Following the record-breaking sale of Anish Kapoor’s Untitled sculpture from 2003 at Sotheby’s in July 2008 for £1.9 million, Sotheby’s will offer for sale another important work by the internationally-renowned sculptor. His Untitled polished, stainless steel mirror sculpture — signed and dated 1996 — is estimated to fetch £500,000-700,000.

"Unlike the vertigo inducing, immaterial voids of his infinite 'holes in space', the large reflective disk of Untitled presents the world as if in a bowl, sucking in and reflecting out all of its surroundings," Sotheby’s spokesperson Helen Collier told ET in an e-mail from London.

Untitled was exhibited soon after its creation in 1996. It was unveiled at the dramatic venue of Kunst-Station St Peter in Cologne, an innovative and progressive centre for arts.

According to Ms Collier, the gleaming mirrored surface of Untitled represents one of Kapoor’s earliest experiments in this medium and was executed at a time when the artist was moving his sculptures from the floor to the wall, making them appear profoundly weightless.

"His use of a pristine, reflective mirror-like material later evolved into major projects such as Sky Mirror — a 33-ft angled dish erected in New York’s Rockefeller Centre — and the monumental Cloud Gate, 2004, which was commissioned for Chicago’s Millennium and which is perhaps his most ambitious exploration into the complex dynamics of the mirrored form," Ms Collier said.

Also in the collection is a photographic print in four parts by Rashid Rana, entitled Veil IV, 2007, which belongs to the artist’s critically-acclaimed series of works that drew inspiration from his home city, Lahore. Estimated at £100,000-150,000, the print depicts a found newspaper image of five veiled Muslim women.

"Since his first solo exhibition at the Nature Morte Gallery in New Delhi in 2004, Rana has become one of the leading fugures of Mumbai’s vibrant Contemporary Arts scene. Although he originally trained as a painter, the artist is best known for his photographs, videos and installations that tackle multiple issues, including the politics of gender, violence and popular culture," Ms Collier said.

In step with Kapoor and Rana, Bharti Kher will be represented in the Contemporary Art Day sale at Sotheby’s by a "mesmerising" composition which uses the bindi as an art object. "The piece is a superb example of the aesthetic alchemy and cultural complexities at play within Kher’s multi-faceted oeuvre," Ms Collier said. The Untitled work, which dates from 2007, is estimated at £40,000-60,000."