March 01, 2017 1:19 PM ET

Specialty Retail

Company Overview of Shriram Automall India Limited

Company Overview

Shriram Automall India Limited is engaged in the sale of used commercial vehicles in India. It operates through two segments, Trading and Facilitation Service. The company through its bidding platforms facilitates the trade of used vehicles and equipment, including a range of pre-owned commercial vehicles, construction equipment, tractors, cars and SUVs, 3 wheelers, and 2 wheelers. It also provides physical bidding, online bidding platform, one stop Intranet Kiosk, and private treaty platform services, as well as refurbishment, parking facility, valuation, and documentation services. In addition, Shriram Automall India Limited is involved in vehicle financing activities, as well as providing...

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709-713, 7th Floor

F-5, Netaji Subhash Place

Pitampura

New Delhi,  110034

India

Founded in 2010

Phone:

91 11 4141 4444

Fax:

91 11 4241 4444

Key Executives for Shriram Automall India Limited

Chief Executive Officer and Whole Time Director
Chief Financial Officer
Company Secretary
Compensation as of Fiscal Year 2016.

Shriram Automall India Limited Key Developments

Shriram Automall Inks Tie-Up with Manappuram Finance

Shriram Automall India Limited has joined hands with Manappuram Finance Limited. With this tie-up, the company marks a successful commencement of its association with the financial institution and extends the benefits of its holistic solutions for the disposal of all types of pre-owned vehicles and equipment. Under this alliance, Shriram Automall will cater to all the segments of the Manappuram Finance Limited, including pre-owned commercial vehicles, construction equipment, tractors, cars & SUVs, three wheelers and two wheelers. Manappuram Finance Limited will gain utmost benefit as the service provider will certify the market value of every vehicle and help completely in the decision-making process. Moreover, the 24x7 parking facility will ensure safety of vehicles and refurbishment will increase their market value.

Shriram Automall India Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2016

Shriram Automall India Limited reported earnings results for the fourth quarter and full year ended March 31, 2016. For the quarter, the company reported total income of INR 233.5 million, profit before taxation of INR 71.7 million, profit after tax from continuing operations of INR 47.6 million, EPS of INR 1.59 against total income of INR 222.3 million, profit before taxation of INR 69.6 million, profit after tax from continuing operations of INR 46.4 million, EPS of INR 1.54 for the same period a year ago. For the year, the company reported total income of INR 757.1 million, profit before taxation of INR 78.5 million, profit after tax from continuing operations of INR 54.2 million, EPS of INR 1.81 against total income of INR 704.2 million, profit before taxation of INR 118.2 million, profit after tax from continuing operations of INR 78.9 million, EPS of INR 2.63 for the same period a year ago.

Shriram Automall India Limited Inks Tie-Up with IKF Finance Limited

Shriram Automall India Limited (SAMIL) has tied up with IKF Finance Limited. SAMIL will now play a crucial role in the disposal of IKF's all types of pre-owned vehicles and equipment, including commercial vehicles, construction equipment, tractors, cars & SUVs and three-wheelers. The agreement in which both the parties have entered states a mutual alliance which is structured on SAMIL's holistic solutions that can add value to the complete disposal process. SAMIL will provide disposal services to all its branches within the Gujarat, Maharashtra and southern region through its physical and online bidding platforms. The Company has assured an optimum utilization of its resources for an impressive disposal of vehicles. It will enhance the reach of vehicles while showcasing them on a platform which is accessible to the entire world.

Recent Private Companies Transactions

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No transactions available in the past 12 months.
 

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