Auction Details
Auction No MSTC/BLR/MONITORING COMMITTEE /95/BANGALORE /13-14/9621[70966]
Opening Date   &  Time 25-11-2013::15:00:00
Closing Date & Time Scheduled Time   25-11-2013::17:00:00 Closed At   25-11-2013::17:00:00
Inspection From Date 18-11-2013
Inspection Closing Date 23-11-2013

 

Seller Details
Seller /Company Name MONITORING COMMITTEE
Location BANGALORE
Street KHANIJA BHAVAN, RACE COURSE ROAD
City BANGALORE -560001
Country INDIA
Telephone 08022269632
Fax 08022341135
Email moncom.eauction@gmail.com
Contact Person H R SRINIVASA

 


LOT NO[PCB GRP]/LOT NAME LOT DESC QUANTITY Start Price(Rs./UOM) ED/(ST/VAT) LOCATION
LOT No. :1F
PCB GRP :[PRE-BID Iron Ore BLR]
LOT Name :Iron ore fines
Qnty. 16000 (+ /- 10%) MT in lots of 4000 MT. Type of ore Fines. Bidding basis concerned stack pile (1F). M/s. Auro Minerals, ML No. 2584

Royalty 10%, VAT 5.5% (on auction price and royalty), FDT 12% are applicable.

Indicative Fe%=

16000.0 MT 1 As Applicable /5.5% M/s. Auro Minerals, ML No. 2584 State :Karnataka
LOT No. : 1F
PCB GRP :[PRE-BID Iron Ore BLR]
LOT Name :Iron ore fines
Qnty. 24000 (+ /- 10%) MT in lots of 4000 MT. Type of ore Fines. Bidding basis concerned stack pile (1F). Un-claimed Stock Yard, Iron Ore Stack Details at the Lake Premises of Shetty Kere, Sy No. 352, 353, 354 & 355, Papinayakanahalli Village, Hospet Taluk, Bellary District

Royalty 10%, VAT 5.5% (on auction price and royalty), FDT 12% are applicable.

Indicative Fe%=

24000.0 MT 1 As Applicable /5.5% Un-claimed Stock Yard, Iron Ore Stack Details at the Lake Premises of Shetty Kere, Sy No. 352, 353, 354 & 355 State :Karnataka
LOT No. :2F/LG
PCB GRP :[PRE-BID Iron Ore BLR]
LOT Name :Iron ore Low Grade fines
Qnty. 4000 (+ /- 10%) MT in lots of 4000 MT. Type of ore Low Grade Fines. Bidding basis concerned stack pile (2F/LG). M/s. Sparkline Mining Corporation, ML No. 2567

Royalty 10%, VAT 5.5% (on auction price and royalty), FDT 12% are applicable.

Indicative Fe%=

4000.0 MT 1 As Applicable /5.5% M/s. Sparkline Mining Corporation, ML No. 2567 State :Karnataka
LOT No. :2R/LG
PCB GRP :[PRE-BID Iron Ore BLR]
LOT Name :Iron ore Low Grade ROM
Qnty. 28000 (+ /- 10%) MT in lots of 4000 MT. Type of ore Low Grade ROM. Bidding basis concerned stack pile (2R/LG). M/s. VNK Menon, ML No. 2543

Royalty 10%, VAT 5.5% (on auction price and royalty), FDT 12% are applicable.

Indicative Fe%=

28000.0 MT 1 As Applicable /5.5% M/s. VNK Menon, ML No. 2543 State :Karnataka
LOT No. :3R/LG
PCB GRP :[PRE-BID Iron Ore BLR]
LOT Name :Iron ore Low Grade ROM
Qnty. 4000 (+ /- 10%) MT in lots of 4000 MT. Type of ore Low Grade ROM. Bidding basis concerned stack pile (3R/LG). M/s. VNK Menon, ML No. 2543

Royalty 10%, VAT 5.5% (on auction price and royalty), FDT 12% are applicable.

