Auction for Gold Thread Scrap (Quantity: 255.272 Kg)

The MSTC LIMITED, a Public sector organization in India, has issued a Government E-Auction Notice for Auction for Gold Thread Scrap (Quantity: 255.272 Kg) in Chennai, Tamil Nadu, India.

This Auction Notification (Tender ID: MSTC/SRO/TAMIL NADU ZARI LIMITED/2/KANCHEEPURAM/24-25/45453[476837] | Ref ID: 112304099).. The notice was published on 26 Dec 2024, and the e-auction is scheduled to begin on 07 Jan 2025 through the designated e-procurement / e-auction portal.

This public sector e-auction in India provides an opportunity for eligible bidders, contractors, traders, and suppliers to participate in a transparent online bidding process. Interested participants are advised to carefully review the eligibility criteria, asset details, reserve price (if applicable), registration process, EMD requirements, and bidding terms before the auction start date.

Businesses seeking government auction opportunities in India should regularly monitor this listing for corrigendum updates, document downloads, and auction participation guidelines.

Procurement Summary

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Country: India

State: Tamil Nadu

Summary: Auction for Gold Thread Scrap (Quantity: 255.272 Kg)

Posting Date: 26 Dec 2024

Deadline: 07 Jan 2025

Purchaser's Detail

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Other Information

Notice Type: Auction

RefID: 112304099

Notice Ref. No.: MSTC/SRO/TAMIL NADU ZARI LIMITED/2/KANCHEEPURAM/24-25/45453[476837]

Tender Value: Refer Document

Tender EMD: ₹ 100000.00

Tender Document Cost: Refer Document

Competition: NCB

Financier: Self Financed

Purchaser Ownership: Public

Tender's Details

GOLD THREAD SCRAP (0.48 - 0.50% GOLD AND 38% -40% SILVER content)

ON AS IS WHERE IS BASIS and NO COMPLAINT BASIS. Transaction Fees model
For Inspection of material contact Mr. P.DINESHKUMAR. Mobile No.9566949656. Inspection allowed only on working days between 10:30 AM and 5:00 PM.

Samples given are only for Inspection and NOT FOR SALE
Scraps will not be sold in partial quantity
RATE TO BE QUOTED FOR PER KG BASIS GST: 5% and TCS: 1%
H1 Bidder has to deposit 3.54%(incl.of gst)of material value payment towards Transaction Fees model to mstc sro a/c

PrebidEMD & 25% EMD will be adjusted against the mat.value Prebid Emd of Rs.100000/-should be paid to MSTC LTD, through PAY PREBID EMD MODE available in the login on or before One Day prior to E-auction Date.

Auction Details :
Auction No : MSTC/SRO/TAMIL NADU ZARI LIMITED/2/KANCHEEPURAM/24-25/45453[476837]
Opening Date & Time : 07-01-2025::12:00:00
Closing Date & Time : 07-01-2025::17:00:00
Inspection From Date : 24-12-2024
Inspection Closing Date : 06-01-2025
EMD Type : Item Wise

Seller Details :
Seller/Company Name : TAMIL NADU ZARI LIMITED
Location : KANCHEEPURAM
Street : Industrial Estate
City : Kancheepuram - 631502
Country : INDIA
Telephone : 9566949656
Fax :
Email : tamilnaduzari@gmail.com
Contact Person : P.DINESHKUMAR