MAGNA AUTOMOTIVE INDIA PRIVATE LIMITED

PLOT NO. A12, MIDC, TALEGAON INDUSTRIAL AREA, VILLAGE NAVLAKH UMBRE, TALUKA-MAVAL, DISTRICT-PUNE,
MAHARASHTRA STATE, INDIA-410 507

E-Business Dot Com Pvt. Ltd. is an authorized e- commerce service provider for “MAGNA AUTOMOTIVE INDIA PRIVATE
LIMITED, TALEGAON.” (Seller) to obtain rates online through
www.steelez.biz

MAGNA AUTOMOTIVE INDIA PRIVATE LIMITED

SELLER NAME PLOT NO. A12, MIDC, TALEGAON INDUSTRIAL AREA, VILLAGE NAVLAKH UMBRE, TALUKA-
MAVAL,DISTRICT-PUNE, MAHARASHTRA STATE, INDIA-410 507

E-BUSINESS DOT COM PVT LTD

201 ROYAL ESTATE BUILDING, 9/2 SOUTH TUKOGANJ, INDORE,452001
AUCTION TO BE MADHYA PRADESH.
CONDUCTED BY PH:-0731-4715405/06/12/13/00
MOB- 9752492136/37/40/41/42
PORTAL :WWW.STEELEZ.BIZ

TH
DATE 29 JUNE 2023
OPENING TIME 01.00PM & CLOSING TIME 02:00PM (WITH THE GAP OF 2 MINUTES BETWEEN EVERY
DATE & TIME OF
LOT, FOR DETAILS PLS CHECK WEBSITE)
AUCTION
(AUTO EXTENSION AS APPLICABLE)
AUCTION WEBSITE : WWW.STEELEZ.BIZ

BIDDING IN THE LAST MINUTES AND SECONDS SHOULD BE AVOIDED IN THE BIDDERS OWN INTEREST
SPECIAL NEITHER THE SERVICE PROVIDER NOR SELLER WILL BE RESPONSIBLE FOR ANY LAPSES /FAILURE ON
INSTRUCTIONS THE PART OF THE BIDDER, IN SUCH CASES. IF THE SESSION GETS EXPIRED AND ACCOUNT GETS
LOGGED OUT, BIDDER NEEDS TO RE-LOGIN HIS/HER ACCOUNT.

SCHEDULE OF PROGRAM
INSPECTION OF TH
TILL 28 JUNE 2023 (MONDAY TO FRIDAY) (TIME 2 PM to 5 PM)
MATERIAL

MAGNA AUTOMOTIVE INDIA PRIVATE LIMITED

PLOT NO. A12, MIDC, TALEGAON INDUSTRIAL AREA, VILLAGE NAVLAKH UMBRE,
FOR INSPECTION
TALUKA-MAVAL,DISTRICT-PUNE, MAHARASHTRA STATE, INDIA-410 507
MR. RISHIKESH 9109970992

(REQUIRED ANNUAL TURNOVER OF 30 CR & ABOVE)

AS PER BELOW TABLE IN EBUSINESS DOT COM PVT LTD, HDFC BANK A/C NO. 00362560011912
EMD DETAILS
IF H1 BIDDER FAILS TO HONOUR HIS BID THEN PARTICIPATING EMD AMOUNT WOULD BE
FORFEITED.

AFTER APPROVAL OF LOT HIGHEST BIDDER HAS TO PAY SECURITY DEPOSIT OF RS. 15 LAKH IN THE
ACCOUNT OF MAGNA AUTOMOTIVE INDIA PRIVATE LIMITED WHICH WOULD BE REFUNDED AFTER
SECURITY DEPOSIT
SUCCESSFULLY COMPLETION OF CONTRACT FOR HR PUNCHING SCRAP GA GI CR COATED & WELDED
CHASSIS CUT SCRAP
NOTE: IF THE SESSION GETS EXPIRED AND ACCOUNT GETS LOGGED OUT, BIDDER NEEDS TO RE-LOGIN
HIS/HER ACCOUNT.
DETAILS
LOCATION: TALEGAON

