A fertilizer plant, shut down in 2003, is sold via a ValueJunction auction
A pharmaceutical major in Bangalore disposes all its old and industrial assets
A leading power company in Delhi successfully disposes 356 obsolete items
It is heartening to know that 9 customers had participated in the e-auction and there had been keen competition among all customers and the winning price was 9.51 Cr (Basic).
Mr P. Gupta DGM I/C, SAIL Growth Works, Kulti
...the efforts made by your company for conducting online forward auctions for disposal of Idle Assets are praise worthy... The Blast Furnace No.1 with old GCP fetched a price of INR 698 Lakhs in a difficult market situation.
Mr N. K. Kameshwara AGM (Sales), SAIL IISCO
In this forward auction, the response by bidders was very good and prices quoted by them are reasonable and the no. of H1 bids are better as compared to earlier auctions.. We appreciate the effort taken by mjunction to conduct the auction.
Mr M. K. Tripathi Senior Executive, NDPL, Delhi
It is appreciated that mjunction has taken up the challenge of discovering customers for used locomotives in the process of market making and have conducted an exclusive forward auction..
Mr Sanjiv Nayyar DGM I/C (M&M Stores), Bhilai Steel Plant-SAIL