Plant & Machinery for auction Hussainpura Ludhiana 2 Cr Liquidation E-Auction

Property for Auction in Hussainpura, Ludhiana, Punjab

Recommendation
Calculated OpportunityScore: 6.5
Reserve Price
1,60,00,000
Reserve Price
1,60,00,000
EMD Required
3,21,000
Property Specifications
Auction TypeLiquidation Auction
Property Type IconProperty Type:
Plant & Machinery
Location IconLocation:
Hussainpura, Ludhiana
Auction Date IconAuction Date:
27-11-2025 11:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.5

Auction ID:614664

Bank Name:Liquidation E-Auction

Branch Name:Gurgaon

Reserve Price:1,60,00,000

EMD:3,21,000

Bid Increment:25,000

Auction Time:11:00 AM to 03:00 PM

Service Provider:BAANKNET

Important Dates

Submission Date:2025-11-24

Bid Start Date:2025-11-27

Property Description

This auction features a comprehensive lot of plant and machinery located in Hussainpura, Ludhiana, Punjab. The assets are being liquidated from VENUS GARMENTS (INDIA) LIMITED, now in liquidation. This is a prime opportunity to acquire industrial equipment categorized as scrap, plant, and machinery. The reserve price for this significant liquidation is INR 1.6 Crores, with an Earnest Money Deposit (EMD) of INR 3,21,000. Suitable for scrap dealers, industrial recyclers, or those looking for used machinery parts and equipment.

State:Punjab

City:Ludhiana

Area:Hussainpura

Asset Category:Scrap, Plant & Machinery

Full Address:Village Hussainpura, Opposite Hotel Amaltas, G T Road (West), Ludhiana, Punjab-141008, Hussainpura, Ludhiana

Auction Description

A liquidation e-auction will be held for the plant and machinery assets of VENUS GARMENTS (INDIA) LIMITED, in liquidation. The auction commences on November 27, 2025, at 11:00 AM and concludes at 03:00 PM on the same day. This is a sealed bid e-auction, offering a transparent and competitive bidding process. Interested parties must submit their bids within the stipulated time. The reserve price is set at INR 1.6 Crores, with an EMD of INR 3,21,000 required to participate. All asset details and auction terms will be available on the e-auction portal.

Borrower Name:VENUS GARMENTS (INDIA) LIMITED - In Liquidation

Auction Type:Liquidation Auction

Legal Details

Encumbrance Details:Not Known to Bank

Why This Property

The plant and machinery assets in Ludhiana offer a calculated opportunity for industrial investors. With a reserve price of ₹16,000,000 and clear auction terms, the location and asset type suggest potential for a specific market niche, but require due diligence on the condition and market demand.

Contact Details

Branch:Branch Office : Gurgaon

Service Provider:BAANKNET

Contact Details:

Pramod Kumar Misra

Contact no:+919810702519

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