Indicative Fe%=

4000.0 MT 1 As Applicable /5.5% M/s. VNK Menon, ML No. 2543 State :Karnataka
LOT No. :SY/1F
PCB GRP :[PRE-BID Iron Ore BLR]
LOT Name :Iron ore fines
Qnty. 4000 (+ /- 10%) MT in lots of 4000 MT. Type of ore Fines. Bidding basis concerned stack pile (SY/1F). M/s. Clariya Marketing Services (P) Ltd., Sy No. 152, Ingalagi Village, Hospet Taluk, Bellary District

Royalty 10%, VAT 5.5% (on auction price and royalty), FDT 12% are applicable.

Indicative Fe%=

4000.0 MT 1 As Applicable /5.5% M/s. Clariya Marketing Services (P) Ltd., Sy No. 152, Ingalagi Village, Hospet Taluk, Bellary District State :Karnataka
LOT No. :SY/2F
PCB GRP :[PRE-BID Iron Ore BLR]
LOT Name :Iron ore fines
Qnty. 8000 (+ /- 10%) MT in lots of 4000 MT. Type of ore Fines. Bidding basis concerned stack pile (SY/2F). M/s. Clariya Marketing Services (P) Ltd., Sy No. 152, Ingalagi Village, Hospet Taluk, Bellary District

Royalty 10%, VAT 5.5% (on auction price and royalty), FDT 12% are applicable.

Indicative Fe%=

8000.0 MT 1 As Applicable /5.5% M/s. Clariya Marketing Services (P) Ltd., Sy No. 152, Ingalagi Village, Hospet Taluk, Bellary District State :Karnataka
LOT No. : 2F
PCB GRP :[PRE-BID Iron Ore BLR]
LOT Name :Iron ore fines
Qnty. 4000 (+ /- 10%) MT in lots of 4000 MT. Type of ore Fines. Bidding basis concerned stack pile (2F). M/s. Karthikeya Manganese & Iron Ore Mines Pvt. Ltd., ML No. 2559

Royalty 10%, VAT 5.5% (on auction price and royalty), FDT 12% are applicable.

Indicative Fe%=

4000.0 MT 1 As Applicable /5.5% M/s. Karthikeya Manganese & Iron Ore Mines Pvt. Ltd., ML No. 2559 State :Karnataka
LOT No. :3R/SG
PCB GRP :[PRE-BID Iron Ore BLR]
LOT Name :Iron ore Sub Grade ROM
Qnty. 32000 (+ /- 10%) MT in lots of 4000 MT. Type of ore Sub Grade ROM. Bidding basis concerned stack pile (3R/SG). M/s. Karthikeya Manganese & Iron Ore Mines Pvt. Ltd., ML No. 2559

Royalty 10%, VAT 5.5% (on auction price and royalty), FDT 12% are applicable.

Indicative Fe%=

32000.0 MT 1 As Applicable /5.5% M/s. Karthikeya Manganese & Iron Ore Mines Pvt. Ltd., ML No. 2559 State :Karnataka
LOT No. :2F
PCB GRP :[PRE-BID Iron Ore BLR]
LOT Name :Iron ore fines
Qnty. 4000 (+ /- 10%) MT in lots of 4000 MT. Type of ore Fines. Bidding basis concerned stack pile (2F). M/s. Gogga Gurusanthaiah & Brothers Jambunatha Iron Ore & Red Oxide Mine ML No. 2522

Royalty 10%, VAT 5.5% (on auction price and royalty), FDT 12% are applicable.

Indicative Fe%=

4000.0 MT 1 As Applicable /5.5% M/s. Gogga Gurusanthaiah & Brothers Jambunatha Iron Ore & Red Oxide Mine ML No. 2522 State :Karnataka
LOT No. :3R
PCB GRP :[PRE-BID Iron Ore BLR]
LOT Name :Iron ore ROM
Qnty. 4000 (+ /- 10%) MT in lots of 4000 MT. Type of ore ROM. Bidding basis concerned stack pile (3R). M/s. Gogga Gurusanthaiah & Brothers Jambunatha Iron Ore & Red Oxide Mine ML No. 2522

Royalty 10%, VAT 5.5% (on auction price and royalty), FDT 12% are applicable.

