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Immovable/Land/Salem

Event Details
Event Type :
SARFAESI
Event No. :
244055
NIT Ref. No. :
Omkara Assets Reconstruction Private Limited Vs LSP Agro Limited
Tender / Event Title :
Omkara Assets Reconstruction Private Limited Vs LSP Agro Limited
Event Bank/Organisation Name :
Omkara Assets Reconstruction Private Limited
Event Branch :
Omkara PS 01/2025-26 Trust
Property Details
Property Category :
Immovable
Property Sub Category :
Land
Property Description :
Pari Passu Charge with Kotak Mahindra Bank (erstwhile Lakshmi Vilas Bank) on the factory lands at T.S.No. 92/2, ward No.E, Block-7, 63 pallapatty Village, itteri Road, Salem West Joint III Sub Reg Div, Salem Taluk, Salem District, belonging to B.S. Shanmugam admeasuring 0.95 acres boundaries of which are as follows. North of Kaialinga Udaiyar Property, South of Perumal Property, East of itteri Road, West of 16’0 Road Pari Passu charge with Kotak Mahindra Bank (erstwhile Lakshmi Vilas Bank) on the EM of factory land having an extent of 9,651 sq. ft (Excl.1,270 sq. ft on which Ganesh Temple has been built abutting Suramangalam Main Road) in TS No.92/4 and 8,138 sq. ft in TS No.92/8 aggregating to 17,789 sq. ft (excluding lands on which Ganesh Temple has been built of 1,270 sq. ft) with superstructures thereon belonging to Mr. B.S. Arunachalam the boundaries of which are as follows: Item No.1:- In Pallapatty Village T.S.No.92/4, Block No.7, Ward E situated North of Krishnan’s Property, South of Suramangalam main road, East of 16ft Pulbic Cart – Track Xerox Copy 8, West of Salem Co-op Marketing Society Item No.2:- In Pallapatty Village T.S.No.92/8, Block No.7, Ward E situated North of Krishnan’s Property, South of Kumareses’s Property, East of 16ft Public cart – Track, West of Salem Co-op Marketing Society Pari Passu charge with Kotak Mahindra Bank (erstwhile Lakshmi Vilas Bank) on the EM of factory land having an extent of 6200 sq. ft on TS No.92/5 and 7920 sq. ft in TS No.92/9 aggregating to 14120 sq. ft in Ward E Block with superstructures thereon belonging to Mr. B.S. Krishnan the boundaries of which are as follows. Item No.1 :-In Pallapatty Village T.S.No.92/5, extent of 6200 sq. ft in Ward E Block, Suramangalam Main road, Salem taluk, Salem District situated North – Arunachalam Property, South-Chandrasekar Property, East- Co-op Marketing Society, West -16’0 Public Cart track Item No.2 :-In Pallapatty Village T.S.No.92/9, extent of 7920 sq. ft. in Ward E Block, Suramangalam Main road, Salem taluk, Salem District situated North-Arunachalam Property, South - Chandrasekar Property, East- Co-op Marketing Society,West -16’0 Public Cart track Pari Passu charge with Kotak Mahindra Bank (erstwhile Lakshmi Vilas Bank) on the EM of factory land having an extent of 90 cents (45 cents in TS Nos 93 & 45 cents in TS No.93 & 16/1) with superstructures thereon,Item No.1:- In Pallapatty Village T.S.No.93, extent 45 cents belonging to (i) Mr. B.S. Selvakumar (ii) Mr. B.S. Mohan Kumar (iii) Mr. B.S. Muralidharan & (iv) Mrs. Vasantha situated North of Sri. S. Ravi Babu Property, South of LSP Oil Mill compound, East of Sivaramalingaudayar property, West of marketing society & Mannarchettiyar Property Item No.2 :-In Pallapatty Village T.S.No.93& 16/1, extent 45 cents belonging to (i) Mr. B.K. Hemanth Kumar, (ii) Mr. B.C. Dharmaprakash, (iii) Mr. B.C. Karthik, (iV) Mr. B.K. Rajaganesh & (V) Mr. B.K. Sivakaumar situated North of Sivaramalingaudayar land, South of Mannar Cheety land and B.P.Prusothaman Vadaiyar Property, East of Sivaramalingaudayar land, West of 16 wide itteri common pathway and mannarchetty land Pari-Passu charge with Kotak Mahindra Bank (erstwhile Lakshmi Vilas Bank) on Factory Land having an extent of 1.36 acres belonging jointly to (i) M/s Vasantha Arunachalam Investments (P) Limited (ii) M/s Hemanth Kumar Investments (P) Limited (iii) M/s Dhakshayani Investments (P) Limited & (iv) M/s Usharani Investments (P) Limited admeasuring 1.36 acres, the boundaries of which are as follows: Item No. 1-In Naickempatti Village, Sy No. 24/4K (Part), 24/4L (Part), 24/4M (Part), extent of 0.32 acre, Salem Taluk, Salem District situated:North by S. No. 23, Ellampillai Main Road, South by S. No. 24/4N & 24/4M lands, East by S. No. 24/2 land, West by S. No. 24/4K, 24/4L & 24/4M lands.Item No.2-In Naickempatti Village, Sy No. 24/4N (Part), 24/4O (Part), extent of 0.37 acre, Salem Taluk, Salem District situated:North by S. No. 24/4M (Part) land, South by S. No. 24/4P land, East by S. No. 24/2 land, West by S. No. 24/4N (Part), 24/4M (Part) lands Item No.3-In Naickempatti Village, Sy No. 24/4P (Part), extent of 0.30 acre, Salem Taluk, Salem District situated:North by S. No. 24/4N & 24/4O lands, South by S. No. 24/3 lands, East by No. 12, Thumbathulipatti Village, West by S. No. 24/5 lands. Item No.4:-In Naickempatti Village, Sy No. 24/3 (New No. 24/3A 2A), extent of 0.37 acre, Salem Taluk, Salem District situated:North by S. No. 24/4P, M/s Usharani Investments (P) Limited land & Thumbathulipatti Village Boundary, South by Thumbathulipatti Village Boundary, East by S. No. 24/3 Thumbathulipatti Village Boundary, West by S. No. 24/3 part lands
Borrower's Name :
LSP Agro Limited
Auction Details
Reserve Price :
27,00,00,000.00
Tender Fee :
0.00
Price Bid :
applicable
Bid Increment value :
25,00,000.00
Auto Extension time :
5 (In Minutes)
No. of Auto Extension :
Unlimited Extension
DSC Required :
No
EMD Details
EMD Amount :
2,70,00,000.00
EMD Deposit Bank Name :
ICICI Bank Limited
EMD Deposit Bank Account Number :
055505019145
EMD Deposit Bank IFSC Code :
ICIC0000555
Important Dates
Press Release Date :
22 Oct 2026 00:00
Date of Inspection of Property (From) :
06 Nov 2026 10:00
Date of Inspection of Property (To) :
06 Nov 2026 17:00
Offer (First Round Quote) Submission Last Date :
12 Nov 2026 18:00
Offer (First Round Quote) Opening Date :
12 Nov 2026 18:05
Auction Start Date and Time :
13 Nov 2026 11:00
Auction End Date and Time :
13 Nov 2026 12:00
Auction Related Documents
View NIT Documents :
Documents to be Submitted :
Pan Card,Annexure 3/Declaration Form,Annexure 2/Details of Bidder,Proof Of Address
Tender Documents :
Annexure 2/Details of Bidders :
Annexure 3/Declaration by Bidders :