Under the Instruction of Seller (Larsen & Toubro
Construction)
Accurate Auctioneers and Consultant Pvt Ltd is
an authorized e-auction provider for Seller
(M/s Larsen & Toubro Construction ) to obtain online
bids through its portal www.accurateauctioneers.in The Sale & Purchase
are made directly
by the Seller & buyers (Bidder(s)).
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e-AUCTION Schedule
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Kindly Read all the Instructions Carefully.
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e-Auction
Timing
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Date: 03-11-2026, Tuesday, Start
Time: 04:30 PM Hrs.
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Time
Slot:
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1 Hour, Subject
to Auto Extensions of 3 Minutes.
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e-Auction
Link:
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www.accurateauctioneers.in
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Inspection:
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Inspection from
31.10.2026 to 03.11.2026 from 10:30 Hrs. to 14:00 Hrs. & 15:00 Hrs. to 17:00
Hrs. (Except Sunday & Holiday)
Inspection
is mandatory before participating
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Address:
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L&T
CONSTRUCTION M/s LARSEN TOUBRO LIMITED, IKEA GMP Project
Sector 47 Gurgaon, Contact Person - Mr. Ranjit Sharma/ Mr. Rajesh –
7859914849/ 9811447371,
Please refer
to the Site Address below from the material list
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EMD
Submission:
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Can also be submitted to Auctioneer’s Account. Details as Follow:
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Name- Accurate Auctioneers and Consult PVT LTD.*
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*A/C NO-50200061987260* *IFSC: HDFC0001351*
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Post Bid CMD- Bidder has
to deposit 10 percent of the sale value
to Accurate
Auctioneers
as post bid CMD within 48 hours after auction is completed including Pre-Bid
CMD amount.
REFUND- For post Bid CMD and any excess payment made to
L&T in the form of RTGS or Demand draft,
refund will be initiated from L&T account.
Accurate Auctioneers will not play
any role in this refund
related issues &
Follow-up.
Refund Initiation of CMD only
48 hours after
e-auction subject to request received by bidder through
Accurate Auctioneers portal.
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E-AUCTION RESULT CONFIRMATION & PAYMENT
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1. L&T Construction shall issue
a final confirmation of acceptance/rejection
for all lots
within 30 Working days (excluding e-auction date)
2. If the approval period has
expired, bidders must send a withdrawal e-mail to cancel their
bid before receiving final confirmation.
3. The buyer shall deposit 100%
payment within 05 calendar days from the
date of confirmation, subject to acceptance of his bid amount and said lot/'s from Accurate Auctioneers.
4. Membership Fee
is compulsory if due will be deducted from security deposited,
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Product Details
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LOT NO
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Material Description
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UOM
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Qty
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EMD
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Event Fee+GST
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TOTAL EMD
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1
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MS office Container 20’x10’ – 1 Nos
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NO
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1
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3000
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500
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3500
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2
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Tools and machinery – 1 Lot (List enclosed)
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LOT
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1
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25000
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3000
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28000
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TOTAL
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28,000
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3,500
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31,500
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Tools and
machinery list:
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S. NO
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MATERIAL DESC
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UOM
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Scrap Qty
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Location
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1
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SURFACE
PLANNER
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Numbers
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1
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Formwork Yard
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2
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Wood
Planner Machine - MICOR Make (Model- SP18)
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Numbers
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2
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Formwork Yard
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3
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REBAR
STRAIGHTENING MACHINE TE-5-12 (TEXACO ENGINEERING)
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Numbers
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1
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Steel Yard
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4
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BAR BENDING
MACHINE - 42 MM
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Numbers
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2
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Steel Yard
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5
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SERVO
VOLTAGE STABILIZER; FOR TOWER CRANE; 150 KVA; MAKE:- VOLINA; MODEL:-
VSTO-150380;
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Numbers
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1
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Near Gate 4
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6
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CONCRETE
BUCKET; BANANA TYPE; CAPACITY: -0.5 CUM
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Numbers
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1
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Steel Yard
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7
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CONCRETE
BUCKET; TYPE: - CONICAL TYPE; CAPACITY :- 0.7 CUM;
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Numbers
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1
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Steel Yard
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8
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REBAR SCRAP
STRAIGHTENING MACHINE; TYPE :- ELECTRIC; MAKE :- SPARTAN; MODEL :- SSM-12;
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Numbers
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1
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Steel Yard
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9
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BAR BENDING
MACHINE; TYPE :- ELECTRIC; CAPACITY :- 32 MM; MAKE :- SIGMA; MODEL :- STAR
42;
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Numbers
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1
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Steel Yard
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10
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BAR BENDING
MACHINE; TYPE :- ELECTRIC; CAPACITY :- 40 MM; MAKE :- SIGMA; MODEL :- DBM 55;
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Numbers
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2
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Formwork Yard
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11
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BAR CUTTING
MACHINE; TYPE :- ELECTRIC; CAPACITY :- 40 MM; MAKE :- SIGMA; MODEL :- DCM 55;
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Numbers
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3
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Steel Yard
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12
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BAR CUTTING
MACHINE; TYPE :- ELECTRIC; CAPACITY :- 42 MM; MAKE :- INNOMAC; MODEL :- ICM
52;
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Numbers
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1
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Near Gate 4
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Conditions: -
- Weighment shall be
done at L&T or L&T nominated weighbridge & shall be final and
binding on both parties, weighment
charges if any shall be in Vendor's scope. Scrap lifting Vehicle driver
should have heavy vehicle
license and
vehicle should have all documents like, RC, Fitness certificate, PUC
certificate, First aid kit etc.
No two or three-wheeler
vehicles are allowed inside IKEA Site for any material loading. Material to be
properly covered and taken away from site.
- Signed and stamped
Scrap pledge is required to be submitted.
3. As per Notification No. 25/2024-Central
Tax, dated 9 October 2024, in case of supply of metal scrap by registered
person to a registered person (B2B), GST TDS must be deducted @ 2% by the
recipient if the taxable value of metal scrap per contract exceeds
Rs.2,50,000/-
- Steel materials need
cutting and it shall be responsibility of Vendor.
- Please ensure Physical
visit by Bidders before auction mandatory.
- GRAP Restrictions to
be followed while disposal by Vendor.
DOWNLOAD TERMS CONDITIONS AND PHOTOS FROM WEBSITE AND READ CARFFULLY.