Scrap Recipient should agree to depute five vehicles in Scrap Seller’s premises and ensures that two vehicles shall be
placed in scrap yard below scrap conveyor, one vehicle near hopper & two vehicle as stand by at designated area.
And labor and supervisor should be available daily from 08 PM to 05 PM.
ONE DAY ADVANCE PAYMENT REQUIRED
Also Party has to lift material form Magna vendor locations

Only bidders with annual turnover of 30 Cr & more can participate , Requirement Last year (P& L + Balance Sheet)

All buyers should be compulsory to submit on end of Contract’s next day the Diversion Certificate on His latter Head, otherwise he
will be not able to participate in next Auction

Auction Material Material

Company Product Description Quantity EMD SD
ID Location Lifting
QTY APPROX:- HR ST
MAGNA AUTOMOTIVE HR and CR 1
SCRAP- 300MT, CR
INDIA PRIVATE punching scrap & JULY 23
103135 SCRAP- 250MT, Talegaon 600 MT TH 200000 1500000
LIMITED- TALEGAON [ welded chassis cut TO 10
WELDED CHASSIS CUT
Talegaon ] scrap JULY 23
SCRAP- 40 to 50MT

QTY MAY INCREASE OR DECREASE, SO ALL THE SCRAP QTY MUST BE LIFTED WHATEVER THE SCRAP QTY IS
GENERATED IN THE CONTRACT PERIOD H1 PARTY HAS TO LIFT

AUCTION ID 103135 DETAILS QTY IN TONS

SCRAP DESCRIPTION HR SCRAP CR SCRAP
PUNCHING SCRAP 350 MT 250 MT
WELDED CHASSIS CUT SCRAP 30-50MT

TAX CONDITION- RATES ARE BASIC, ALL APPLICABLE TAXES ARE EXTRA. RATES QUOTED ARE PER UOM

**SCRAP SALE AS IS WHERE IS BASIS & NO COMPLAINT BASIS”

PICTURE

HR PUNCHING SCRAP GA GI CR COATED & WELDED CHASSIS CUT SCRAP

Picture is indicative & it is only for reference. All bidders are requested to inspect the material before
bidding. All bidders are liable to the bid quoted by them.

TERMS, CONDITION AND RULES FOR LIFTING IN MAGNA

1. The rates are only for the material i.e. loading, unloading and transportation. All other charges will be
borne by Scrap Recipient.
2. Scrap Recipient shall make full payment in advance against the sale value calculated as per the agreed
rates. Invoice will be made only against payment of advance. Scrap carrying vehicles shall be permitted
to leave the factory premises only upon payment of full consideration by Scrap Recipient.
3. Scrap Recipient shall deposit Rs.15,00,000.00 (Rupees fifteen Lakhs) as an interest free refundable
security deposit with Scrap Seller. The said deposit shall not be adjusted against normal receivables. The
Security deposit shall be repaid by the Scrap Seller at the time of termination or expiry of the Agreement
whichever occurs earlier only after necessary adjustment if any, due from the Scrap Recipient.
4. Scrap Recipient shall lift the scrap from date 16th to 30th of each month & vehicle should be out from
MAGNA premises after the defined date(subject to Lifting status).( before 8.30 am on 1st of every
month).
5. Buyer will share 10-15 truck details with the vehicle number to MAGNA 2(two) days before starting of
lifting. 2 Vehicles will be placed under the hopper. 1 vehicle will be placed near the hopper for manual
loading as well as a replacement of filled vehicle from hopper. More 2 vehicles will be near material gate
for replacement of filled and dispatched vehicles at any moment of time.
6. All vehicles should comply with following mandatory requirements and agrees to indemnify the Scrap
Seller for any losses, claims incurred by Scrap Seller due to such non-compliances.
a) RTO Registration
b) Valid PUC
c) Fitness certificate
d) RTO tax Paid
e) Insurance
f) Driver’s valid driving license
7. Scrap Recipient should agree to depute five vehicles in Scrap Seller’s premises and ensures that two
vehicles shall be placed in scrap yard below scrap conveyor, one vehicle near hopper & two vehicle as
stand by at designated area.
8. No detention charges will be paid by Scrap Seller if vehicle is kept hold in its premises after 5.00pm.
9. Buyer/Scrap recipient shall arrange 5-10 personnel labor force for manual lifting of scrap which is
available in bins.
10. Scrap Recipient/buyer shall adhere the Safety rules as per Cosma standard.
11. Scrap recipient/buyer shall not indulge in any improper practice viz. theft, misappropriation of scrap
while carrying out the work and shall indemnify the Scrap Seller for any losses suffered by them.
12. Scrap Recipient shall strictly adhere to the number of trucks which are permitted to be in the Company
premises as defined in clause 5&6 here in above. Failure to comply shall result in penalty of Rs. 20,000
per truck per day basis and will be deducted from the security deposit of the Scrap Recipient without
any right to claim or dispute and Scrap Recipient hereby agrees for the same.
13. Scrap recipient shall ensure that there is truck placed under scrap conveyor at all times as required by
the Scrap Seller. If scrap falls directly on the floor due to non-availability of truck/improper parking of
truck/vehicle, the Scrap Recipient shall be liable for a penalty of Rs. 30,000 per day.
14. Repeated failure to adhere to MAGNA guidelines will result in termination of this agreement without
any cost and notice to the Scrap Recipient.
PROCEDURE OF FORWARD AUCTIONING

