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Page 1 of 27 the Authorized Officer (AO) of IDBI Bank Ltd. IDBI Bank Ltd., D NO. 46-22-11, K.S.R Complex, Danavaipeta, Park Road

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Page 1 of 27 the Authorized Officer (AO) of IDBI Bank Ltd. IDBI Bank Ltd., D NO. 46-22-11, K.S.R Complex, Danavaipeta, Park Road The Authorized Officer (AO) of IDBI Bank Ltd. IDBI Bank Ltd., D NO. 46-22-11, K.S.R Complex, Danavaipeta, Park Road, Rajahmundry, East Godavari, Andhra Pradesh - 533103 TENDER DOCUMENT For Sale of Assets (Movable) of The Plant & Machinery of Raw & Boiled Rice Mill Unit, Co-Gen Power Plant Unit and Steel Plant Unit of M/s Sri Kalyani Agro Products and Industries Limited situated at the premises, D No. 5/6, Tanuku Road, Prathipadu Village, Pentapadu Mandal, West Godavari District, Andhra Pradesh -534146 Under The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 And The Security Interest (Enforcement) Rules, 2002 Date: January 02, 2021 Page 1 of 27 E- Auction Notice-Bid Document- Sale of Secured Assets (Movable) Plant & Machinery of M/s Sri Kalyani Agro Products and Industries Limited CONTENTS Sr.No Particulars Page No. I. Possession Notice 3-4 II. Public Notice for auction published in the newspapers 5-6 III. Brief Description of secured assets 7 IV. List of the Plant & Machinery (Indicative List) 8-10 V. Outstanding dues of IDBI Bank 11 VI. Terms & Conditions 12-17 VII. Form - Profile of the Bidder – Individual – Annexure II 18-19 VIII. Form - Profile of the Bidder – Company/ Partnership / Proprietorship 20-21 – Annexure II IX. Form - Appendix to the Bid/Offer (declaration by the Bidder)- 22-23 Annexure III[ Declaration By The Bidder (On General Stamp Paper Of `100/-)] X. Form - Appendix to the Bid/Offer (declaration by the Bidder)- 24-25 Annexure IV XI. Form – confirmation by Bidder – Annexure V 26 XII. Form – Price confirmation letter by bidder – Annexure VI 27 ***** Page 2 of 27 E- Auction Notice-Bid Document- Sale of Secured Assets (Movable) Plant & Machinery of M/s Sri Kalyani Agro Products and Industries Limited I. Possession Notice The below Possession notice was published in East Godavari Edition of Deccan Chronicle (English) and Sakshi (Telugu) on September 03, 2013. Page 3 of 27 E- Auction Notice-Bid Document- Sale of Secured Assets (Movable) Plant & Machinery of M/s Sri Kalyani Agro Products and Industries Limited Page 4 of 27 E- Auction Notice-Bid Document- Sale of Secured Assets (Movable) Plant & Machinery of M/s Sri Kalyani Agro Products and Industries Limited II PUBLIC NOTICE FOR AUCTION PUBLISHED IN THE NEWSPAPERS The below notice was published in Sakshi (Telugu) and Indian Express (English) West Godavari edition on January 03, 2021. Page 5 of 27 E- Auction Notice-Bid Document- Sale of Secured Assets (Movable) Plant & Machinery of M/s Sri Kalyani Agro Products and Industries Limited Branch Office: IDBI Bank Ltd. D.NO.46-22-11, K.S.R.Complex, Danavaipeta, Park Road, Rajahmundry, East Godavari, IDBI Bank Ltd, : Regd.Off.: IDBI Tower, WTC Complex, Cuffe Parade, Mumbai-400005. Andhra Pradesh-533 103. Public Notice for Sale of Plant and Machinery of through online E-auction The undersigned being the Authorized Officer (AO) of the IDBI Bank Ltd. (IDBI) invites Bids/Offers through ONLINE E-auction for sale of the following Secured Assets under the provisions of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 read with the Security Interest (Enforcement) Rules, 2002. Name of the Mortgagor/s Reserve Price (Rs) EMD (Rs) Min Bid Increase M/s Sri Kalyani Agro Products and Industries Rs.2,50,00,000/- Rs.25,00,000/- Rs.1,00,000/- Limited and Directors Sri Vanapalli Narayana Rao, Shri Vanapally Pallaiah, Shri Vanapalli Venkateswara Rao, Shri Ranga Rao Mallareddi. Registered Office: D No 5/6, Tanuku Road, Prathipadu Village, Pentapadu Mandal, Tadepalligudem, West Godavari Dist, Andhra Pradesh -534146. Name of the Borrower(s): M/s Sri Kalyani Agro Products and Industries Limited. Date and Time Inspection Last Date of Submission Date and time of Outstanding dues as Date of Physical of Secured Asset of Sealed Bids E-auction on 01-11-2017 Possession 01-02-2021 to 08-02-2021 10-02-2021 Rs.50,16,08,218/- 30-01-2015 together with further 06-02-2021 from till 5.00 PM between 11.00 AM 11 AM to 3 PM. to 1.00 PM interest thereon with effect from 01-11-2017 in Cash Credit limits and 01-08-2018 in Term Loan accounts and also all other expenses including legal expenses of Rs. 1,44,64,447/- as on 09.12.2020 Brief description of secured Assets: The Plant & Machinery of Raw & Boiled Rice Mill Unit, Co-Gen Power Plant Unit and Steel Plant Unit of M/s Sri Kalyani Agro Products and Industries Limited situated at the premises, D.No.5/6, Tanuku Road, Prathipadu Village, Pentapadu Mandal, West Godavari District, Andhra Pradesh -534146. GIST OF THE TERMS & CONDITIONS APPEARING