Ended auction recordThis auction ended on 3 Oct 2026, 10:30 am–3:00 pm.

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Mixed lots auction · IBC / Liquidation · Ended

Toll-road rights & equipment in Bhiwandi, Thane

Company in liquidation: Supreme Vasai Bhiwandi Tollways Private LimitedLiquidator: Liquidator Supreme Vasai Bhiwandi Tollways Private Limited -In Liquidation Under IBCOtherRef. AS-12CF48
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Sale asset information

Asset details

AS-12CF48

Sale of the assets of Supreme Vasai Bhiwandi Tollways Private Limited – In Liquidation under IBC, the Corporate Debtor on standalone basis; falling in the liquidation estate under IBC i.e Four Laning Toll of 26 Kms (0/000 to 26/425 km stretch.) stretch situated at Chinchoti – Kaman - Anjurphata to Mankoli Road M.S.H. No 4” 26/425 in Taluka, Bhiwandi District, Thane under “Build-Operate-Transfer” (BOT) Distt. Thane, State of Maharastra and other machinery equipments including Electronic Fastag Equipment’s installed/lying thereto on “As is where is basis”, “As is what is basis”, “Whatever there is basis” and “No recourse basis” including all the rights, interests, actionable claims or benefits arising out of the Project as per the Substitution Agreement dated 25.10.2013 read with the Original Concession Agreement dated 16th May 2009 (“Concession Agreement”) and Substitution Agreement dated 23.07.2009 executed by the Corporate Debtor and of keeping in view that concession period is 24 years 3 months i.e upto 27.11.2033 as per work order vide No.TD/Tender/6786 dated 28.08.2009 and total concession period approved by the GOM is 24 years 3 months (including construction period of 30 calender months from the date of issue of work order) as per the E-auction schedule /E-auction time lines and the detailed terms, conditions & process in E-auction Process Document at IBBI E-auction Platform read with further direction or order (s), if any, of the Hon’ble National Company Law Tribunal, Chandigarh Bench

Asset category
Mixed lots
Asset type
Other
Sale process
An Asset on a Standalone Basis
City
Bhiwandi
District
Thane
State
Maharashtra
Company in liquidation
Supreme Vasai Bhiwandi Tollways Private Limited
Liquidator
Liquidator Supreme Vasai Bhiwandi Tollways Private Limited -In Liquidation Under IBC
CIN
U45200HR2013PTC048979
Asset 1
Toll at “Chinchoti — Kaman — Anjurphata to Mankoli Road M.S.H. No 4” from KM0/00 to 26/425, Taluka Bhiwandi, District Thane, Maharashtra State · Other
Important dates

Auction schedule

01Inspection18 Sept 2026, 10:00 am – 1 Oct 2026, 4:00 pm
02EMD deadline1 Oct 2026, 4:00 pm
03Auction3 Oct 2026, 10:30 am–3:00 pm
04Payment opens18 Sept 2026, 10:00 am
05Qualification opens17 Sept 2026, 3:48 pm
06Qualification deadline1 Oct 2026, 4:00 pm
All times are in Indian Standard Time (IST). Confirm any changes in the official notice.
Bidding information

Auction rules

Bid increment
₹10 lakh
Extension rule
A valid bid received in the final 5 minutes extends the auction by 5 minutes.
Research record

Auction record

1 auction

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  1. Ended
    3 Oct 2026, 10:30 am–3:00 pmReserve price ₹40 Cr
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