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February 10, 2016 6:32 AM 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...

Best Sky Towers

709-713, 7th Floor

F-5, Netaji Subhash Place


New Delhi,  110034


Founded in 2010


91 11 4141 4444


91 11 4241 4444

Key Executives for Shriram Automall India Limited

Chief Executive Officer and Whole Time Director
Company Secretary
Compensation as of Fiscal Year 2015.

Shriram Automall India Limited Key Developments

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.

Manheim Eyeing Shriram Automall

Manheim Auctions Ltd. is interested in Shriram Automall India Limited. The company is looking to acquire Shriram Automall from Shriram Transport Finance Co. Ltd. (BSE:511218). Executive Director of Shriram Transport Finance, P Sridharan said, “Manheim is in negotiations for a minority stake. Things are moving, but it is still early days in the deal.”

Shriram Automall Launches 33rd Automall Facility in Thrissur, Kerala

Shriram Automall India Limited Launched 33rd automall facility in Thrissur, Kerala. Spread across a land of 1.9 acres, the Automall has been shaped to facilitate parking of pre-owned vehicles and equipment that are traded under SAMIL’s bidding platforms. The main objective of its set up is to bridge the long distances between SAMIL’s full-fledged Automall facilities and an owner of the vehicle in Thrissur, Kerala. Through this Automall facility in Thrissur, SAMIL makes an initiative towards serving convenience to its customers while reducing the length of road connecting them with SAMIL’s holistic Automall.

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