
Branch:Branch Office : Registered Office
Service Provider:BAANKNET
Contact Details:
Pratim Bayal
Contact no:9903886782
