Paasa Logo

Hong Kong Stock Exchange · Industrials

Invest in Excelland Robot stock from India

Indian and foreign residents can buy Excelland Robot (3231) shares directly through Paasa.

By Paasa · Updated

Excelland Robot at a glance

Price
HK$36.50-HK$0.76 (2.04%)
Market cap
HK$10.30B
Day range
HK$36.00 – HK$37.18
P/E
—
Dividend yield
None
Volume
183.80K

Live chart and statistics

How to invest in Excelland Robot from India

  1. Step 1

    Open your Paasa account

    KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Step 2

    Add funds from your Indian bank account

    Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to HKD when you buy.

  3. Step 3

    Search 3231 and buy

    Find Excelland Robot by name or by its ticker, 3231, and place your order. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.

Why invest in Excelland Robot from India

What Excelland Robot does

Excelland Robotics (Wuxi) Co., Ltd. develops and manufactures intelligent commercial service robots, robotic modules, and artificial intelligence (AI) vision model solutions. It was founded in 2013 and is headquartered in Shenzhen, China. Excelland Robot operates in the Industrial - Machinery industry within the Industrials sector.

Paasa handles the paperwork

Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.

Frequently asked questions

Can I buy Excelland Robot stock from India?

Yes. Indian residents and NRIs can buy Excelland Robot (3231) shares directly through Paasa. Excelland Robot is listed on the Hong Kong Stock Exchange, in the Industrial - Machinery industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.

Do I need to buy a full Excelland Robot share?

Usually more than one, and not a fraction: many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. At HK$36.50 a share, size the order by the lot, not by the share.

How are Excelland Robot dividends taxed for Indian investors?

Excelland Robot trades on the Hong Kong Stock Exchange but is domiciled in China, so any withholding on its dividends follows that country's rules rather than those of Hong Kong. Dividends are taxed at your slab rate in India. Paasa's dividend report shows the gross amount and any tax withheld for each payment.

What tax do I pay in India when I sell Excelland Robot shares?

Hong Kong generally does not levy capital gains tax on non-resident individual investors for HKEX-listed stocks. In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the HKD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.

Share this guide
Get started

Own global companies from India, safeguard against rupee depreciation

Book a short call with our team to understand how Paasa can work for you