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London Stock Exchange · Financial Services

Invest in Puma Alpha VCT stock from India

Indian and foreign residents can buy Puma Alpha VCT (PUAL) shares directly through Paasa.

By Paasa · Updated

Puma Alpha VCT at a glance

Price
£0.86+£0.00 (0.00%)
Market cap
£30.89M
Day range
£0.86 – £0.86
P/E
-7.77
Dividend yield
None
Volume
0.00
1 month
+0.00%
6 months
-5.52%
YTD
-12.31%
1 year
-12.31%
5 years
-18.57%

Live chart and statistics

Puma Alpha VCT statements, FY2021–FY2025

Fiscal year20252024202320222021
Revenue−£3.2M−£1.3M−£3.8M−£92.0K£3.3M
Gross profit−£3.2M−£1.3M−£3.8M−£535.0K£2.5M
Operating income−£3.7M−£1.8M−£4.1M−£386.0K£3.0M
Net income−£3.7M−£1.8M−£4.1M−£386.0K£3.0M
Earnings per share−£0.11−£0.07−£0.18−£0.02£0.26
EBITDA−£3.7M−£1.8M£0.0£0.0£3.0M
Total assets£32.1M£34.1M£28.7M£24.3M£17.9M
Total debt£0.0£0.0£0.0£0.0£0.0
Cash and short-term investments£976.0K£992.0K£6.2M£3.9M£2.0M
Shareholders' equity£31.3M£30.7M£27.7M£24.1M£17.2M
Operating cash flow−£21.0K−£2.1M−£802.0K−£1.2M−£494.0K
Free cash flow−£21.0K−£2.1M−£802.0K−£1.2M−£494.0K
Capital expenditure£0.0£0.0£0.0£0.0£0.0

Fiscal years as reported, the latest ending 28 Feb 2026. Figures in GBP; a dash means the provider reported nothing for that line.

Peer comparison

CompanyTickerPriceMarket cap
Calculus VCTCLC.L£0.50£4.90B
BlackRock Income and Growth Investment TrustBRIG.L£2.33£4.41B
Foresight Solar & Technology VCTFWT.L£0.84£4.24B
Vanguard U.K. Investment Grade Bond Index Fund Institutional Plus GBP Acc0P000147MD.L£1.32£4.10B
Vanguard U.K. Investment Grade Bond Index Fund GBP Dist0P00009WXM.L£0.49£4.09B
Vanguard UK Invm Grd Bd Idx Ins Pl £Dist0P000147ME.L£0.91£4.08B
Vanguard U.K. Investment Grade Bond Index Fund GBP Acc0P0000FXJW.L£1.03£4.08B
Chelverton UK Dividend TrustSDV.L£1.41£3.15B

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

How to invest in Puma Alpha VCT 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 PUAL and buy

    Find Puma Alpha VCT by name or by its ticker, PUAL, and place your order.

Why invest in Puma Alpha VCT from India

What Puma Alpha VCT does

Headquartered in London, United Kingdom, Puma Alpha VCT Plc was established on April 11, 2019. This entity functions as an investment firm, primarily focused on acquiring stakes in shares and various financial instruments. Puma Alpha VCT 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.

Here's what inheritance rules in the UK mean for your Puma Alpha VCT 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 Puma Alpha VCT stock from India?

Yes. Indian residents and NRIs can buy Puma Alpha VCT (PUAL) shares directly through Paasa. Puma Alpha VCT is listed on the London Stock Exchange, 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 Puma Alpha VCT dividends taxed for Indian investors?

Puma Alpha VCT 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 Puma Alpha VCT 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 Puma Alpha VCT 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 Puma Alpha VCT alone.

Is there stamp duty when I buy Puma Alpha VCT 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.

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