Plant & Machinery Valuation
Industrial plants, machinery and equipment — for bank finance, insolvency proceedings, financial reporting and tax.
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Specialised Asset Valuation
Valuation of marine, aviation, port, mining and other specialised movable assets — where values depend on certification, utilisation and a thin, often international market.
Overview
Specialised asset valuation
Some assets do not fit a standard machinery valuation. Vessels, helicopters, port cranes and heavy mining equipment are valued on their certification and class status, hours or running life, maintenance history and a market that is often thin and international.
We value these assets with the same discipline as any plant and machinery assignment — physical inspection, document review and a clearly stated basis and premise of value — with input from operators and the asset's technical records.
Cargo and inventory are valued for insurance, claims, customs and lender purposes on the basis of type, specification, condition and prevailing market prices.
Purposes
Typical purposes
Lending
Security valuation and periodic revaluation for asset-backed loans and leases.
Lending
- Value based on class status, hours and condition
- Registration and certificate checks
- Periodic revaluation of the financed asset
- Report in the lender's format
Insolvency & recovery
Fair value and liquidation value for IBC, DRT and auction proceedings.
Insolvency & recovery
- Two IBBI Registered Valuers per asset class under IBC
- Fair value and liquidation value as at the stated date
- Reserve price valuation for auctions
- Inspection where the asset is located
Insurance
Agreed values and sums insured, and valuation after loss or damage.
Insurance
- Agreed value for hull or helicopter policies
- Replacement value to set the sum insured
- Assessment after loss or damage
- Cargo valued on type, condition and market price
Transactions
Purchase, sale, transfer between group companies and restructuring.
Transactions
- Value for purchase or sale negotiations
- Transfers between group companies
- Basis and premise of value stated in the report
- Records and certificates reviewed before inspection
Scope
Assets we value
- Marine vessels, tugs and barges
- Helicopters and engines
- Port and container-handling cranes
- Construction equipment and earth-movers
- Mining and coal-handling equipment
- Cargo and inventory
Our process
How an assignment runs
Step 01
Scope
We agree the purpose, basis of value and premise (in use, for sale, or forced sale).
Step 02
Records
We review registration and class certificates, logs, maintenance and overhaul records.
Step 03
Inspection
Physical inspection of the asset where it is located or operating.
Step 04
Market evidence
Research of recent sales, new-build or replacement prices and charter or lease rates.
Step 05
Report
A signed report with the value conclusion, assumptions and photographs.
Who does the work
Our team for this service
Registered valuers, chartered engineers and specialists who work on specialised asset valuation assignments.
Sharadkumar B. Chalikwar
Chairman & Managing Director
IBBI — Land & BuildingIncome Tax — Land & Building, Plant & MachineryIOV — Land & BuildingIIV — Plant & MachineryPVAI — Land & BuildingChartered Engineer (India) — The Institution of Engineers (India)Fellow — The Institution of Engineers (India)
Manoj B. Chalikwar
Joint Managing Director
IBBI — Land & Building, Plant & MachineryIncome Tax — Land & Building, Plant & MachineryIIV — Land & Building, Plant & MachineryPVAI — Land & BuildingIIV-RVF — Plant & MachineryChartered Engineer (India) — The Institution of Engineers (India)Licensed Structural Engineer — Maharashtra (UDCPR) — Directorate of Town Planning, Government of MaharashtraMember — The Institution of Engineers (India)
Umang A. Patel
Director
IBBI — Land & Building, Plant & MachineryIncome Tax — Land & Building, Plant & MachineryIIV — Land & Building, Plant & MachineryIIV-RVF — Land & Building, Plant & MachineryChartered Engineer (India) — The Institution of Engineers (India)Associate Member — The Institution of Engineers (India)
Avinash Pandey
Regional Head, Thane
IBBI — Plant & MachineryIncome Tax — Plant & MachineryIIV-RVF — Plant & MachineryChartered Engineer (India) — The Institution of Engineers (India)Member — The Institution of Engineers (India)
FAQ
Frequently asked questions
Can't find the answer? Ask us directly — we're happy to explain how an assignment would work.
All questionsDo you value aircraft fleets?
Our documented aviation work is the valuation of helicopters and their engines. Tell us about your asset and we will confirm whether we can take it on.
Can you value a vessel that is not in Indian waters?
Inspection is normally required. Contact us with the vessel's details and location to discuss scope.
