Frequently Asked Questions

An Auctioneer is one who initiates an e-Auction, defines its parameters, invites appropriate Bidders for participation and concludes the e-Auction. Anyone who needs to buy or sell efficiently can begin the whole Auction process as an Auctioneer.

By initiating an Auction the Auctioneer commits to buy or sell any item on the successful bid price.

Anyone be it an executive of a company or an individual wishing to bid or participate in an online e-Auction event is a Bidder. By responding in an e-Auction, the Bidder commits to buy or sell items at prices bid by him during Auction.

Forward Auction - Forward Auctions are sale oriented Auctions, where Auctioneers are trying to sell their products or services. Starting from a minimum acceptable price, Bidders are actively bidding to increase the selling price or the bid price, in a series of bids to purchase the offered items.

In simple terms, when you have products and services to sell, Forward e-Auction is the right e-Auction for you.

Reverse Auction - Reverse Auction is just the opposite of forward e-Auction wherein the Auctioneer invite bids to buy product(s) and services from among many sources: Reverse e-Auction is hence is a device for selecting sources of supply. Starting from the highest acceptable price for any item, Bidders are actively bidding to reduce the buying price for the Auctioneer. In reverse e-Auction bid prices keep going down when Bidders compete with each other.

In simple terms, when you plan to buy products and services, Reverse e-Auction is the one you need to choose.

Each e-Auction is a private event conducted between the Auctioneer and a set of invited Bidders on our platform. No outsider can view any aspect of an e-Auction event without proper invitation by Auctioneer. And even then, an invited Bidder can only view details of his own bids.

Therefore all data like Items' specifications, pricing, Bidders' information and bid data are all confidential and available to respective Auctioneer only.

Registration is a simple process.

Go to registration form. Select "Register" and fill out all required details. Go through Terms and Conditions & Privacy Policy and click on the 'Register' button. It is a simple registration form with minimum details for identification and security. Go ahead, take a look and register.

Yes, e-mail ID is mandatory to take part in Online Auction.

If you register on Portal, you can have access to the event information, enable you to purchase event documents and submit them online. Free and fair participation is possible with more transparency. If your profile is not approved, you’ll get profile status message on your screen at the time of login. This login ID & Password can be used to participate in online bidding process.

Yes, an Individual can register as a Bidder on AuctionTiger Platform.

Click on "Forgot Password" link provided on Login page. You will be required to provide your registered email ID, Hint question details and system will allow you to change password.

If Bidder is entering a wrong password for 3 consecutive times, his login will be disabled and in this case he has to contact our support & implementation Team on Mentioned No. in Website contact us page.

Our portal supports Internet Explorer 9.0 & above (32‐bit Browser only), Google Chrome 20.0 to 41.0 and Mozilla Firefox 13.0 & above. Operating System should be Windows Vista / Windows 7 / Windows 8 / Windows 10. Also, System should have access with Administrator Rights.

It is recommended to have an uninterrupted internet connection with speed of 256 kbps or higher; please note during the e-Auction process, which can last 2 hours or so, internet connection should not go off.

You can get more information after clicking on ‘View more details ’ mentioned against each property.

For further information, you may call our Team whose name is mentioned in the property details page.

If bidder wants to participate in e-Auction, he/she is allowed to inspect the asset before bidding in auction.

EMD (Demand Draft/ Receipt of NEFT or RTGS as mentioned in the Sale Notice), KYC (PAN Card, Address Proof), Tender Form along with Terms & Conditions.

Yes, training on Online Inter-se Bidding Process is provided to all the participants.

Bidder contact our support & implementation Team on Mentioned No. in Website contact us page.

At the closure of the Online Inter-se Bidding, the Rank of every Bidder appears on the screen itself.

Need to contact Bank / Department.

(a) What is Digital Certificate : A digital certificate is an electronic "passport" that allows a person, computer or organization to exchange information securely over the Internet.

(b) Who issues the Digital Signature Certificate? : A licensed Certifying Authority (CA) issues the digital signature. Certifying Authority (CA) means a person who has been granted a license to issue a digital signature certificate under Section 24 of the Indian IT-Act 2000.

(c) What type of Digital Signature Certificate (DSC) is to be obtained for e-Filing on the Portal? : DSC of Class 2 and Class 3 category issued by a licensed Certifying Authority (CA) needs to be obtained for participation. Mandatory check for Digital Certificate to participate in the Online Event:
Organization Digital Certificate : If bidder want to participate on behalf of his/her Company.
Individual Digital Certificate : If bidder want to participate with his/her Personnel Name.