PRICE HISTORY.
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Otis Elevator Company (India) Limited is a vertical-transportation manufacturer and service operator. Its audited financial statements describe the legal entity’s business as the manufacture, erection, installation and maintenance of elevators, escalators and travolators. The same report separates operating revenue into contracts for the supply and installation of those systems, repairs, maintenance services and minor other operating revenue. For project contracts, the company records revenue over time as work creates or enhances an asset controlled by the customer, using a cost-based input method to measure progress. For operations and maintenance work, it recognizes revenue using a time-elapsed measure of progress on a straight-line basis. The result is a business model combining the supply and project installation of vertical-transportation equipment with repairs and recurring maintenance service. The report identifies Otis Elevator Company (India) Limited as an Indian company incorporated in 1953 and describes a domestic elevator subsidiary within its consolidated financial statements.
About this company
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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COMMON QUESTIONS.
Is Otis Elevator (India) Limited listed on the stock exchange?+
No. As of 2 September 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.
What is the Otis Elevator (India) Limited unlisted share price?+
As of 2 September 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.
What indicative minimum amount is displayed for Otis Elevator (India) Limited unlisted shares?+
The displayed unit count is 5 share(s); at the indicative price of about ₹3,850, the displayed amount is approximately ₹19,250. This is a display convention, not evidence of inventory, an order minimum or a quote.
What is the ISIN of Otis Elevator (India) Limited?+
The recorded ISIN of Otis Elevator (India) Limited is INE099A01022. An ISIN is a 12-character security identifier. Verify it against the issuer and the relevant depository record before using it for any transfer or documentation.
Is trading in Otis Elevator (India) Limited unlisted shares legal in India?+
Unlisted shares can be transferred off-market in India, but the legal, tax and compliance position depends on the security, parties, documents and current rules. Verify the intermediary, issuer restrictions and applicable requirements before proceeding.
Is there a lock-in period for unlisted shares?+
A post-listing lock-in may apply under the rules in force at the time. The period and any exemptions can depend on the holder and acquisition, so check the current regulation and the issuer's offer documents rather than relying on a generic period.
Do you guarantee returns?+
No. Unlisted shares carry higher risk and lower liquidity than listed shares. Returns depend on company performance, market conditions and future listing outcomes. This is information only, not investment advice.