Otis Elevator Co (India)Ltd Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 11.81 Cr
- Company Age 71 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Revenue Growth 24.63%
- Profit Growth 6.09%
- Ebitda 7.29%
- Net Worth -7.19%
- Total Assets 5.96%
About Otis Elevator Co (India)Ltd
Otis Elevator Co (India)Ltd (OECI) was founded in India on 30 October 1953 and has a glorious history of 71 years and four months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Otis Elevator Company (India)Ltd. The Company is engaged in the Machinery And Equipment Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 15.00 Cr and a paid-up capital of Rs 11.81 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Otis Elevator Co (India)Ltd India are Bharatkumar Nayak as CFO and Rutika Pawar as Company Secretary. Jyotin Mehta, Anil Vaish, Bharatkumar Nayak, and Three other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29150MH1953PLC009158
- Company No.
009158
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
30 Oct 1953
- Date of AGM
27 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Machinery and Equipment
What products or services does Otis Elevator Co (India)Ltd offer?
Otis Elevator Co (India)Ltd offers a wide range of products and services, including Elevators & Escalators, Passenger Lifts, Otis Passenger Lifts, Machine Room-Less Lifts, Elevators, Gearless Traction Elevator, Annual Maintenance Contract Services, Maintenance Contractors, Escalators, Otis Escalator.
Otis Elevator Co (India)Ltd
Explore comprehensive data for Otis Elevator Co (India)Ltd, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Otis Elevator Co (India)Ltd?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sebi Joseph  | Managing Director | 07-Mar-2012 | Current |
| Bharatkumar Nayak | CFO | 05-Oct-2017 | Current |
| Rutika Pawar | Company Secretary | 10-Jun-2021 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Jyotin Mehta | Director | 02-Jul-2024 | Current |
| Anil Vaish | Director | 10-Mar-2016 | Current |
| Bharatkumar Nayak | Whole-Time Director and Cfo | 22-Oct-2019 | Current |
| Suma Naduvakkat | Whole-Time Director | 10-Mar-2015 | Current |
| Manish Asopa | Director | 23-Nov-2022 | Current |
Financial Performance of Otis Elevator Co (India)Ltd.
Otis Elevator Co (India)Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 24.63% increase. The company also saw a slight improvement in profitability, with a 6.09% increase in profit. The company's net worth dipped by a decrease of 7.19%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Otis Elevator Co (India)Ltd?
In 2022, 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.
Related Corporates (Common Directorship)
Otis Global Services Center Private LimitedSebi Joseph and Manish Asopa are mutual person
Icici Prudential Pension Funds Management Company LimitedJyotin Mehta is a mutual person
Mahindra Insurance Brokers LimitedJyotin Mehta is a mutual person
Westlife Foodworld LimitedJyotin Mehta is a mutual person
Amal LimitedJyotin Mehta is a mutual person
Icici Prudential Trust LimitedJyotin Mehta is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
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.
Deals i
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
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
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.
Latest Updates, News, and FAQs on Otis Elevator Co (India)Ltd
Recent activity within the organization
- Director Appointment
Jyotin Kantilal Mehta was appointed as a Director was appointed as a Director on 02 Jul 2024 & has been associated with this company since 8 months 10 days .
- Annual General Meeting
Otis Elevator Co (India)Ltd last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.
- Balance Sheet
Otis Elevator Co (India)Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
- 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 2 years 3 months .
- Director Appointment
Bharatkumar Nayak was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 22 Oct 2019 & has been associated with this company since 5 years 4 months .
- Director Appointment
Anil Vaish was appointed as a Director was appointed as a Director on 10 Mar 2016 & has been associated with this company since 9 years 2 days .
Frequently asked questions
What is the Incorporation or founding date of Otis Elevator Co (India)Ltd?
Otis Elevator Co (India)Ltd was incorporated on 30 Oct 1953.
What is authorized share capital and paid-up capital of Otis Elevator Co (India)Ltd?
The authorized share capital of Otis Elevator Co (India)Ltd is ₹ 15.00 Cr and paid-up capital is ₹ 11.81 Cr.
Who are the current board members & directors of Otis Elevator Co (India)Ltd?
Currently 8 directors are associated with Otis Elevator Co (India)Ltd.
- Jyotin Kantilal Mehta
- Anil Vaish
- Bharatkumar Nayak
- Sebi Joseph
- Suma Puthan Naduvakkat
- Manish R Asopa
- Bharatkumar Sanjiva Nayak
- Rutika Somdatta Pawar
What is the registered address of Otis Elevator Co (India)Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Otis Elevator Co (India)Ltd is Magnus Towers 9Th Flrmindspace Link Road Malad West India, Mumbai, Maharashtra, 400064.
What is the corporate identification number (CIN) and company number of Otis Elevator Co (India)Ltd?
The corporate identification number (CIN) of Otis Elevator Co (India)Ltd is U29150MH1953PLC009158 and the company number is 009158 as per Ministry of Corporate Affairs (MCA).
What is the official website of Otis Elevator Co (India)Ltd?
The Official website of Otis Elevator Co (India)Ltd is https://www.otis.com
What has been the recent revenue trend for Otis Elevator Co (India)Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for Otis Elevator Co (India)Ltd has risen by 24.63%.
What change has been observed in the net worth of Otis Elevator Co (India)Ltd, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Otis Elevator Co (India)Ltd has experienced an downturn of -7.19%.
When was the last Balance Sheet of Otis Elevator Co (India)Ltd filed with the ROC?
The most recent Balance Sheet for Otis Elevator Co (India)Ltd was filed with the ROC on 31 Mar 2023.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
Priya DasguptaDirector
Pedro MarcalDirector
Nirmal MohantyDirectorRT
Ram TarnejaDirectorSP
Sundar ParthasarathyDirectorAM
Ashok MalhotraDirectorJD
Jean DejouxDirectorRW
Randal WilcoxDirector