Stressed Account Management
In the current global scenario due to fast changing business dynamics , consumer demand and national economics , various companies find themselves in challenging situation. This may lead to stress in their operations. We work closely with corporates to help them revive with a long term plan which may consist of fresh infusion of funds , demerger , strategic liquidation of assets etc.
Financial institutions like Asset Reconstruction Companies (ARC ) , NBFC , Fund houses and scheduled banks help in putting together a full proof plan for such ventures. Various models are considered , such as Restructuring of debt , infusion of quasi debt, debt with moratorium period etc
Strategic Investment or Sale out
Introduction of a strategic investor with fresh equity and debt or part stake sale may add synergy to the business which can work as a catalyst to revive the venture.
NPA resolution
Working with financial institution we help them monetise the encumbered assets for realisation of their debt. Procedures are followed under Sarfaesi Act and Insolvency and Bankruptcy Code to maintain transparency and ensure a quick sale of the asset at reasonable valuations.
E- Auction Platform
We operate an E Auction platform which can be used for live auctions. High security standards are maintained in the coding of the software on a robust platform.
The website can run reverse auction as well to facilitate tenders by large corporates for their contracts and purchase decisions. This helps in fair and transparent vendor management policies and maintains high level of corporate governance.
NPA liquidation and Eauction
What we do
Bluestone Auctions works closely with banks and financial institutions to help them liquidate the Non Performing Assets (NPA ). We are able to offer the following services
- Assessment of correct value of the property
- Saleability of the property in terms of local bylaws
- To assess the payables on the property from local authorities , if any
- Marketing of the property through local channels , advertisements to our investor base
- Ensuring the procedure of auction to be followed
- Counselling of buyer regarding the property, the auction process and legal title
- Handover of the property to buyer after all legal formalities.
Services for buyer and investors
- Access to property which are good investments.
- Helping investors in identifying the correct property as per their needs.
- Hand holding the investor through the process of auction, getting the right documentation and physical possession of the property.
- Facilitation of debt for the purchase
How Banks and Financial Institutes Benefit
- By quick and smooth sale of NPA properties, banks are able to reduce their NPA levels
- Wider reach for assets being liquidated by banks.
- Getting investors and end users to invest in banks’ properties.
- Higher value realisation at low overhead cost.
Investor ‘s and Buyer’ s corner
- Access to wide range of property options.
- Ready possession of property.
- Clean and transparent deal.
- No legal issues.
- Home loans and business loan in certain cases.
Our Partners
