Quippo Construction Equipment is one of the largest equipment service providers with a pan India presence operating out of 35 locations across the country.

Quippo Construction Equipment (QCEL) is reckoned as one of the pioneers for introducing the concept of equipment renting and banking in India in an organised manner. An endeavour of the SREI Group promoted by the Kanorias, Quippo has built its reputation over the last 10 years in the construction arena for its remarkable service achievements. Today QCEL is one of the largest equipment rental organisations with a pan India presence operating out of 35 locations across the country.

Services

Equipment rental: Renting with Quippo is a unique proposition:

? Robust fleet size of over 450 equipment
? Catering to the entire arena of infrastructure world
? Wide range of fleet mix from a backhoe loader to a hydraulic piling rig
? Qualified service engineers and mechanics

Operating lease: Under operating lease, QCEL provides equipment on long term lease/deployment to big construction companies. The operating lease transaction is usually done for big ticket equipment generating higher revenues, long tenure contracts, and large number of equipment rendering voluminous business.

Equipment bank: Equipment banking is a concept wherein construction companies/contractors can bank idle or unutilised fleet with Quippo and provided on re-rental on revenue sharing basis. Quippo is working on this in a larger scale within the corporate umbrella with some big construction companies.

QCEL has an edge to offer banking services due to established rental company with a large customer base, expertise to handle wide variety of fleet, and exposure to manage rental operations.

Fleet management: Quippo has come up with a unique fleet management solution for repossessed fleet of the banks/NBFCs on a pan India basis. The services include fleet management and upgradation, yard maintenance, assessing equipment for the repair/face-uplifting and providing the same to the customer, and repairing upon customer?s approval.

Valuation

Quippo provides valuation services to various companies/contractors for evaluation of market price for disposal of asset, for procuring loan amount on the basis of valuations, used asset procurement, for insurance purposes, and to evaluate book value of assets for audit purposes

Disposal

Quippo has a qualified manpower for disposal of used equipment. This is done through various channels: Private treaty/negotiated sales, sale melas, online auctions, live auctions, etc.

Trading

Quippo identify, inspect, negotiate and buy the equipment with predetermined set of buyers/market in mind. This can include:

? Procure the Equipment from domestic/ Overseas Markets
? Refurbish the equipment as per the specifications required by the target market segment.
? Once equipment is ready invite the prospective buyers for inspection
? Dispose the equipment in domestic/overseas markets.

Fee-based training: Quippo is associated with some training institutes and has opened up its facilities and expertise to provide training on the below mentioned aspects to the apprentice/student:

? Operation of an equipment
? Daily, weekly and monthly maintenance of the equipment
? Safety parameters

QCEL is well positioned to offer these services due to pan India presence, expertise to operate and maintain wide variety of fleet, and available wide variety of fleet that can be utilised for training purpose.