samil hosts grand anniversary special bidding event at shriram automall bangalore

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  1. 1. Key Highlights One-stop destination for pre- owned vehicles and equipment. Regular bidding events Inspection of vehicle, two days prior to the bidding event Hassle-free and transparent bidding process Huge parking space Refurbishment facility Quick documentation Education Support through Scholarship Programme Easy Finance SAMIL hosts Grand Anniversary Special Bidding Event at Shriram Automall Bangalore Bangalore, 16 February, 2015: Shriram Automall India Limited (SAMIL), an ISO certified Company with AA rating from CRISIL, marked the celebration of its Bangalore Automalls first business anniversary by rolling out a grand bidding event for nearly 300 customers. More than 200 pre-owned vehicles were displayed on the ramp, out of which numerous were successfully disposed. A lucky draw was organised and five fortunate winners were given gift hampers. Mr. Sameer Malhotra (CEO of SAMIL), stated Last year, Shriram Automall Bangalore marked its inception with an aim to bring complete organisation and transparency within the pre-owned space of automobile industry here. After completing a year of successful bidding, we are all set to take this initiative on to the next level by offering value-for-money transactions to our customers. Shriram Automall Bangalore made a substantial contribution to the ongoing Swachh Bharat Abhiyan in India by conducting a cleanliness session within the Automall premises. Also, trees were planted as an initiative towards a greener Automall. The Companys top officials participated in both the initiatives and made them a huge success. Numerous Privileged Bidder Cards and Education Scholarship cheques were also distributed at the anniversary special bidding event. Shriram Automall Bangalore began its operations in February, 2014, while eyeing at organised and ethical trade practices within the pre- owned vehicles and equipment industry. Currently, it provides a huge bidding platform to the people of Bangalore for acquiring and disposing a wide variety of pre-owned commercial vehicles, construction equipment, tractors, buses, cars & SUVs, three-wheelers and two-wheelers. For its customers seeking information on pre- owned vehicles from different locations of India, the Automall is equipped with a one stop classified kiosk. Its a virtual box, containing information on more than 20,000 vehicles and equipment, available for disposal. Repair facility is also provided through NewLook Refurbishment. It was the 30 th Automall of SAMIL in India, inaugurated by Mr. Umesh Revankar (MD of STFC) along with Mr. Sameer Malhotra (CEO of SAMIL). Today, the Company accounts for over 45 well- structured Automalls, across the country. It also plans to set up 3 more Automalls in February, 2015.
  2. 2. About Shriram Transport Finance Company (STFC) Shriram Transport Finance Company Ltd. is the largest asset financing Small Banking Finance Company (SBFC). The company is a leader in organized financing of pre-owned trucks with strategic presence in 5-12 year old trucks and a market share of around 25%. It has a pan-India presence with a network of 630 branches, and employs more than 18,000 employees including 11,243 field officers. The company has built a strong customer base of approx. 1.10 mn. Over the past 34 years, it has developed strong competencies in the areas of loan origination, valuation of pre-owned trucks and collection. It has a vertically integrated business model and offers a number of products which include: Pre-owned CV financing, New CV financing and other loans like accidental repair loans, tyre loans and working capital finance, etc. For more information please visit About Shriram Automall India (SAMIL) Shriram Automall India Limited (SAMIL), one-of-its kind facility, is a wholly owned subsidiary of Shriram Transport Finance Company (STFC). It is India's first-ever service provider that offers various well organised and transparent bidding platforms, including physical, online, one stop classified and negotiated deals, for acquisition & disposal of pre-owned commercial vehicles, construction & industrial equipment, tractors & agricultural equipment, passenger vehicles, three wheelers and two wheelers. The company also provides various allied services, including New Look Refurbishment services, valuation, parking and finance (through STFC). It has successfully launched more than 100 bidding locations, including over 45 well-structured Automalls and nearly 70 strategic parking locations, across India. The company has been awarded ISO 9001:2008 certification for its Quality Management System and rated AA from CRISIL. For more information, please contact: SHRIRAM AUTOMALL INDIA LIMITED 709, Best Sky Tower, F-5, Netaji Subhash Place, Pitampura, Delhi-110034 Tel: 011-41414444 Fax: 011-42414444 E-Mail: Website: SAMILs South India Presence Chennai Gulbarga Hyderabad Vizag Mancherial Hubli Bangalore Anantapur Davangere Tirunelveli Mahaboonagar Cochin Thrissur Trichy Ongole Warangal Kurnool