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Details

VE COMMERCIAL VEHICLES LTD. ODISHA 12-08-2025

BRASS SCRAP RADIATORS, BRAKE DRUM, DISKS, SCRAP IRON, ALUMINUM, RUBBER, PLYWOOD, BUMPERS, MOTOR PARTS, GLASS, PLASTIC, FIBRE AND OTHER MISC. AUTO PARTS. APPROX.42 MT. IN LOT Rourkela Location- 21 ton, Sambalpur-6 ton, Koida-8 ton, Jharsuguda Location : 3.5 ton, Sundergarh Location : 3.5 ton

       E-AUCTION NOTICE VE COMMERICAL VEHICLES LTD.

                                          TERMS & CONDITIONS

          THE E-AUCTION WILL BE GOVERNED BY THE FOLLOWING TERMS & CONDITIONS: -

Organization Name

VE COMMERICAL VEHICLES LTD.

Material for Auction (as per serial no.)
  1. BRASS SCRAP RADIATORS, BRAKE DRUM, DISKS, SCRAP IRON, ALUMINUM, RUBBER, PLYWOOD, BUMPERS, MOTOR PARTS, GLASS, PLASTIC, FIBRE AND OTHER MISC. AUTO PARTS.   APPROX.42 MT. IN LOT  Rourkela Location- 21 ton, Sambalpur-6 ton, Koida-8 ton, Jharsuguda Location : 3.5 ton, Sundergarh Location  : 3.5 ton

Location

Material lying at following Depots in Orissa. list can be downloaded from website.

ROURKELA LOCATION

SAMBALPUR LOCATION

VE COMMERCIAL VEHICLES LTD.
PLOT NO-153, KHATA NO-261/152,
MOUZA- SAN-NUAGAON, PO-Chikatmati
PS-BRAHMANI TARANG, TEHSIL-LATHIKATA
DIST- SUNDARGARH, PIN- 770031
ODISHA ,
_____Contact Details___
 SANDEEP JAISWAL M: 8984757118 RAM PANDA M:7750009514

VE COMMERCIAL VEHICLES LTD.
PLOT NO-2325/3656/2335.,
SAMBALPUR TOWN, UNIT NO-12
VILLAGE-REMED. POST- BAREIPALI.
P.S- AINTHAPALI.
SAMBALPUR,PIN-768006

_____Contact Details___
SUMANTA SAHOO M: 7978042381
ASHIS M: 8114658636

SUNDERGARH LOCATION

JHARSUGUDA LOCATION

VE Commercial Vehicles Limited, SH10, Bhawanipur, Sundargarh, Odisha 770020,NEAR KEDIA PETROL PUMP(BHARAT PETROL)
_____Contact Details___
  ROHIT M:9994222856 RAJNI M:7903318980 PRASHANT LOHAR M:8250143439

VE COMMERCIAL VEHICLES LTD,AT : OPP. HOTEL ORCHARD,BYPASS ROAD, JHARSUGUDA, PIN-768203 (ODISHA)
_____Contact Details___
 Mr. Saroja Pani-

7608972002

 

VE COMMERCIAL VEHICLES LTD, plot no1138/2508,khata no 149/314, mouza koira, Tahsil banai, dist-sundar gar-770048  KOIDA-Mo:9938747030

Inspection Date and Timings

05th August-2025 to 11th August-2025 from 10 AM to 5 PM

 

E-Auction Date and Timings

12th August-2025  from 14:30 PM.

E-Auction Duration

1 hour (Auto extension applicable)

Security Amount (to be submitted before auction)

E.M.D Rs. 1,00,000/- (Rs. One Lakh Only)  

Contract Period/Material Present

The material is on as is where is basis, the material must be lifted before stipulated time. Penalty clause applicable.

 

Rate to be quoted

Depot and lot wise

Tax - GST + TCS

 18% + 1% or as Applicable on billing date.

Final Amount to be deposited by Bidder

(Highest bid) + Taxes as calculated, final amount within 96 hours.  “The buyer will arrange the e-way bill for transportation of items himself ”.

Participation Fee

Rs. 10,000/- plus GST, For H1 Bidder for Each Lot.

Details:

  1.  EMD Rs. 1,00,000/- for scrap, to be deposited in the form of RTGS/NEFT in the account of ACCURATE AUCTIONEERS before the starting of the auction. Permission to participate shall not be given until the Participant has deposited the mentioned EMD.
  2. Details of Bank:

NAME: ACCURATE AUCTIONEERS, PUNJAB NATIONAL BANK,

GANDHI NAGAR DELHI-31,  A/c NO. 00851131000809

IFSC CODE: PUNB0008510

  1. For Scrap & Motor parts items depot wise rates to be quoted in E-Auction and will be sold to highest bidder. VE COMMERICAL VEHICLES LTD. reserves the right to withhold sale of a scrap of all or any depot without assigning any reason. Security will be refunded to the highest bidder only after submitting the NOC received from the VE COMMIERICAL VEHICLES LTD.
  2. The successful bidder will deposit the total amount, which will be informed to him through E-mail. He must deposit the final amount within 96 hours of intimation, by the successful bidder in the form of a RTGS in favour of M/S VE COMMERICAL VEHICLES LTD.. Account.
  3.   Bidders must register themselves on www.accurateauctioneers.in.
  4. The highest bidder of depot wise lot should give his proper identification i.e. voter card/driving license/ration card/passport or any other valid proof of address in case of individual and the registration certificate in case of the firms etc. before taking the delivery of the material.
  5.  It would be assumed that the bidder has inspected the materials before furnishing of their bid.  No complaint will be entertained after the auction.
  6. The buyer will have to remove the material at his own cost within 10 days for all depots, or 1 day for each depot after making full payment, and issue of invoice, and will make his own arrangement for removal of the materials and ensure adherence to all safety and scrap disposal norms as per the existing statutory and environmental laws. A certificate to this affect will be rendered by successful bidder before the lifting of material. A penalty of Rs. 5,000/- per day will be charged, if the scrap material is not removed within the given time.
  7.   If the bidder fails to observe / comply any of the above stipulation, the earnest money shall be forfeited by VE COMMERICAL VEHICLES LTD.
  8. In case of any damage to the property of VE COMMERICAL VEHICLES LTD.while lifting the material penalty can be imposed by the organisation on the Highest Bidder.
  9.  In case of the wrong bid, decision will be taken by VE COMMERICAL VEHICLES LTD.

 

ALL THE MATERIAL WILL BE SOLD ON “AS IS WHERE IS” BASIS.

 DOWNLOAD TERMS AND CONDTIONS & PHOTOS FROM WEBSITE AND READ CAREFULLY. 

Start Date:
12/Aug/2025
Start Time:
14:30:00
On Behalf Of
VE COMMERICAL VEHICLES LTD.
AT:
accurateauctioneers.in
Inspection Date
05th August-2025 to 11th August-2025 from 10 AM to 5 PM
Address
DETAILS CAN BE ACERTAINDED FORM WEBSITE.
Documents: