SAMIL Platforms

SAMIL offers the most transparent platforms to appease the customer’s comfort. Innovative, practical business platforms like Physical bidding, Online bidding, Private Treaty and Shriram One stop, implemented with high operational integrities have been the core driving strategies in a competitive market scenario. Exclusive concepts of business through practical approach have been the strategies to grow on a competitive framework. SAMIL’s bidding platforms support our long-term growth and perform challenging functions to sustain efficient and a scalable growth.

SAMIL Bidding Platform

Physical Bidding platform offers the most viable option to a buyer to physically inspect the desired vehicle. The platform helps a buyer to see the vehicle, comprehend its running condition and accordingly judge the feasibility of buying the same. Taking the advantage of the opportunity of participating in a physical bidding platform, the traders may delve into better price realization.

Online Bidding helps is reaching out to the remotest locations and address customers present in various nooks and corners of the country. Interested users are trained online and over telephone prior to participation in the bidding platforms. Non-net savvy users can also participate in the event by using the proxy bidding option.

SAMIL also facilitates Private Treaty or negotiated deals between individual and bulk vehicles and equipment owners and buyers with utmost professionalism and transparency. The transaction is performed through online or offline mode.

SAMIL also offers a unique intranet based classified kiosk - Shriram One Stop, yet another augmented platform that provides real-time information about more than 20,000 pre-owned inventories available for sale and simultaneously facilitates registration of individual buyer's requirements. This is a smart initiative to preach a transparent business environment in terms of purchasing and disposing of vehicles. 

What is Private Treaty Sale?

Private Treaty is a platform that facilitates negotiated deals, whereby bulk assets of high value are offered for sale onto the global market. The process originates through discussion and negotiation between the buyer and the seller. A selling and pricing strategy of the assets is decided upon at the mutual interests and the final approval is processed to an individual sale agreement contracts with the buyers.

The scope of the platform is quite challenging since this is quite a long-term selling process. Moreover, the count of sellers and buyers who would be indulging into such a transaction is very limited in the market. Each sale contract is unique and is carried out by our dedicated specialized Private Treaty team. Each member of the team is highly knowledgeable in the concerned field of business and hence the appropriate assistants for both the buyers and the sellers of a Private treaty.

Business transaction of bulk assets includes a lot of apprehensions, inspections and speculations. The longer selling period allows proper judgment of all these core concerns, and an according execution to best suit the purpose and requirements of both the buyers and the sellers.

Shriram Automall India Limited (SAMIL) offers a very efficient and authentic private treaty platform to the clients. SAMIL arranges for a podium of business transaction, a strategic campaign for the buyers and sellers. After providing much assistance to both the parties, the sellers are informed about the best bid, received from various buyers. Negotiation is done in case the bid is lower than the reserve price. A contract and final agreement is then after signed on mutual consents. If you are looking for a reliable Private Treaty platform, SAMIL is definitely your one-stop destination.  

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Sameer Malhotra (CEO at SAMIL)

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