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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
Otis Elevator Company (India) Limited –
Overview
Otis Elevator Company (India) Limited is the Indian subsidiary of Otis Worldwide Corporation, a global leader in elevators, escalators, and vertical mobility solutions. The company has a long-standing presence in India and is one of the dominant players in the elevator and escalator market.
Business Focus
- Manufacturing, installation, modernization, and maintenance of elevators and escalators.
- Serves residential, commercial, industrial, and infrastructure projects including metros and airports.
- Offers advanced technology solutions such as Gen2 elevators, smart elevators, and energy-efficient systems.
Manufacturing & Operations
- Operates a modern manufacturing facility in Bengaluru.
- Has a strong service network across major Indian cities with trained technicians.
- Focuses on safety, reliability, and innovative mobility solutions.
Recent Developments & Initiatives
- Increasing adoption of digitally connected elevators with remote monitoring capabilities.
- Modernization projects for older installations across housing societies and commercial buildings.
- Emphasis on energy efficiency and eco-friendly operations.
- Participation in major infrastructure projects, including metro rail systems.
Financial Notes (General Industry Context)
- Operates in a competitive market with players like KONE, Schindler, and Mitsubishi.
- Demand driven by real estate growth, urbanization, and infrastructure expansion.
Board Members
| Name | Designation |
| Mr. Sebi Joseph | Managing Director & Chairman |
| Mr. Suma Puthan Naduvakkat | Whole-time Director |
| Ms. Bharat Kumar Nayak | Whole-time Director & CFO |
Consolidated Results
Financial Highlights
(Except where mentioned, all figures are in INR in Crores)
| Particulars | 2021 | 2022 | 2023 | 2024 |
| Operating Revenue | 1710 | 1947 | 2435 | 2771 |
| EBITDA | 194 | 189 | 202 | 255 |
| EBIT | 165 | 160 | 175 | 228 |
| PBT | 221 | 198 | 212 | 286 |
| PAT | 163 | 146 | 154 | 210 |
| EPS (INR) | 138.02 | 123.62 | 130.4 | 177.82 |
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].
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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.
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 12.5% without indexation benefits.
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]