Bidders Manual Guide

Create an official bidder account using your registered business details. Provide your company's official GSTIN number, PAN, and contact information. Once submitted, our compliance desk reviews your business credentials and activates your account within 2 hours.

Select the auction lot you wish to bid on and review the required EMD amount. Remit the deposit via NEFT/RTGS to the designated TSI Salvexis corporate nodal bank account. Upload your UTR transaction reference on your dashboard for fast clearance.

Once your EMD is approved, the bidding room unlocks for your account. Submit bids in real-time or set your maximum budget limit using our automated Auto-Bid proxy engine. Our system automatically extends auction timers if bids arrive near closing time.

Upon auction conclusion, the highest eligible bidder (H1) receives an official Sale Intimation / Approval Letter. Remit the remaining balance amount within 3 to 5 business days to receive the official Delivery Order (DO) and initiate material lifting from the warehouse.