Otis Elevator Limited
+2.41 % 1 M
Otis Elevator Limited
+2.41 %As of May 24, 2025, Otis Elevator Limited share price is INR 4,250.00 per share and the face value is INR 10.00 per share. The lot size of Otis Elevator Limited is 0 shares. The 52 week high for Otis Elevator Limited is INR 4,350.00, while the 52 week low is INR 4,150.00
About Otis Elevator Limited
A Comprehensive Overview of Price & Journey
Understanding Otis Elevator Limited Inception and Growth
Overview
Otis Elevator Company (India) Limited was established as part of the global Otis Worldwide Corporation and is a manufacturer and service provider of elevators, escalators, and moving walkways in India. The company offers innovative and reliable solutions for residential, commercial, and industrial buildings. It is headquartered in Mumbai, Maharashtra, and serves customers across the country.
Products & Services
Otis Elevator Company India Ltd provides a wide range of products and services designed for diverse applications:
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Elevators: It includes the Gen2 elevators with safety-coated steel belts for smoother rides and increased durability.
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Escalators and Moving Walkways: They provide Efficient solutions for high-traffic areas.
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Modernization Packages: It provides upgrades in safety, performance, and aesthetics of existing systems.
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Maintenance Services: It also provides Comprehensive repair and proactive maintenance under the "Otis Signature Service™."
Board of Directors
The Board of Directors includes experienced professionals guiding the company’s strategic direction:
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Mr. Sebi Joseph - Managing Director
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Mr. P S Dasgupta – Non-Executive Independent Director
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Ms. Suma P N – Whole time Director
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Mr. Anil Vaish – Non-Executive Independent Director
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Mr. Bharatkumar Nayak – Whole-time Director and CFO
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Mr. Manish Asopa - Non-Executive Director
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Mr. Jyotin Mehta - Non-Executive Independent Director
IPO Details
Otis Elevator Company (India) Limited is not publicly listed. Consequently, there have been no announcements regarding an Initial Public Offering (IPO), and there is currently no publicly available Otis Elevator share price.
Subsidiaries
Otis Elevator Company Limited India operates as part of the global Otis Worldwide Corporation network but does not have significant standalone subsidiaries in India.
About Otis Elevator Limited
IPO Details, Price movement
Performance Highlights 2023-2024
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Revenue from Operations increased from ₹2435 crore in FY2022-23 to ₹2770 crore in FY2023-24.
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Profit Before Tax increased from ₹212 crore in FY2022-23 to ₹285 crore in FY2023-24.
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Net Profit (PAT) increased from ₹154 crore in FY2022-23 to ₹209 crore in FY2023-24.
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Cash flow from Operating Activities was INR 202 crore in FY23 and became INR 264 crore in FY24.
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Net Cash Used in Investing Activities was INR 2.21 crore in FY23, whereas it had a cash inflow of INR 26.42 crore in FY24.
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Net cash used in Financing Activities was INR 195 crore in FY23, whereas it became INR 176 crore in FY24.
Fundamentals
Financials
P&L Statement | 2021 | 2022 | 2023 | 2024 |
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Revenue | - | 1947.28 | 2435.00 | 2770.69 |
Other Income | - | 45.16 | 46.33 | 62.77 |
COGS | - | 998.69 | 1302.30 | 1454.77 |
Gross Profit | - | 993.75 | 1179.03 | 1378.69 |
Total Expense | - | 761.52 | 932.04 | 1061.19 |
EBIDTA | - | 232.23 | 246.99 | 317.50 |
D&A | - | 29.54 | 27.65 | 26.66 |
EBIT | - | 202.69 | 219.34 | 290.84 |
Interest Expense | - | 4.09 | 6.58 | 5.14 |
PBT | - | 198.60 | 212.76 | 285.70 |
TAX | - | 52.18 | 58.05 | 76.11 |
PAT | - | 146.42 | 154.71 | 209.59 |
Diluted EPS | - | 124.00 | 131.02 | 177.50 |
Basic EPS | - | 124.00 | 131.02 | 117.50 |
Total income | 0.00 | 1,992.44 | 2,481.33 | 2,833.46 |
