SME Times is powered by   
Search News
Just in:   • Over 25 injured as bus overturns in MP's Chhindwara  • Centre has released Rs 50,571 crore to states as special assistance  • India’s power consumption up 5 per cent in Nov  • AMRUT 2.0 scheme allocates Rs 66,750 crore to help cities become 'water secure  • CRISIL reaffirms strong credit ratings for Adani Group firms 
Last updated: 27 Feb, 2016  

Shriram Automall Enters Limca Book of Records

NewsVoir | 26 Feb, 2016
Shriram Automall, the largest service provider for exchange of used vehicles & equipment enters into Limca Book of Records by creating two national records. The company has conducted highest number of bidding events in a financial year in both physical and online platforms.

 

It organized a record 2,466 Physical Bidding Events and 6,683 online bidding events all over the country for acquisition and disposal of pre-owned vehicles during FY 2014-15. The listed items included vehicles like cars, SUVs, trucks, three-wheelers, bikes and scooters besides farm equipment, construction and industrial equipment.

 

Shriram Automall, since its inception in 2011, has organized 21,000+ bidding events, serving over 3,00,000 satisfied customers resulting in generating over 4,50,000 transactions.

 

Shriram Automall also completed its five years in business. To mark the grand event, the company organized 40+ bidding events all over the country in a single day. The company also conducted a health checkup camp for its customers in addition to awarding scholarships to deserving students at various locations.

 

The company organised a grand bidding event at its Manesar Automall in presence of Mr. Bhim Wadhwa, (President - All India Motor Transport Congress), Mr. Tarlochan Singh Dhillon (President – Delhi Goods Transport Association), Mr. Manjinder Pal Singh Lovely (Chairman - Delhi Goods Transport Association), Ms. Vijaya Ghose (Editor - Limca Book of Records), Mr. Karl Werner (Chief Operations Support and Development Officer - Ritchie Bros. Auctioneers), Mr. Rob McLeod (Chief Business Development Officer – Ritchie Bros. Auctioneers), and Mr. Umesh G. Revankar (MD - STFC).

 

“We are delighted to enter in Limca records and also as we complete our five years of business excellence, it fills me with immense pride to watch our company moving further on the path of success and accomplishments. Shriram Automall doesn’t only assist customers in exchange of the used vehicles & equipment but also transforms their lives ultimately creating better citizens”, said Mr. Umesh Revankar, MD STFC.

 

Talking about the event Mr. Sameer Malhotra, CEO Shriram Automall said “As we entered in the country’s highest record book and also completes five glorious year’s in the business, we would like to take the opportunity to thank everyone who has been the part of our journey & made it successful.”

 

The event will be a first of its kind in the history of the company where 40+ bidding events will be organized on the same day, making it a big achievement in its own. Through its professional services, Shriram Automall has changed the lives of many by transforming a driver to a proud owner of an asset, from an employee to an entrepreneur. Our unique platforms serve as a means to our customers to start something new, something big.

 

About Shriram Automall India (SAMIL)

SAMIL is 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 organized 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. Company has its presence all over the country with its already established 56 Automalls and 100+ bidding locations. The company has been awarded ISO 9001:2008 certification for its Quality Management System and rated AA+ from CRISIL.

 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
84.35
82.60
UK Pound
106.35
102.90
Euro
92.50
89.35
Japanese Yen 55.05 53.40
As on 12 Oct, 2024
  Daily Poll
Will the new MSME credit assessment model simplify financing?
 Yes
 No
 Can't say
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter