Site icon Jagoinvestor

Samruddha Jeevan Foods (I) LTD investment plan review

I’ve come across this company and they have big different investment plans similar to E-GOLD but in agriculture industry. This company is registered company and I verified that.

We need to buy Buffalo’s and Goats with a contract ranging from 1yr to 6yrs and on maturity either you take buffalos or goats or sell them to the company. If you opt to take money by selleing them, then there is finite value specified in the agreement which you will get. Based on the plans given in their website, returns are ranging from 10.5% till 15%. Returns are not too exaggerated. Also they claim that they have CRISIL rating of SE-1B (they are showing certificate as well). 

Can anyone through some views on it? Has anyone come across such company? Can anyone smell anything wrong in this? Company doesn’t look like fraud to me.

Jagoforum expert reviews will be greatly appreciated.

Thanks

Jpreddy

Exit mobile version