Philips Domestic Appliances Unlisted Share

Overview

On July 17, 2020, Philips Domestic Appliances India Limited was established as a fully owned subsidiary of Philips India Limited. The company has taken over Philips India Limited's domestic appliance division. The Philips India Ltd. domestic appliances division produced net revenues of 706 crores, net earnings of 11 crores, and cash from operations of 134 crores during FY 2020–21. The company offers a diverse range of products, including coffee makers, home care items, and kitchen appliances. One of the largest manufacturers of consumer electronics in the world, Royal Philips of the Netherlands, is one of its strong parents.

Philips Domestic Appliances India Limited's Unlisted Share Price are updated on our website on a daily basis, to stay updated with the share price you can visit our website every two days or register with us to get daily updates on WhatsApp.

Philips Domestic Appliances FAQ's

Yes trading in unlisted shares is undoubtedly legal in India. The trading takes place in the over-the-counter market through various platforms like www.pmsnstocks.com.

No, SEBI does not regulate the unlisted share market but certain rules and regulations of SEBI are applicable in the unlisted market space as well, such as, the DP charges for each transaction, stamp duty, lock-in period and more.

Over the years the minimum ticket size for investment has dropped as more and more people have started investing in the Unlisted market. Currently, the minimum ticket size for Philips Domestic Appliances is between 30K to 50K.

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