Indicative Fe%=

4000.0 MT 1 As Applicable /5.5% M/s. Gogga Gurusanthaiah & Brothers Jambunatha Iron Ore & Red Oxide Mine ML No. 2522 State :Karnataka
LOT No. :4R
PCB GRP :[PRE-BID Iron Ore BLR]
LOT Name :Iron ore ROM
Qnty. 4000 (+ /- 10%) MT in lots of 4000 MT. Type of ore ROM (Includes over sized iron ore boulders and this lot contains meager quantity of iron ore Fines). Bidding basis concerned stack pile (4R). M/s. Gogga Gurusanthaiah & Brothers Jambunatha Iron Ore & Red Oxide Mine ML No. 2522

Royalty 10%, VAT 5.5% (on auction price and royalty), FDT 12% are applicable.

Indicative Fe%=

4000.0 MT 1 As Applicable /5.5% M/s. Gogga Gurusanthaiah & Brothers Jambunatha Iron Ore & Red Oxide Mine ML No. 2522 State :Karnataka
LOT No. :5R/SG
PCB GRP :[PRE-BID Iron Ore BLR]
LOT Name :Iron ore Sub Grade ROM- Auction as one lot
Qnty. 270000 (+ /- 10%) MT. Type of ore Sub Grade ROM (Hard/compact/old dump, dumped in a valley and ground profile is unknown, the dump consists of BHQ, Laterite boulders). Bidding basis concerned stack pile (5R/SG). M/s. K M Parvathamma, ML No. 2514. Auction for entire lot on as is where is basis. EMD of Rs. 40,50,000/- is required to be deposited.

1. Royalty, VAT or CST, FDT for the entire lot along with Material Value for 70000 MT to be paid by 27/12/2013. For the remaining 2 LMT payment should be on 27/01/2014 (1 LMT) & 27/02/2014 (1 LMT)

2. Material of 270000 MT should be lifted within a month from the date of Bulk Permit issued there against.

Royalty 10%, VAT 5.5% (on auction price and royalty), FDT 12% are applicable.

Indicative Fe%=

270000.0 MT 1 As Applicable /5.5% M/s. K M Parvathamma, ML No. 2514 State :Karnataka
LOT No. :1R/LG
PCB GRP :[PRE-BID Iron Ore BLR]
LOT Name :Iron ore Low Grade ROM- Auction as one lot
Qnty. 505000 (+ /- 10%) MT. Type of ore Low Grade ROM (contains over size boulders of BHQ, Lateritic boulders contains meager amount of phylite) Bidder may use rock breaker. Bidding basis concerned stack pile (1R/LG). M/s. H.G. Ranganagouda ML No. 2148. Auction for entire lot on as is where is basis. EMD of Rs. 75,75,000/- is required to be deposited.

1. Royalty, VAT or CST, FDT for the entire lot along with Material Value for 5000 MT to be paid by 27/12/2013. For the remaining 5 LMT payment should be on 27/01/2014 (1 LMT), 27/02/2014 (1 LMT), 27/03/2014 (1 LMT) , 28/04/2014 (1 LMT) & 27/05/2014

2. Material of 505000 MT should be lifted within a month from the date of Bulk Permit issued there against.

Royalty 10%, VAT 5.5% (on auction price and royalty), FDT 12% are applicable.

Indicative Fe%=

505000.0 MT 1 As Applicable /5.5% M/s. H.G. Ranganagouda ML No. 2148 State :Karnataka
LOT No. : 1R/LG
PCB GRP :[PRE-BID Iron Ore BLR]
LOT Name :Iron ore Low Grade ROM- Auction as one lot
Qnty. 160000 (+ /- 10%) MT. Type of ore Low Grade ROM (Hard compact low grade iron ore dumped in valley) . Bidding basis concerned stack pile (1R/LG). M/s. Mysore Minerals Ltd., (Jambunathanahalli) ML No. 1659. Auction for entire lot on as is where is basis. EMD of Rs. 24,00,000/- is required to be deposited.

1. Royalty, VAT or CST, FDT for the entire lot along with Material Value for 60000 MT to be paid by 27/12/2013. For the remaining 1 LMT payment should be on 27/01/2014.

2. Material of 160000 MT should be lifted within a month from the date of Bulk Permit issued there against.

Royalty 10%, VAT 5.5% (on auction price and royalty), FDT 12% are applicable.

