Tab 1
eSale
Synise with our deep domain knowledge combined with industry leading technology & business practices has developed following e-Platforms to sell mining and base metals & commodities for example Ore , Pig Iron , Various Skulls, Coke , Coal along with Wax and Sulphur
Forward e-Auction Services :
- English No Ties eAuction.
- Dutch eAuction.
- Rank eBidding.
- Basket eBidding plaform.
- eTender.
- Yankee Auction Services.
- Reverse e-Auction Services.
- Supply Chain Management.
- IT Products and Services.
Our above platforms, delivering the value & best of breed services & help businesses not only digitalize their sell but also increases the selling price of product / material.
Tab 2
Online Dynamic Auctions
Selling items in such an auction involves participation by qualified bidders in the on line bidding process through internet. placing the items for bidding and allowing buyers to bid against each other for the items. Surplus, overstocked, used items, all types of machines (GPMs/SPMs), used or unused, project leftovers like pipes, valves, fittings etc., all types of scrap, power transmission related assets like transmission lines, penstocks etc are typically sold in this format. These items are typically hard to price in a fixed format. But the dynamic nature of auctions allows an item to rise to its market value.
Online Dynamic Forward Auction enables enterprises to increase asset turnover by allowing corporates to liquidate fixed and current assets, to the best bidder globally achieving highest realization. This is synchronous bidding auction process, putting one bidder against others for best bids. The process is template driven with "no-human bias" concept. Everything is done as per best practice and we ensure similar methodology for both our sellers and buyers thereby resulting in 5 - 15% more realization to the sellers in an absolutely transparent manner. All bids are captured for seller's records and the history can be provided to seller whenever required.
Tab 3
Disposal Tenders
Disposal Tenders is an auction process carried out for assets, which are not easy to sell or need specific type of bidder category. New surplus, non-moving, overstocked, refurbished, used and designed based assets are typically sold in this format.
As Synise does a part of the Disposal Tender Process, an inspection of the assets at the sellers end, following which a high-end catalog is prepared and hosted on the Synise site. Market making is then done to an identified set of bidders, who can then study the catalog posted on the site. After studying the catalog and appropriate inspection of the assets, these bidders submit their bids to Synise. These bids could be for the entire lot or many times for a specific item of their interest. The incoming bids are collected till the specified date and then submitted to the seller for their confirmation. The H1 and H2 bidders are called and the deal is closed with the bidder who offers the highest price.
Tab 4
Private Treaty Sales
Private treaty sales are generally suited for situations in which the asset needs a longer period of exposure and a more targeted approach to potential buyers. Assets sold via Private Treaty tend to be more specialized or complex.
Typically, entire plant along with land and machinery, special purpose machines are some of the assets that can be handled under Private Treaty Sale. This process is highly specialized and involves a lot of back end work such as data collection, detailing, asset marketing strategy, etc. It also involves high-end market making services in terms of identifying the right buyer and mediating between the buyer and seller with regard to detailed inspection of assets, and the related technical and financial discussions. Private Treaty Sales is generally restricted to only 1 - 2 buyers, which could be companies trying enter into new business areas or companies wanting to expand their existing capacities, etc.
Tab 5
Asset Resourcing
Addresses the need of clients to locate good value assets either for replacement, expansion or for new business ventures or replacement or as spares. Be it either machineries and equipments or complete plants with or without technology transfer or for that matter sourcing of recurring supply of material.
Specific requirements are studied and a detailing exercise is carried out with the client. The requirement is matched against sellers having similar maintained assets to liquidate and their capabilities. Seller liabilities are clearly defined, thorough inspection is offered to the customer subject to which the purchases can be concluded.
With the expertise we have gathered over the years in eSale services, evaluating assets / plants of different corporates in a wide spectra from commercial to technical know how we can ensure the best value to clients.
Tab 6
Commodity Sales
Engaged in e-selling of industrial commodities like Steel, Cement, Coal, Non-Ferrous Metals, Surplus Inventory, Pipes, Tubes, Used Plant & Machinery, etc.
