All 299 liquor vends in Mohali sold in one go for ₹849 crore
2 days, 23 hours ago

All 299 liquor vends in Mohali sold in one go for ₹849 crore

Hindustan Times  

Two weeks before the 2025-26 Excise Policy kicks in, the Mohali excise department successfully auctioned all 299 vends in the district in one go on Monday, generating an impressive ₹849.16 crore against the reserve price of ₹595 crore. In Mohali city, the 13 vends in Mohali-3 fetched ₹70.37 crore, the 16 vends in Mohali-2 went for ₹59.67 crore, and the 18 vends in Mohali-1 were sold for ₹56.97 crore. Chandigarh Liquor Company secured 15 vends in Mohali-4 for ₹67.33 crore, while Aman Sharma won the 52 vends in Lalru for ₹54.52 crore. Jai Guruji Company purchased 25 vends in New Chandigarh for ₹58 crore, while Scotchtap Company won the 22 vends in Dera Bassi for ₹67 crore.

Crore Mohali Vends Liquor Company  299  849  technical  groups  sold  bid  won  mohali  crore  vends  liquor  company  16  department

History of this topic

Chandigarh stares at ₹150 cr loss from 18 unsold liquor vends
1 year, 6 months ago

Chandigarh stares at ₹150 cr loss from 18 unsold liquor vends

Hindustan Times  

The UT excise and taxation department is staring at a ₹150 crore loss this financial year with 18 of its liquor vends finding no takers even after 18 rounds of auctions. Darshan Singh Kler, the owner of Kler Wines, who acquired six liquor vends in the auction held on March 15, criticised the UT’s excise policy as well as its …

Chandigarh stares at ₹400 cr revenue loss as 8th liquor vend auction draws a blank
1 year, 10 months ago

Chandigarh stares at ₹400 cr revenue loss as 8th liquor vend auction draws a blank

Hindustan Times  

Finding no takers for its liquor vends and left with no option but to slash the reserve price multiple times, the UT excise and taxation department is staring at a revenue gap of almost ₹430 crore this financial year. Finding no takers for its liquor vends and left with no option but to slash the reserve price multiple times, the …

Chandigarh: Only 5 of 29 liquor vends allotted in fifth round of auction
1 year, 11 months ago

Chandigarh: Only 5 of 29 liquor vends allotted in fifth round of auction

Hindustan Times  

UT excise and taxation department’s fifth attempt to auction unsold liquor vends also proved to be a damp squib, with only four of 29 vends finding takers. Liquor contractors have also cited the higher licence fee in Chandigarh for the poor response, which is ₹ 6 crore on an average compared to ₹ 1.5 crore to ₹ 2 crore in …

Chandigarh: Only 11 of 52 liquor vends auctioned in second round
1 year, 11 months ago

Chandigarh: Only 11 of 52 liquor vends auctioned in second round

Hindustan Times  

In yet another jolt to the UT excise and taxation department, it managed to sell only 11 of the 52 remaining liquor vends in the second round of auction that took place on Tuesday. From Tuesday’s auction, Chandigarh excise and taxation department earned a revenue of ₹ 54.85 crore against the reserve price of ₹ 51.27 crore. From the auction …

Chandigarh: More than 50% liquor vends find no takers
2 years ago

Chandigarh: More than 50% liquor vends find no takers

Hindustan Times  

After failing to achieve its liquor revenue for 2022-23 financial year, primarily due to introduction of uniform liquor prices in the tricity, the UT administration is now staring at unsold liquor vends in the upcoming fiscal, set to further dent its excise earnings. In comparison, in 2022, UT had managed to sell 88 of the 96 liquor vends, earning ₹497.91 …

Liquor rates on par with Mohali, Panchkula, Chandigarh’s revenue target still not met
2 years ago

Liquor rates on par with Mohali, Panchkula, Chandigarh’s revenue target still not met

Hindustan Times  

With less than a month left before the end of the financial year, the UT administration has not been able to achieve its liquor revenue target despite the decision to bring liquor rates on par with Mohali and Panchkula. In the 2023-24 Excise Policy, which will come into force from April 1, the Chandigarh excise department has not increased the …

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