Euronext Paris · Consumer Defensive
Invest in N4 stock from India
Indian and foreign residents can buy N4 (ALN4) shares directly through Paasa.
By Paasa · Updated
N4 at a glance
- Price
- €22.97+€1.07 (4.86%)
- Market cap
- €257.52M
- Day range
- €22.68 – €23.59
- P/E
- —
- Dividend yield
- None
- Volume
- 1.13K
How to invest in N4 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 ALN4 and buy
Find N4 by name or by its ticker, ALN4, and place your order.
Why invest in N4 from India
What N4 does
N4 Group S.A. manufactures and distributes sports nutrition, beauty, dietary supplements, and fitness equipment. It retails fitness and sports nutrition equipment, including cardio and strength training equipment and supplements under the FitnessBoutique brand name. N4 operates in the Packaged Foods industry within the Consumer Defensive 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 N4 stock from India?
Yes. Indian residents and NRIs can buy N4 (ALN4) shares directly through Paasa. N4 is listed on Euronext Paris, in the Packaged Foods 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 N4 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.