Auction Catalogue

Auction conducted by mjunction services ltd

OF SALE OF SECONDARY PRODUCTS MATERIALS OF
APL APOLLO Ltd. Murbad Location / March’15
Being sold on “Stock BASIS”
APL/ MJ/eSALES /14-15/OFA-02A
Seller: Lloyds Line Pipes Ltd. (A Subsidiary of APL Apollo Tubes Ltd.)
Auction website: www.metaljunction.com
e-Auction Date & Time: 17th March 2015. Time – 3:30PM
Inspection Date & Time: 10.03.2015 – 16.03.2015. Timing – 10:00AM to 6:00PM
Auction Room No’s: 033-66031760-61, 033-66031763-72, 033- 44091760-61, 033-44091763-72
Material Description: As per Annexure List
Material Location: As per Annexure List
Material Quantity & Tolerance As per Annexure List, Quantity Tolerance +/- 20%.
EMD Amount Rs.25,000 only.
Last date and time for EMD Submission 17.03.2015 by 12:00PM
Contact person for DO, Payment & Refund Mr. Barun Panda and Mr. Sudhir Sharma
Contact person for Inspection & Lifting Mr. Sudhir Sharma - 09765551934
Contact Person for Confirmation Letter Mr. Deepak Goyal and Mr. K R Rao
For Any unresolved Issues Mr. Deepak Goyal and Mr. K R Rao

REQUIREMENTS for PARTICIPATION

Registration Before participation in the e-Auction, a prospective bidder shall be required to get registered with mjunction services limited.
For details visit www.metaljunction.com
For Registration contact Contact Persons of mjunction services limited at different locations for registration & auction related queries:
Location Name Contact No. E-Mail ID
Maharashtra Vishwanath Pandey 7738021128 [email protected]
South(Chennai/Bangalore/Hyderabad) S. Raghavendra 9840935953 [email protected]
North(Delhi/Punjab/Haryana/Hisar) Afsar Tanweer 9643004723 [email protected]
East(Kolkata/Orissa/Jharkhand/Chattisgarh) Abhi Banerjee 8584008232 [email protected]
West(Ahmedabad/Rajkot/Mumbai/Pune) Nitish Shukul 7506735302 [email protected]

Documentation The following documents need to be submitted by the bidder interested in participating in the e-Auction to Mjunction services
limited prior to the date of the e-Auction.
 Statement of Interest duly signed and stamped by bidder along with documents as mentioned in the online registration form
Pre Bid Security Deposit: Non-Interest bearing security deposit of Rs. 25,000 (Rupees Twenty Five Thousand only) through Online Payment only : Details
as under :
Beneficiary Name: MJUNCTION SERVICES LIMITED, Beneficiary Bank name: HDFC BANK LTD, Bank Address: 2/6, Sarat Bose
Road, Central Plaza; Kolkata - 700020, Beneficiary Account Number: 00140310003480, RTGS/NEFT IFSC: HDFC0000014, MICR
NO.: 700240003

For registration and submission of documents please contact any of the numbers of Mjunction Services Ltd as given below.

Address of Mjunction offices for submission of EMD and LOI

KOLKATA: DURGAPUR:
st
1 Floor, Tata Centre, 43, Jawaharlal Nehru Road, Kolkata – 700 071 Room No. 618, IspatBhawan, Durgapur Steel Plant, Durgapur - 713203
Contact No 9163348015,8584008174;9163348124,9163348050 ContactNo.: 0343-6510185;9163348187,9163348127
BHILAI : CHENNAI:
rd
Bhilai Steel Plant, Room No. 321, 3 Floor, IspatBhawan, Bhilai – 490001 Old No. 44, New No. 91, Basement,Armenian Street, George Town,Chennai - 600
9009777860; 0788-2221071 001
044 64624733-35 / 42167417.
nd
ROURKELA: DELHI:C-127, 2 Floor, A-One Plaza, Above Vijaya Bank, Naraina Industrial
th
Administrative Building, Room No. 624, 6 Floor, Rourkela Steel Plant, Rourkela - 769001 Area,Phase-I,
Contact No.: 9937065924;0661-6514142; 9238159802 New Delhi-110028
Contact No.: (011) 2589 6900/ 2589 7000/ 09717010458/
KANPUR: LUDHIANA:
Contact No. 9794002333 Contact No.09216960169
BIDDING MODALITIES
Price Bid Basis: In Indian rupees as per unit of Measurement as given in Material List. Price to be quoted is Basic Ex- location exclusive of excise
duty, Sales tax and any other statutory levies.
Excise duty, Sales tax and any other Statutory levies as applicable at the time of lifting would be charged in addition.
Any change in Excise duty, taxes and levies applicable at the time of payment/lifting will be applicable.
Type of Auction: ENGLISH NO TIES
Bid Validity 2 days

