AUCTION: Shaheen Net Winners Scrap Sale 2026

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. Shaheen Net Winners is conducting an open auction for the sale of various scrap items. The auction will be held at the organization's premises in Karachi, and interested parties are invited to participate as per the schedule and terms outlined in this notice. This is an excellent opportunity for scrap dealers and businesses to acquire bulk scrap material directly from a reputable organization. Items being auctioned: - Miscellaneous scrap items (details not specified in the notice) The auction will take place on 29 May 2026, starting at 10:00 AM and continuing until 5:00 PM. All interested bidders must ensure their presence at the venue during these hours. The successful bidder will be required to deposit 10% of the bid amount immediately as earnest money. The remaining 90% must be paid within seven days of the auction date. Failure to pay the balance within the stipulated time will result in the forfeiture of the earnest money and cancellation of the bid. Bidders are advised to inspect the scrap material before the auction date to assess its quality and quantity. Only those who have deposited the required earnest money will be allowed to participate in the bidding process. The auction committee reserves the right to reject any or all bids without assigning any reason. All applicable taxes and duties will be borne by the successful bidder. For bidders, it is recommended to bring a valid CNIC and ensure timely arrival to complete the registration process. Carefully review the terms and conditions, and clarify any queries with the auction committee before bidding. This will help avoid any misunderstandings and ensure a smooth transaction.