Raza’s painting sells for over Rs 4 crore at online auction | art and culture | Hindustan Times
Today in New Delhi, India
Jan 23, 2017-Monday
New Delhi
  • Humidity
  • Wind

Raza’s painting sells for over Rs 4 crore at online auction

art and culture Updated: Sep 11, 2010 13:34 IST
Jayeeta Mazumder
Jayeeta Mazumder
Hindustan Times
Highlight Story

Artist SH Raza did it again. After his artwork garnered the highest bid and sold for the highest amount at the Saffronart Summer online auction in June, Raza’s painting Bharatiya Samaroh topped the list again on September 9. It sold for Rs 4,07,25,000.

Jogen Chowdhury’s Couple I – Man and Woman ranked second, selling at Rs 1,59,56,250, and Francis Newton Souza’s Last Howl from the Cross came third with a selling bid of Rs 1,55,25,000.

One of the largest online fine-art auction houses, Saffronart’s Autumn Art Auction showcased the works of 43 contemporary Indian artists at its annual Autumn Online Art Auction. With a total of 90 lots, the sale had works including paintings, drawings, installations and sculptures.

SH RazaThe auction included art by renowned artists like Jehangir Sabavala, Subodh Gupta, NS Harsha, Jitish Kallat and G Ravinder Reddy.

Dinesh Vazirani, CEO and co-founder of Saffronart says, “The auction saw strong prices achieved across the board as well as sustained bidding from serious collectors. I believe that the art market is now on a sustained upward trajectory and we will continue to witness renewed interest in the works of renowned Indian artists in the coming auctions.”

One of Raza’s earliest and largest fractured geometric paintings, Bhartiya Samaroh highlights distinct symbols and their collective narrative. There’s a recurring use of motifs like the Bindu or the triangular yoni. The painting’s patterned squares come together to form a story.

Interestingly, famous artists like MF Husain, Akbar Padamsee, Subodh Gupta feature much later in the highest bid list. Total winning value of all the works amounted to Rs 28,85,98,932.