Property for Auction in Diwalipura, Vadodara, Gujarat
Auction ID:450613
Bank Name:State Bank of India
Branch Name:Stressed Asset Recovery Branch
Reserve Price:₹8,00,000
EMD:₹80,000
Service Provider:BAANKNET
Submission Date:18-03-2025 05:00 PM
Bid Start Date:19-03-2025 11:00 AM
The property consists of hypothecated machineries, specifically a Fully Automatic Computerized Reel Die Cutting Machine with in-line Two Colour Flexo Printing, make Luxurious-Rajkot, supplied by DNP Enterprise. Key specifications include dimensions of 1450 mm X 2510mm X 1890 mm, a mold size of 1050mmX380 mm, and a diameter size of 55 Inch. An additional die set from DNP Enterprise, intended for paper cup blanks, is also part of the auction. Symbolic possession has been taken.
State:Gujarat
City:Vadodara
Area:Diwalipura
Asset Category:Scrap, Plant & Machinery
This is a SARFAESI Auction conducted by the State Bank of India for hypothecated machineries located in Diwalipura, Vadodara. The property for auction is a Fully Automatic Computerized Reel Die Cutting Machine with in-line Two Colour Flexo Printing, make Luxurious-Rajkot, supplied by DNP Enterprise. It has a size of 1450 mm X 2510mm X 1890 mm, mold size of 1050mmX380 mm, and a diameter size of 55 Inch. An extra die set supplied by DNP Enterprise for paper cup blanks is also included. The auction has a reserve price of ₹800,000.00 and an EMD of ₹80,000.00. The auction is scheduled for March 19, 2025, from 11:00 AM to 4:00 PM. The asset category is Scrap, Plant & Machinery, and the property type is Machinery. The borrower is M/s. Jival Paper Trading Company.
Borrower Name:M/s. Jival Paper Trading Company
Auction Type:SARFAESI Auction
Branch:Branch Office : Stressed Asset Recovery Branch
Service Provider:BAANKNET
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