TAXES & DUTIES

VAT / Sales Tax Sales tax As Applicable
CST Advance C form will be accepted. For Interstate sales, Ccustomer’s intending to avail concessional sales tax of 2% against
submission of Form-C shall upfront pay the full tax i.e. 5 % . On submission of C-Form, the equivalent differential amount of 3%
CST shall be refunded. The C-Form shall have to be submitted within a maximum period of 3 months from the date of delivery
failing which no claim regarding the exempted CST will be entertained. “C” form is to be deposited with Llyods Line Pipe Ltd.
Murbad office in consultation with respective APL official. Mr. Dhananjay Jha will be responsible for collecting and processing of
refund of CST-SD on receipt of C form.
Excise Duty 12.36%
TCS As per actual (If Applicable)

PAYMENT TERMS

All payments will be calculated from the date of lot confirmation. 25% of the payment to be deposited within 2 days for the
physical stock and balance payment to be paid before lifting material on regular basis.

Payments For arising material, payment to be made in advance before lifting of the material.

Full payment will be deposited in advance and all payments in form NEFT/RTGS

BENEFICIARY NAME – LLOYDS LINE PIPES LTD.

BANK NAME – AXIS BANK LTD.
A/C No. – 911030043899234
IFSC CODE – UTIB0000007
BRANCH – NEW DELHI MAIN BRANCH, STATESMAN HOUSE 148, BARAKHAMBA ROAD, NEW DELHI - 110001

“Failure of the payment will attract forfeiture of “Pre Bid Security Deposit “
LIFTING TERMS
Lifting: Site to be cleared, 100% of the order quantity to be lifted within 10 days. The Customers by whom the winning bid is submitted
(“winning Customer”) will be allowed to start lifting the Material only after making the complete payment against each lot
(including taxes & duties). The lifting will be under the supervision and direction of concerned official of APL Apollo Ltd. in
charge where the materials are stored. It will be the responsibility of the winning customer to arrange for lifting, payment of
freight and transit insurance. The winning Customer shall be liable to bear the transit insurance and APL Apollo Ltd. shall not be
liable for the same in any manner. Entire lot shall be lifted within 10 working days from the Issuing date of Delivery Order. In
case of non- lifting of full lot quantity after 10 days, penalty of Rs 50 MT per day for the next 5 days to be recovered of the
material value of the un-lifted quantity shall be recovered from the customer. After 15 days the EMD will be forfeited.
Loading The buyer has to engage their own resources i.e. labours, hydra, vehicles to load and transport the material unless lots are
specified for company loading.
LOADING TIME : 08:00AM to 08:00PM
 MATERIAL DETAILS

Total Quantity
Sl Arising In Stock Available for
Product Size and thickness Category Photos
no. Quantity Quantity Auction

1 HR 2mm ~ 6mm HR trims 150 20 170

Trimming
Thickness >
2mm and <
6mm

2 ½” to 3” Dia Round Rej Pipes 50 10 60

Rejected HR / GP /CRFH
Welding and Material
Tool Mark
Pipes

3 40X20 to 96X48 40 8 48
RHS
20X20 to 91X91
Rejected
SHS
Welding and
Length 6 Mtrs.
Tool Mark
HR / GP /CRFH
Pipes
Material
4 4” to 14” Dia Short 30 10 40
Round Length
Short Length < 4 Mtr. Pipes
Length
Rejected
Pipe .

