Otis Elevator (India) Limited Unlisted Share Price
Otis Elevator (India) Limited unlisted share price is ₹3,850 per share (indicative, as of 17 Oct 2026). Minimum ticket ₹25,000 (lot of 7 shares), the same for every company. Sector: IT & Industrials. Status: unlisted, no DRHP on record.
All unlisted share prices: dated indicative prices for every company the desk tracks.
Updated 17 Oct 2026, 22:10 IST. Dated dealer references.
BuyUnlistedShares tracks 230 unlisted companies with dated prices; Otis Elevator (India) Limited’s indicative price is ₹3,850 per share as of 17 Oct 2026, a lot of 7 shares.
Key facts
- Indicative price
- ₹3,850 per share
- Price as of
- 17 Oct 2026
- Minimum investment
- ₹25,000
- Lot size
- 7 shares
- Sector
- IT & Industrials
- Listing status
- Unlisted
- Settlement
- Demat to demat; terms agreed in writing for each deal
- Last updated
- 17 Oct 2026, 22:10 IST
Indicative and dated. BuyUnlistedShares deals as principal.
Buying at a glance
- Minimum ticket
- ₹25,000
- Price shown
- Indicative, dated 17 Oct 2026
- Delivery
- Shares are credited to your demat account
In plain words
- Lock-in if it lists
- Shares bought before an IPO are generally locked in for six months from the IPO allotment date under SEBI rules. The issue documents set the exact terms.
- Demat
- Yes. ISIN INE099A01022: the shares sit in your own demat account and move demat to demat through NSDL or CDSL.
- IPO status
- Unlisted. No DRHP on record.
Facts only, not a rating or a recommendation.
Compare it against the full unlisted share price list: every company the desk quotes, each with a dated indicative price.
Indicative move: 0.0% over 3 months · +2.7% over 1 year.
Key figures
| Market cap | ₹4,546.17 Cr |
|---|---|
| Minimum investment | ₹25,000 |
| Lot size | 7 |
| P/E ratio | 23.8x |
| ROE | 41.45% |
| Book value | ₹398.71 |
| Face value | ₹10 |
| 52-week high | ₹4,150 |
| 52-week low | ₹3,675 |
| ISIN | INE099A01022 |
| Dividend yield | — |
Financials (₹ Cr)
| Metric | FY23 | FY24 | FY25 |
|---|---|---|---|
| Revenue | 2,435 | 2,771 | 3,162 |
| PAT | 155 | 210 | 191 |
| EPS (₹) | 131 | 178 | 162 |
About the 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.
Prices shown are indicative and dated. Unlisted shares are illiquid and values can move sharply.
Registered in Mumbai, Maharashtra.
Registry
- ISIN: INE099A01022
- Depository: NSDL & CDSL
- Listed at: Unlisted
- Price as of: 17 Oct 2026
Company facts
| CIN | U29150MH1953PLC009158 |
|---|---|
| Incorporated | 1953 |
| ISIN | INE099A01014 |
| Face value | ₹10 |
| Registered office | 9th Floor, Magnus Towers, Mindspace, Malad Link Road, Malad (W), Mumbai - 400064, Maharashtra |
| Shares outstanding | 1,18,08,222 |
| Lot size | 7 shares |
| Minimum units | 5 |
| DRHP | Not filed |
Financial statements (₹ Cr)
| Metric | FY22 | FY23 | FY24 | FY25 | FY25 vs FY24 |
|---|---|---|---|---|---|
| Revenue | 1,947.28 | 2,435 | 2,770.69 | 3,162.23 | +14.1% |
| EBITDA | 189 | 202 | 255 | 192.9 | −24.4% |
| Profit before tax | 198 | 212 | 286 | 256 | −10.5% |
| Profit after tax | 146.42 | 154.71 | 209.59 | 191.04 | −8.9% |
| EPS (₹) | 124 | 131.02 | 177.5 | 161.78 | −8.9% |
| Operating margin | 11.9% | 10.1% | 11.5% | 6.1% | −5.4 pts |
| Net margin | 7.5% | 6.3% | 7.6% | 6% | −1.5 pts |
| Share capital | 11.81 | 11.81 | 11.81 | 11.81 | +0% |
| Reserves & surplus | 225.89 | 207.19 | 257.48 | 448.78 | +74.3% |
| Net worth | 237.7 | 219 | 269.29 | 460.59 | +71% |
| Fixed assets | 52.23 | 50.11 | 69.28 | 70.53 | +1.8% |
| Trade receivables | 418.55 | 455.44 | 458.33 | 554.56 | +21% |
| Trade payables | 490.73 | 525.98 | 532.92 | 597.09 | +12% |
| Cash from operations | 193.19 | 202.09 | 264.06 | 290.69 | +10.1% |
| Cash from investing | 11 | −2.21 | 26.42 | 19.58 | −25.9% |
| Cash from financing | −175.1 | −195.79 | −176.24 | −18.27 | +89.6% |
| Net cash generated | 29.09 | 4.09 | 114.24 | 292 | +155.6% |
Key ratios and valuation
| Measure | Value | Basis |
|---|---|---|
| Indicative price | ₹3,850 | dealer reference, 17 Oct 2026 |
| Market cap | ₹4,546.17 Cr | price × 1,18,08,222 shares |
| P/E | 23.8x | price ÷ EPS ₹161.78 (FY25) |
| P/B | 9.66x | price ÷ book value ₹398.71 |
| EPS | ₹161.78 | per share, FY25 |
| Book value | ₹398.71 | per share, latest books |