IN BID DOCUMENT: (1) Sale is strictly subject to the terms & conditions given in this advertisement and the “Tender Document”. The Bid application is available/downloadable from web portal: https://bankauctions.in or from IDBI Bank Ltd, 46- 22-11, Karri Surreddy Plaza, Danavaipeta, Rajahmundry , East Godavari District, Andhra Pradesh-533103. (2) The interested bidders who require assistance in creating Login ID & Password, uploading data, submitting bid, training on e-bidding process etc., may contact Shri U. Subbarao, M/s. 4Closure, by contacting on Helpline No. 040-23836405, +91-8142 0000 61/ 66 and e-mail ID: [email protected]. (3) The bidders may participate in e-auction for bidding from their place of choice. Internet connectivity shall have to be ensured by bidder himself. Bank/Service provider shall not be held responsible for the internet connectivity, network problems, system crash down, power failure etc., In case of technical defects/holiday declared or any other reason, if the website is not available on the day of auction, the respective events shall be postponed to the next working day/ website available day. Only bidders holding valid User ID/Password and confirmed deposit of EMD 10% of reserve price shall be eligible for participating in the e-Auction process. (4) The interested bidders shall submit the tender (duly filled and signed on each page) along with EMD, KYC documents (PAN card and address proof) and other documents. On receipt of EMD & other documents, the bidders shall receive User ID/Password on their valid E-mail ID (mandatory for e-Auction) from e-Auction service provider M/S 4 Closure. Apart from uploading scanned copy of duly filled and signed Annexure II & III (mentioned in tender Notice) on https://bankauctions.in, the hard copy of the same has also to be submitted to IDBI Bank Ltd, Rajahmundry branch before last date and time of submission of the bids. (5) The Earnest Money Deposit [EMD] shall be forfeited of those bidders who have not participated in the bidding on the day of auction despite of providing User ID and password by the e- Auction service provider. The EMD of such bidders shall be refunded only in the case of full payment made by the successful bidder, if any”. (6) The sale of Secured Assets is on “as is where is basis”, “as is what is basis”, “whatever there is basis” and “no recourse basis” for and on behalf of the Secured Creditors viz.: IDBI Bank Ltd. Inspection of Assets is as mentioned that between 11.00 AM to 03.00 PM. (7) The aforesaid property shall not be sold below the reserve price mentioned above. EMD is to be paid through DD/PO drawn on Scheduled Commercial Bank in favour of “IDBI Bank Ltd” payable at Rajahmundry/through RTGS/Funds Transfer to the credit of IDBI Bank Ltd, Account Number 09437000010052, IFSC Code: IBKL0000094, Rajahmundry Branch, East Godavari district, Andhra Pradesh-533103. (8) The Earnest Money Deposit-(EMD) will not carry interest. Authorized Officer (AO) may retain EMD of top three bidders up to 3 months from the date of e- Auction. (9) The successful bidder will be required to deposit 25% of the sale price (less the amount of EMD deposited) at the time of confirmation of sale on day of e-auction. The balance amount of sale price is to be paid within 15 days of the confirmation of the sale or such extended period as may be agreed to by the AO. In case of failure to deposit the balance amount within the prescribed period, the deposited amount shall be forfeited, including earnest money. (10) The AO reserves the right to accept or to reject any or all bids without assigning any reason(s). In case all the bids are rejected, the AO reserves the right to sell the assets by any of the modes as prescribed in the SARFAESI Act. (11) The Secured Assets mentioned in the Bid Document are based on the charges/mortgages created by the Borrower in favour of Secured Creditors, the details whereof are given in the bid document. Interested parties are requested to verify the details of the Secured Assets and inspect the records relating to mortgaged assets available with AO on request. (12) Secured creditors do not take responsibility for any errors/omissions/discrepancy/shortfall etc... in the Secured Assets or for procuring any permission etc... or for the dues of any authority established by law. (13) The Secured Assets are being sold free from charges and encumbrances of Secured Creditors only. (14) The movable assets namely unused motor vehicles consisting of Tractors, Tippers, Trailers, Bikes and Scooters parked/stationed at the premises/site of M/s Sri Kalyani Agro Products and Industries Limited, located at D No. 5/6, Tanuku Road, Prathipadu Village, Pentapadu Mandal, West Godavari District, Andhra Pradesh -534146 are not included in the present sale/excluded from the present e-auction.
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