NASDAQ · Financial Services
Invest in Forefront Tech Holdings Acquisition stock from India
Indian and foreign residents can buy Forefront Tech Holdings Acquisition (FTHA) shares directly through Paasa.
By Paasa · Updated
Forefront Tech Holdings Acquisition at a glance
- Price
- $9.99+$0.01 (0.10%)
- Market cap
- $99.90M
- Day range
- $9.98 – $9.99
- P/E
- —
- Dividend yield
- None
- Volume
- 3.00
- 1 month
- +0.20%
- 6 months
- +0.60%
- YTD
- +0.60%
- 1 year
- +0.60%
- 5 years
- +0.60%
How to invest in Forefront Tech Holdings Acquisition from India
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.
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.
Step 3
Search FTHA and buy
Find Forefront Tech Holdings Acquisition by name or by its ticker, FTHA, and place your order. Fractional shares are available and there is no minimum trade size, so you can buy by amount instead of whole shares.
Why invest in Forefront Tech Holdings Acquisition from India
What Forefront Tech Holdings Acquisition does
Forefront Tech Holdings Acquisition Corp is a blank check company incorporated under the laws of the Cayman Islands. The company intends to pursue a business combination with target businesses in the technology sector, focusing on blockchain-enabled artificial intelligence, digital trade identities, and robotics. Forefront Tech Holdings Acquisition operates in the Shell Companies industry within the Financial Services sector.
Hold a dollar asset
Forefront Tech Holdings Acquisition shares are priced in US dollars, so a weaker rupee adds to what they're worth in rupees. The rupee depreciated over 85% against the dollar between 2010 and 2025.
Buy a fraction of a share
Buy by amount, not by share, and get the matching fraction of one Forefront Tech Holdings Acquisition share. There is no minimum trade size.
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 Forefront Tech Holdings Acquisition stock from India?
Yes. Indian residents and NRIs can buy Forefront Tech Holdings Acquisition (FTHA) shares directly through Paasa. Forefront Tech Holdings Acquisition is listed on NASDAQ, in the Shell Companies 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 Forefront Tech Holdings Acquisition share?
No. You can buy part of one Forefront Tech Holdings Acquisition share and add to your position over time. One share is $9.99, and you can buy whole shares or any fraction; there is no minimum trade size.
How are Forefront Tech Holdings Acquisition dividends taxed for Indian investors?
Forefront Tech Holdings Acquisition trades on NASDAQ but is domiciled in Cayman Islands, so any withholding on its dividends follows that country's rules rather than those of the US. Some non-US companies list in the US through American Depositary Receipts, which can carry dividend withholding at the company's home-country rate. 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 Forefront Tech Holdings Acquisition shares?
The US does not levy capital gains tax on shares for Indian residents. 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 USD/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.