What is Otis Elevator India unlisted share price?

Overview of Otis Elevator India Unlisted Shares:

Otis Elevator India was established on October 30, 1953, following the issuance of a certificate of incorporation by the Registrar of Companies in Mumbai, Maharashtra. The company is dedicated to the manufacturing, installation, and maintenance of elevators and escalators. As a frontrunner in the domestic elevator industry, it holds a prominent position. The company has formed a technical and financial partnership with Otis Elevator Co., headquartered in New Jersey, a top contender in the global elevator market. In the fiscal year 2023, Otis Elevator India invested Rs 2,06,25,540 in Corporate Social Responsibility (CSR) initiatives.

Product and Services by Otis Elevator India Unlisted Shares:

Otis Elevator India Unlisted Shares offers a range of products and services focused on the modern manufacturing of lifts and escalators. They also specialize in the installation and servicing of lifts and escalators.

Revenue of Otis Elevator India Unlisted Shares:

The revenue of Otis Elevator India Unlisted Shares has shown a fluctuating trend over the past four years, as indicated by the figures in crore INR. In 2020, the revenue from operations stood at 1,767.26 crore, which slightly decreased to 1,710.09 crore in 2021. However, there was a notable increase in 2022, with revenue reaching 1,947.28 crore. The growth trend continued in 2023, with revenue rising to 2,435.00 crore, reflecting a positive trajectory in the company's financial performance.

Unlisted Shares of Otis Elevator India and its Shareholding Pattern:

The majority of Otis Elevator India's unlisted shares are held by Otis International Asia Pacific Pte. Ltd., which owns an impressive 98.24% stake. The remaining shares, representing 1.76% ownership, are held by various other entities or individuals. This shows that Otis International Asia Pacific Pte. Ltd. has substantial control and influence over Otis Elevator India's operations and decisions.

Otis Elevator India Unlisted Share Price:

The current Otis Elevator India Unlisted share price as of April 18 is at Rs ₹ 4,002 per share. 

Otis Elevator India Unlisted Share Price in Depth 

Face Value of Otis Elevator India: ₹ 10

Price per share as of April: ₹ 4,002

You can check the Current Otis Elevator India Share Price at Precize.in  

Price history of Unlisted Shares of Otis Elevator India:

Financial Background and Growth of Otis Elevator India Unlisted Shares.

Balance Sheet of Otis Elevator India Unlisted Shares:


Income Statement of Otis Elevator India Unlisted Shares:


Growth Opportunities and Challenges for Otis Elevator India Unlisted Shares.

Opportunities for Otis Elevator India Unlisted Shares Unlisted Shares:

There are promising opportunities ahead for Otis Elevator India Unlisted Shares to capitalize on. One avenue for growth lies in expanding their product portfolio, allowing them to cater to a broader range of customer needs and preferences. Additionally, forging strategic tie-ups with real estate and construction companies could significantly enhance sales by integrating their elevator solutions into new and ongoing projects, thereby tapping into a larger market and increasing their presence in the industry.

Challenges for Otis Elevator India Unlisted Shares:

Otis Elevator India's Unlisted Shares encounter some significant challenges in the elevator industry. They face tough competition from other key players vying for market share, demanding constant innovation and strategic planning to stay ahead. Moreover, with technology evolving rapidly, there's a risk that the company's current products could become outdated. Adapting to these technological shifts and staying attuned to changing customer needs will be essential for overcoming these challenges and sustaining growth.

*Disclaimer: This information is for private use only and does not constitute investment advice. Recipients must assess risks and seek advice from financial, legal, and tax professionals. Private market investments carry risks, and there are no guarantees of returns or capital protection. We are not liable for investment decisions.