Sivakasi - Auction Details

55.14 acre industrial land with building structure and machinery for duplex paper board production. The facility has two units with a production capacity of 450 TPD and is located in Vembakottai Village, Sivakasi, Virudhu Nagar District, Tamil Nadu. | 55.14 acre industrial land with building structures and machinery for commercial auction.

Industrial property

About This Auction

55.14 acre industrial land with building structure and machinery for duplex paper board production. The facility has two units with a production capacity of 450 TPD and is located in Vembakottai Village, Sivakasi, Virudhu Nagar District, Tamil Nadu. | 55.14 acre industrial land with building structures and machinery for commercial production of duplex paper board. The facility is equipped with two units and has a production capacity of up to 450 TPD. Located in Vembakottai Village, Sivakasi, Virudhu Nagar District, Tamil Nadu.

Type of Possession Physical
Property Address Vembakottai Village, Sivakasi, Virudhu Nagar District, Tamil Nadu - 626131

Asset Details

Property Type
Plot / land
Property Category
Industrial
Plot area 2401898.4 sq.ft

Auction Details

₹779,040,000 Upcoming
City: Sivakasi
EMD: ₹77,904,000
Bid Increment: ₹10,000
Auction Date: 26 Feb, 2026
Inspection Date: 04 Feb, 2026
Submission Deadline: 23 Feb, 2026

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Bank Details

Insolvency and Bankruptcy Board of India

Insolvency and Bankruptcy Board of India

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Property Location

Vembakottai Village, Sivakasi, Virudhu Nagar District, Tamil Nadu - 626131

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About Sivakasi

City Information

Sivakasi is a city in Virudhunagar District in the Indian state of Tamil Nadu. The city is known for firecrackers and match factories that produce 70% of the country's output. The printing industries in Sivakasi produce 30% of the total diaries produced in India. The industries in Sivakasi employ over 25,000 people and the estimated turnover of the firecracker, match making and printing industries in the city is around ₹20 billion (US$240 million). The major issues... Read More

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