Jaiprakash Associates Ltd - DOC
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Jaiprakash Associates Limited Fixed Deposit
Company Background
In 2004 Jaiprakash Industries Ltd was amalgamated with its wholly owned subsidiary, Jaypee Cement Ltd. and the
name of Jaypee Cement Ltd. was changed to Jaiprakash Associates Ltd (JAL) after amalgamation. JAL is the
engineering and construction arm of the Jaypee group focused on development of river valley and hydro electric
projects and a leader in construction of river valley and hydropower projects on turnkey basis for more than four
decades.
Performance
Profits and Dividends (Rs. In Lacs)
Year Ended Profit before Tax Profit After Tax Dividend (%)
31.03.2009 125098 89701 50
31.03.2010 238167 170836 54
31.03.2011 175451 116778 40*
*Interim dividend of 20% (already paid) and 20% Final Dividend (Proposed)
Features
Minimum & Maximum Amount
Minimum Amount is Rs.20000 for Scheme A (non-cumulative deposits) & Scheme B (Cumulative deposits)
for all durations.
Additional amounts in multiples of Rs.1000/-
Maximum amount per investor for six months duration is Rs.10 lacs
Who can Apply
a) Resident Individuals b) Trusts
c) HUFs d) Minor through Guardian
Rates
Non-Cumulative Deposits
Scheme A – Quarterly Income Plan Cumulative Deposits – Scheme B
Period Rate of Interest (% p.a.) Yield (% p.a.) Period Yield (% p.a.)
1 year 11.75 11.86 6 months 11.50
2 years 12.25 12.37 1 year 12.40
3 years 12.50 12.63 2 years 13.80
Interest on quarterly income plan is compounded 3 years 15.07
monthly and paid quarterly.
Cheque/draft in favour of “Jaiprakash Associates Limited A/C Fixed Deposit” and crossed ‘Account Payee Only’
Documents required for KYC – Self attested copy of PAN card
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