Signify Innovations India Limited (formerly known as Philips Lighting India Limited) is a global leader in the field of lighting for consumers, professionals, and for the Internet of Things. Philips has been revolutionizing lighting for over 125 years.
Signify will continue to use the Philips brand for its products, the most trusted lighting brand in the world, under the existing licensing agreement with Royal Philips. The energy-efficient lighting products, systems, and services provide the company customers with excellent lighting quality, making people's lives safer and more comfortable, companies are more productive and cities more liveable.
A popular program that runs on traditional connection protocols such as Wi-Fi and Bluetooth with the increase in urbanization and the focus on residential lighting solutions, the company has added 70 new hubs to its retail network.
The Company consists of more than 100 different products in the product portfolio of non-connected categories: outdoor lighting, chandeliers, bathrooms, etc. At present, this category provides a variety of decorative lights for a person to choose from in the mid-to-high-end market. Signify innovation India Limited shares are unlisted. Signify share price is unstable and fluctuates regularly. Signify share price in India changes daily.
The company is also firmly committed to the government's "Made in India" program, which creates livelihoods and economic value here and continues to innovate to meet market needs. Vadodara's manufacturing department currently exports conventional lamps and LED lamps to 29 countries around the world and is also one of the most competitive conventional lamp factories in the world for Signify Group.
The company designed and developed most new products for India and in India at its R&D laboratory in Noida from 2019 to 2020, including Philips T-Beamer, Philips T-Bulb Curvey, etc.
Here are some of the Global brands of the company:
Philips- The global brand in professional and consumer lighting.
The Philips brand stands for light quality and energy efficiency. Philips products have been at the forefront of innovation for more than 125 years. Philips is now recognized as a leading lighting brand. The Philips product portfolio includes many innovative sub-brands, such as Philips Hue for smart homes.
Philips Hue- The global brand for personal smart home lighting.
Philips Hue is the simplest, most inspiring, and versatile smart home lighting system. The lights it creates make life easier, safer, and more comfortable. Lights that enhance the atmosphere and experience, provide more comfortable, personalized, and enlightening lighting for your home.
Interact- The Internet of Things platform and connected lighting systems.
Interact is the most secure and scalable IoT platform that collects and exchanges data between interconnected lights, sensors and devices embedded in the interconnected Interact lighting system. With Interact, you can take advantage of the latest technology, big data processing, analytics, and machine learning.
Color Kinetics- The global brand in dynamic architectural lighting systems.
The Company unleashes creativity to explore the unique power of light. Its innovative lighting solutions can create unforgettable experiences, create beauty, attract crowds, create brands, and deliver results. Through innovation, companies have released the extraordinary potential of light to inspire a brighter life and create a better world.
Here is a screenshot of FY 2019-20
70% LED-based sales of total sales
100 Interact Landmark installations in 51 cities
750,000 remotely managed light points via professional services
64+ million Connected light points
100% carbon neutral Global operations
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Signify Innovations Outstanding Shares: |
57,517,242 |
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Face Value of Signify Innovations Unlisted Share: |
Rs. 10 Per Equity Share |
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ISIN of Signify Innovations Unlisted Share: |
INE045U01015 |
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Lot Size of Signify Innovations Unlisted Share: |
20 Shares |
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Signify Share Price: |
Best in Industry |
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PAN Number of Signify Innovations: |
AAICP0987G |
Signify Innovations CIN Number |
U74900WB2015PLC206100 |
Signify Innovations Registration Date |
22-Apr-15 |
Category / Sub-Category of Signify Innovations |
Public Company Limited by Shares |
Signify Innovations Registered Office Address |
Mangalam Business Center, Block B, 6th Floor, 22, Camac Street, Kolkata - 700016 |
Signify Innovations Registrar & Transfer Agent Address and Contact Details |
K Fin Technologies Limited Karvy Selenium Tower No. B, Plot No.31-32, Gachibowli, Financial District, Nanakramguda Serlingampally, Hyderabad - 500032 |
Mr. Mahesh Srinivasan Iyer, Chairman & Non-Executive Director
Mr. Sumit Padmakar Joshi, Vice- Chairman, Managing Director & CEO
Mr. Vikas Malhotra, Whole-Time Director
Ms. Sangeeta Pendurkar, Independent & Non-Executive Directors
Mr. Vinayak K. Deshpande, Independent & Non-Executive Directors
Mr. Nitin Mittal, Head of Legal & Company Secretary
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Name and Description of main products/services |
NIC Code of the Product/ service |
% to the total turnover of the company |
|
Lighting |
2740 |
100% |
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S. No. |
Name of the Company |
Holding/ Subsidiary/ Associate/ Joint Venture |
% of Shares held |
|
1. |
Signify Holding B.V. High Tech Campus 45, 5656 AE Eindhoven, the Netherlands |
Holding |
96.13 |
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S. No. |
Shareholders’ Name |
No. of Shares |
% of total Shares of the company |
|
1. |
Promoter Group |
5,52,90,242 |
96.13% |
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2. |
Public Shareholding |
22,27,000 |
3.87% |
|
|
Total |
5,75,17,242 |
100.00% |
Despite the fierce competition from companies such as Havells India Limited and Bajaj Electricals Limited. Maintaining a clear market-leading position in the fields of home and commercial lighting and professional lighting services. Among organizational participants in all fields, Signify Innovations India Limited has the highest market share. It has been able to capitalize on the growth in the professional field and the light-emitting diode (LED) field, which accounted for 36% and 46% of total sales in 2019 after accounting for 35% and 40% respectively in 2017.
Due to the continued decline in the traditional lighting segment and the reduction in government orders affecting the professional segment, the lighting industry in India has slowed down in 2019. The future of the entire market is not expected to grow significantly. The company has maintained its market share and is likely to maintain its leading position in the lighting industry.
The company is keen to expand its business in the Smart Hub. Signify Innovations, which had 140 Smart Hubs last year, plans to increase its number to 300 this year. About 260 smart Hubs have been established in 80 cities. Smart Hubs basically provide people with various propositions to light up their houses, restaurants, and places. The company is also working hard to create more product innovations and bring more brands to the market in the future.
A1. No, It is an unlisted share company. Signify share prices are unreliable and change on a daily basis
A2. No, It is not listed
A3. No Philips India and Signify Innovations are different Companies.
