opportunity to invest in the Fixed Deposits (FD) scheme of United Spirits – a UB Group Company. The scheme provides attractive rates of 11.00-11.50% for maturities of 12-24 months.
Company Profile:
United Spirits Limited (USL) is the largest spirits company in India and second largest spirit company in the world. Besides Whyte & Mackay and Bouvet Ladubay being 100% subsidiaries of USL, the company has 20 millionaire brands (selling more than a million cases a year) in its portfolio and enjoys a strong 59% market share for its first line brands in India. The Company is known to be an innovator in the industry and has several firsts to its credit like the first pre-mixed gin, the first Tetrapack in the spirits industry in India, first single malt manufactured in Asia and the first diet versions of whisky and vodka in India
USL has a global footprint with exports to over 37 countries. It has a sizeable presence in India with distilleries and sales offices all across the country, and a committed team of over 7500 people dedicated to the fulfillment of the company's mission. It has established manufacturing and bottling plants in every state of India. In addition, to deliver its products to customers located anywhere in India, USL has established a robust distribution network covering the whole country.
Financial Performance:
Financial Year Ended | Profit Before Tax (Rs. Lakh) | Profit After Tax (Rs. Lakh) |
31.03.2010 | 54,367 | 37,602 |
31.03.2009 | 45,916 | 29,666 |
31.03.2008 | 48,497 | 31,128 |
Scheme Details:
Period | Rate of Interest | Minimum Amount (Rs) |
12 Months | 11.00% | 25,000 |
24 Months | 11.50% | 25,000 |
Please note that the company is currently accepting fresh deposits from 12-10-2010 to 15-10-2010 only.
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