Punjab National Bank Plant & Machinery Auction in Nelamangala, Bengaluru

All that hypothecated assets (Plant & Machinery) and all that assets created out of Bank finance and maintained in the unit and all that part and parcel of property (industrial land and building) bearing Plot No. 32/B, Sy. No. 17/2,17/3 and 17/4 situated at Avverahalli Industrial Area, Dabaspete 4th Phase, K G Srinivasapura Village, Sompura Hobli, Nelamangala Taluka, Bengaluru 562 111 admeasuring 65338 Sq. Ft. Alloted to M/s Elite Corrugators represented by its Proprietor: Mr. MN Gowrishankar. The Sceduled property is bounded on :-East by: KIADB Buffer, West By: Plot NO. 32/A, North by: KIADB 15 Mtrs. wide buffer & South by: KIADB 30 Mtr. wide Road. (lease Hold Right, Mortgage Has Been Created On The Basis Of Lease Cum Sale Agreement Dated 09.12.2019 With Kiadb With 10years Of Lease Period And The Sale Deed Is Yet To BE executed) DESCRIPTION OF PLANT & MACHINERY 5 Ply Corrugated Packing Box Manufacturing Unit - 1) Automatic 5 Ply plant overhead bridge, heater plates and hydraulic reel stand. 2) Automatic 5 Ply plant Corrugator machine universal driven - 2 no. bridge guide and tension control-1No. 3) Automatic 5 Ply plant-Triplex pre-heaters and hydraulic reel stand. 4) Automatic 5 Ply plant-lot 4 blade slitter scorer-1 No. and auto plant cross stacker 1No. 5) Automatic 5 Ply plant - lot 5 Gling Machine-1 No. 6) Automatic 5 Ply plant-lot 6 NC Sheet cut off Helical blade 1 no. and centralised control penal-1 No. 7) Automatic 5 Ply plant-lot 7 Hydralic Reel stand track & trolley 1 no. 8) Automatic 5 Ply plant-lot 8 lead edge 2 color PSDC-1 No. Auto cartoon folder & gluer-1 No. All the above machineries are China Make supplied by M/s Congzhou Packing Machinery & Manufacturing Co. 9) Semi Automatic Stitching Machine Manufactured by M/s PEPL, Jalna, Maharastra. 10) Electrical Power Supply Installation including transformer, cables, cable trays and PDB panels Supplied by M/s Nanda Electricals, Nelamangala, Bengaluru 11) 3 TPH Wood Fired Boiler with accessories like 6KL Feed Water tank, dust collector ID fan and Chimney Mfrd./Supplied by M/s Shanti Boilers and Pressure Vessels P. Ltd. Hyderabad.