*The above chart is presented for indicative purposes only and may not be accurate. The figures represented above are taken on an average basis, and may or may not match with the prevailing situation. Users are requested to not completely rely on the above chart and to consult an independent financial adviser and to take their investment decisions.
| Industry Sector
Otis Elevator Company (India) Limited is the World’s Leading Company for Lift and Escalator Manufacturing, Installation and Service.
| Incorporated On
The Company was founded in 1953 and has a unique 160-year history.
Headquartered in Mumbai, the Company has its manufacturing facility in Bengaluru along with regional offices in Kolkata and Delhi.
| About the Company
|Mr. Sebi Joseph||Managing Director & Chairman|
|Mr. PS Dasgupta||Independent Director|
|Ms. Suma PN||Director|
(Except where mentioned, all figures are in INR in Crores)
|Particulars||FY 2020-21 (INR)||FY 2019-20 (INR)|
|Revenue from Operations||1,710.09||1,767.26|
|Profit Before Tax||221.34||286.56|
|Profit After Tax||163.75||182.38|
|Property, Plant & Equipment||59.20||52.78|
|Cash & Cash Equivalent||506.29||471.66|
|Equity Share Capital||11.81||11.81|
|Operating Cash Flow||217.49||125.20|
|Face Value||₹ 10|
The following is the process of buying Otis unlisted shares from the TradeUnlisted platform:
The following is the process to sell Otis unlisted shares on TradeUnlisted platform:
There is no restriction on transfer of unlisted shares until the IPO cut-off date which is generally a week before listing. However, after listing SEBI norms are applicable to these shares. As per SEBI regulations, all unlisted shares go in a lock-in period of 6 months from the date of listing of shares.
If you sell the Otis unlisted shares within 2 years of its acquisition, then you will be required to pay tax on the short-term capital gain (STCG) as per the individual tax slab rate. Selling the shares after 2 years will attract a long-term capital gain (LTCG) which will be taxed at the rate of 20% with indexation benefit or 10% without indexation benefit.
Investors should consult with an independent third-party taxation advisor prior to making investment decisions.
All unlisted shares can be transferred only to Demat accounts. Unlisted shares can be checked in two ways:
1. Option 1
2. Option 2
You may also check the credit of your shares, by logging in to your Demat account and checking under DP Holdings in your respective DP.
In the case of CDSL, the first 8 digits of your Demat Account Number are depository participant ID and the last 8 digits are your customer ID with the depository participant. The same goes for NSDL where ‘IN’, the 6 digits are depository participant ID and the rest of the numbers reflect your customer ID with a depository participant.
National Securities Depository Limited (NSDL): The Demat account number of NSDL starts with alphabets ‘IN’ followed by 14 numeric digits.
For e.g. IN30000012345678.
Central Depository Service Limited (CDSL) : The entire DEMAT account number of CDSL is numeric.
The Otis unlisted shares are credited in your Demat account within a maximum of two (working) days after the funds are received in our bank account. However, please note that at times there may be a slight delay in the credit of shares due to certain reasons like Bank Holidays.
Investments on TradeUnlisted start from as low as INR 5,000. Please call us on +91 8958 212121 to find the company specific details pertaining to the lot size and minimum investment amount.
The financials are available in the Research Report, DRHP, and Annual Reports of Otis Unlisted Shares, which may be found under the Reports section of the company's specific page. You can download all the reports after logging in.