[MyFamilyInvestment] Surya Roshni Limited Fixed Deposit

[Blogger]

Surya Roshni Limited is offering fixed deposits with interest rate up to 12% per annum. From a small beginning in 1973 as a tube making unit, Surya Roshni Ltd has emerged today as a vast conglomerate with the largest ERW pipe manufacturing plant in India, a large cold rolling strip mill at Bahadurgarh (Haryana) and two lighting units on each at Kashipur (UP) and Malanpur (MP) producing fluorescent tube lights,GLS lamps ,CFL lamps, HPSV lamps and Metal Halide Lamps.The company also markets a wide range of Luminaires and Accessories, High Mast Lighting Systems, Lighting Poles, Decorative Poles and MCBs.

Interest rates and minimum amount:

Tenure	Minimum Amount		Interest Rates
	Cumulative Schemes	Non-Cumulative Schemes	Cumulative Schemes	Non-Cumulative Schemes
1 Year	Rs. 10,000	Rs. 30,000	10.50%	10.50%
2 Year	Rs. 10,000	Rs. 30,000	11.50%	11.50%
3 Year	Rs. 10,000	Rs. 30,000	12.00%	12.00%

Interest is compounded on yearly basis and payable quarterly in case of non-cumulative schemes. TDS will be deducted if interest income is above Rs 5000 unless Form 15G/H is submitted.

Eligibility:

Resident individuals, Domestic company, HUFs, Registered Trusts/Societies can apply.

Financial performance of the company:

Year March Ending	2009-10	2010-11
	(Rs. In crores)	(Rs. In crores)
Turnover	1938.93	2441.82
Profit Before Interest, Depriciation & Tax	129.56	181.93
Profit Before Depreciation & Tax	80.85	121.39
Profit Before Tax	53.76	70.15
Profit After Tax	45.17	66.74
Dividend (%)	20	15
Share Capital	37	61.46
Reserves	20.04	570.09

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Posted By Blogger to MyFamilyInvestment at 5/25/2012 09:47:00 AM