Indicative Fe%=

160000.0 MT 1 As Applicable /5.5% M/s. Mysore Minerals Ltd., (Jambunathanahalli) ML No. 1659 State :Karnataka
LOT No. :1R
PCB GRP :[PRE-BID Iron Ore BLR]
LOT Name :Iron ore ROM- Auction as one lot
Qnty. 100000 (+ /- 10%) MT. Type of ore ROM (mixed with over size IO boulders, allottee may use rock breaker to break the over sized boulders while loading) . Bidding basis concerned stack pile (1R). M/s. P. Vengannasetty & Brothers, ML No. 2587.Auction for entire lot on as is where is basis. EMD of Rs. 15,00,000/- is required to be deposited.

1. Royalty, VAT or CST, FDT for the entire lot along with Material Value for 100000 MT to be paid by 27/12/2013.

2. Material of 100000 MT should be lifted within a month from the date of Bulk Permit issued there against.

Royalty 10%, VAT 5.5% (on auction price and royalty), FDT 12% are applicable.

Indicative Fe%=

100000.0 MT 1 As Applicable /5.5% M/s. P. Vengannasetty & Brothers, ML No. 2587 State :Karnataka
LOT No. :5R
PCB GRP :[PRE-BID Iron Ore BLR]
LOT Name :Iron ore ROM
Qnty. 16000 (+ /- 10%) MT in lots of 4000 MT. Type of ore ROM. Bidding basis concerned stack pile (5R). M/s. MSPL (Vyasanakere Iron Ore Mine) ML No. 2416

Royalty 10%, VAT 5.5% (on auction price and royalty), FDT 12% are applicable.

Indicative Fe%=

16000.0 MT 1 As Applicable /5.5% M/s. MSPL (Vyasanakere Iron Ore Mine) ML No. 2416 State :Karnataka
Total No of Lots = 17
SPECIAL TERMS & CONDITION
PLEASE CLICK HERE TO DOWNLOAD THE "ONLINE AUCTION NOTICE AND ANNEXURES"

PLEASE NOTE:

1. THE BID PRICE INCREMENT IS RS.10/- OR MULTIPLE OF 10.

2. THE AUTO-EXTENSION OF CLOSING TIME IS 5 MINS.

The Iron Ore as mentioned in the e-auction schedule is available on "AS IS WHERE IS BASIS" from Iron Ore Mines/Stockyard, as mentioned therein, for sale through online auction process.

 The physical location of the lot is indicated by markers of suitable type and they are only indicative and not geometrical.

The bid value quoted shall be the basic price in Rupees per WMT (Wet Metric Ton) for the mineral. Royalty, Forest Development Tax, Sales tax, Cess and other statutory duties and levies etc. applicable at the time of supplies will be extra and payable by the successful bidder.

1. ELIGIBILITY: The e-auction is for registered Steel Plants, Pig Iron Plants, Pelletisation Plant, Sponge Iron Plants and Beneficiation Plants who have been wholly/partly dependent on the iron ore from Karnataka for their own use. No middlemen/traders are eligible to participate in the e-auction and no exports will be permissible.

2 .   Customers intending to participate in the Online Auction (OA) would be required to submit the following to M/S MSTC Ltd. The last date and time of submission of EMD and OA documents is as mentioned in clause No. 3 below.

i) Earnest Money Deposit (EMD): Non-interest bearing EMD, of Rs.5,00,000/-(RS. FIVE LAKH) per LOT of 4000 WMT, to be submitted in the form of Demand Draft drawn on any Scheduled commercial/Nationalized bank in favour of 'MONITORING COMMITTEE' payable at BANGALORE. The EMD against the respective lots has to be paid before bidding. Bidders interested in participating for more than one lot need to submit EMD for the total number of lots they intend to participate in.

ii) Online auction notice duly signed and stamped on every page.

iii) A letter of interest duly signed and stamped. Annexure A

iv) Terms and Conditions of sales through Online Auction (OA) signed and stamped on every page. Annexure B

v) Affidavit on a non judicial stamp paper of Rs.100/-, in the prescribed format (Annexure-C), that the products would be used only by the domestic end-user.

vi) General Rules & Regulations governing conduct of online auctions on the service provider platform signed and stamped on every page. Annexure-D

vii) Valid Central/State Sales Tax registration certificate.

viii) Proof of ownership of Steel/Pig iron/Sponge iron/Pelletisation Plant issued by appropriate authority.

ix) Proof of authority to sign the tender documents and the affidavit.

