All auctions / Punjab / Ludhiana

Plant and Machinery for sale in Ludhiana

Ludhiana, Punjab

State Bank of India · State Bank Of India, Sector - 7 B, Chandigarh - BO

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Reserve price
₹1,82,04,000
EMD
₹18,20,000
Bid increment
₹1,00,000

Key dates

  1. Pay EMD and submit bid by20 Oct 2026, 4:00 PM (EMD closes in 5 days)
  2. Auction21 Oct 2026, 2:00 PM – 3:00 PM · in 6 days

What you'd pay at the reserve price

EMD, before the auction
₹18,20,000
Rest of 25% when you win (same or next day)
₹27,31,000
Balance 75%, usually within 15 days
₹1,36,53,000
Stamp duty and registration (about 5–8%, varies by state)
₹9.10 L – ₹14.56 L

You may bid above the reserve in steps of ₹1,00,000. If you lose, the EMD is refunded. Check the notice for exact terms and any dues (society, tax, electricity) the buyer must pay.

Property

Type
Movable · Plant and Machinery
Auction type
DRT (Debt Recovery Tribunal) · Chandigarh - DRT - III
Address
Property no.1 - Plat and machinery installed in factory situated at Village Ikolana Tehsil Khanna, Distt. Ludhiana. List of plant and machinery attached as ANNEXURE-A-1. Propert
Borrower
M/s Shivanga Corrugators and Others