Real-world Plant & Machinery valuation engagements covering SARFAESI, IBC CIRP, Section 132 IT Search, insurance and M&A valuation.
A nationalised bank has a ₹8 crore term loan against the P&M hypothecation of a Delhi packaging machinery manufacturer: 3 CNC machining centres, 2 hydraulic presses, 1 laser cutting machine and a fleet of 4 delivery trucks.
The CNC machining centres are 7 years old, Fanuc-controlled and moderately utilised. The hydraulic presses are 12 years old and in good condition, while the laser cutting machine is 5 years old and in excellent condition. The trucks are 2020 models with BS-VI compliance.
The bank's ₹8 crore exposure was under-collateralised by the P&M alone at ₹3.09 crore DSV. The bank was notified to consider top-up security.
A textile mill in Coimbatore with 12,000 ring spindles, 80 air-jet looms, a complete ETP and a 2 MW captive power plant entered CIRP. The engagement required both IBBI P&M Fair Value and Liquidation Value.
The Resolution Professional received the IBBI IVS 105 compliant P&M report for inclusion in the Information Memorandum.
A manufacturing unit's IT search revealed unaccounted equipment: a CNC turning centre, an industrial chiller and two medium-duty delivery vehicles. A2Z Valuers prepared the Section 132 valuation certificate for submission to the Authorised Officer.
The Section 132 certificate was delivered on the same day and submitted to the Authorised Officer.
The Pune auto-components manufacturer had insured its factory P&M at ₹18.5 crore based on a 2019 value. The current RCN survey, supported by OEM price lists and distributor quotes, established a replacement cost of ₹27.8 crore after considering machinery price increases, import duty changes and GST recalibration.
In a total fire loss, the company could bear the shortfall directly. The insurance replacement cost certificate enables the premium and insured value to be recalculated on the correct RCN basis.
Tablet presses, coating machines and blister packaging lines.
DRC ₹28.4 CrSemi-automatic vial line with US FDA inspection history and intact GMP validation documentation.
DRC ₹14.6 CrDG sets, compressed air systems and HVAC clean-room infrastructure.
DRC ₹6.8 CrThe sterile fill-and-finish line carried a ₹3.2 crore premium above physical DRC because of GMP compliance and intact validation documentation — a factor not captured in a non-specialist P&M valuation.
The fair value step-up from ₹32 crore NBV to ₹49.8 crore P&M DRC/FMV was booked as the PPA allocation, affecting the acquirer's depreciation charge.
Discuss your P&M valuation requirement with our valuation team for banking, IBC, taxation, insurance, enforcement or M&A purposes.