The liquidator of Statomat Special Machines (India) Private Limited has put the company’s Navi Mumbai factory and machinery up for e-auction at a reserve price of ₹25.28 crore, ₹50 lakh lower than the floor set for the same assets in June.
Liquidator Shailesh Desai will conduct the e-auction on Friday, 13 November 2026, between 11 am and 1 pm on the Baanknet portal (ibbi.baanknet.com).
The assets are being offered as a single lot: land measuring 2,573 sq m at Plot No. R-719, Road No. 19, TTC Industrial Area, MIDC, Rabale, Navi Mumbai — the company’s registered office — along with a ground-plus-two-storey factory building with a total built-up area of 735.62 sq m, a workshop structure of 695 sq m, and…