Turn surplus assets into maximum recovery value.
Professionally managed forward auctions for scrap, surplus, non-moving inventory (NMI) and non-performing assets (NPA) — designed to maximise competition among buyers and deliver the best realization price.
Request a ConsultationWhat is Forward Auction?
A forward auction is a live, competitive bidding event where pre-qualified buyers compete to purchase assets at the highest price. Unlike a private scrap sale or broker-driven disposal, a forward auction brings multiple qualified buyers to the table simultaneously — driving prices upward and delivering genuine market discovery.
AG's Collection manages the entire process: classifying your assets, setting defensible reserve prices, structuring lots for maximum buyer interest, qualifying bidders through KYC, hosting the live event and producing GST-compliant documentation for handover. Our network spans registered scrap dealers, secondary market traders, institutional buyers and asset recovery specialists.
Two asset categories dominate forward auction mandates — Non-Moving Inventory (NMI) and Non-Performing Assets (NPA). NMI refers to stock that has not been consumed or issued over a defined period, tying up warehouse space and working capital. NPA covers idle plant, machinery, vehicles and equipment that generate maintenance cost without productive output. Both categories respond exceptionally well to a structured auction process, consistently delivering realization prices that private negotiations cannot match.
Challenges we solve
- ▸Surplus assets and NMI sitting idle, blocking working capital and valuable warehouse space
- ▸Non-performing assets generating ongoing maintenance cost with no productive return
- ▸Poor price discovery — private scrap deals and broker routes leave significant value on the table
- ▸No qualified buyer pool, leading to take-it-or-leave-it offers from a single party
- ▸Compliance and documentation gaps in asset disposal — GST, TDS and board approval requirements
- ▸Lack of audit trail for regulatory scrutiny and internal governance accountability
A structured, transparent methodology
Asset Assessment & Classification
We survey and classify your surplus stock (NMI), idle machinery, vehicles and non-performing assets (NPA). Each asset is documented with condition, age, specifications and estimated market value to support reserve price setting.
Reserve Price Setting
Floor prices are established using current scrap market rates, secondary market benchmarks, book value and condition assessments — ensuring you do not dispose of assets below fair value while keeping the auction competitive.
Lot Structuring
Assets are grouped into lots designed to attract the widest possible buyer pool. Lot size, category grouping and sequencing are chosen to maximise competition and prevent thin bidding on individual items.
Buyer Identification & Outreach
We reach out to our network of registered scrap dealers, secondary market traders, equipment refurbishers, institutional buyers and industry-specific asset purchasers — creating a competitive field before the event opens.
Buyer Registration & KYC
All bidders are pre-qualified on GST registration, financial standing, sector credentials and compliance requirements. Only verified buyers participate, protecting the integrity and enforceability of the auction outcome.
Pre-Auction Training & Mock Session
Registered bidders are familiarised with the platform, bidding rules, lot structure and timelines through training and a practice session — so the live event runs without friction or disputes.
Live Auction Management
We host and monitor the real-time bidding event end to end: enforcing increment rules, managing time extensions, resolving bidder queries and ensuring the event is transparent, fair and fully recorded.
Bid Evaluation & Award
Final bids are reviewed for compliance, KYC completeness and bid validity. We prepare a clear award recommendation supported by the full bid record for your internal approval.
Documentation & Handover
We support GST-compliant invoicing, delivery orders, title transfer documentation, TDS compliance and a full auction report — giving your finance and legal teams a clean, auditable record of every transaction.
The business impact
Maximum recovery
Competitive bidding consistently outperforms broker quotes and private disposal, often by a significant margin.
NMI liquidation
Structured disposal of non-moving inventory frees warehouse space and unlocks working capital tied up in idle stock.
NPA resolution
Turns idle or loss-making assets into realized value, eliminating ongoing maintenance cost and balance-sheet drag.
Full compliance
GST, TDS and board-level documentation handled end to end — no compliance gaps in your disposal record.
Wide buyer reach
Access to a registered network of qualified asset buyers, dealers and traders ensures genuine competition.
Auditable process
Every bid is timestamped and recorded, creating a defensible audit trail for internal review and statutory requirements.
Frequently asked questions
What is a forward auction and how is it different from a reverse auction?+
In a forward auction, buyers compete to purchase assets — prices move upward as bidders outbid each other. In a reverse auction, suppliers compete to sell — prices move downward. Forward auctions are used for asset disposal and recovery; reverse auctions are used for procurement.
Which assets are suitable — what counts as NMI versus NPA?+
Non-Moving Inventory (NMI) is stock that has not been consumed or issued for a defined period (typically 12–24 months) — spare parts, raw materials, consumables. Non-Performing Assets (NPA) are physical assets no longer in productive use — idle machinery, retired vehicles, redundant equipment, surplus furniture and fixtures.
How are buyers qualified before the auction?+
All bidders must complete KYC including GST registration, identity verification, financial standing checks and sector credentials where required. Only verified, registered buyers participate — protecting the enforceability of the outcome.
How is GST and tax documentation handled?+
We support the preparation of GST-compliant sale invoices, delivery challans and TDS compliance documentation. Our process aligns with applicable tax rules for asset disposal so your finance team has a clean, auditable transaction record.
How long does the process take from asset listing to realization?+
Typically 3 to 6 weeks — covering asset survey and classification (1 week), lot structuring and buyer outreach (1–2 weeks), KYC and training (1 week) and the live auction and post-auction documentation (1 week). Timelines vary with asset volume and complexity.
Related services
Reverse Auction Services
Professionally managed e-auctions that drive real price discovery and savings.
Procurement Outsourcing
End-to-end sourcing from PR review and RFQ management to evaluation and PO support.
Store Physical Verification
Inventory audits, reconciliation and ERP stock-accuracy improvement.
Ready to get started?
Book a free consultation and we'll outline a clear plan for forward auction.
Book a Free Consultation