Paasa Logo

London Stock Exchange · Healthcare

Invest in Nuformix stock from India

Indian and foreign residents can buy Nuformix (NFX) shares directly through Paasa.

By Paasa · Updated

Nuformix at a glance

Price
£0.00-£0.00 (3.33%)
Market cap
£3.78M
Day range
£0.00 – £0.00
P/E
-3.08
Dividend yield
None
Volume
12.63M
1 month
-12.12%
6 months
-19.44%
YTD
-43.14%
1 year
-23.68%
5 years
-89.06%

Live chart and statistics

Nuformix statements, FY2020–FY2025

Fiscal year20252024202320212020
Revenue£0.0£0.0£0.0£50.0K£195.6K
Gross profit−£28.6K−£29.2K−£36.7K£11.3K£86.7K
Operating income−£660.6K−£3.6M−£618.6K−£1.3M−£1.4M
Net income−£652.6K−£3.6M−£573.0K−£1.1M−£1.3M
Earnings per share−£0.00−£0.00−£0.00−£0.00−£0.00
EBITDA−£631.9K−£477.2K−£581.9K−£1.2M−£1.3M
Total assets£1.0M£970.5K£4.4M£5.0M—
Total debt£0.0£0.0£0.0£0.0—
Cash and short-term investments£97.5K£20.2K£202.5K£464.1K—
Shareholders' equity£754.9K£715.6K£4.2M£4.7M—
Operating cash flow−£614.6K−£331.9K−£397.5K−£1.3M—
Free cash flow−£614.6K−£331.9K−£397.5K−£1.3M—
Capital expenditure£0.0£0.0£2.0£0.0—

Fiscal years as reported, the latest ending 30 Sep 2025. Figures in GBP; a dash means the provider reported nothing for that line.

Peer comparison

CompanyTickerPriceMarket cap
IXICOIXI.L£0.08£1.64B
Genflow BiosciencesGENF.L£0.02£1.12B
Cizzle BiotechnologyCIZ.L£0.02£722.44M
OptiBiotix HealthOPTI.L£0.06£604.31M
Tissue RegenixTRX.L£0.07£516.45M
TheracryfTCF.L£0.00£376.07M
Verici DxVRCI.L£0.00£351.01M
Oxford BioDynamicsOBD.L£0.00£257.79M

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

How to invest in Nuformix 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 GBP when you buy.

  3. Step 3

    Search NFX and buy

    Find Nuformix by name or by its ticker, NFX, and place your order.

Why invest in Nuformix from India

What Nuformix does

Nuformix plc, a pharmaceutical company based in the United Kingdom, specializes in developing therapies for fibrotic diseases and cancer, primarily through the innovative strategy of drug repurposing. Its current development portfolio includes NXP001, which has advanced beyond Phase 1 trials for application in oncology supportive care. Nuformix operates in the Biotechnology industry within the Healthcare 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.

Here's what inheritance rules in the UK mean for your Nuformix shares.

Shares in UK-incorporated companies are UK-situs assets and fall within UK Inheritance Tax, charged at 40% above the £325,000 threshold for non-residents.

About inheritance tax in the UK

Frequently asked questions

Can I buy Nuformix stock from India?

Yes. Indian residents and NRIs can buy Nuformix (NFX) shares directly through Paasa. Nuformix is listed on the London Stock Exchange, in the Biotechnology 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 Nuformix dividends taxed for Indian investors?

Nuformix does not currently pay a dividend, so there is nothing to withhold or declare today. If it starts paying one, the UK levies 0% withholding tax on company dividends paid to non-residents, and dividends are taxed at your slab rate in India.

What tax do I pay in India when I sell Nuformix shares?

Non-residents are exempt from UK capital gains tax on the disposal of listed 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 GBP/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.

What happens to my Nuformix shares if I pass away?

Shares in UK-incorporated companies are UK-situs assets and fall within UK Inheritance Tax, charged at 40% above the £325,000 threshold for non-residents. The rule looks at everything you hold there, not at Nuformix alone.

Is there stamp duty when I buy Nuformix shares?

The UK charges 0.5% Stamp Duty Reserve Tax when buying direct company shares electronically on the LSE; ETFs and UCITS funds do not attract it.

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