STATE BANK OF INDIA STRESSED ASSETS MANAGEMENT BRANCH-II, HYDERABAD H.No. 3-4-1013/A, 1st Floor, CAC, TSRTC Bus Station, Kachiguda, Hyderabad-500 027. Ph: 040-23147100 to 23147107, Fax No: 040-29807791, E-mail: [email protected] APPENDIX - IV A [See proviso to Rule 6(2) & 8(6)] E-AUCTION SALE NOTICE Sale of Movable and Immovable properties charged/mortgaged to the bank under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 read with Proviso to Rule 6(2) & 8(6) of the Security Interest (Enforcement) Rules 2002. The undersigned as Authorised Officer of State Bank of India has taken over constructive possession of the following properties under section 13(4) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. Notice is hereby given to the public in general and the Borrower/Guarantors/Mortgagors in particular that the below described property mortgaged/charged to the Secured Creditor will be sold on “As is where is”, “As is what is”, and “Whatever there is” basis on 11.11.2020 for recovery of Rs.21,85,10,638.62 (Rupees Twenty one Crores Eighty Five Lakhs Ten thousand Six Hundred Thirty Eight and paise Sixty Two only) as on 31.12.2019 and further interest at contractual rate from 01.01.2020 with incidental expenses, costs, charges etc, due to the State Bank of India, Secured Creditor, from the Borrower: M/s Hetro Spinners Private Limited (Formerly known as M/s. Sai Manasa Spintex (India) Ltd., represented by its MD Sri. Posani Venkatappaiah, Regd.Off: D.No. 3-28-18/165/B, 5th Lane, Rajendranagar, Guntur-522007. Factory at: GT Road, Beside NH-5, Marturu (V & M), Prakasham District, A.P.- 523301 and Guarantors/mortgagors: (1) Shri.K. Gopal Reddy, Sai Global Yarntex (India) Private Limited, Kwality Towers, D.No. 5-427/1, North Bypass Road, Ongole- 523032. Also at: 9-502/1, C.R.Colony, 5th Lane, Chilakaluripet-522616. (2) Smt.K.Padmaja, 9-502/1, C.R.Colony, 5th Lane, Chilakaluripet-522616. (3) Kum K.Manasa, 9-502/1, 5th Lane, C.R.Colony, Chilakaluripet-522616. (4) Smt. Ch. Uma Maheswari, Vivekananda Nagar, Kukatpally Housing Board, Hyderabad. (5) Sri. P. Laxmi Narayana, Inkollu Village & Mandal, Prakasham District. (6) Smt.Ch. Bhavya Deepika, Wife & Legal Heir of Late Ch. Venkata Ramana Reddy, Flat No. 401, Varalakshmi Villa, D.No.2-22-52/55, Vidyanagar Colony, Kukatpally, Hyderabad - 500072. (7) Ms.Ch. Naga Manasvi, Daughter & Legal Heir of Late Ch. Venkata Ramana Reddy, Flat No. 401, Varalakshmi Villa, D.No.2-22-52/55, Vidyanagar Colony, Kukatpally Hyderabad - 500 072. (8) Smt. P. Lakshmi Satyavathi, W/o Satti Raju, D.No. 3-116, Near I.D.B.I Bank, DLK Road, Palangi (V), Undrajavaram (M), West Godavari-534216. (9) Sri. P.Brahma Naidu, 3-28-18/95, 6th Lane, Brindavan Gardens, Guntur. (10) Smt. Balkuri Maha Lakshmi, MIG 182, H B Colony, Nallapadu Road, Guntur -522004. (11) Smt.Jyosula Kameswara Santosh Kumar, 2-14-117/14, Syamala Nagar, Guntur. (12) Sri.P.Venkatapaiah, S/o. Posani Seshagiri Rao, F.No. F-1, Garden Towers, main Road, Chandramouli Nagar, Guntur Town, Guntur-522007. (13) Shri. M. Pitchaiah, S/o. M. Venkateswarlu, D.No. 26-41-120, Venkataramana Colony, 5th Lane, NGO Colony Main Road, Guntur -522006. (14) Shri. N.Rajesh, 54-14/B-53, Garuda Residency, 502 First Right, Bharathinagar, Vijayawada-520008. (15) Smt. Posani Anitha, W/o Ravi Kumar, D.No. 1-39, Ravipadu