Distressed assets worth over Rs 500 crore going for auction in October

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distressed assets

If you’re looking to acquire quality distressed assets, here are some of the latest auction notices published in the newspapersof 25 September 2026. The opportunities include:

  • A ₹237.50 crore commercial property in Gurugram’s Udyog Vihar, being sold by Punjab National Bank.
  • A factory in the Mahad industrial area, up for sale under the IBC liquidation of Divya Agro Chem.
  • A ₹257.86 crore stressed loan portfolio on offer from Hero FinCorp.
  • Residential property and pledged gold.

The key dates, reserve prices and contact details are in the table below.

Sl NoNotice (PDF p.)Type / lawBorrower / debtorAssetReserve priceEMDAuction / key dateOther deadlines
1Punjab National Bank, SAMB Mumbai (p.9)E-auction, SARFAESI Rule 8(6)Rolta Pvt LtdCommercial property, Plot 187, Phase 1, Udyog Vihar, Gurugram; 7,800 sq m; in bank’s physical possession₹237.50 crIn detailed notice6 Oct 2026Inspection by appointment
2Divya Agro Chem Pvt Ltd, in liquidation (p.27)E-auction, IBC liquidation (assets sold collectively)Divya Agro Chem Pvt Ltd (CIN U24219MH2009PTC192776)Factory land and building with furniture and fixtures, Plot A-14, Mahad MIDC, Raigad₹74,30,800₹7,43,080 (bid increment ₹1,00,000)23 Oct 2026, 11 am–4 pmEOI and EMD by 21 Oct; inspection 25 Sep–21 Oct
3Motilal Oswal Home Finance (p.27)E-auction, SARFAESI Rules 8 and 9, 30-day noticeMaheshwar Ramcharitra Singh; co-borrower Usha Maheshwar Singh; LAN LXPAN00316-170030065 (Panvel)Flat 203, A Wing, Saidham CHS, Survey No. 93, Kalher, Bhiwandi, Thane; 52.51 sq m₹7,00,000₹70,0002 Nov 2026, 11 am–2 pmEMD by 1 Nov; demand notice 11 Dec 2025 for ₹10,97,945
4Indian Bank, Vashi Juhu Road branch (p.7)Gold loan auction (pledged ornaments)Pooja Prasad Gubbla; a/c 7741011770Jewellery, 146.48 g gross / 120 g net; market value about ₹15,79,200Not statedNot stated9 Oct 2026, 4 pm, at the branchOutstanding ₹5,22,439 plus interest as of 24 Sep
5Hero FinCorp (p.9)Sale to ARCs by Swiss challenge; EOI stage39,446 unsecured stressed loans (portfolio)Loan portfolio, principal outstanding ₹257.86 cr₹12.25 cr (starting bid ₹12.86 cr with 5% markup)Not statedBinding bids by 12 pm, 29 Sep 2026Cash-plus-SR structure; counter bids by Swiss challenge
6UCO Bank (p.17)E-auction tenderNot applicableE-waste disposalNot statedNot statedNot statedNot stated

Also See: Hallmark Emerald project heads to auction a tenth time; liquidator raises reserve price to Rs 70 cr


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