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Symphony Ltd. Company History and Annual Growth Details

The company , incorporated on 5th February 1988 as Sanskrut Comfort Systems Ltd. (SCS), is a profit making company engaged in manufacture of consumer durables under the brand name `Symphony'. The company commenced its operations in February 1988 with the manufacture of air-coolers. SCS's coolers have plastic bodies unlike conventional metallic air coolers manufactured by the unorganised setcor, are UV stabilised and are equipped with two air blowers and Himalayan cooling pads which combine cooling effects with elegant looks.

SCS has been promoted by Achal Anil Bakeri.

The company has facilities for manufacturing 108,000 numbers per annum (npa) of air coolers, 60,000 npa of ventilation fans, 21,600 npa of room heaters and 24,000 npa of domestic flour mills (all on single shift basis).

2001 - The Company has launched Choota Sumo", a smaller version of its Sumo brand air coller.

2004

-Symphony, one of the leading air cooler manufacturer, has introduced a new mode of air cooler Jumbo Cool in the market

2009

- Symphony Comfort Systems Ltd has informed that Mr. Himanshu H Singh has been appointed as a Director (Independent) on the Board of the Directors of the Company w.e.f. April 30, 2009.

2010

-Launch of industrial air cooling solutions in India

-Introduced our first summer campaign.

-Company has changed its name from Symphony Comfort Systems Ltd. to Symphony Ltd.

2011

-Strengthened our network and TV campaigns to promote the "first summer" concept.

-Launched a TV campaign for the South American / Mexico market-- a first by any evaporative cooler company in the region.

-Company has splits its Face value of Shares from Rs 10 to Rs 2

2012

-Introduced Storm - world's largest tower cooler with advanced electronics.

-Symphony received coveted recognition of Star Export House from Govt. of India.

-Symphony wins Award for Excellence in Financial Reporting by The Institute of Chartered Accountants of India for its Annual Report of FY 2009-2010.

-Recently, the Ministry of Science and Technology, Government of India accorded the certificate of recognition to Symphony's in-house R&D centre.
-Symphony Ltd has splits its face value from Rs 10/- to 2/-


2013

-Symphony - Proposed Launch of "Window Range" Models of Air Coolers
-Symphony has won India Design Mark for 2013 best design of its Diet 22i air cooler.
-Company launched Winter-I Model
-Symphony - ICAI Award for Excellence in Financial Reporting

2014

-Symphony has won most prestigious Quality Mark Award for year 2014.

-Symphony ''World largest air cooler company has bagged prestigious ‘Best Presented Annual Report Award for Manufacturing Sector'' for its annual report of 2012 by South Asian Federation of Accountants (SAFA).
-"Symphony eyes to tap logistics and warehouse industry".

2015
-New launch and local manufacture of Packaged Air Coolers
-The Company Launch of special models for online retail, TV shopping and B2B segments
-The Company has been awarded as the 'Best Innovative Company' in NavGujarat Business Award
-Gujarat High Court restrains Cello from launching Symphony lookalike air coolers in the market
-Symphony Ltd wins Award for "Best SME-Overall" and "Best SME-Manufacturing"

2016
-Symphony acquires entire stake in Munters Keruilai Air Treatment.
-Symphony have launched two new path breaking innovative models of Air Coolers with advanced technology and distinctive features to cater various segments of Customers all over the Country as well as overseas markets.
-"Symphony Ltd launches World's first air cooler range with multi-stage air purification system".
-"Symphony Ltd launches mobile commercial air cooler range - 'MobiCool'".

2017
-Symphony Limited as declared Interim Dividend of Re. 1 per equity share.

2018

-Symphony completes acquisition in Australia's Climate Tech.

-Symphony recognized as india's most trusted Air cooler Brand By the brand trust report.

2019

-Company CEO MR Achal Bakeri, recognized as the CEO of the year in the emerging business category at CNBC CEO Award.

-Symphony - Incorporation Of A Wholly Owned Subsidiary Company In Brazil.

-Symphony - Launch Of A Unique New Range Of Commercial Air Coolers. A First In The Organised Sector I.

-Symphony - Launch Of New Models Of Air Coolers.

2020

-Symphony Launched a range of accessories for induustrial and commercial air cooler.

-Symphony recognized as the best brand by the gujarat brand leadership award 2020.

2022

-Symphony Completed acquisition of remaining 5% stake in Symphony AU Pty Limited.

-Symphony won the "Best Creativity" award in Consumer Durables and Electronics Category at the E4m Prime Time Awards 2022.

-Symphony won the "Best FMCD & FMCE Campaign" award at the Impact Digital Influencer Awards 2022

2023

-Launch of personal cooling device Duet Mini.

-Launch of air cooler range with BLDC technology.

-Symphony has been conferred with ISO9001:2015 certification affirming its commitment to excellence in quality.

-Symphony has been conferred with ISO27001:2013 certification for its impeccable information security management system.

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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