 MAGNA AUTOMOTIVE INDIA PRIVATE LIMITED will declare its Starting Price (SP), which shall be visible to the all
bidders during the start of the forward Auction.
 The start price of an item in online forward auction is open to all the participating bidders. Any bidder can start
bidding, in the online forward auction, from the start price itself. The second online bid and onwards will have to be
higher than the H1 rate by minimum one increment value, or higher.

 The minimum bid increment amount shall be display at the time of auction. The Bidding Rates will be on Per UOM.

 Bidding in the last minutes and seconds should be avoided in the bidders own interest Neither the Service Provider
nor Seller will be responsible for any lapses /failure on the part of the bidder, in such cases.

 The Auto Bid feature allows Bidders to place an automated bid against other Bidders in an auction and bid without
having to enter a new amount each time a competing Bidder submits a new offer.

 Auto bid is not a confirmed bid. It is only the maximum ceiling amount set by the bidder to enable the auction engine
to place bids on his behalf, whenever he is out bidded, upto the ceiling set by him

 Bidder will be able to view the following on your screen along with the necessary fields in the Forward Auction:-

(a) Highest Bid in the Auction.

(b) Bid Placed by you.
(c) Opening Price & Increment Value.
(d) Final Closing Price

Training: Steelez.com will provide training (online) if required by the bidders at a mutually Convenient date and time
before the Auction.

TERMS & CONDITIONS OF FORWARD AUCTION

(TO BE SIGNED ON EACH PAGE BY THE PARTICIPANT IN AUCTION)

 Subject to the reserve price, if any, fixed by the SELLER and subject to the terms and conditions set out herein, sale
shall be made to the HIGHEST BIDDER on “AS IS WHERE BASIS ”and“ NO COMPLAINT BASIS IS.” The Seller does not
undertake any responsibility to procure any permission/license etc. in respect of the auction property offered for sale.
 SELLER reserves the right to modify and amend the terms & conditions and announce the same at any time before
the auction concludes. Announcements during the auction on the website including announcement of any additional
conditions OR correction in the catalogue and/or additions or deletions of items being offered for sale are being done
with the consent and knowledge of the seller, and it is binding on the bidder.
 Seller and e-Business dot Com Pvt Ltd is not responsible for any damages, including damages that result from, but
are not limited to negligence. e-Business dot Com Pvt Ltd will not be held responsible for consequential damages,
including but not limited to systems problems, inability to use the system, loss of electronic information etc.
 In the event of failure on the part of the successful bidder to fulfill his contractual obligations, seller / Steelez reserves
the right to debar such bidder from participating in any future auction conducted by Steelez on behalf of seller.
 EMD/DEPOSIT: Buyers will need to pay refundable EMD/deposit as specified by the seller. The Seller reserves the
right of forfeit the EMD/deposit for non-adherence of any / various conditions / clauses as laid down during the
auction.
 The highest bidder does not get any right to demand acceptance of his offer. SELLER reserves the right to accept/
reject/ cancel any bid, withdraw any portion of the Auction Property at any stage from Auction even after acceptance
of bid/ issue of delivery order or release order/ deposit of full value by successful bidder without assigning any reason
thereof. In the event of such rejection/ cancellation/ withdrawal, SELLER, shall refund the value of Auction Property, if
paid for, to the successful bidder. SELLER shall not be responsible for any damages/loss whatsoever to the successful
bidder on account of such withdrawal.