Total Qty 270 48 318

GENERAL RULES AND REGULATION GOVERNING CONDUCT OF ONLINEAUCTIONS ON THE “SERVICE PROVIDER” PLATFORM

INTRODUCTION :

This Online Forward Auction is being conducted for APL Apollo Tubes Pvt Ltd. (hereinafter referred as the “Client’’) on the Auction Platform of Mjunction
Services Limited (hereinafter referred as “Service Provider”).

The General Rules and Regulations provided herein govern the conduct of Online Forward Auctions arranged by “Service provider” on its Auction Platform.
These rules cover the roles and responsibilities of the parties in the online Forward Auctions on the Auction Platform. Acceptance and strict adherence to
these General Rules and Regulations governing conduct of online auctions and General Terms and Conditions for Sale of Materials from The APL Apollo
Tubes Ltd., is a pre-requisite for securing participation in the online auctions.

The key terms pertaining to the online Forward Auctions are provided in the “Annexure-B ”. Prospective bidders are advised to read through the same.

ROLE OF “SERVICE PROVIDER”

1. “Service Provider’ is the agency (operator) primarily providing the platform and service of the online Forward auction to the “client”.
2. Finalization of the auction items in consultation with the client.
3. Defining of bidding rules for each auction in consultation with the client.
4. Enhancing bidder awareness of and comfort with the auction mechanism and bidding rules.
5. Input of the Auction items and defining the bidding rule in the auction engine.
6. Enlarging the successful bidder base by introducing new bidders.
7. Collection of EMD, Letter of Interest etc. from the willing bidders and forwarding the same to the Client.
8. Providing access to the approved bidders to participate in the Auction.
9. Summarizing the Auction proceedings and communicate the outcome to the Client.

The responsibility of fulfillment of the contract rests between the bidders and the client and the “Service Provider” shall not be held responsible in this
respect.

ROLE OF BIDDER

The role of the bidder is outlined below:

1. The bidder would participate in the auction with the aim of bidding to secure the auctioned item in the auction
The bidder would be provided access to the Auction through a “User ID” protected by a “Password”. The bidder needs to ensure that the “User ID” and
“Password” is not revealed to unauthorized persons. Bidders are also requested to change the password allocated to them by the “Service Provider” to
keep their confidentiality. However it would be bidder’s sole responsibility to ensure the security and privacy of the same and he/they would not hold the
“Client” / “Service Provider” responsible in any manner whatsoever for any misuse of these user IDs and/or Password.
Access to the auction mechanism shall be provided to all the approved bidders subsequent to obtaining their written consent to the General Rules &
Regulations and the Letter of Interest. Payment of EMD/Security Deposit (SD) as decided by the client before the start of the Forward auction will be
one of the necessary conditions for participating in the auction.
2. Bidders hereby confirm that they shall commit to lift the item (being bid for) at the price entered by them in the auction engine AND at the terms and
conditions specified herein by the Client. All Prices entered shall be legally binding on the bidders. Bidders are strongly advised to exercise due diligence
while placing bids. Failure to honour the bids placed during online bidding shall render the bidders liable for penal action as deemed fit by “Client” /
“Service Provider”.

3. In the event of winning an allotment in the auction mechanism, the bidder shall commit to fulfill outlined obligations under the contract.