Post, Pedanandipadu Mandal, Guntur -522015. (16) Smt. Bikkina Lakshmi, W/o Srinivasa Rao, No. B1, Dhayal Apartments, Afishal Colony, Maharanipet, Vishakapatnam. (17) Ch.Veera Reddy, Plot No.296, Vivekananda Nagar, Kukatpally Housing Board, Hyderabad. DESCRIPTION OF THE MOVABLE PROPERTY Lot No. 1: Plant & Machinery belonging to M/s Hetro Spinners Private Limited( Formerly known as M/s. Sai Manasa Spintex (India) Ltd., situated at Martur Village & Gram Panchayat & Mandal, Prakasham District (Block No. 7 & Near D.No. 7-78). DESCRIPTION OF THE IMMOVABLE PROPERTIES Lot No. 2: (a) Factory land in D.No. 317/D admeasuring Ac. 1.01 Cents or 4888.4 Sq.Mtrs along with constructions situated at Martur Village & Gram Panchayat & Mandal, Prakasham District. (b) Factory land admeasuring Ac. 1.68 Cents or 8131.2 Sq.Yds or 6830.208 Sq.Mtrs with Constructions there on in Sy.No. 317/1C out of Ac. 3.36 Cents Minjumule, in Block No. 7, Martur Village, Gram Panchayat & Mandal near D.No. 7-78, Prakasham District. (c) Factory land admeasuring Ac. 1.60 Cents or 7740 Sq.Yds or 6501.6 Sq.Mtrs in Sy.No. 317/1Z out of Ac. 3.00 Cents minjumle in Block No. 7 near D.No. 7-78, Martur Village, Gram Panchayat & Mandal, Prakasham District. (d) Factory land admeasuring Ac. 0.52 Cents or 2516.8 Sq.Yds or 2114.112 Sq.Mtrs in Sy.No. 317/1Z in Block No. 7, Near Door No. 7-78, Martur Village, Gram Panchayat & Mandal, Prakasham District. (e) Land admeasuring Ac. 0.96 Cents or 4646.4 Sq.Yds or 3902.976 Sq.Mtrs out of Ac. 1.31 Cents in Sy.No. 317/1K situated at Block No. 7, Near Door No. 7-78, Martur Village, Gram Panchayat & Mandal, Prakasham District. Lot No. 3: Non-Agricultural Land admeasuring AC. 1.94 Cents or 0.78 Cents in D.No. 110/2 situated at Ravipadu Village, Prathipadu Mandal, Guntur District. Lot No. 4: All that Residential Flat No. S-2 in 2nd Floor of “Garden Towers” admeasuring 985 Sq.ft situated at Chandramouli Nagar, 7th Line, Brindavan Gardens Centre, Lakshmipuram Main Road locality, Guntur. Lot No. 5: All that the land admeasuring 290 Sq.Yds or 242.48 Sq.Mtrs in D.No. 11/A, VLT Code No. 6768) situated at Nallapadu Village, within Guntur Municipal Corporation, Sub-District & Distrcit Guntur. Lot No. 6: All that land admeasuring 1156.86 Sq.Yds or 967.25 Sq.Mtrs out of Ac. 2.14 Cents in D.No. 264 situated at Koritepadu Village, now within Guntur Municipal Corporation limits, Guntur. Lot No. 7: All that Land admeasuring 1008 Sq.Yds or 842.81 Sq.Mtrs in D.No. 270 (Ac. 0.75 Cents out of Ac. 6.77 Cents) situated at Guntur Village, Guntur shivar Reddypalem, G.P. Sub-Dist Guntur, Guntur District. Lot No. 8: Flat No. 405 in 4th Floor of “Samsthitha Apartment” admeasuring 1086 Sq.ft Undivided Share of Land 44.22 Sq.Yds in D.No. 483/A, 483/B, situated at Gorantla Village, Koritepadu Mandal, Sub-Dist & District Guntur. Lot No. 9: Flat No. 005 of “Samsthitha Apartment” admeasuring 1086 Sq.ft Undivided Share of Land 44.22 Sq.Yds in D.No. 483/A, 483/B, situated at Gorantla Village, Koritepadu Mandal, Sub-Dist & District Guntur. Lot No. 10: Flat No. 305 in 3rd Floor of “Samsthitha Apartment” admeasuring 1086 Sq.ft Undivided Share of Land 44.22 Sq.Yds in D.No. 483/A, 483/B, situated at Gorantla Village, Koritepadu Mandal, Sub-Dist & District Guntur. Lot No. 11: Flat No. 313 in 3rd Floor of “Samsthitha