ASSETS
CURRENT ASSETS | 2021 | 2022 | 2023 | 2024 |
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Cash and Cash Equivalents | - | 535.38 | 539.47 | 653.71 |
Trade Payables | - | 418.55 | 455.44 | 458.33 |
Inventory | - | 247.74 | 264.85 | 227.65 |
Other Current Assets | - | 200.65 | 237.00 | 288.34 |
Total Current Assets | 0.00 | 1,402.32 | 1,496.76 | 1,628.03 |
NON CURRENT ASSETS | 2021 | 2022 | 2023 | 2024 |
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Plant Property and Equipment | - | 52.23 | 50.11 | 69.28 |
Long Term Investment | - | - | - | - |
Other Non Current Assets | - | 203.04 | 209.52 | 200.89 |
TOTOAL NON CURRENT ASSSETS | 0.00 | 255.27 | 259.63 | 270.17 |
Total Assets | 0.00 | 1,657.59 | 1,756.39 | 1,898.20 |
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CURRENT LIABILITES | 2021 | 2022 | 2023 | 2024 |
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TRADW Payable | - | 490.73 | 525.98 | 532.92 |
Other Current Liab | - | 813.36 | 903.70 | 989.58 |
Total Current Liab | 0.00 | 1,304.09 | 1,429.68 | 1,522.50 |
NON CURRENTLIABILITIES | 2021 | 2022 | 2023 | 2024 |
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Long Term Debt | - | - | - | - |
Deffered Tax Liab | - | - | - | - |
Other Non Current Liab | - | 115.80 | 107.71 | 106.41 |
LIABILITIES
EQUITY | 2021 | 2022 | 2023 | 2024 |
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Share Capital | - | 11.81 | 11.81 | 11.81 |
Reserves And Surplus | - | - | - | - |
Other Equity | - | 225.89 | 207.19 | 257.48 |
Retained Earnings | - | - | - | - |
share Equity | 0.00 | 237.70 | 219.00 | 269.29 |
Total Liabilities | 0.00 | 353.50 | 326.71 | 375.70 |
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CASH FLOW STAT | 2021 | 2022 | 2023 | 2024 |
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Cash Flow from operating | - | 193.19 | 202.09 | 246.06 |
Cash Flow from financing | - | -175.10 | -195.79 | -176.24 |
Cash Flow from investing | - | 11.00 | -2.21 | 26.42 |
Net cash flow | 0.00 | 29.09 | 4.09 | 96.24 |
Revenue Growth
PAT Growth %
EPS Growth %
TOTAL ASSETS Growth %
QUICK RATIO Growth %
LONG TERM DEBT TO EQUITY RATIO Growth %
Shareholding Pattern
2025
Name | Designation | Share % |
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Otis International Asia Pacific Pte. Ltd. | NA | 98.24% |
Others | NA | 1.76% |
Events
Name | Date | Details |
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No events available. |
Frequently Asked Questions
- The lockin period is of 6 months for pre-ipo investors i.e. they cannot sell their shares for 6 months after they get listed. However, they can definitely sell the shares in pre-ipo market before they get listed.
- With BharatInvest, you can now invest in unlisted/pre-ipo shares with as low as 25-50k depending upon the share.
- 1. You can download the NSDL or CDSL application and login into the account and check whether the shares have been credited or not.
- 2. Credit of Unlisted Shares/Pre-IPO shares can be checked in brokers application as well but it takes T+2 days to show the shares.
- The value of share in unlisted space is determined in the same way as it is done in listed market. Demand and supply decide the price of any share. If the demand more than the supply, then the prices of the share increases and vice versa.
- When a new shares is introduces in the unlisted space, the value of the company is decided upon the last funding raised by company. If the company hasn’t raised any funding in the past, then the valuation is decided upon the fundamentals of the company.
- A Public Unlisted Shares Is Not Listed on Stock Exchange, Where as a Listed Public Company Is Listed On Stock Exchange Such As BSE Or NSE For Trading Of Shares.
- If you sell your shares within 2 years, then you will have to pay Short-term Capital gain on unli sted 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 12.5% without 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.
- Absoluetly NOT! Grey market is all about speculation relation to open price, subscription rate etc. And does not include physical delivery of shares. Whereas in pre ipo market you get to invest in shares much before the ipo too and it involves physical delivery of shares. It is compeletly legal and does not include any such speculation.
- Existing stakeholders, promoters or employees who have equity shares of an unlisted company and early investors who wish to get value of their investment.
- Yes, investing in unlisted shares is undoubtedly legal in India. The trading takes place in the over-the-counter market.