AI-recommended floor and reserve prices
Pricing models trained on historical data and live market trends — no more starting too low.
Forward Auction
Competitive Bidding. Maximum Value. Complete Transparency.
A forward auction is the most widely used format for selling industrial scrap, surplus inventory, and secondary materials. A single seller lists material for sale, and multiple verified buyers compete openly — driving the price upward until the highest bidder wins.
It's the most effective way to discover the true market price for your material, eliminate buyer cartels, and guarantee fair, documented outcomes.
For sellers
Selling is Simple. Results are Serious.
- 1
Share Your Material Details
Tell us what you're selling: material type, quantity, location, and any relevant quality parameters. Our team takes it from there.
- 2
We Prepare the Auction
We create the lot catalogue, set a reserve price based on market research, configure the auction rules, and schedule it at the optimal time for buyer participation.
- 3
We Reach Your Buyers
Targeted outreach to relevant verified bidders via WhatsApp, email, and SMS — ensuring the right buyers show up.
- 4
The Auction Runs
Buyers bid in real time. Automatic time extensions prevent last-second sniping. You watch the price rise on your client dashboard.
- 5
We Handle the Rest
You approve or reject the winning bid. We generate the LOA and invoice, track payment, and follow up on material lifting — all documented with a full audit trail.
For bidders
Bidding is Fast. Everything is Visible.
- 1
Register & Complete KYC
Create your account and complete our onboarding process. Verified once, you get access to auctions from all our seller clients.
- 2
Browse Upcoming Auctions
A unified dashboard shows all live and upcoming auctions across multiple sellers, with catalogues, terms, and start times in one place.
- 3
Request Participation
One click to request participation. You'll receive confirmation and all auction details automatically.
- 4
Bid Live
Join the live auction, see real-time rankings, place bids, and receive instant outbid alerts. Track every lot you care about.
- 5
Win & Collect
Receive your winning confirmation email with complete details. Track payment status and material collection from your buyer dashboard.
Built for sellers
Tools that Maximize Realization
Configurable bid increment / decrement
Per-lot rules so you can encourage participation or protect against manipulation.
Auto time extension
Auctions auto-extend on late bids to prevent last-second sniping and maximize realization.
Client-side lot approval / rejection
Final word on every winning bid stays with you. No surprises.
Real-time performance dashboard
Track auction progress, bidder participation, and revenue impact as it happens.
Full audit trail and post-auction reporting
Every action timestamped and exportable for governance review.
LOA generation and payment tracking
Automated documentation and follow-ups from auction close through payment receipt.
ERP / SAP integration
Inventory, transactions, and reconciliation flow between systems — no manual data entry.
IP tracking & role-based access
Detect proxy bidding; control who in your org sees what across multi-user teams.
Built for buyers
A Bidding Experience Built for Volume
Single login across multiple clients
Verified once. Bid on every seller's auctions from one dashboard.
Live rank visibility & outbid alerts
See where you stand in real time and respond instantly when outbid.
Wishlist & participation tracking
Save lots of interest, manage participation requests in one place.
EMD management
Earnest money deposit handling integrated into the auction flow.
Proxy / auto-bid support
Set your maximum and let the system bid for you up to that ceiling.
Instant notifications
Wins, time extensions, payment due — every event delivered to you.
Complete purchase history
Searchable record of every lot won, with documentation attached.
Dedicated help desk access
Real humans on call — not just a chatbot — when you need them.
Results
What Our Sellers Achieve
Typical realization
15–25%
Better outcomes vs. spot or local sales
- Competition outside your local market breaks regional cartels and price-anchoring patterns.
- A verified national buyer network means more serious bidders show up to every auction.
- AI-backed pricing ensures you never start too low — and never set a reserve that scares buyers off.
- Time pressure and rank visibility push bidders to their best price, not their first price.
Get started