Otis Elevator (India) Limited Unlisted Share Price
As of , the indicative unlisted share price of Otis Elevator (India) Limited is ₹3,850 per share. This is an over-the-counter reference price, not a stock-exchange quote.
As of , Otis Elevator (India) Limited is not listed on any Indian stock exchange (NSE or BSE) — its shares trade in the unlisted, over-the-counter (pre-IPO) market.
| Price / unit | ₹3,850 |
|---|---|
| Market cap | ₹4,546 Cr |
| Min. investment | ₹19,250 |
| Lot size | 5 |
| P/E ratio | 23.8 |
| P/B ratio | 9.66 |
What is Otis Elevator (India) Limited?
Otis Elevator (India) Limited is an unlisted Industrials company whose shares trade in India's over-the-counter (pre-IPO) market and settle in demat form (NSDL/CDSL).
Otis Elevator (India) Limited is the Indian arm of one of the world's oldest and largest manufacturers of vertical transportation systems. Incorporated in 1953 and headquartered in Mumbai, the company designs, manufactures, installs, services and modernises elevators, escalators and moving walkways across the country. Its business spans two broad streams: new equipment sales, where it supplies passenger and freight elevators to residential, commercial, infrastructure and institutional projects; and a sizeable service and maintenance portfolio that generates recurring, annuity-style revenue from a large installed base of units under contract. This combination of equipment and long-tail service work gives the company a distinctive position in India's building-mobility ecosystem. The Indian entity traces its lineage to the global Otis brand, which pioneered the safety elevator in the nineteenth century. Following corporate restructuring at the parent level, Otis became an independent, separately traded global company; the Indian subsidiary forms part of that worldwide network and benefits from shared engineering standards, technology and brand recognition. India's rapid urbanisation, high-rise construction, metro and airport expansion, and rising demand for elevator modernisation have positioned the elevator industry as a structurally growing segment, and Otis is widely regarded as among the established names operating in it. Otis Elevator (India) Limited was delisted from the NSE and BSE in 2003 and has since operated as an unlisted company. Its shares continue to be held in dematerialised form and are quoted in the private, over-the-counter unlisted market, which is why it draws attention from investors tracking the unlisted space. Interest typically centres on its long operating history, recognised brand, recurring service revenues, low-debt balance sheet and exposure to India's construction and infrastructure cycle. As reported by unlisted-market data sources, the company carries an indicative price reflecting private transactions rather than any exchange-determined quote. The figures and identifiers here are descriptive market data points and not a solicitation or recommendation of any kind.
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Frequently asked questions
No. As of 16 July 2026, Otis Elevator (India) Limited is an unlisted company whose shares trade over-the-counter; it would list only if and when it completes an IPO.
The minimum lot is 5 share(s); at the indicative price of about ₹3,850, that is approximately ₹19,250. Indicative reference, not a quote.
As of 16 July 2026, the indicative unlisted share price of Otis Elevator (India) Limited is ₹3,850 per share. This is an over-the-counter reference price, not a stock-exchange quote.
The ISIN of Otis Elevator (India) Limited is INE099A01022. An ISIN is the unique 12-character code that identifies a company's shares in the depository system; this one is verified against NSDL (the National Numbering Agency). You need it to hold or transfer these unlisted shares in your NSDL or CDSL demat account.
Otis Elevator (India) Limited designs, manufactures, installs, services and modernises elevators, escalators and moving walkways across India. Its revenue comes from new equipment sales for residential, commercial and infrastructure projects, as well as a large recurring service and maintenance business serving its installed base of units.
No. Otis Elevator (India) Limited was delisted from the NSE and BSE in 2003 and currently operates as an unlisted company. Its shares are held in dematerialised form (ISIN INE099A01014) and are transacted privately in the unlisted market. Unlisted shares are generally bought or sold through SEBI-registered intermediaries and dealers via off-market transfers into your demat account; availability and terms depend on a willing counterparty.
As an unlisted security, there is no exchange-determined market price. The indicative price reflects recent private, over-the-counter transactions and is influenced by demand and supply among buyers and sellers, the company's reported financial performance, sector trends in the elevator and construction industry, the limited liquidity of unlisted shares, and broader market sentiment. It should be read as descriptive market data, not a quoted exchange rate.
Otis Elevator (India) Limited was incorporated in 1953 and is headquartered in Mumbai, Maharashtra (CIN U29150MH1953PLC009158). The shares carry a face value of ₹10 each and trade under ISIN INE099A01014. The company is part of the global Otis network and is known for its long operating history, recognised brand, recurring service revenues and a largely debt-free balance sheet. These are factual details for information only and do not constitute investment advice.
They can. If the company declares a dividend, unlisted shareholders are eligible like any other shareholder. Many unlisted firms reinvest profits, so dividends are not guaranteed.
After listing, unlisted shares convert into regular listed shares in your demat account and can be traded on the exchange, usually once any applicable SEBI lock-in period ends.
Unlisted shares are less liquid than listed shares. You can sell when a buyer is available through an off-market transfer; there is no continuous exchange market, so exits can take longer.
Unlisted shares carry higher risk and lower liquidity than listed shares, with fewer disclosures and no live market price. This is general information, not investment advice — assess suitability before investing.
An unlisted share price is an indicative, over-the-counter reference set by demand and supply in private deals between buyers and sellers. There is no live exchange quote, so prices can vary across dealers and over time.
Yes. Unlisted shares are delivered in dematerialised form, so you need an active demat account (NSDL or CDSL). No special account type is required — a regular demat account works.
Unlisted shares are sold through an off-market transfer to a buyer via a registered intermediary, settling from your demat account with a contract note. Liquidity depends on buyer availability, so exits can take longer than listed shares.
Otis Elevator (India) Limited vs similar unlisted Industrials shares
Indicative over-the-counter prices, as of 16 July 2026. Information only — not a recommendation or ranking.