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In a significant opportunity for traders, recyclers and bullion buyers, Hindustan Aeronautics Limited (HAL) is set to conduct an e-auction of gold and metal scrap through MSTC Limited on April 28, 2026. The auction, hosted from HAL’s Avionics Division in Balanagar, includes gold material, gold remnants, copper plates and mixed metal scrap.
The sale will take place on an “as is where is” and “no complaint” basis, placing full responsibility on bidders to inspect and evaluate the material before participating.
Sale Notice
The auction features 5 lots, with bidding based on per gram or per kilogram rates:
Payments are to be made in favour of HAL Hyderabad via SBI (HAL Campus Branch).
Bidders are strongly advised to conduct physical inspection, as:
The auction is governed by stringent rules:
“Caveat Emptor” (Buyer Beware) principle applies
Failure to comply with payment timelines may result in:
With gold prices remaining strong in India, the HAL auction offers a rare institutional supply opportunity, especially for:
Bullion traders
The inclusion of high-value gold lots alongside scrap metals makes this auction particularly attractive for diversified bidders.
The HAL Hyderabad MSTC auction is a time-sensitive opportunity with strict compliance requirements and high-value inventory. Interested bidders must complete EMD deposits, inspections and documentation well in advance to avoid last-minute disqualification.
The GMR Hyderabad Air Cargo – A division of GACAEL has announced a major e-auction of jewellery consignments through MSTC Auction, offering buyers an opportunity to bid on multiple lots under transparent online bidding. The auction, numbered MSTC/HYD/GMR Hyderabad Air Cargo/2/Hyderabad/26-27/3001, is scheduled to take place on April 24, 2026, with bidding opening at 11:00 AM and closing at 3:00 PM.
OFFICIAL NOTICE
According to the official catalogue, the inspection of lots will be conducted on April 22, 2026, allowing interested bidders to physically verify the materials before participating. The auction will follow an “as is where is”, “as is what is”, and “no complaint” basis, making it essential for bidders to carefully assess the goods in advance.
A total of five jewellery shipment lots (J1 to J5) have been listed in the catalogue. These include mixed jewellery items, metal scrap jewellery, silver jewellery, and other metal categories, each offered as a single lot. Notably, all lots have been given a base price of just ₹1, with a minimum bid increment of ₹1, making it highly competitive. However, bidders must note that a post-bid Earnest Money Deposit (EMD) of 25% of the final bid value is mandatory.
| S.No | Item Description | Material/Type | Quantity/Weight |
|---|---|---|---|
| 1 | Silver Ring (925) | Silver | 19 grams |
| 2 | 4-piece bracelet set with Lapis beads and SP beads | Beads / Fashion Jewellery | 4 pieces |
| 3 | 4-piece Amethyst rough stone locket with thread and alloy metal | Semi-precious stone / Alloy | 4 pieces |
| 4 | Silver Chain (925) | Silver | 23 grams |
| 5 | Gold Kada (22 KT) | Gold | 20 grams |
| 6 | Corundum Rough Stone | Gemstone (Raw Material) | 9.9 kg |
In terms of taxation, most lots attract 3% GST, while one lot carries a higher 18% GST, depending on the category. Additionally, no Tax Collected at Source (TCS) is applicable for these lots. The bid validity extends until May 24, 2026, giving the seller time for acceptance.
The payment structure is strictly defined. Successful bidders must deposit the post-bid EMD within 3 days of acceptance, followed by the full balance payment within 7 days. Any delay will attract a penalty of 1% per week plus GST. Buyers are also required to complete the lifting of goods within 60 days of delivery order issuance, failing which ground rent at 1% per week plus GST will be charged.
Delivery of the auctioned goods is subject to customs clearance procedures, which may take 45 to 60 days. Buyers must also arrange for any required approvals or licenses, including those from Customs, DGFT, BIS or other regulatory bodies, if applicable. Importantly, authorities reserve the right to withhold delivery at any stage, even after full payment, under certain conditions.
The seller, located at the Air Cargo Terminal, Rajiv Gandhi International Airport, Shamshabad, Hyderabad, has emphasized that bidders must rely on physical inspection rather than catalogue images, as photos are provided only for reference. Participation in the auction implies full acceptance of all terms and conditions laid out by MSTC and the seller.
The auction also includes provisions for auto-extension of 8 minutes, ensuring fair opportunity for all bidders if last-minute bids are placed. Interested participants must be registered with MSTC and are advised to regularly monitor their dashboards and emails for updates such as Sale Intimation Letter (SIL), Acceptance Letter (AL), and Delivery Orders (DO).
With a low entry price, multiple jewellery categories, and strict compliance requirements, the Hyderabad air cargo jewellery auction 2026 is expected to attract traders, recyclers, and bulk buyers looking for value opportunities in the secondary market.
