Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609727
Bank Name:Liquidation E-Auction
Branch Name:Kolkata
Reserve Price:₹9,60,00,000
EMD:₹96,00,000
Bid Increment:₹25,00,000
Auction Time:11:30 am to 01:30 pm
Service Provider:BAANKNET
Important Dates
Submission Date:24/11/2025
Bid Start Date:26/11/2025
Property Description
This auction features a comprehensive collection of plant and machinery, categorized as scrap, located in Gopalganj, Bihar. The assets belong to SASA MUSA SUGAR WORKS PRIVATE LIMITED. This is a unique opportunity to acquire a significant lot of industrial equipment. The property type is specifically Plant & Machinery, suitable for various industrial applications or for those looking to purchase scrap for reprocessing. The bidding will take place via e-auction.
State:Bihar
City:Gopalganj
Area:Gopalganj
Asset Category:Scrap, Plant & Machinery
Full Address:P.S. Kuchaikote, Dist. Gopalganj Bihar-841505, Gopalganj, Gopalganj
Auction Description
Liquidation E-Auction presents a SARFAESI Auction for plant and machinery in Gopalganj, Bihar. The auction has a reserve price of INR 9,60,00,000 and an Earnest Money Deposit (EMD) of INR 96,00,000. The auction will commence on November 26, 2025, at 11:30 AM and conclude at 01:30 PM on the same day. This is an online bidding event for the liquidation of assets belonging to SASA MUSA SUGAR WORKS PRIVATE LIMITED.
Borrower Name:SASA MUSA SUGAR WORKS PRIVATE LIMITED
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Assets are sold free from all encumbrances as per Regulation 32(C) of the IBBI (Liquidation Process) Regulations, 2016 (as amended up to 14 October 2025)
Why This Property
The Plant & Machinery located in Gopalganj presents a calculated opportunity due to its industrial nature and specific use. The reserve price and EMD are significant, indicating a substantial investment. Prospective buyers should conduct thorough due diligence to assess the machinery's condition and market value before bidding.
Contact Details
Branch:Branch Office : Kolkata
Service Provider:BAANKNET
Contact Details:
Manish Jain
Contact no:09830248684
