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Auction

Quippo Valuers & Auctioneers has created a niche position for itself as one of the top asset disposal companies in India. We assist our customers who are essentially contractors, banks, NBFCs, infrastructure and equipment rental companies in disposal of their surplus fixed asset. Our expertise in the construction and industrial equipment enables us to provide quality service especially in industrial auctions.

Key benefits of associating with us :

  • I.We provide faster and efficient disposal solutions.

  • II.We have a wider market reach through various disposal tools.

  • III.We provide best realizable value.

  • IV.Reduce the carrying costs.

  • V.Funds derived out of the disposal can be re-invested in business.

  • VI.Extensive buyers base for various equipment and machineries.

 

Disposal tools:

 

  • i. Online Auction: Quippo Auctions has pioneered and promoted an online portal - www.quippoauctions.com for facilitating online auction. Keeping the users in mind, this portal has been developed as a customer friendly interface for the buyers to bid for the auction products. Online Auctions are very effective in attracting buyers from all across the globe.

  • ii. Live Auctions: Live Auctions are widely known and traditional way of disposing surplus asset. A live auction comprises an auctioneer conducting an auction wherein customers bid for items at a designated venue.Live auction is preferable where one has a strong local marketplace or in industries where auctions are often conducted.

  • iii. Private Treaty / Negotiated Sales: Private Treaty sale, also known as “Negotiated sale” in the industry,wherein we dispose individual asset, production lines or entire facilities in the market. This form of sale is conducted after discussion and negotiation between the buyer and the seller. Quippo Auctions facilitates and manages these processes in the niche market. A buyer is always satisfied with this form of sale because of the long time frame that he gets for detailed inspection of the asset.

  • iv. Tender Sale: Quippo Auctions conduct tenders for certain product catalogue or items. The product catalogue is showcased and tenders are invited from companies or individuals. Thereafter, the product is sold to the highest bidder.

  • v. Sale Mela: Quippo Auctions practice a unique disposal mechanism, 'Sale Mela', wherein the buyers are encouraged to come up with their own bids individually. This ensures that the product is sold at the actual market value.

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    | Site Last Updated on: 19 September, 2017