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SEBI Mumbai 10 Used Car Auction 2026

Jan 09 2026

SEBI Puts 10 Used Office Cars up for Auction in Mumbai; Inspection Open till January 19th 2026

Mumbai: The Securities and Exchange Board of India (SEBI) has invited bids for the sale of 10 used office cars through auction in Mumbai, offering vehicles on an Official Notification basis. Interested bidders can inspect the vehicles and participate in the auction after submitting the required Earnest Money Deposit (EMD).

Also Check -  https://www.eauctionsindia.com/bank/securities-exchange-board-of-india

According to the auction document, SEBI — the autonomous market regulator established under the SEBI Act, 1992 — is disposing of its office vehicles and has laid down detailed terms and conditions for participation.

Vehicle inspection window open

The cars are available for physical inspection from January 06, 2026 to January 19, 2026 up to 11:00 AM, on all working days (excluding Saturdays, Sundays and government holidays).
Inspection venue:

  • SEBI Bhavan II, Plot No. C-7, G Block, Bandra-Kurla Complex, Bandra (East), Mumbai – 400051

  • Timings: 10:00 AM to 5:00 PM

  • Queries may be addressed to the officer in-charge at 022-26449109

EMD and bidding details

To participate in the auction, bidders must:

  • Deposit EMD of ₹50,000 per vehicle

  • Make payment through NEFT in favour of “Securities and Exchange Board of India”

  • Use Virtual Account Code: SEBIRCEMDEPCAR01 (vehicle-wise codes also provided below)

  • Deadline for EMD payment: January 19, 2026 up to 11:00 AM

No exemption from EMD will be allowed and late deposits will be rejected. The EMD will not carry any interest. The bid amount to be quoted on the GeM portal must be above the reserve price and inclusive of GST.

Post-auction process

  • Successful bidders must deposit full sale consideration within 5 working days of sale order

  • All RTO transfer formalities and charges will be borne by the buyer

  • Vehicles will be delivered only after completion of transfer documentation

  • If the sale amount is not deposited in time, EMD will be forfeited

  • SEBI reserves the right to reject any or all bids without assigning reason

List of cars on auction (with opening prices)

  1. Honda CR-V 2.0 AT (Petrol)
    Reg. No.: MH-02-EP-7534 | Reg. Date: 09/10/2017
    Mileage: 69,727 km | Opening Price: ₹1,62,163
    EMD Virtual Code: SEBIRCEMDEPCAR01

  2. Tata Hexa XTA (Diesel)
    Reg. No.: MH-02-EU-9433 | Reg. Date: 21/06/2018
    Mileage: 92,427 km | Opening Price: ₹1,15,125
    EMD Virtual Code: SEBIRCEMDEPCAR04

  3. Mahindra Marazzo 7-Seater (Diesel)
    Reg. No.: MH-02-EZ-7139 | Reg. Date: 29/12/2018
    Mileage: 96,293 km | Opening Price: ₹1,00,902
    EMD Virtual Code: SEBIRCEMDEPCAR05

  4. Tata Hexa XTA (Diesel)
    Reg. No.: MH-02-EU-9435 | Reg. Date: 21/06/2018
    Mileage: 73,487 km | Opening Price: ₹1,15,125
    EMD Virtual Code: SEBIRCEMDEPCAR03

  5. Tata Harrier XZ 2.0L (Diesel)
    Reg. No.: MH-02-FE-3241 | Reg. Date: 12/06/2019
    Mileage: 82,826 km | Opening Price: ₹1,19,816
    EMD Virtual Code: SEBIRCEMDEPCAR08

  6. Tata Harrier XZ 2.0L (Diesel)
    Reg. No.: MH-02-FE-2797 | Reg. Date: 27/05/2019
    Mileage: 81,564 km | Opening Price: ₹1,20,153
    EMD Virtual Code: SEBIRCEMDEPCAR07

  7. Hyundai Verna 1.6 CRDi Automatic (Diesel)
    Reg. No.: MH-02-FJ-3099 | Reg. Date: 18/03/2020
    Mileage: 32,133 km | Opening Price: ₹96,052
    EMD Virtual Code: SEBIRCEMDEPCAR09

  8. Toyota Corolla Altis 1.8 VL (Petrol)
    Reg. No.: MH-02-EU-3779 | Reg. Date: 14/02/2018
    Mileage: 52,789 km | Opening Price: ₹1,41,725
    EMD Virtual Code: SEBIRCEMDEPCAR02

  9. Toyota Innova Crysta 2.4 G (Diesel)
    Reg. No.: MH-02-FJ-3502 | Reg. Date: 27/05/2020
    Mileage: 76,854 km | Opening Price: ₹1,30,862
    EMD Virtual Code: SEBIRCEMDEPCAR10

  10. Toyota Corolla Altis (Diesel)
    Reg. No.: MH-02-EZ-7324 | Reg. Date: 04/01/2019
    Mileage: 75,207 km | Opening Price: ₹1,23,942
    EMD Virtual Code: SEBIRCEMDEPCAR06

SEBI has clarified that ownership transfer will only be in the name of the successful bidder as mentioned in the submitted forms and the regulator is not bound to accept the highest bid.

OFFICIAL NOTIFICATION of Each Car: