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Karnataka Ore Auction Bid Sheet

The document summarizes bids from an iron ore auction held in Bangalore, India on August 9, 2019. It lists details of 5 different iron ore lots auctioned such as quantity, type of ore, indicative iron content, and details of winning bids including bidder name, state, bid price and allocated quantity. The highest bid for each lot is also specified. Key terms like royalty rates, GST rates and eligibility to pay funds are also mentioned for successful bidders.

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0% found this document useful (0 votes)
261 views8 pages

Karnataka Ore Auction Bid Sheet

The document summarizes bids from an iron ore auction held in Bangalore, India on August 9, 2019. It lists details of 5 different iron ore lots auctioned such as quantity, type of ore, indicative iron content, and details of winning bids including bidder name, state, bid price and allocated quantity. The highest bid for each lot is also specified. Key terms like royalty rates, GST rates and eligibility to pay funds are also mentioned for successful bidders.

Uploaded by

Vi Kra
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Bid Sheet

Auction MSTC/BLR/MONITORING COMMITTEE /60/BANGALORE /19-


No. 20/14061 [220909]
Period Of
2019-08-09 15:00:00.0 :: 2019-08-09 18:47:49.08402
Auction
Currency INR

Bidder/Bi
No. Of Bidders : 13 No. Of Winners: 11 No. Of Bids : 227
d Info :

Qnty. 8000 (+ /- 10%) MT in lots of 4000 MT. Type of ore


Lumps (10-40mm, under size below 15%). Bidding basis
concerned stack pile (N/FP/E/24L). M/s. Zeenath Transport
Company ML No. 2547

Royalty 15%, & GST (5% on Ore auction price; 18% on Royalty,
Lot No : and Bulk permit processing fee) are applicable.
Lot Description
N/FP/E/2
:
4L The successful bidders shall have to pay FDF+ GST of eligible
amount, arising as a result of stay or quashing the order of
Hon ble High Court dated 04-10-2017 in WP Nos 43937-43938
of 2016 and others on appeal, if any by the State Government of
Karnataka .

Indicative Fe%=57.95+/-1 (Slab 55-58)


Booki Alloca
Floor Bid
ng ted
Price Quant Floor H1
SL. No. Bidder Name State Price Quanti Unit
(INR/ ity (in Value Value
(INR/ ty (in
MT) MT)
MT) MT)
mstc/Thakur Karnat MT4 10040 10040
1 2510 2510 4000 4000
Industries/52160 aka K 000 000

Qnty. 12000 (+ /- 10%) MT in lots of 4000 MT. Type of ore


Lot No :
Lot Description Lumps (10-40mm, under size below 15%). Bidding basis
N/FP/E/3
: concerned stack pile (N/FP/E/33L). M/s. Zeenath Transport
3L
Company ML No. 2547
Royalty 15%, & GST (5% on Ore auction price; 18% on Royalty,
and Bulk permit processing fee) are applicable.

The successful bidders shall have to pay FDF+ GST of eligible


amount, arising as a result of stay or quashing the order of
Hon ble High Court dated 04-10-2017 in WP Nos 43937-43938
of 2016 and others on appeal, if any by the State Government of
Karnataka .

Indicative Fe%=57.20+/-1 (Slab 55-58)


Booki Alloca
Floor Bid
ng ted
Price Quant Floor H1
SL. No. Bidder Name State Price Quanti Unit
(INR/ ity (in Value Value
(INR/ ty (in
MT) MT)
MT) MT)
mstc/Thakur Karnat MT4 96200 96200
1 2405 2405 4000 4000
Industries/52160 aka K 00 00

Qnty. 8000 (+ /- 10%) MT in lots of 4000 MT. Type of ore Fines.


Bidding basis concerned stack pile (N/FP/CZ/3F). M/s. Zeenath
Transport Company ML No. 2239

Royalty 15%, & GST (5% on Ore auction price; 18% on Royalty,
and Bulk permit processing fee) are applicable.
Lot No :
Lot Description
N/FP/CZ/
: The successful bidders shall have to pay FDF+ GST of eligible
3F
amount, arising as a result of stay or quashing the order of
Hon ble High Court dated 04-10-2017 in WP Nos 43937-43938
of 2016 and others on appeal, if any by the State Government of
Karnataka .

Indicative Fe%=62.15+/-1(Slab 62-65)


Booki Alloca
Floor Bid
ng ted
Price Quant Floor H1
SL. No. Bidder Name State Price Quanti Unit
(INR/ ity (in Value Value
(INR/ ty (in
MT) MT)
MT) MT)
mstc/Thakur Karnat MT4 73200 73600
1 1830 1840 4000 4000
Industries/52160 aka K 00 00
mstc/JSW Karnat MT4 73200 73200
2 1830 1830 8000 4000
STEEL aka K 00 00
LTD/41507

Qnty. 4000 (+ /- 10%) MT in lots of 4000 MT. Type of ore Fines.


Bidding basis concerned stack pile (N/FP/CZ/9F). M/s. Zeenath
Transport Company ML No. 2239

Royalty 15%, & GST (5% on Ore auction price; 18% on Royalty,
and Bulk permit processing fee) are applicable.
Lot No :
Lot Description
N/FP/CZ/
: The successful bidders shall have to pay FDF+ GST of eligible
9F
amount, arising as a result of stay or quashing the order of
Hon ble High Court dated 04-10-2017 in WP Nos 43937-43938
of 2016 and others on appeal, if any by the State Government of
Karnataka .

Indicative Fe%=62.66+/-1(Slab 62-65)


Booki Alloca
Floor Bid
ng ted
Price Quant Floor H1
SL. No. Bidder Name State Price Quanti Unit
(INR/ ity (in Value Value
(INR/ ty (in
MT) MT)
MT) MT)
mstc/Kalyani
Karnat MT4 77200 78400
1 Steels 1930 1960 4000 4000
aka K 00 00
Limited/45107

Qnty. 16000 (+ /- 10%) MT in lots of 4000 MT. Type of ore


Fines. Bidding basis concerned stack pile (N/FP/CZ/15F). M/s.
Zeenath Transport Company ML No. 2239

Royalty 15%, & GST (5% on Ore auction price; 18% on Royalty,
and Bulk permit processing fee) are applicable.
Lot No :
Lot Description
N/FP/CZ/
: The successful bidders shall have to pay FDF+ GST of eligible
15F
amount, arising as a result of stay or quashing the order of
Hon ble High Court dated 04-10-2017 in WP Nos 43937-43938
of 2016 and others on appeal, if any by the State Government of
Karnataka .

Indicative Fe%=62.95+/-1(Slab 62-65)


Floor Booki Bid Alloca
Floor H1
SL. No. Bidder Name State Price ng Quant ted Unit
Value Value
(INR/ Price ity (in Quanti
MT) (INR/ MT) ty (in
MT) MT)
mstc/MINERA
STEEL AND
Karnat MT4 79600 91200
1 POWER 1990 2280 4000 4000
aka K 00 00
PRIVATE
LIMITED/45081
mstc/KIRLOSK
AR FERROUS Karnat MT4 79600 91200
2 1990 2280 4000 4000
INDUSTRIES aka K 00 00
LIMITED/44209
mstc/Kalyani
Karnat MT4 79600 91200
3 Steels 1990 2280 4000 4000
aka K 00 00
Limited/45107
mstc/Thakur Karnat MT4 79600 91200
4 1990 2280 4000 4000
Industries/52160 aka K 00 00

Qnty. 1920 (+ /- 10%) MT in lots of 1920 MT. Type of ore Fines.


Bidding basis concerned stack pile (N/FP/CZ/19F). EMD of Rs.
2,40,000/- is required to be deposited. M/s. Zeenath Transport
Company ML No. 2239

Royalty 15%, & GST (5% on Ore auction price; 18% on Royalty,
Lot No : and Bulk permit processing fee) are applicable.
Lot Description
N/FP/CZ/
:
19F The successful bidders shall have to pay FDF+ GST of eligible
amount, arising as a result of stay or quashing the order of
Hon ble High Court dated 04-10-2017 in WP Nos 43937-43938
of 2016 and others on appeal, if any by the State Government of
Karnataka .

Indicative Fe%=62.50+/-1(Slab 62-65)


Booki Alloca
Floor Bid
ng ted
Price Quant Floor H1
SL. No. Bidder Name State Price Quanti Unit
(INR/ ity (in Value Value
(INR/ ty (in
MT) MT)
MT) MT)
mstc/KIRLOSK
AR FERROUS Karnat MT1 36480 44160
1 1900 2300 1920 1920
INDUSTRIES aka 920 00 00
LIMITED/44209
Qnty. 4000 (+ /- 10%) MT in lots of 4000 MT. Type of ore Fines
(-10mm). Bidding basis concerned stack pile (2019-20/N/FP/6F).
M/s. H.R. Gaviappa & Co., ML No. 2483, Navalutti Village,
Donimalai post, Sandur Taluk, Bellary District. Pin No. 583 118.

Royalty 15%, & GST (5% on Ore auction price; 18% on Royalty,
Lot No :
and Bulk permit processing fee) are applicable.
2019- Lot Description
20/N/FP/ :
The successful bidders shall have to pay FDF+ GST of eligible
6F
amount, arising as a result of stay or quashing the order of
Hon ble High Court dated 04-10-2017 in WP Nos 43937-43938
of 2016 and others on appeal, if any by the State Government of
Karnataka .

Indicative Fe%=62.11(62 to 65)


Booki Alloca
Floor Bid
ng ted
Price Quant Floor H1
SL. No. Bidder Name State Price Quanti Unit
(INR/ ity (in Value Value
(INR/ ty (in
MT) MT)
MT) MT)
mstc/KIRLOSK
AR FERROUS Karnat MT4 92000 10120
1 2300 2530 4000 4000
INDUSTRIES aka K 00 000
LIMITED/44209

Qnty. 8000 (+ /- 10%) MT in lots of 4000 MT. Type of ore Fines


(-10mm). Bidding basis concerned stack pile (N/FP/14/4F). M/s.
G.G. Brothers, Jambunatha Iron Ore & Red-oxide Mine, ML No.
2522 near Kariganur (NEB Range) Hospet.

Royalty 15%, & GST (5% on Ore auction price; 18% on Royalty,
Lot No : and Bulk permit processing fee) are applicable.
Lot Description
N/FP/14/
:
4F The successful bidders shall have to pay FDF+ GST of eligible
amount, arising as a result of stay or quashing the order of
Hon ble High Court dated 04-10-2017 in WP Nos 43937-43938
of 2016 and others on appeal, if any by the State Government of
Karnataka .

Indicative Fe%=63+/-0.25 (62-65)


SL. No. Bidder Name State Floor Booki Bid Alloca Unit Floor H1
Price ng Quant ted Value Value
(INR/ Price ity (in Quanti
MT) (INR/ MT) ty (in
MT) MT)
mstc/KIRLOSK
AR FERROUS Karnat MT4 10800 10840
1 2700 2710 4000 4000
INDUSTRIES aka K 000 000
LIMITED/44209
Andhr
mstc/SRIKALA
a MT4 10800 10800
2 HASTHI PIPES 2700 2700 8000 4000
Prades K 000 000
LIMITED/45162
h

Qnty. 4000 (+ /- 10%) MT in lots of 4000 MT. Type of ore


Lumps (+10mm to -40mm). Bidding basis concerned stack pile
(N/FP/13/4L). M/s. G.G. Brothers, Jambunatha Iron Ore & Red-
oxide Mine, ML No. 2522 near Kariganur (NEB Range) Hospet.

Royalty 15%, & GST (5% on Ore auction price; 18% on Royalty,
Lot No : and Bulk permit processing fee) are applicable.
Lot Description
N/FP/13/
:
4L The successful bidders shall have to pay FDF+ GST of eligible
amount, arising as a result of stay or quashing the order of
Hon ble High Court dated 04-10-2017 in WP Nos 43937-43938
of 2016 and others on appeal, if any by the State Government of
Karnataka .

Indicative Fe%=64+/-0.25 (62-65)


Booki Alloca
Floor Bid
ng ted
Price Quant Floor H1
SL. No. Bidder Name State Price Quanti Unit
(INR/ ity (in Value Value
(INR/ ty (in
MT) MT)
MT) MT)
mstc/Vedanta MT4 14400 15560
1 Goa 3600 3890 4000 4000
Limited/45105 K 000 000

Qnty. 28000 (+ /- 10%) MT in lots of 4000 MT. Type of ore


Lot No :
Lot Description Lumps (+6mm 20mm, under size below 15%). Bidding basis
N/FP/123
: concerned stack pile (N/FP/123L/19). M/s. Vedanta Ltd., of ML.
L/19
No. 2677 (Erstwhile ML No. 2236)
Royalty 15%, & GST (5% on Ore auction price; 18% on Royalty,
and Bulk permit processing fee) are applicable.

The successful bidders shall have to pay FDF+ GST of eligible


amount, arising as a result of stay or quashing the order of
Hon ble High Court dated 04-10-2017 in WP Nos 43937-43938
of 2016 and others on appeal, if any by the State Government of
Karnataka .

Indicative Fe%=62.00+/-0.5 (62-65)


Booki Alloca
Floor Bid
ng ted
Price Quant Floor H1
SL. No. Bidder Name State Price Quanti Unit
(INR/ ity (in Value Value
(INR/ ty (in
MT) MT)
MT) MT)
mstc/PAVAMA
Karnat MT4 24400 24400
1 N ISPAT PVT 3050 3050 8000 8000
aka K 000 000
LTD/45218
mstc/Bhadrashree
Karnat MT4 12200 12200
2 Steel and Power 3050 3050 4000 4000
aka K 000 000
Limited/45118
mstc/SLV
Andhr
STEELS AND
a MT4 12200 12200
3 ALLOYS 3050 3050 4000 4000
Prades K 000 000
PRIVATE
h
LIMITED/45276

Qnty. 24000 (+ /- 10%) MT in lots of 4000 MT. Type of ore


Lumps (+10mm 40mm, Tumbler Lumps, under size below
15%, Oversize below 5%). Bidding basis concerned stack pile
(N/FP/124L/19). M/s. Vedanta Ltd., of ML. No. 2677 (Erstwhile
ML No. 2236)
Lot No :
Lot Description
N/FP/124 Royalty 15%, & GST (5% on Ore auction price; 18% on Royalty,
:
L/19 and Bulk permit processing fee) are applicable.

The successful bidders shall have to pay FDF+ GST of eligible


amount, arising as a result of stay or quashing the order of
Hon ble High Court dated 04-10-2017 in WP Nos 43937-43938
of 2016 and others on appeal, if any by the State Government of
Karnataka .

Indicative Fe%=61.75+/-0.5 (60-62)


Booki Alloca
Floor Bid
ng ted
Price Quant Floor H1
SL. No. Bidder Name State Price Quanti Unit
(INR/ ity (in Value Value
(INR/ ty (in
MT) MT)
MT) MT)
mstc/JSW
STEEL
Tamil MT4 23480 23480
1 LIMITED 2935 2935 8000 8000
Nadu K 000 000
SALEM
WORKS /45160

Total Value At Floor Price :: 194988000


Total Value At Bid Price :: 202676000
Percentage Increase Over floor value :: 3.94

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