July 28, 2014 10:26 AM ET

Specialty Retail

Company Overview of Shriram Automall India Limited

Company Overview

Shriram Automall India Limited engages in trading, financing, and broking of trucks and commercial vehicles. It provides auctioning of repossessed vehicles, refurbishment of pre-owned vehicles, and electronic truck bazaars. The company was incorporated in 2010 and is based in Chennai, India. Shriram Automall India Limited operates as a subsidiary of Shriram Transport Finance Co. Ltd.

Mookambika Complex

3rd Floor

No. 4, Lady Desika Road

Mylapore

Chennai,  600 004

India

Founded in 2010

Key Executives for Shriram Automall India Limited

Chief Executive Officer
Compensation as of Fiscal Year 2014.

Shriram Automall India Limited Key Developments

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.

Shriram Automall India Limited Opens Automall in Bhopal

Shriram Automall India Limited inaugurates its Automall facility in Bhopal on July 5, 2013. The Automall is the initiative in Madhya Pradesh & provide a unique platform for acquisition & disposal of pre-owned vehicles & equipment to the people.

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