How It Works
Taking part in a Nexvanta auction takes four steps. The rules are the same for everyone.
How it works
Register
Create a free account with your name, email and mobile number. You must be 18 or older.
Complete KYC
Verify your identity once. Only KYC-verified bidders can bid, which keeps every auction genuine.
Bid
Place bids in real time. Each bid must beat the current price by at least the published increment.
Win & Pay
If you hold the highest bid when the auction closes and the reserve is met, you win. Pay securely and arrange collection with the dealer.
Key auction rules
- Each auction shows a starting price and a bid increment. The first bid must be at least the starting price. Every later bid must be at least the current price plus the increment.
- If a bid is placed in the last 2 minutes, the end time extends by 2 minutes (anti-sniping).
- Some auctions have a reserve price. The item is sold only if the highest bid meets the reserve.
- Bids are binding and cannot be withdrawn once placed.
- Auction times are shown in Indian Standard Time (IST).
Ready to place your first bid?
Create your free account, complete KYC in minutes and start bidding.