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Jul 18, 2011

Neesa Leisure Ltd Fixed Deposit July - September 2011



Neesa Leisure Ltd is a public limited company based in Gandhinagar, Gujarat that is on its way to becoming an Indian hospitality major in the near future. Its flagship brand ‘Cambay’ was established in 2005. During the initial stages of development the company has acquired properties in various cities i.e. Ahmedabad, Gandhinagar, Jodhpur, Jaipur, Udaipur, Gurgaon, Kollam, Goa and Neemrana for structuring hospitality masterpieces.
Cambay offers innovative and integrated hospitality solutions. From corporate hospitality to holiday management, it ensures best of services in absolute luxury. It is into hotels, resorts, spas, clubs, golf, time-share and hospitality education.
Cambay properties are all ornamented with contemporary features like golf and spas, which give them a competitive edge. While golf distinctly attracts the corporate world, spas are a natural extension of modern lifestyle. The latest of all ventures is the hospitality education institute that will certainly meet the requirement of hospitality maestros, for the group and also the whole hospitality industry.

 Corporate Highlights
  • Conceives, builds, owns, markets and manages own properties under the brand name "CAMBAY" and also operates other properties under management contract
  • Strong team of professionals backed by years of diverse industry experience, capable in setting up and managing operation
  • Net worth exceeds Rs. 2200 million.
  • Properties located across India - Ahmedabad, Gandhinagar, Goa, Jaipur, Kollam, Neemrana, Udaipur, Bengaluru.
  • Every Property provides state-of-the-art facilities within a wide range of offering Spa, Golfing, Entertainment Zone, Multi Cuisine Restaurants, Banqueting, Travel & Tours and Timeshare.
  • NLL - An innovative and integrated hospitality solutions company also offers graduate and post graduate courses in hospitlity under its education division.
  • Profit after tax For FY 2009-10 is Rs. 17.24Cr. and for FY 2008-09 is Rs 7.20
 Scheme Highlights
1. The minimum amount of Deposit Rs. 25,000/- and thereafter in multiple of Rs. 1000/- for both the schemes.2. a) Interest will be payable on Quarterly basis and on maturity, on deposit of six months or more    for Scheme - A. (non commulative)
    b) Interest shall be compounded quarterly and paid on maturity for Scheme - B (cumulative)
3. There is no Deduction of Tax at Source on interest amount upto Rs. 5000/- per annum.
4. 0.50% p.a. additional interest for Senior citizen, Employees and investments amounting to or above Rs. 5 lakhs.

Scheme-A Non-Cumulative
Period
Rate of interest
Per annum
Six Months
11.00%
One Year
11.25%
Two Years
11.75%
Three Years
12.00%


Scheme-B Cumulative
Period



Amount of
Amount payble
Effective yield
deposit
on maturity
per annum
Six Months
25000
26394
11.46%
One Year
25000
27933
11.73%
Two Years
25000
31516
13.03%
Three Years
25000
35644
14.19%

Eligible Investors :- Individuals, Minors (through Natural Guardians), HUF’s Association of Persons, Societies, Domestic Companies and Trusts.

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