Industrial Details
— Property: 1, All the part and parcel of Factory land & Building (Two storied Industrial building) admeasuring to an extent of 10913.18 Sq. Yd situated at Sy No:1211 & 1216, Near Venkata Rajampeta, utukur Village & Panchayath, Near to Kadapa – Chennai Road, Rajampet Mandal, Annamayya District, standing in the name of M/s Narayanadri Steels & Pvt Ltd., represented by its directors (i) Mrs. A Silpa Reddy, D/o Late A Venkata Subba Reddy and (ii) Mrs A Sarayu Reddy, W/o Late A Venkata Subba Reddy., Common Boundaries, East: Property AVS Reddy & AM Mohan Reddy, West: Land belongs to borrower, North: Road, South: Property of Thirveni Steels
Bank Name
Indian Overseas Bank
Borrower's Name
NARAYANARDRI STEELS AND PVT LTD
Lot Number
IOBA2582NSPL1
Asset Sub-type
Industrial Plot With Factory Building
City / District
Kadapa
State
Andhra Pradesh
Pincode
516115
Reserve Price
₹96,41,500
EMD Amount
₹9,64,150
EMD Date
28 Sep 2026, 11:59 pm
Bid Increment
₹1,00,000
Inspection Period
12 Sep 2026 to 28 Sep 2026
Legal Basis
Under SARFAESI
Borrower's Address
M/S NARAYANARDRI STEELS AND PVT LTD SUNDUPALLI VILLAGE VATHALUR POST PULLAMPET MANDAL YSR DIST ANDHRAPRADESH
Auction Branch
SPECIALISED ARM BRANCH - HYDERABAD-2582
Borrower Customer ID
6612564
EMD Submission Opens
11 Sep 2026, 12:50 pm
Bid Increment (During Extension)
₹100000
Auto-extends if Bid in Last
5 minutes
Extended By
5 minutes
Available for Loan
No
Carpet Area
10913.18 square yard
Area Unit
square yard
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Schedule Visit Details
Important dates for this industrial auction.
EMD Amount₹9,64,150
EMD Date28 Sep 2026, 11:59 pm
Inspection Start Date12 Sep 2026, 10:00 am
Inspection End Date28 Sep 2026, 04:00 pm
Auction Start Date29 Sep 2026, 11:00 am
Auction End Date29 Sep 2026, 04:00 pm
Point of contact
RATIKANTA BEHRA
Dealing Officer (Inspection)
- 9051249721
- IOB PLATINUM PLAZA, #1-8-522/27/2,3,4, 3RD FLOOR, OPPOSITE CHANDANA BROTHER'S, CHIKKADPALLY, HYDERABAD
DINBANDHU
Chief Manager
Contact Details
Reach out for more information about this industrial auction.
RATIKANTA BEHRA
Dealing Officer (Inspection)
- 9051249721
- IOB PLATINUM PLAZA, #1-8-522/27/2,3,4, 3RD FLOOR, OPPOSITE CHANDANA BROTHER'S, CHIKKADPALLY, HYDERABAD
DINBANDHU
Chief Manager
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