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The Company

Kirloskar Pneumatic Company Ltd., is India's leading name in Compressed Air, Air-conditioning & Refrigeration, and Hydraulic Power Transmission. Incorporated in 1958, KPCL is a part of the Kirloskar Group - a US $ 467 million engineering conglomerate driving critical industries like power, construction and mining, agriculture, industry and transport, oil and gas and environment protection with a range of world class industrial products and turnkey services.

 
     
 

The Challenge

Kirloskar Pneumatic had identified certain surplus assets generated due to our re-engineering process. The disposal of these surplus assets at maximum possible realization and to ensure better & faster asset recovery was a challenge for us.

The Solution

ProAsset™, the eDisposal Auction Solution coupled with Industry Leading Technology and Marketmaking Services

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The Success

Using, ProAsset™ - the eDisposals Auction Solution, K G Khosla & Company, a part of the Kirloskar Pneumatic Group was able to achieve significant success by :

  • Improved realization at minimal asset disposal cost
  • Aggressive Market Making helped in national mobilisation of bidders
  • Increased transparency by breaking bidding cartels
 
     
  Our Relationship

Kirloskar Pneumatic (K G Khosla & Co) has signed a contract for disposing of their surplus assets such as grinding machines, drilling machines, lathes, milling machines, special purpose machines, boring machines etc to the tune of an estimated value of Rs 40 lakhs

 
     
   
     
 
 
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