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Punjab National Bank Vs M/s. Varadha Steels Pvt Ltd, & 6 Others

📍 Nellore, SPSR NELLORE, Andhra Pradesh
Auction ID : 27630
Asset Sub-type

Land And Building With Plant And Machinery

Type of Auction

Plant & Machinery

District

Nellore

Inspection Date

26 Oct 2026

Auction Start

12 Nov 2026, 11:00 am

Auction End

12 Nov 2026, 12:00 pm

Upcoming
Starts in 36d 6h
₹4.26 Cr
₹4,26,00,000
Reserve price for this premium plant & machinery auction.
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Plant & Machinery Details

— Nellore, Andhra Pradesh
Bank Name
Punjab National Bank
Borrower's Name
M/s. Varadha Steels Pvt Ltd, & 6 Others
Asset Sub-type
Land And Building With Plant And Machinery
City / District
Nellore
State
Andhra Pradesh
Reserve Price
₹4,26,00,000
EMD Amount
₹42,60,000
EMD Date
10 Nov 2026, 11:59 pm
Bid Increment
₹2,50,000
Inspection Period
26 Oct 2026 to 26 Oct 2026
Legal Basis
Under DRT
Auction Branch
Punjab National Bank, Zonal Sastra Centre, Chennai - BO
Extended By
3 minutes
DRT Location
Chennai-III
Auto-extension
Unlimited Extension
Digital Signature Required
No
EMD Deposit Bank
Indian Overseas Bank
EMD Deposit Account No.
163302000000250
EMD Deposit IFSC
IOBA0000109
Offer Opening
11 Nov 2026, 12:05 am
Press Release Date
03 Oct 2026
Documents to Submit
Pan Card,Auction Bid Form,Proof Of Address
Auction / Case Reference
TRC No. 2286/2023
Asset Category
Immovable and Movable

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