Friday, May 25, 2012

Surya Roshni Limited Fixed Deposit

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


0 comments:

Post a Comment