Tirumala Tirupati Devasthanam Trust conducted e-auction of 29,600 kilos of human hair on Thursday. The auction held under the supervision of Tirumala JEO KS Sreenivasa Raju netted INR 5.83 crores.
The hair auctioned are sold on the basis of the length and color of the hair. The fifth variety of hair with a length of less than five inches and the third variety of hair(10-15 inches) were the highest sought after in the e-auction. The trust had placed 22500 kgs of fifth variety hair and 70500 kgs of third variety of hair in the auction. The fifth variety which was priced the least at INR31-32 per kg was completely sold out, while 5400 kgs at the rate of INR 4314 per kg were sold from the third variety of hair.
Out of the 2800 kgs of first variety of hair ( 31 inches and above) placed for auction, TTD auctioned 300 kgs and out of 24700 kgs of the second variety of hair(16-30 inches), about 1400 kgs were sold. The first variety of the hair is considered premium lot with a price band of 25,563-64 per kg.
The fourth variety of hair with a length five to nine inches and grey hair were the least sought after in the e-auction. The trust had placed 12900 kgs of fourth variety hair and 2000 kgs of grey hair in the auction which had no takers.