Value addition to our clients by Total Outsourcing of activity.:
- On line dynamic auctions
- Disposal tenders
- Private treaty sales
- Recurring sales scrap
- NPA Management
- Commodity Sales
- Asset Resourcing
- Asset Mapping Services
Commodity Selling Services
| Major Commodities Sold with Value: |
| C R Products Sheets |
- Value Rs. 18 crores |
| G P Products |
- Value Rs. 10 crores |
| G C Products |
- Value Rs. 4.5 crores |
| C C Products |
- Value Rs. 1 crores |
| H R Products |
- Value Rs. 4 crores |
| Tubes - ERW/CDW Commercial Quality |
- Value Rs. 8 crores |
| CR NO/GO - CR NO/GO Off cuts, Trimming |
- Value Rs. 4 crores |
|
ZENITH BIRLA (INDIA) LTD |
| Qty |
100 MT per month |
| Value |
Rs. 35 lakhs per month |
|
TUBE PRODUCTS OF INDIA |
| Qty |
300 MT per month |
| Value |
Rs. 12 crores per annum |
|
SHREE PRECOATED STEEL |
| Qty |
2500 MT per month |
| Value |
Rs. 6 crores per month |
Tab 7
Non Performing eSale
After achieving leading position as an assets management company continuously for years, Synise has now entered the business of Stressed Assets Resolution.
Synise has been in the business of high value assets disposals for corporate and have been rendering services to banks, FI's and ARC's etc. IDBI, SBI and ARCIL are some of the organizations with whom we are working for NPA disposals.
Synise has ready infrastructure to offer a complete package that includes identification of location, repossession, custody, warehousing, inventory, valuation, etc.for resolution of stressed assets and NPA's.
Our services include:
- Due Diligence Study - Legal and Financial
- Enforcement and Repossession ( as per procedure under SARFAESI Act)
- Custodial services
- Assets valuation, stock and inventory records by Govt. approved agencies
- Security of assets and warehousing
- Disposal of assets via online/offline auctions, Tender, Private Treaty Sales etc.
We have gained a strong understanding of the various steps of enforcement under SARFAESI Act. The methodology adopted in the recovery process have been - debt assignment, sale of properties without any coercion or bringing any disrepute to our valued clients such as ARCIL, SASF, SBI, Kotak Mahindra Bank, Saraswat Co-op Bank to name a few.
Why Synise :
Synise has substantial background and expertise in sourcing, due diligence, acquisition and management of distressed assets including residential, commercial, and industrial loans, real estate assets and operating business.
In addition to senior professional and internal staff, we maintain allainces with relevant professional service providers located in all emerging market region of India.
We provide strategic advice as well as implement complete assets acquisition and disposal strategies. Synise can quickly mobilize a due diligence team to review and analyze documents and physical assets anywhere in India.
We posses an intelligence network that assist us in advising clients on critical qualitative issues related to background of borrowers, our clients uniquely benefit from this in-dept local market expertise.
Services :
Pre Resolution stage :
- Promoters background and current status
- Security value of mortgaged and other assets
- Legal status of each account
- Outstanding statutory liabilities
- ROC information
- Access to the best solicitor firms and counsels across the country.
Resolution stage :
- Locating absconding promoters
- Negotiation with promoters
- Investigation of promoter details other business activities and guarantor details
- Handling all legal matters before Supreme Court, High court, DRT's, Official Liquidators
- Implementation of provisions of SRFAESI Act, 2002
- Mobilization of police and administrative support
- Repossession, valuation and sale of assets to realize outstanding dues.
Tab 8
Asset Mapping Services
As most the organizations expand they need to transfer assets from one location to another and from this location to a third location and it is possible that the organization looses track of the asset. Further in a multi locations plants it is possible that certain machineries required for a particular are available at another plant. But due to non-availability data new machineries are procured. Also the Companys' Act, 1956 mandates Statutory Auditors to report on the physical verification of assets by the management. These we believe are non-strategic activities and are also once in a year kind of activities. We offer to undertake asset-mapping activities with our Trained and Qualified staff across the country.
Asset mapping serves a number of purposes like -
- Physical asset verification, creation of fixed asset listings and ongoing fixed asset updating.
- Collection of techno-commercial data of individual assets and recording
Private treaty sales
- Assets classification into various categories considering criticality, importance, usage and other factors.
- Valuation all of movable and immovable assets
- Customized barcode inventory control, asset tracking etc
