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Scheduled for 23-06-2026 11:00 AM. Listing kept for reference — confirm with the bank whether a fresh sale notice has been issued before taking any action.

Auction EndedScrap, Plant & MachinerySARFAESI AuctionBAANKNET

Punjab National Bank Plant & Machinery Auction in Nelamangala, Bengaluru

Nelamangala, Bengaluru, Karnataka

Property Description

All that hypothecated assets (Plant & Machinery) and all that assets created out of Bank finance and maintained in the unit and all that part and parcel of property (industrial land and building) bearing Plot No. 32/B, Sy. No. 17/2,17/3 and 17/4 situated at Avverahalli Industrial Area, Dabaspete 4th Phase, K G Srinivasapura Village, Sompura Hobli, Nelamangala Taluka, Bengaluru-562 111 admeasuring 65338 Sq. Ft. owned by M/s Elite Corrugators represented by its Proprietor: Mr. M N Gowrishankar. The Sceduled property is bounded on: East by: KIADB Buffer, West By: Plot NO. 32/A, North by: KIADB 15 Mtrs. wide buffer & South by: KIADB 30 Mtr. wide Road

Auction Documents

Document 1

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Documents are sourced from official bank notices. Open in a new tab for full details.

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Reserve Price

₹11.67 Crore

EMD Amount

₹1.17 Crore

Auction Date

23-06-2026 11:00 AM

Application By

22-06-2026 05:00 PM

Bank / Institution

Punjab National Bank

Branch

ASSET RECOVERY MANAGEMENT BRANCH