 CONTRACT VALIDITY: AS PER MATERIAL TABLE

 PAYMENT: All payments shall be made I the form of RTGS/NEFT issued by any Scheduled /Nationalized Bank in favor
of MAGNA AUTOMOTIVE INDIA PRIVATE LIMITED. The successful tenderer(s) will be intimated about the acceptance
of the offer and would be required to deposit in full cost of materials and applicable sale tax and duties within 3-days
 by crossed Demand Draft in favor MAGNA AUTOMOTIVE INDIA PRIVATE LIMITED payable at PUNE failing which
MAGNA AUTOMOTIVE INDIA PRIVATE LIMITED may award the contract to any other party at the cost of the
successful tenderer (s) and the EMD shall be forfeited. The Successful tenderer(s) shall also be liable to pay damages
to MAGNA AUTOMOTIVE INDIA PRIVATE LIMITED arising out of non deposit of price and re-awarding of contract by
MAGNA AUTOMOTIVE INDIA PRIVATE LIMITED to any other party.
NO OTHER MODE OF PAYMENT WILL BE ACCEPTED.

 LIFTING OF MATERIAL:-The time is the essence of the contract and the successful tenderer (s) should start
lifting the material with immediate effect on award of contract after depositing the cost of the material as per
the Contract.

 PENALTY FOR NON LIFTING OF SCRAP :-In case the materials are not lifted from the specified locations as
indicated in the offer schedule or by seller, MAGNA AUTOMOTIVE INDIA PRIVATE LIMITED reserves its rights
to dispose it off to any other party and loss will be made good by the successful tenderer and MAGNA
AUTOMOTIVE INDIA PRIVATE LIMITED will be at liberty to adjust the amount of EMD and cost of material, the
loss and damages suffered by MAGNA AUTOMOTIVE INDIA PRIVATE LIMITED due to re-awarding of contract to
any other party. The successful tenderer (s) shall also be liable to pay loss and damages. No extension will
normally be permitted either for deposit of amount or for lifting the materials. Such extension, if any, in special
case, will be valid only if permitted in writing by seller Such extension would be granted only .

 *****No Delay in Lifting of Material & Payments. *****

 Vehicles should be placed as per Magna. Failing the same EMD will be forfeited.
 100% Payments should be made in advance prior to placing the vehicle in form of RTGS /NEFT only. NO OTHER
MODE OF PAYMENT WILL BE ACCEPTED

MATERIAL INSPECTION - I HAVE INSPECTED ALL MY INTERESTED PRODUCTS AND I AM READY TO LIFT ALL THE MATERIAL
AS IS WHERE IS BASIS AND NO COMPLAINT BASIS WITHOUT ANY CONDITION IN WHICH I WILL BID.

NOTE: Material is sold on “as is where is basis”. Buyers to inspect the scrap/material thoroughly & satisfy themselves
about the nature & properties of the item. No complaint will be entertained in regard to quality type of these materials.
The material once sold will not be taken back in any circumstances.

Acceptance of the above terms and conditions:-

We confirm that we have read and clearly understood above terms and conditions. We undertake to abide by
these terms and condition:-

Name and Designation of Authorized Signatory with seal.