The chair was used by Modi during his November 22 election rally here.
Lalwani said he had ordered the chair at a cost of Rs 3,500 for Modi's rally at the Dushera Maidan here three days before Madhya Pradesh went to polls on November 25.
Earlier, the chair used by the Gujarat Chief Minister during a poll rally in Agra, had attracted a bid of Rs 4.21 lakh.
(With PTI inputs)