E-Auction Sale Notice – COROMANDEL AGRICO PRIVATE LIMITED (Under Liquidation)
Jun 13, 2026 • Maryam Begum • Auction Notices / Real Estate Notices
Source:
FinancialExpress E-Paper
E-Auction sale is hereby announced for the assets of M/s Coromandel Agrico Private Limited (Under Liquidation) pursuant to the order of the Hon’ble NCLT, Allahabad Bench dated 05 June 2025, under the Insolvency and Bankruptcy Code, 2016.
The assets will be sold through online e-auction via the IBBI Baanknet e-auction portal on an “AS IS WHERE IS”, “WHATEVER THERE IS” and “WITHOUT RECOURSE BASIS”.
Auction Details:
Date & Time: 06 July 2026, 02:00 PM to 04:00 PM (with 5-minute auto extension on last bid)
Last Date for Submission of Documents & EMD: 04 July 2026 (by 05:00 PM)
Assets under Auction:
Lot A: Residential flat – Sheetal Apartment, Kurla (West), Mumbai
Reserve Price: ₹1,61,60,000 | EMD: ₹16,16,000 | Bid Increment: ₹1,00,000
Lot B: Commercial office space – Alkapuri Arcade, Vadodara, Gujarat
Reserve Price: ₹1,73,96,000 | EMD: ₹17,39,600 | Bid Increment: ₹1,00,000
Lot C: Commercial office – ILD Trade Centre, Sector-47, Sohna Road, Gurugram, Haryana
Reserve Price: ₹2,53,83,000 | EMD: ₹25,38,300 | Bid Increment: ₹2,00,000
Inspection:
Site visits allowed from 12 June 2026 to 04 July 2026 between 10:00 AM to 05:00 PM, subject to prior 48 hours intimation.
EMD Payment:
Through e-wallet on https://ibbi.baanknet.com/portal
Important Notes:
Bidders must comply with eligibility conditions under Section 29A of IBC, 2016.
Liquidator reserves the right to accept/reject bids or cancel/modify the auction without notice.
Balance payment within 30 days from Letter of Intent; extensions subject to SCC approval with applicable interest.
Contact:
Liquidator: Sushil Kumar Singhal
Email: coromandel.cirp@gmail.com
Auction Support: +91 82912 20220 / 022-69029800
Portal: https://ibbi.baanknet.com/eauction-ibbi