About Us

KEY FEATURES THAT DEFINE K. R. AUCTIONEERS PVT LTD:

  • Pioneers with a glorious past and a futuristic vision.
  • Systems based on sound principles of integrity and transparency.
  • Offering expertise backed by highly skilled professionals.
  • Seamless and smooth execution of diverse, complex projects.

As pioneers, Kisan Ramchandra Auctioneers have a glorious past built upon the solid foundations of business ethics, integrity, sound knowledge of Auctioneering business, skilled staff and more than anything else, the objective of giving the best deal to clients.

The Company has been in the fore front of conducting turnkey auctions for over a decade now, for a host of diverse and prestigious clients across the country, with commitment and responsibility and offering the best price and service through end to end solutions.

In fact, as a leader in our field, we often customize auction management services to suit the specific needs of our Clients, so as to maximize their returns. With highly skilled professional man power, well versed in the field, we deliver on our commitment each time!


Shri. Kisanrao Ramchandra Panhale


A young man from the village of Ambegaon with a dream and passion in his heart migrated to the city of fortune – Pune, to try his luck in business. Having limited resources at his disposal, he started buying, old discarded furniture at a throwaway price, getting it repaired to sell it at a small profit. It was an uncertain business with many ups and downs and there were times when Destiny tested his grit–on some occasions, he was even reduced to pulling a handcart to eke out a living.

However, his zeal, ambition and determination to surmount all odds never failed him and he continued his pursuits with dedication. Soon, he even ventured into buying and selling scrap – a business that saw him flourish. Along with his brother, he took this business to the next level of success.

Aiding him later, in the expansion of business was his son Amrut Panhale, who added new dimensions to the business, by stream lining operations and coordinating with various MNCs who required reliable and efficient services of scrap disposal / auctions.

Today, the third generation of Kisan Ramchandra, represented by Shirish Panhale has added many innovative features to the business of auctioneering in keeping with modern trends, spurred by IT based technology and requirements of corporate houses.

In short, from such humble beginnings, where the founder sometimes pulled a hand-cart – to its present status, where the second and third generation have taken the Company to unprecedented heights dealing with top notch MNCs on a massive scale and carving out a name for itself in the Corporate world.

Indeed, the name of Kisan Ramchandra has been ably carried forward to new levels of glory in the world of auctioneering!


Shri. Amrut Kisan Panhale


The late Amrut Panhale inherited the auction business when auctioneering in India was a fledgling industry and largely disorganized. However, with his intrinsic vision, acumen, integrity and hard work he not only gave a direction to his own Company, but to the auctioneering industry itself.

The credit of putting in place, a number of systemic measures in the auction business largely goes to his ability of understanding the pros and cons of this intricate industry. It was he who liaised with Clients, understood their hardships and devised systems that would address these problems pertaining to disposal of large scale industrial scrap at the best possible price.

He re-defined the role of auctioneer and enlarged the scope and boundaries of this industry taking it on a growth trajectory. He paid attention to every minute feed back of his clients and worked upon their suggestions to provide them a set of seamless services.

The methodologies he used were transparent and his integrity and principles were unquestionable. It is for this reason, that his Company grew at a brisk pace and acquired a reputation that was impeccable.

Possessing great qualities of head and heart, he had the mind of a benevolent business man, who believed that, just making profits should not be the motive behind running a business – that the greater good of society itself needed to be addressed.

To him, human relationships mattered a great deal; so, be it his clients or employees, he valued their association and was a friend, philosopher and guide to many!

Then again, he had the uncanny ability of solving problems, which made him much sought after by Clients who were in a spot or employees who faced a crisis in their personal life.

A simple man by nature, he believed in high moral values which he displayed in his own interaction with one and all throughout his life!


Shri. Shirish Amrut Panhale – Chairman & Managing Director


Shirish A. Panhale is the grandson of Kisanrao R. Panhale, one of the founding fathers of auction business in India. A dynamic personality, he combines an erudite knowledge of his business with an innovative outlook and is constantly striving towards raising the bar as far as the auction sale business is concerned. His lineage gives him an intuitive capability which comes from exposure to business at an early age and the opportunity to bank upon over a hundred years of collective auctioneering experience!

Not the one to rest on past glories, he has always kept pace with modern management concepts, changing times and technological progress, making efforts to incorporate various progressive measures and systems in the business so as to offer his clientele the best of service. A positive motivator, he carries the reputation of his grandfather with great responsibility.

A well qualified professional, he has under his belt a remarkable record of achievements made possible on account of his futuristic vision, an innovative perspective, the ability to build bridges with clients and a jovial temperament.

His record of auction sales tells an impressive tale as is evident from the letter of appreciation issued by the Chairman of MSEB for conducting the sale of its 90 MW Kharparkheda thermal power plant worth Rs 7 crores at Nagpur.

An exclusive antique auction involving the social and business glitterati of India was conducted by him with great flair. It turned out to be a resounding success in terms of value bidding as well as the organizing capability of the Company. Much appreciation was expressed about the auction management abilities of the Company by senior global participants.

Then again, various complex auctions conducted for MSRTC and the Defense departments have received much praise which is recorded in the concerned departments. Thus, he has conducted many an auction - even in danger prone zones!


