samil hosts grand anniversary special bidding event at shriram automall karnal

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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

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Page 1: Samil hosts grand anniversary special bidding event at shriram automall karnal

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

Page 2: Samil hosts grand anniversary special bidding event at shriram automall karnal

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