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Ended auction recordThis auction ended on 13 Oct 2026, 12:00 pm–5:00 pm.

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Machinery auction · Ended

Machinery for sale in Chhindwara

Union Bank of IndiaMachineryPhysical possessionRef. AS-392AA2A83BD05956
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Primary auction documentOfficial sale noticeRead the complete description, conditions and payment instructions before taking any action.
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Sale asset information

Asset details

AS-392AA2A83BD05956

All that piece and parcel of hypothecated stock, raw materials and Hypothecated plant & machineries and all fixed assets situated in I.G.C. Borgaon Industrial area, plot no. 54 Sector -A, total plot area admeasuring 2000 Sq.mtrs. (40 mtr. x 50 mtrs.) or 0.200HR., in Madhya Pradesh Audyogik Kendra Vikas Nigam at village Borgaon, Tal- Saunsar, Distt.- Chindwara.

Asset category
Machinery
Asset type
Machinery
Possession
Physical
City
Chhindwara
State
Madhya Pradesh
PIN code
480001
Borrower
Arya Colour Chem A Partnership Firm Through Patners Mr Sameer Hiwase Mrs Bhumika Prasant Hiwase
Selling institution
Union Bank of India
Branch
Asset Recovery Branch Nagpur-578771
Important dates

Auction schedule

01Inspection8 Oct 2026, 10:00 am – 8 Oct 2026, 2:00 pm
02EMD deadline13 Oct 2026, 5:00 pm
03Auction13 Oct 2026, 12:00 pm–5:00 pm
All times are in Indian Standard Time (IST). Confirm any changes in the official notice.
Bidding information

Auction rules

Bid increment
₹14,000
Extension rule
A valid bid received in the final 10 minutes extends the auction by 10 minutes.
Research record

Auction record

1 auction

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

  1. Ended
    13 Oct 2026, 12:00 pm–5:00 pmReserve price ₹13.78 lakh
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