BUSINESS METRICS – Integrated disposal services and technical back-up:


Our time tested business metrics enable us to offer our Clients an array of services such as consultations on ways of securing the best possible returns for material under disposal e.g. Location, Advertising, Pricing, Lotting and the like on account of an in-depth knowledge of various Industry requirements and access to a dynamic buyer Network which results in swift response cycles and high quality of service in today’s highly competitive and fast paced business environment. In fact we have systematized what was earlier a highly disorganized auctioneering sector in India.


ESSENTIAL GROUND WORK – part of corporate strategy:


Our belief systems and business philosophy has always ensured that we stay tuned to the latest business trends, pricing, markets as well as the entire gamut of auctioneering.

This is reason why our senior managers are constantly researching, monitoring and analyzing information pertaining to various divergent industries as well as sourcing for new and larger buyer participation, through physical contacts, channel partners or through online sources.

The information thus collected, keeps us updated on market realities. It is duly documented and communicated to Clients, enabling them in making informed decisions. This information is particularly useful during pre-auction decision making process of voluminous transactions.


MACHINERY DISPOSAL – a major activity:


K. R. Auctioneers Pvt. Ltd. has developed the acumen of machinery disposal to perfection! We have wide and varied experience in the sphere of Plant, Machinery and Equipment sale through tender, auction, private treaty or negotiated sale – in fact, for a decade now, that’s been our core business. And our reputation speaks for itself.


AUCTION SALES – a science and art:


Conducting an auction sale is no mean business, as it involves in getting the best possible deal for the Client!

We have specialized in sales by auction of a host of materials such as scrap, industrial plant, heavy machinery and equipment. Not just that, we have enviable experience in conducting auctions across diverse industries such as automobile, electronic, chemical, sugar, telecommunications, to name a few - encompassing all areas of manufacturing and construction. Most of these auctions are conducted on the website of K. R. Auctioneers Pvt. Ltd. on behalf of clients and material can be duly inspected at their site.


E-AUCTIONS – in tune with technology


Modern day demands have never found us lagging behind. In fact, at K. R. Auctioneers Pvt. Ltd., we have always believed in staying ahead of the competition, by incorporating the latest trends of technology. Our Online e-Auctions have been a stupendous success and appreciated by our prestigious corporate clients such as Mahindra Group, Cummins Group, Crompton Group, Kirloskar Group, Panse Group & Alfa Laval etc.


PRIVATE TREATY / NEGOTIATED SALE – maximizing value:


Since certain specialized plants such as Steel Mills, Sugar Plants and Power Plants are unsuitable for auctions and have a smaller number of specific buyers across the Nation, we scout for suitable, potential parties over a period of time after conducting thorough research and market study to target this niche clientele. In these cases, the time frame to maximize value is measured in months and years rather than in days. We have a track record of successfully selling large plants and facilitating closure of unviable industry and in finding new operators for surplus plants.


TECHNICAL & VALUATION EXPERTISE AND LOGISTICS – value added services:


Running the auction sale business over two decades gives us multiple advantages in terms of technical know-how. Add to this we have a team of experts who segregate, re-group auction material and assist clients as well as buyers in valuation of material on site to arrive at correct pricing. They compile and collate information for circulation to concerned parties in order to generate healthy competition.

On the Logistics front, we handle advertising for generating business, arrange inspection of material for buyer at site, fix time and date for auction; complete all documentation and expedite lifting of auctioned goods as well as create alternative arrangements in case of defaults – in short we offer complete solutions.


PRESTIGIOUS CLIENTS, PRODUCT PROFILE AND INNOVATION – the catalysts for growth:


Over the years, we have been able to customize and offer services par excellence to a host of prestigious clients spread across the country and covering diverse industry and product mix. Their satisfaction and faith in us has been a catalyst for our growth.

We on our part cherish this association and have always kept the best interests of our clientele at heart through transparency of operation and integrity, paying heed to their feedback and suggestions; modifying and innovating to keep in tune with the changing economic scenario and technology!


SERVICES - offering high value:


K. R. Auctioneers Pvt. Ltd. have spent over two decades in auctioneering and gathered rich experience in this complex field. Interacting with multifarious clients from various industries has given us an in depth understanding of our business and client needs.

We have built a team of technical experts who operate at different levels to cater to the requirements of all our clients.

We have dealt with both government and semi government organizations as well as a number of prestigious private sector corporate houses.

Our services have never been restricted to just conducting auction sales but in putting in all the preparatory work required both before and after auctions so as to enhance returns on investment.

Once the work is assigned to us, here is a list of exemplary services we render:

  • Diligent survey and advice on segregation of material.
  • Advertising in appropriate newspapers where the material would find the best market.
  • Compilation of suitable catalogue with precise information and mailing the same to interested parties.
  • Establishing verbal communication / dialogue with potential customers.
  • Deployment of personnel for conducting all related activities.
  • Making arrangements for the auction; fixing time, date and venue.
  • Arranging realization of auction proceeds and payment to concerned parties
  • Follow up on balance payments and lifting of material in given time frame.

All these activities ensure a smooth, seamless service to our valued clients.