4. The bidders shall bid on the terms specified by the client & place their bids in the auction engine in the manner specified by “Service Provider”. The
bidders shall not stipulate any conditions on their own unless the terms of the client (the client’s terms & conditions) expressly permit such conditions
being stipulated by the bidder. Bids entered with conditions attached shall be considered Conditional bids & “service provider” retains the right of
rejecting these bids even without intimating the client.
BIDDING RULES

The Bidding Rules refer to the information and terms defined specifically for a particular auction. The purpose of the Bidding rules is to provide
approved bidders with the information and terms specific to the auction in which they are bidding. This would include:
 Definition of the lot bidding
 Start Time and duration of the auction
 Any extension of the duration of the auction in the event of bids being received towards the end of the pre-specified duration
 Start Bid Price
 Specified Unit for Bidding
 Price Increments and any reduction in the price increment in the auction in the event of inactivity
 Other attributes (informational/non-negotiable in nature)

While it shall be the endeavor of “Service Provider” to specify these rules at the earliest for each online auction, the “Service Provider” shall retain the
right to delay the announcement of these bidding rules or modify rules specified earlier at the time of the online bidding. These details would be
available to the bidders on the Auction Engine at the time of bidding. Participation in the auction process presumes complete awareness and
understanding of the bidding rules.

CONDUCT OF THE AUCTION:

Only those bidders who have been approved by the “Client” and handed over stamped and manually signed “General Rules and Regulations governing
conduct of online auction along with Letter of Interest, required EMD amount and other necessary documents to the “Client”/ “Service Provider” within
the specified time will be given “Login ID” and “PASSWORD” to enable them view and participate in online auction.
The Auction shall be conducted on pre-specified date. The Key Terms pertaining to the conduct of Auction such as “START TIME”, “DURATION”, “END
TIME” AND “AUTO EXTENSION FACILITY” Shall be specified separately for each
Auction.

“Service provider” retains the right to cancel or reschedule the auction, with the approval of the Competent Authority of the Client, on any of the
following reasons:
 The number of confirmed bidders is deemed insufficient to conduct the auction.
 Some of the confirmed bidders are unable to access the module due to infrastructure problems such as sustained power failure or telecommunication
breakdown.
 There are no bids which are equal to or below Start Bid Price.
 Any other reason which in the opinion of “Service Provider” / “Client” requires such action to be initiated.
 The duration of auction may also vary from the pre-specified period of time either on account of termination of the auction by “Service Provider” on
the advice of the Client
Or
In case of situations where it is felt that continuance of the auction proceedings is prejudicial to the smooth conduct and / or the integrity of the auction
process.
Or
due to Auto Extension during the Auction, duration may increase from specified period.

In the event of any problems being faced in the smooth conduct of the auction, “Service Provider” with the approval of the Competent Authority of the
Client, shall have the right to undertake one or more of the following steps:
6. Cancellation/ premature termination of the auction with/ without a subsequent rerun of the auction on a mutually decided date
7. Cancellation of a bid
8. Locking / deactivate a bidder’s account (suspension of operations in the account), etc.

LIABILITY OF “SERVICE PROVIDER”

“Service Provider” shall not be liable to the client/ bidders participating in the auction or any other person(s) for:
 Any breach of contract by any of the parties in the fulfillment of the underlying contract.
 Any delays in initiating the online auction or postponement / cancellation of the online auction proceedings due to any problem with the hardware /
software / infrastructure facilities or any other shortcomings.

- While, reasonable care and diligence will be taken by “Service Provider” in discharge of its responsibilities such as design of the online bid,
communication of bid details and rules, guidance to client/ bidders in accessing the Auction Engine and placing bids, etc. the bidders shall specifically
indemnify “Service Provider” from all liabilities for any shortcomings on these aspects.

- It is clearly understood that these activities are undertaken by “Service Provider” to assist the bidders in participation but the ultimate
responsibility on all these counts lies totally with the bidders.

RIGHT OF THE CLIENT:

The Client reserves the right to partially or totally accept or reject any / all bids placed in the Online Auction without assigning any reason whatsoever.
The decision of the client would be final and binding on the bidder in any such case.
CONFIDENTIALITY CLAUSE:
“Service Provider” undertakes to handle any sensitive information provided by the client or confirmed bidders for the auctions conducted with utmost
trust and confidentiality.

JURISDICTION
Any disputes relating to the online auction module of “service provider” shall be subject to the exclusive jurisdiction of court at Kolkata only.