NOTE: It is the responsibility of the willing parties who have submitted documents expressing interest to participate in the particular Online Auction, to go through the requirements and submit all documents as per conditions mentioned in this auction document. Hence the parties are advised to carefully go through the requirements of this auction document and submit all relevant information. Any deviation to the requirements of this auction document (lack of information etc) will be construed as Conditional and measures as decided by Monitoring Committee will be applicable. The decision of Monitoring Committee in this regard will be final and binding on the bidder.

 

3. Last date of submission of EMD and online auction (OA) documents is up to 02.00 PM on or before the date of e-auction.

4. Before actual participation, the bidders may obtain necessary help from MSTC Ltd so as to enable them to participate in the online auction process without any difficulty.

5. The successful bidder has to submit following documents in addition to the documents required in the contract.

 

A)         Affidavit on a non judicial stamp paper of Rs100/-, ensuring that the material purchased from the Monitoring Committee will be used in their own plant only (to be submitted to state Govt at the time of obtaining geological permit (Bulk Permit) in the format prescribed state authority).

 

B)    Copy of the monthly excise returns corresponding to the month in which supply is made to the successful bidder by MONITORING COMMITTEE.

C) Copy of LR confirming the receipt of the material received at factory with inward register copy.

6. If for any reasons beyond the control of MONITORING COMMITTEE all the mineral offered through the online auction or part thereof cannot be delivered, the liability of MONITORING COMMITTEE will be limited only to refund of proportionate amount paid by the customer as applicable for the quantity not delivered.

7. The sale of mineral shall be governed by MONITORING COMMITTEE Terms and Conditions of sale through online auction and online auction notice- Annexure B.

8. MONITORING COMMITTEE reserves the right to withdraw from the sale after advertising or after issue of Acceptance Letter of any quantity of the material without assigning any reasons thereof to the customer. MONITORING COMMITTEE will not be responsible for any damages/loss what so ever to the customer on account of such withdrawal.

9. MONITORING COMMITTEE reserves the right to defer or prepone date for conduct of auction, through internet, mentioned in the notice for auction through internet at its sole discretion. Conditional bids will not be considered.

The e-auction will be conducted through the site http://www.mstcecommerce.com. Auction document containing terms and conditions of the auction may also be downloaded from http://www.mstcindia.co.in.

  

For registration and submission of documents please contact any of the numbers of M/s MSTC Ltd. as given below.

 

KOLKATA:

225-C, A.J.C. Bose Road, Kolkata-700020

Contact No.: (033) 2290-0964, 2287-7557 / 0568 / 77 16/9627/7568

 

MUMBAI :

607-608 Raheja Centre, Nariman Point, Mumbai-40002 1.

Contact No.: (022) 2288 6261 / 22823767 / 22872011 / 22822789.

(022) 2202 2296.

 

NEW DELHI :

30/3 1A Jeevan Vikas Building ,

1st Floor, Asaf Ali Road ( Opp. Hamdard) New Delhi- 110002.

Contact No.: (011) 23214201, 23213945.

 

CHENNAI:

Leelavati Building, 2n d Floor, 69 ,Armenian Street, Chennai-60000 1.

Contact No.: (044) 2521 9004, 2522 2842, and 2523 1584.

 

BANGALORE:

3rd Floor, Kareem Tower, 19/5 & 19/6, Cunningham Road, Bangalore-560052.

Contact No.: (080) 2226 0054, 22266417.

 

VISAKHAPATNAM:

6th Floor  Jeevan Prakash LIC Building, Jeevitha Bima Road, Visakhapatnam-530004.

Contact No.: (0891) 274 6948, 270 1066.

 

VADODARA:

21, Kamalanjali Apartment, 2nd Floor, Opp. Tube Company, Old Padra Road, Akota,

Vadodara-390020.

Contact No.: (0265) 2339 672, 2310 629.