samil hosts grand anniversary special bidding event at shriram automall hapur
TRANSCRIPT
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 Hapur
Hapur, 19 May, 2015: Shriram Automall India Limited (SAMIL) conducted a special bidding event at its Hapur Automall, which has successfully completed two years of physical bidding with its customers. The Automall displayed nearly 100 pre-owned vehicles, including 2 wheelers, cars, commercial vehicles and tractors. Around 300 customers participated in the bidding event and contributed to the maximum disposal of inventory. Mr. Sameer Malhotra (CEO of SAMIL) stated “With Shriram Automall Hapur, we are proud to associate with more than 4000 customers who have participated regularly in the Automall’s physical bidding events. In near future, we are eyeing at increasing our customer base with our value-for-money deals in pre-owned vehicles and equipment”. The Hapur Automall was inaugurated in April, 2013. Spread across 4.7 acres of land, it was launched to serve one-stop platform to the people of Hapur for acquiring and disposing different types of pre-owned commercial vehicles, construction equipment, tractors, cars & SUVs, three-wheelers and two-wheelers. Within two years, it has conducted around 30 physical bidding events and disposed nearly 900 pre-owned vehicles and equipment. For its customers seeking information on pre-owned vehicles from different locations of India, the Automall is equipped with a one stop classified kiosk. It’s a virtual box, containing information on more than 20,000 vehicles and equipment, available for disposal. Repair facility is also provided through NewLook Refurbishment. While making the bidding event special, the Automall felicitated its 5 prime customers with gifts. A lucky draw brought fortune for 5 customers. Numerous Privileged Bidder Cards and Education Scholarship cheques were also distributed at the event. In near future, Shriram Automall Hapur is all set to bring new reforms in the business of pre-owned vehicles and equipment.
About Shriram Transport Finance Company (STFC)
Shriram Transport Finance Company Ltd. is the largest asset financing Small Business 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 www.stfc.in.
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 150 bidding locations, including 50 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: [email protected]
Website: www.samil.in