Apartment” admeasuring 1086 Sq.ft Undivided Share of Land 44.22 Sq.Yds or 36.97 Sq.Mtrs built on Plot measuring 2824 Sq.Yds or 2361.23 Sq.Mtrs in D.No. 483/A, 483/B, situated at Gorantla Village, Koritepadu Mandal, Sub-Dist & District Guntur. S. Property to be Date & Time of e-Auction Reserve Price Below which the Earnest Money Bid Increment No auctioned property will not be sold (In Rs.) Deposit (In Rs.) (In Rs.) 1 Lot No. 1 11.11.2020, 10.00 AM to 11.00 AM 12,64,00,000/- 1,26,40,000/- 5,00,000/- 2 Lot No. 2 11.11.2020, 10.00 AM to 11.00 AM 12,25,00,000/- 1,22,50,000/- 5,00,000/- (a,b,c,d, and e put together) 3 Lot No. 3 11.11.2020, 10.30 AM to 11.30 AM 69,00,000/- 6,90,000/- 50,000/- 4 Lot No. 4 11.11.2020, 11.00 AM to 12.00 Noon 43,00,000/- 4,30,000/- 20,000/- 3 Lot No. 5 11.11.2020, 11.30 AM to 12.30 PM 2,39,00,000/- 23,90,000/- 1,00,000/- 6 Lot No. 6 11.11.2020, 12.30 PM to 01.00 PM 1,97,00,000/- 19,70,000/- 1,00,000/- 7 Lot No. 7 11.11.2020, 01.00 PM to 02.00 PM 2,37,00,000/- 23,70,000/- 1,00,000/- 8 Lot No. 8 11.11.2020, 02.30 PM to 03.30 PM 25,00,000/- 2,50,000/- 25,000/- 9 Lot No. 9 11.11.2020, 03.00 PM to 04.00 PM 25,00,000/- 2,50,000/- 25,000/- 10 Lot No. 10 11.11.2020, 03.30 PM to 04.30 PM 25,00,000/- 2,50,000/- 25,000/- 11 Lot No. 11 11.11.2020, 04.00 PM to 05.00 PM 25,00,000/- 2,50,000/- 25,000/- Last Date for receiving Bid applications is upto 5.00 PM of 09.11.2020. Date & Time of inspection of the Property from 02.11.2020 to 07.11.2020 between 11.00 am to 5.00 pm with prior appointment. For any Clarifications: Shri. G.V. Ramakrishna, Asst. General Manager, Mobile No: 9704666922 (1) E-Auction is being held on “AS IS WHERE IS” “AS IS WHAT IS” and “WHATEVER THERE IS” and will be conducted “On Line”. The auction will be conducted through the Bank's approved Service Provider, M/s. C1 India Pvt Ltd, Plot No.301, 1st Floor, UdyogVihar, Phase-2, Gulf Petrochem Building, Gurgaon, Haryana-122015 at the web portal (Support Email: [email protected]. For detailed terms and conditions of the sale, please refer to the link provided in secured creditor's website ie., https://www.sbi.co.in. (2) The sale shall be subject to rules/conditions prescribed under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. The other terms and conditions of the e-Auction are published in the following website i.e., http://www.sbi.co.in and http://bancauctions.com. (3) The intending purchasers/bidders are required to deposit EMD amount either through NEFT/RTGS Transfer or online Transfer into the Account No.35754767051 in favour of 'SBI SAMB BRANCH OFFICE A/c (O/A NO LIEN) at State Bank of India, SAM BRANCH-II, Hyderabad, Branch Code:18359, IFS Code: SBIN0018359. (4) For inspection and any clarifications the intending bidders may contact the Authorised Officer on Phone No. 040- 23147107, Mobile No. 9704666922 or Bank's Approved Resolution Agent M/s Goodwill Associates, on Cell Nos.9949901281 or 9177562244. (5) For any Technical assistance the intending bidders may contact Bank's approved Service Provider: M/S. C1 India Pvt Ltd, Gurgaon, Haryanaon Cell Nos.7291981124/1125/1126, helpline No.91-124-4302020/21/22/23/24 and also contact Mr. B.M.Gandhi, Hyderabad on 9700333933. Date: 03.09.2020, Place: Hyderabad. Sd/- Authorized Officer, State Bank of India, SAMB-II, Hyderabad.
Vijayawada