| RoE | 41.45% | return on equity, latest FY |
| Debt / equity | 0 | latest balance sheet |
| Dividend yield | — | |
| Face value | ₹10 | per share |
| 52-week range | ₹3,675 – ₹4,150 | 226 dated quotes, last 12 months |
| Shares outstanding | 1,18,08,222 | per company record |
Shareholding pattern
| Category | Holder | % of equity |
|---|---|---|
| Promoters | Otis International Asia Pacific Pte. Ltd. (Promoter) | 98.24% |
| Public | Others / Public | 1.76% |
Promoters 98.24% · Public 1.76%
Management and promoters
| Name | Designation | Experience |
|---|---|---|
| Sebi Joseph | Chairman & Managing Director | — |
| Suma Puthan Naduvakkat | Whole-time Director | — |
| Bharat Kumar Nayak | Whole-time Director & CFO | — |
| P S Dasgupta | Non-Executive Independent Director | — |
| Anil Vaish | Non-Executive Independent Director | — |
| Manish Asopa | Non-Executive Director | — |
| Jyotin Mehta | Non-Executive Independent Director | — |
Business model
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.
Corporate actions and events
| Date | Type | Detail | Ratio / amount | Source |
|---|---|---|---|---|
| Undated | Other | Members passed, with requisite majority, the special resolution for reduction of the company’s equity share capital through postal ballot. (3 Sep 2024) | — | Desk note |
Reports and filings
No filings uploaded yet.
Annual reports
- Otis Elevator (India) Limited annual report 2023-24 (PDF)
- Otis Elevator (India) Limited annual report 2022-23 (PDF)
- Otis Elevator (India) Limited annual report 2021-22 (PDF)
- Otis Elevator (India) Limited annual report 2020-21 (PDF)
Frequently asked questions
What does Otis Elevator (India) Limited do?
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.
Is Otis Elevator (India) Limited listed on NSE or BSE?
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. Transfers happen demat-to-demat through NSDL/CDSL depository participants.
What determines the indicative price of Otis Elevator (India) unlisted shares?
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.
What are the key fundamentals of Otis Elevator (India) Limited?
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.
What is the Otis Elevator (India) Limited unlisted share price today?
The indicative over-the-counter reference price is ₹3,850 per share as of 17 Oct 2026. It is a dated dealer reference, refreshed every working day.
Is Otis Elevator (India) Limited listed on a stock exchange?
Not yet. Otis Elevator (India) Limited changes hands in the unlisted market, over the counter and settle into your demat account through NSDL and CDSL.
What is the minimum investment in Otis Elevator (India) Limited?
The minimum ticket is ₹25,000, the same for every company on the site.
What is the ISIN of Otis Elevator (India) Limited?
INE099A01022. Holdings are settled in demat form through NSDL and CDSL.
How do I buy Otis Elevator (India) Limited unlisted shares?
Send an enquiry with the quantity you have in mind. The desk replies with a dated quote, the paperwork list and the demat steps, and the shares settle demat to demat into your own account.
Is there a lock-in if Otis Elevator (India) Limited lists?
Pre-IPO shareholders other than promoters are generally locked in for six months from the date of IPO allotment under SEBI ICDR regulation 17. The final offer document sets the exact terms.
Sources
- Otis Elevator (India) Limited annual report 2023-24 · FY 2023-24 · otis.com
- Otis Elevator (India) Limited annual report 2022-23 · FY 2022-23 · otis.com
- Otis Elevator (India) Limited annual report 2021-22 · FY 2021-22 · otis.com
- Otis Elevator (India) Limited annual report 2020-21 · FY 2020-21 · otis.com
- BuyUnlistedShares indicative price series for Otis Elevator (India) Limited, dated daily · since 12 Sep 2025 (252 dated quotes) · buyunlistedshares.com
How to cite this page: BuyUnlistedShares, “Otis Elevator (India) Limited unlisted share price”, https://buyunlistedshares.com/unlisted-shares/otis-elevator-limited, as of 17 Oct 2026.
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Indicative reference price, dated. BuyUnlistedShares is India's premium unlisted shares desk, run by Gayatri Financial Synergy LLP. In the market since 2002. Data as of 17 Oct 2026.
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