[MyFamilyInvestment] Micro Technologies Fixed Deposit

[Blogger]

Micro Technologies India Limited, an IT company, is offering fixed deposit with interest rates up to 12.5% per annum. The company is a leading global developer, manufacturer and marketer of security devices for its clients across the globe. Product lines include the much-needed security devices, life style and support systems and web-based software. Micro Technologies has a history of leading-edge security solutions products.

Interest rates and minimum amount:

Tenure	Minimum Amount	Interest Rates
		Cumulative Schemes	Non-Cumulative Schemes
1 Year	Rs. 25,000	11.00%	11.00%
2 Year	Rs. 25,000	12.00%	12.00%
3 Year	Rs. 25,000	12.50%	12.50%

Interest is compounded quarterly and paid quarterly in case of non-cumulative schemes. Interest is subject to TDS unless Form 15G/H is submitted. Additional amount of deposits will be accepted in multiples of Rs 1000.

Eligibility:

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

Financial performance of the company:

Liabilities	As at 31-03-2011 (Rs.in crores)	As at 31-03-2010 (Rs.in crores)	Assets	As at 31-03-2011 (Rs.in crores)	As at 31-03-2010 (Rs.in crores)
Share Capital	13.92	12.82	Fixed Assets (Net)	292.74	252.52
Convertible equity shares warrants & Fully convertible debentures	21.42	3.66	Current Assets and Loans Advances	353.92	270.2
Reserves and Surplus	406.49	346.35	Investments	41.48	33.1
Secured Loan	79.28	44.51
Unsecured Loan	108.26	98.94
Deferred Tax Liability	6.41	3.83
Current Liabilities	52.36	45.71
Total	688.14	555.82	Total	688.14	555.82

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Posted By Blogger to MyFamilyInvestment at 5/26/2012 10:06:00 AM