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Euronext Paris · Financial Services

Invest in Gentlemen's Equity stock from India

Indian and foreign residents can buy Gentlemen's Equity (MLGEQ) shares directly through Paasa.

By Paasa · Updated

Gentlemen's Equity at a glance

Price
€0.22+€0.00 (0.00%)
Market cap
€1.31M
Day range
€0.22 – €0.22
P/E
—
Dividend yield
None
Volume
281.00
1 month
-9.76%
6 months
-20.71%
YTD
-45.85%
1 year
-45.85%
5 years
-86.13%

Live chart and statistics

Peer comparison

CompanyTickerPriceMarket cap
AmundiAMUN.PA€94.55€19.12B
EurazeoRF.PA€52.05€3.32B
Tikehau CapitalTKO.PA€17.06€2.94B

Peers as grouped by the data provider. This is not an investment recommendation.

How to invest in Gentlemen's Equity 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 EUR when you buy.

  3. Step 3

    Search MLGEQ and buy

    Find Gentlemen's Equity by name or by its ticker, MLGEQ, and place your order.

Why invest in Gentlemen's Equity from India

What Gentlemen's Equity does

Gentlemen's Equity SA is an investment holding company which specializes in the field of sports and entertainment sector. It focuses on professional football. Gentlemen's Equity operates in the Asset Management industry within the Financial Services 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 Gentlemen's Equity stock from India?

Yes. Indian residents and NRIs can buy Gentlemen's Equity (MLGEQ) shares directly through Paasa. Gentlemen's Equity is listed on Euronext Paris, in the Asset Management industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.

How are Gentlemen's Equity dividends taxed for Indian investors?

Gentlemen's Equity trades on Euronext Paris but is domiciled in Portugal, so any withholding on its dividends follows that country's rules rather than those of France. 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 Gentlemen's Equity shares?

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 EUR/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.

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