Otis Elevator Co (India)Ltd Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 11.81 Cr
- Company Age 71 Year, 3 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 three 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
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.
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%.
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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
Suryoday Small Finance Bank 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.
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