Mixed lots auction · Upcoming

Land And Building With Plant and Machinery in Nellore

Punjab National BankLand And Building With Plant and MachineryRef. AS-C69D941C22F3D641
Sale asset information

Asset details

AS-C69D941C22F3D641

Item No.l (Movable) Plant & Machineries situated at S.N0.207/2A, 208/2A, 209/2c 210-2M, 211/2A, Manganellore Village, Sullurpet Mandal, S.P.S.R, Nellore District, Andhra Pradesh- 524 121. Item No.2 (Immovables) Land and Factory building at S.No.207/2A, 208/2A, 209/2C 210-2B1, 211/2A, Manganellore Village, Sullurpet Mandal, S.P.S.R, Nellore District, Andhar Pradesh 524121 standing in the name of M/s.Varadha Steels, Pvt. Ltd, and Mr.ya.Babu in all measuring Land to the extent of 17.73 Acres

Asset category
Mixed lots
Asset type
Land And Building With Plant and Machinery
Sale process
DRT
City
Nellore
Borrower
M/s. Varadha Steels Pvt Ltd, & 6 Others
Selling institution
Punjab National Bank
Branch
Punjab National Bank, Zonal Sastra Centre, Chennai - BO
Important dates

Auction schedule

01Inspection26 Oct 2026, 11:00 am – 26 Oct 2026, 3:00 pm
02EMD deadline10 Nov 2026, 11:59 pm
03Auction12 Nov 2026, 11:00 am–12:00 pm
04Notice published3 Oct 2026, 12:00 am
05Offer opening11 Nov 2026, 12:05 am
All times are in Indian Standard Time (IST). Confirm any changes in the official notice.
Bidding information

Auction rules

Bid increment
₹2.50 lakh
Tender fee
0.00
Maximum extensions
Unlimited Extension
DSC required
No
Research record

Auction record

1 auction

See the recorded dates and reserve prices for this asset. Matched re-auctions appear as separate attempts.

  1. Upcoming
    12 Nov 2026, 11:00 am–12:00 pmReserve price ₹4.26 Cr
    This page →
Open complete auction record →
Before you bid

Check the land and the sale terms

A liquidation sale can have its own eligibility and transfer conditions.

  1. Confirm boundaries, access, occupancy and the inspection process.
  2. Have an independent professional review title, restrictions and disclosed encumbrances.
  3. Ask the insolvency professional about eligibility, dues and handover conditions.
Confirm the official terms. Keep account credentials, OTPs and all payments under your control.