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Plant & Machinery SARFAESI Auction Symbolic Possession

Plant & Machinery for Auction in Pendurthi Mandal, Visakhapatnam – SBI

Pendurthi Mandal, Visakhapatnam, Andhra Pradesh · Auction ID #117303

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Plant & Machinery for auction in Pendurthi Mandal, Visakhapatnam – SBI – photo 1
Plant & Machinery for auction in Pendurthi Mandal, Visakhapatnam – SBI – photo 2
Plant & Machinery for auction in Pendurthi Mandal, Visakhapatnam – SBI – photo 3
Plant & Machinery for auction in Pendurthi Mandal, Visakhapatnam – SBI – photo 4
Plant & Machinery for auction in Pendurthi Mandal, Visakhapatnam – SBI – photo 5
1 / 5
Reserve Price ₹49,00,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 18 Nov 2026, 10:00 AM In 3 days
EMD Last Date 18 Nov 2026, 04:00 PM In 3 days
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Property Details

Property type
Plant & Machinery (Plant & Machinery)
Possession
Symbolic Possession
Locality
Pendurthi Mandal
Pincode
531173
Address
Pendurthi Mandal, Visakhapatnam, Andhra Pradesh, 531173 View on map

Description (as per sale notice)

All the hypothecated movable plant and machinery, equipment, processing and packing machinery, electrical motors, colour sorting equipment, air compressor, grading and screeing machinery, elevators, rollers, pulleys, dryers and other associated machinery, accessories and components pertaining to the food processing industry (Dal Mill) of M/s Sri Lakshmi Ganapathi Food Processing, taken into possession by the Authorised Officer, State Bank of India, under the applicable provisions of the SARFAESI Act, 2002, as per the bank's inventory of secured assets.

BAANKNET Property ID: SBINLAKSHMIGANAPATHIFOODS
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Bank & Auction Details

Bank / Lender
State Bank of India
Branch
SPECIAL SME VISAKHAPATNAM-63646
Auction type
SARFAESI Auction
Borrower
M/s S** L***** G***** F*** P*****
Auction start
18 Nov 2026, 10:00 AM
Auction end
18 Nov 2026, 04:00 PM
EMD submission deadline
18 Nov 2026, 04:00 PM
Inspection
11 Nov 2026, 02:00 PM – 17 Nov 2026, 04:00 PM
Authorised officer
DIPTI PRAKASH SAHU
Officer contact
6370755695
E-auction portal
BAANKNET (Property ID SBINLAKSHMIGANAPATHIFOODS)
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How to Participate in This Auction

  1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues.
  2. Inspect the property on 11 Nov 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID SBINLAKSHMIGANAPATHIFOODS)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 18 Nov 2026, 04:00 PM. It is refunded if you don't win.
  5. Bid online on 18 Nov 2026 starting above the reserve price.
  6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.

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Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with State Bank of India. Always verify every detail with the official notice and the authorised officer before paying any money.

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