Otis Elevator Co (India)Ltd - Company Profile

It is a machinery and equipment public limited company based in Mumbai, Maharashtra, India, established in 1953.
1953 Mumbai, Maharashtra, India Active
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About Otis Elevator Co (India)Ltd

Otis Elevator Co (India)Ltd, a active public limited company, was established on 30 October 1953 in Mumbai, Maharashtra, India. Engaging in material handling & storage equipment within the manufacturing sector, it holds CIN: U29150MH1953PLC009158. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹15.00 Cr and a paid-up capital of ₹11.81 Cr.

Formerly known as Otis Elevator Company (India)Ltd. It upholds a compliant status. Its leadership includes Suma Puthan Naduvakkat (Whole-Time Director), Anil Vaish (Director), Sebi Joseph (Managing Director). Past directors included Jean Pierre Dejoux, Randal Earl Wilcox, Sanu Kapoor. Its latest AGM occurred on 27 September 2024, with the balance sheet filed on 31 March 2024. It is based at Magnus Towers 9Th Flrmindspace Link Road Malad West, Mumbai, Maharashtra, 400064.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U29150MH1953PLC009158

  • Registration Number

    009158

  • Incorporation Date

    30 October 1953

  • Authorized Capital

    ₹15.00 Cr

  • Paid-Up Capital

    ₹11.81 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 11.81 Cr
  • Company Age 72 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth **** 14.19%
  • Profit Growth **** 34.50%
  • Ebitda **** 26.42%
  • Net Worth 22.34%
  • Total Assets **** 8.07%
Company report

Otis Elevator Co (India)Ltd

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Otis Elevator Co (India)Ltd — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Otis Elevator Co (India)Ltd?
Current Directors
Name Designation Appointment Date Status
Suma Puthan Naduvakkat Whole-Time Director 10 Mar 2015 Current
Anil Vaish Director 10 Mar 2016 Current
Sebi Joseph Managing Director 16 Mar 2015 Current
Manish R Asopa Director 23 Nov 2022 Current
Bharatkumar Nayak Cfo 05 Oct 2017 Current
Atul Gopalkrishna Juvle Additional Director 30 Oct 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 16 Feb 2012 Past
Pramod Abcsdd Director 28 Jun 2007 Past
Pramod Abcsdd Company Secretary - Past
Pramod Abcsdd Director 16 Aug 2017 Past
Pramod Abcsdd Company Secretary 04 Jan 2010 Past
Pramod Abcsdd Additional Director 26 Sep 2024 Past

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Financial Performance of Otis Elevator Co (India)Ltd.

Otis Elevator Co (India)Ltd, for the financial year ended 2024, experienced significant growth in revenue, with a 14.19% increase. The company also saw a substantial improvement in profitability, with a 34.5% increase in profit. The company's net worth Soared by an impressive increase of 22.34%.

Otis Elevator Co (India)Ltd revenue growth over time
Otis Elevator Co (India)Ltd profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 14.19%
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*******
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Revenue from Operations
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 13.79%
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*******
Total Assets
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 8.07%
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*******
*******
*******
Profit or Loss
*******
 34.50%
*******
*******
*******
*******
Net Worth
*******
 22.34%
*******
*******
*******
*******
EBITDA
*******
 26.42%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Otis Elevator Co (India)Ltd?

In 2023, Otis Elevator Co (India)Ltd had a promoter holding of 98.24% and a public holding of 1.77%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at Otis Elevator Co (India)Ltd?

Unlock and access historical data on people associated with Otis Elevator Co (India)Ltd, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Otis Elevator Co (India)Ltd, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Otis Elevator Co (India)Ltd's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Otis Elevator Co (India)Ltd
Recent Activity within the Organization
  • Director Appointment

    Progress on Atul Gopalkrishna Juvle was appointed as a Additional Director was appointed as a Additional Director on 30 Oct 2025 & has been associated with this company since 4 months 18 days . was documented.

  • Annual General Meeting

    Otis Elevator Co (India)Ltd last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Otis Elevator Co (India)Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was documented.

  • Director Appointment

    Manish R Asopa was appointed as a Director was appointed as a Director on 23 Nov 2022 & has been associated with this company since 3 years 3 months . was recorded as a recent event.

  • Director Appointment

    Progress on Rutika Somdatta Pawar was appointed as a Company Secretary was appointed as a Company Secretary on 10 Jun 2021 & has been associated with this company since 4 years 9 months . was documented.

  • Director Appointment

    Progress on Bharatkumar Sanjiva Nayak was appointed as a CFO was appointed as a CFO on 05 Oct 2017 & has been associated with this company since 8 years 5 months . was documented.

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Frequently Asked Questions
What is the CIN of Otis Elevator Co (India)Ltd?

The CIN of Otis Elevator Co (India)Ltd is U29150MH1953PLC009158.

Where is Otis Elevator Co (India)Ltd headquartered?

Otis Elevator Co (India)Ltd is headquartered at Magnus Towers 9Th Flrmindspace Link Road Malad West, Mumbai, Maharashtra, 400064.

When was Otis Elevator Co (India)Ltd incorporated?

Otis Elevator Co (India)Ltd was incorporated on 30 October 1953.

Who are the current directors of Otis Elevator Co (India)Ltd?

The current directors of Otis Elevator Co (India)Ltd are

What is the primary industry of Otis Elevator Co (India)Ltd?

The primary industry of Otis Elevator Co (India)Ltd is Manufacturing.

Is Otis Elevator Co (India)Ltd a listed company?

Otis Elevator Co (India)Ltd is unlisted.

What is the capital structure of Otis Elevator Co (India)Ltd?

The authorized capital of Otis Elevator Co (India)Ltd is ₹15.00 Cr, and the paid-up capital is ₹11.81 Cr.

What is the compliance status of Otis Elevator Co (India)Ltd?

The compliance status of Otis Elevator Co (India)Ltd is Compliant.

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