Honeywell Electrical Devices and Systems India limited is a part of Honeywell International, (www.honeywell.com) a Fortune 100 global diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes, and industry; automotive products; turbochargers; and specialty materials.
The company has been in India for over two decades now, and MK is the leading player in the wiring devices and accessories market. MK has been delivering electrical connectivity and safety since 1919 and is the world’s foremost manufacturer of electrical and data connectivity products and solutions. A pioneer in the field with several innovations to its credit, MK has established a reputation for the highest standards in quality, safety, and reliability.
MK offers complete solutions for Domestic, Industrial and Commercial Buildings with a large basket of products including, Wiring Devices, Cable Management, Lighting Management, Lighting, and Home Lighting Controls.
Over the years of Leadership presence, products from MK have been selected, installed, and used by thousands of professional architects, builders, contractors, interior designers, electrical consultants, and Home Owners. Throughout this period MK has continued to innovate, pioneering several new concepts and setting higher benchmarks.
MK has a national presence with a sales footprint in more than 50 cities. With more than 2500 dealers MK products are available throughout the country.
MK’s factory in India is located in Chennai and Dehradun. Both are world-class infrastructures used as manufacture and supply hubs for Indian and global markets. With proven capabilities in plastics, both these factories have established themselves as centers of excellence in Thermo-plastic injection molding.
|Total Available Shares:||Not Available|
|Face Value:||₹ 10 Per Equity Share|
|Lot Size:||10 Shares|
|Retail Discount:||Bulk Deal (1%)|
|Particulars( in Lakhs)||2021||2020||2019|
|Cost of Materials Consumed||2,237||2,656||3,824|
|Purchases of Stock-in-Trade||2,443||2,595||2,905|
|Changes in Inventory||237||-47||10|
|Employees Benefit Expenses||2,203||1,950||4,718|
|Profit Before Tax||-970||649||-2,711|
Please find below the procedure for buying Honeywell Electrical Devices and Systems India Unlisted Shares at UnlistedZone.
Please find below the procedure for selling Honeywell Electrical Devices and Systems India Unlisted Shares at UnlistedZone.
Lock-in period of Honeywell Electrical Devices and Systems India Unlisted Shares depends upon category of investors.
DIS - Delivery Instruction Slip is the way through which an investor can sell or transfer the Honeywell Electrical Devices and Systems India Unlisted Shares from his/her demat account to any other demat account. There are two Types of DIS Slip.
In the last 4-5 years, the unlisted share market has become quite big and as a result of that, the ticket size has reduced from usual 5-10 Lac to 35-50k in today's scenario. So, via our UnlistedZone platform, if somebody wants to buy Honeywell Electrical Devices and Systems India Unlisted Shares then minimum investment would be 35-50k.
Yes, buying and selling of unlisted shares in India is 100% legal.
If you sell your shares within 2 years, then you will have to pay Short-term Capital gain on unlisted shares. Short-Term Capital Gain is added in your Income. So, as per individual tax slab you need to pay capital gain tax.
If you sell your shares after 2 years, then you will have to pay Long-term Capital gain on unlisted shares LTCG is 20% with indexation benefits.
After listing of shares, the unlisted shares which you have bought through unlisted market, will be taxed at listed rates, if sold through exchange. So, taxes of listed market will be applicable. And, to calculate holding time, for determining LTCG or STCG, the purchase date of unlisted shares will be applicable.
If you buy Honeywell Electrical Devices and Systems India Unlisted Shares from UnlistedZone then these shares can checked in two ways. However, before we tell you the process of checking of shares, it is intimated that as per SEBI regulations, the shares can be transferred in demat account only.
Check credit of Honeywell Electrical Devices and Systems India Unlisted Shares Instantly?
The Honeywell Electrical Devices and Systems India Unlisted Shares are credited in demat account same day of transferring funds in our company's bank account.
The price of Honeywell Electrical Devices and Systems India Unlisted Shares can be checked in two ways. First, you can join our telegram channel where on daily basis we share the latest prices of all the unlisted shares in the morning and secondly, you can register on UnlistedZone.live platform to see the historical graphs and prices of all the shares at one place.
If you see the thesis of investment in the unlisted shares then it is being done mainly to take the advantage of IPO market. And, if the IPO plans of company get delayed due to market conditions or any other reason then demand suddenly drops in the market. The unlisted market works mainly on demand and supply and if there is no IPO news then getting exit would be difficult.
"UnlistedZone is India's fastest and leading marketplace to buy and sell unlisted shares. In the last 3 years, we have already served more than 1 million users on the platform. The total transactions value done from the platform is already more than 100 Crores. The name of our Co-founders Mr. Umesh Paliwal and Dinesh Gupta publish regularly in leading newspapers like MoneyControl, Business-Standard, ET etc for their views on IPO and Unlisted market. In the last 3 years, UnlistedZone has made a good name for itself in the industry and gained a trust of their users. So, the new investors should not be worried about any kind of fraud that is mostly happens with unkown brokers in the market while doing investment with UnlistedZone."
We at UnlistedZone do the valuation based on 2 methods.
As an investor in the unlisted space, we would always recommend that you must check all the risk parameter carefully before investing in the unlisted space.
We source shares either from the employees or initial investors looking to liquidate their Honeywell Electrical Devices and Systems India Unlisted Shares.
Pre-IPO shares means which are planning for an IPO in near future. So, all the shares which are traded on the platform are not Pre-IPO Shares. However, if the company's business is going good and then demand will always be there in the unlisted space, so even if the IPO does not come, the investors can easily liquidate their Honeywell Electrical Devices and Systems India Unlisted Shares in the unlisted market itself.
Rules and regulations of SEBI are applicable in the Unlisted space like lock-in period of 6 months, paying of Stamp Duty, and DP Charges for every transaction etc. However, to become an unlisted broker there is no such regulation by SEBI as of yet.
For tracking news and other information about Honeywell Electrical Devices and Systems India Unlisted Shares, one can visit our website wherein we post news and other information on daily basis and one can also join our telegram channel.