Many more
Join
The Premier Destination for News and Insights on Unlisted Shares, Emerging Startups, Luxury Assets, and Real Estate.
Disclaimer :
Trade Unlisted (TU) is not a stock exchange, trading platform, or online marketplace for buying or selling unlisted shares, luxury assets, or real estate. We are not regulated by SEBI, IRDAI, RERA, or any other regulatory authority.
Our primary focus is to provide informational insights on unlisted companies, startups, luxury assets, and real estate. We do not offer investment advice, guarantees, or warranties regarding any asset class. Investing in unlisted equities and alternative assets involves significant risk and is suitable only for accredited high-net-worth individuals (HNIs) with a long-term investment outlook. Investors may face capital loss and should conduct their own due diligence and consult financial advisors before making any decisions.
The content on this website is for general informational purposes only and should not be construed as personalized investment advice or a recommendation to buy or sell any assets. Market trends and data interpretations are illustrative and do not guarantee future performance.
TU is neither a stock exchange nor does it intend to be recognized as one under the Securities Contracts (Regulation) Act, 1956. We are not authorized to solicit investments, and the securities or asset classes discussed are not traded on regulated exchanges.
While we strive for accuracy and timeliness, we do not guarantee the completeness or reliability of the information provided. Any reliance on this information is at the user’s own risk, and TU disclaims any liability for decisions made based on the content of this website.
Otis Elevator (India) Limited unlisted shares
Otis Elevator (India) Limited unlisted shares
Manufacturing and Industrial
*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.
Overview
| 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.
| Location
Headquartered in Mumbai, the Company has its manufacturing facility in Bengaluru along with regional offices in Kolkata and Delhi.
| About the Company
- Otis Elevator Company (India) Limited (OTIS) manufactures, erects, installs, modernizes and maintains Elevators, Escalators, and moving walkways primarily in India.
- OTIS moves 2 billion people a day and maintains more than 2 million customer units worldwide, the industry’s largest portfolio. They can be found in many of the world’s most recognizable buildings as well as the busiest transportation hubs and retail centers.
- It is ~68,000 people strong, including 41,000 field professionals, all committed to meeting the diverse needs of their customers.
- India remains to be the 2nd Largest Elevator-escalator Market in the world after China, expected to grow at a healthy rate of 5-6% for the next 5 years.
- OTIS continues to be the largest Company in terms of Service Portfolio and Revenue, in India. Today, the Company has a network of 97 Service Centers spread across India, serving more than 300 Cities and Towns.
- The Company offers Products and Services in more than 300 Countries and Territories worldwide.
- Based in Farmington, Connecticut, USA, OTIS is the World's Largest Manufacturer of Vertical Transportation Systems. The Company pioneered the development of the "safety elevator", invented by Elisha Otis in 1852, which used a special mechanism to lock the elevator car in place should the hoisting ropes fail.
- The Otis Elevator Company was acquired by United Technologies in 1976, but it was spun off as an independent company 44 years later in April 2020 as ‘Otis Worldwide Corporation’.
- OTIS has paid an interim dividend of 1500%, being INR 150 per equity share of INR 10 each for the financial year 2020-21.
Board Members
| Name | Designation |
| Mr. Sebi Joseph | Managing Director & Chairman |
| Mr. PS Dasgupta | Independent Director |
| Ms. Suma PN | Director |
Consolidated Results
Financial Highlights
(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 |
| Total Income | 1,771.69 | 1,827.50 |
| Finance Cost | 3.98 | 7.85 |
| Depreciation | 28.80 | 28.55 |
| Profit Before Tax | 221.34 | 286.56 |
| Profit After Tax | 163.75 | 182.38 |
| EPS | 138.67 | 154.45 |
| Property, Plant & Equipment | 59.20 | 52.78 |
| Current Assets | 1,196.21 | 1,153.81 |
| Trade Receivables | 400.96 | 367.27 |
| Cash & Cash Equivalent | 506.29 | 471.66 |
| Bank Balance | 7.42 | 5.81 |
| Total Assets | 1,447.62 | 1,460.48 |
| Current Liabilities | 1,070.23 | 1,030.45 |
| Equity Share Capital | 11.81 | 11.81 |
| Other Equity | 235.96 | 250.06 |
| Total Equity | 247.77 | 261.87 |
| Operating Cash Flow | 217.49 | 125.20 |
Reports
Company Details
| Particulars | Details |
|---|---|
| Face Value | ₹ 10 |
| ISIN | INE099A01014 |
News
FAQs
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.
In case you have any queries, you may call us on +91 8958 212121 or write to us at [email protected]
All unlisted shares can be transferred only to Demat accounts. Unlisted shares can be checked in two ways:
1. Option 1
- Download the NSDL or CDSL mobile application from the Google Play or App Store.
- Enter your DP ID + Client ID (total of 16 characters)
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 case you have any queries, you may call us on +91 8958 212121 or write to us at [email protected].
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.
For e.g.1234567800001234
In case you have any queries, you may call us on +91 8958 212121 or write to us at [email protected].
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.
In case you have any queries, you may call us on +91 8958 212121 or write to us at [email protected].
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.
To track news and other information of Otis unlisted shares, you can join our Telegram Channel or Facebook Community to stay updated on all news of the unlisted space.
You can track prices and access historical graphs of Unlisted Shares on both our website and mobile application.
Download our mobile App from the Google Play or App Store.
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.
The following is the process of sourcing Otis unlisted shares from the TradeUnlisted platform:
- Click on the ‘Invest now’ button on the Otis page. The Otis unlisted stocks will be added to your cart.
- In the cart section, you will be required to enter the quantity of Otis unlisted shares you want to purchase.
- Next step is to select the payment method you wish to use. We accept payments via debit card, net banking and UPI.
- Payment must be made from the same account to which shares are to be transferred. Third party transactions are strictly prohibited on the platform.
- The TradeUnlisted team will contact you and set up the whole process smoothly.
- The shares will then be credited in the demat account mentioned in the CML copy within the timeline mentioned in the Deal Contract Letter.
In case you want to source Otis unlisted shares offline, you may call us on +91 8958 212121 or write to us at [email protected].
If you liquidate 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. Liquidating 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.
In case you have any queries, you may call us on +91 8958 212121 or write to us at [email protected]
The following is the process to liquidate Otis unlisted shares on TradeUnlisted platform:
- Fill up the form on https://tradeunlisted.com/Liquidate-Investments by choosing the Unlisted Stocks you wish to liquidate and enter the quantity of the shares along with an expected pricing for the shares.
- The TradeUnlisted team will contact you to confirm the deal.
- Once we confirm our sourcing price of the shares, we will share a copy of our Client Master List (CML).
- You will then be required to transfer the shares to our demat account.
- Once the shares are reflected in our demat account, we will transfer the funds to your bank account within the stipulated time and the same will be intimated to you.
- Payment will be made via RTGS, NEFT, IMPS, cheque or UPI. Payment will be made to the same account which is linked to your demat account.
In case you have any queries, you may call us on +91 8958 212121 or write to us at [email protected].