Frankfurt Stock Exchange · Technology
Invest in Gigaset stock from India
Indian and foreign residents can buy Gigaset (GGS) shares directly through Paasa.
By Paasa · Updated
Gigaset at a glance
- Price
- €0.01+€0.00 (0.00%)
- Market cap
- €1.46M
- Day range
- €0.01 – €0.01
- P/E
- -0.12
- Dividend yield
- None
- Volume
- 2.67K
- 1 month
- -23.61%
- 6 months
- -45.54%
- YTD
- -26.67%
- 1 year
- -59.26%
- 5 years
- -96.59%
Gigaset statements, FY2021–FY2024
| Fiscal year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Revenue | €0.0 | €961.7K | €934.9K | €217.1M |
| Gross profit | €698.3K | €2.0M | €903.2K | €124.8M |
| Operating income | −€12.4M | −€3.8M | −€1.9M | €3.2M |
| Net income | −€12.4M | −€120.5M | −€2.5M | €463.0K |
| Earnings per share | −€0.09 | −€0.91 | −€0.02 | €0.00 |
| EBITDA | −€12.4M | −€3.7M | −€1.9M | €17.7M |
| Total assets | €37.3M | €25.3M | €191.5M | €192.2M |
| Total debt | €0.0 | €23.7M | €2.3M | €3.1M |
| Cash and short-term investments | €1.2M | €1.6M | €20.2M | €22.3M |
| Shareholders' equity | €0.0 | €0.0 | €24.6M | €8.0M |
| Operating cash flow | — | — | −€1.9M | €5.3M |
| Free cash flow | — | — | −€1.9M | €5.3M |
| Capital expenditure | — | — | €0.0 | €0.0 |
Fiscal years as reported, the latest ending 31 Dec 2024. Figures in EUR; a dash means the provider reported nothing for that line.
How to invest in Gigaset 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, and Interactive Brokers converts the dollars to EUR when you buy.
Step 3
Search GGS and buy
Find Gigaset by name or by its ticker, GGS, and place your order.
Why invest in Gigaset from India
What Gigaset does
Gigaset AG, a telecommunications firm headquartered in Bocholt, Germany, conducts business across Germany, the broader European continent, and international markets. Its operations are structured into four key segments: Phones, Smartphones, Smart Home, and Professional. Gigaset operates in the Communication Equipment industry within the Technology 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 Gigaset stock from India?
Yes. Indian residents and NRIs can buy Gigaset (GGS) shares directly through Paasa. Gigaset is listed on the Frankfurt Stock Exchange, in the Communication Equipment industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.
What tax do I pay in India when I sell Gigaset 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.