Listing ID

1088886

Institution M/s. Nexus Electro Steel Limited (In Liquidation)
Institution Branch Chennai
Contact Details:

Contact  The Liquidator : Mr. R. Dharmarajan, Liquidator E-mail: rp.nexussteel@gmail.com

Auction Type Liquidation Auction
Corporate Debtor M/s. Nexus Electro Steel Limited (In Liquidation)
Asset Category Immovable
Asset Type Others
Asset Details Company as a whole As going concern
Asset Schedule

Company as a whole As going concern

(“As is where is, as is what is, whatever there is and without recourse basis”)


Nexus Electro Steel Limited is engaged in manufacture of Cut Laminations, Core Assembly, Windings and Core & Coil Assembly, the active parts of a transformer. The Company has two manufacturing units. The First Unit is situated at Opp. JSW Steel, Mumbai – Nashik Highway #3, Kasne Village, Vashind P.O. – 421 604, Thane District, Maharashtra State, India. This Plant is a modern pre-engineered building and has a dust proof environment. The Second Unit is situated at Plot No. B-53, 54 & 55, B -125, C-70, PIPDIC Industrial Estate, Mettupalayam, Puducherry – 605 009, India and has all the requisite facilities to produce Cut laminations suitable for Distribution & Power Transformers. At present the both the units are not running. 

Asset Address

1) PIPDIC Industrial Estate, Puducherry in the Union Territory of Puducherry 

(2) Kasne Village, Thane District, Maharastra

Asset Location Puducherry
City Pondicherry
Reserve Price
300000000
EMD
30000000
Time Extention 5
Publication Date March 7th
Auction Date Time February 27th, 2023 at 3:00pm
Auction End Date Time February 27th, 2023 at 4:00pm
Application Submission Deadline February 25th, 2023 at 5:00pm
E-Auction Provider 4Closure
E-Auction Url www.bankauctions.in
Documents Available English Sale Notice