Shubhalakshmi Polyesters Ltd.Logo Design Contest

Thank you all for your terrific creativity. I have further ranked the designs, which should give an idea about what we are looking for. Please feel free to use any color you like. You could use deep and bold colors to make it look more vibrant and attractive. Also would prefer some kind of rendition using "S" or "SP".

We would like the logo to be following:

1) Vibrant
2) Modern
3) Attractive - can carry deep colors
4) Usage of "S" preferred.

Thanks