samil hosts grand anniversary special bidding event at shriram automall karnal
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 Karnal
Karnal, 19 May, 2015: Shriram Automall India Limited (SAMIL), an ISO certified Company with AA rating from CRISIL, rolled out a Mega Bidding Event in its Karnal Automall, celebrating its first business anniversary with customers. SAMIL displayed around 100 pre-owned vehicles in the bidding event and made it an extremely beneficial participation for more than 200 customers present at the Automall. In a span of one year, Shriram Automall Karnal has got associated with more than 2000 customers and developed a trustworthy relation with them all. The Automall acknowledged their alliance and also felicitated 5 prime customers with special gift hampers. Mr. Sameer Malhotra (CEO of SAMIL), stated ”The set up of Shriram Automall Karnal was aimed at adding value to the pre-owned vehicles market within the region through complete transparency followed within transactions. Within a year, we have conducted nearly 30 bidding events while disposing over 300 pre-owned vehicles and equipment”. Out of all the different pre-owned vehicles displayed at the bidding event, including two wheelers, cars, commercial vehicles, tractor and construction equipment, maximum were disposed successfully. Numerous Privileged Bidder Cards were also distributed. Shriram Automall Karnal marked its beginning in May, 2014 with an aim to bring progress and comfort in the life of pre-owned vehicles’ buyers and sellers. Gradually, it expanded it has expanded its portfolio through a wide variety of pre-owned commercial vehicles, construction equipment, tractors, 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. 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 Refurbsihment. It was the 35th
Automall of SAMIL in India. Today, the Company accounts for 50 well-structured Automalls, across the country. 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