Learn about Signify Innovations Unlisted Shares

Signify Innovations, formerly known as Philips Lighting India, focuses on producing electric lights and light fixtures for consumers, professionals, and the Internet of Things (IoT). As a subsidiary of a Dutch multinational company established in 2016 after the spin-off of Philips' lighting division, Signify Innovations India offers an extensive array of lighting products, systems, and services for homes, businesses, and public spaces. Their product lineup includes LED bulbs, tubes, fixtures, luminaires, intelligent lighting systems, and various electrical products, along with services such as lighting design, installation, and maintenance

Signify leads the development of connected lighting systems and services, leveraging IoT to transform buildings, urban areas, and homes. This transformation enhances energy efficiency and promotes more environmentally friendly working environments. The company operates a manufacturing plant in Vadodara, Gujarat, and has illuminated notable landmarks like the Arch Bridge in Bhopal, the Kusum Sarovar Complex in Agra, and the Arun Jaitley Cricket Stadium in New Delhi.

For those interested in investment opportunities, Signify Innovations unlisted shares present a potential avenue, reflecting the company's commitment to sustainability and innovation in smart lighting solutions. Highlighting their impact on urban infrastructure and energy management can further underscore the value of these unlisted shares.

When is Signify Innovations IPO Coming?

Signify Innovations isn't planning for an IPO currently. 

What is Signify Innovations Share Price?

Signify Innovations share price as of 18 July 2024 is ₹ 1,445/share. To learn about the current share price of Signify innovations, please connect with Planify @ 7065560002. 

Signify Innovations Business Model

Signify Innovations derives its revenue from several key sources:

1. **Sales of Lighting Products and Systems**: This encompasses the sale of a wide variety of lighting solutions, including LED lamps, luminaires, lighting control systems, and other related products. These offerings cater to a diverse range of industries, providing tailored lighting solutions to meet the specific needs of various sectors.

2. **Provision of Lighting Services**: Signify Innovations offers comprehensive lighting services, which include design, installation, and maintenance. These services ensure that customers receive expert guidance and support throughout the entire lifecycle of their lighting systems, from initial concept and setup to ongoing upkeep.

3. **Licensing of Intellectual Property**: The company licenses its intellectual property, such as patents and trademarks, to other businesses. This strategy not only generates revenue but also extends the reach and influence of Signify Innovations' technological advancements and brand reputation in the market.

In addition to these primary revenue streams, Signify Innovations is actively involved in leveraging its expertise in connected lighting and IoT solutions to create new business opportunities. The company’s innovative approach to smart lighting systems positions it as a leader in the industry, driving the adoption of energy-efficient and environmentally friendly lighting technologies across various applications. For investors, particularly those interested in Signify unlisted shares, this diversified revenue model highlights the company's robust and multifaceted approach to generating income and sustaining growth.