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London Stock Exchange · Technology

Invest in Roundhouse AI stock from India

Indian and foreign residents can buy Roundhouse AI (RHAI) shares directly through Paasa.

By Paasa · Updated

Roundhouse AI at a glance

Price
£0.07+£0.00 (3.57%)
Market cap
£20.45M
Day range
£0.07 – £0.07
P/E
—
Dividend yield
None
Volume
434.35K

Live chart and statistics

How to invest in Roundhouse AI 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 RHAI and buy

    Find Roundhouse AI by name or by its ticker, RHAI, and place your order.

Why invest in Roundhouse AI from India

What Roundhouse AI does

Roundhouse AI LTD. operates as a technology services provider that develops and provides artificial intelligence (AI) agent deployment infrastructure. It provides enterprises and investors with access to AI agent infrastructure, including platforms and automation systems powered Ethereum technologies; and AI infrastructure, platform licensing, and consulting services. Roundhouse AI operates in the Software - Infrastructure 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 Roundhouse AI stock from India?

Yes. Indian residents and NRIs can buy Roundhouse AI (RHAI) shares directly through Paasa. Roundhouse AI is listed on the London Stock Exchange, in the Software - Infrastructure 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 Roundhouse AI dividends taxed for Indian investors?

Roundhouse AI trades on the London Stock Exchange but is domiciled in Singapore, so any withholding on its dividends follows that country's rules rather than those of the UK. 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 Roundhouse AI 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.

Is there stamp duty when I buy Roundhouse AI 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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