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NASDAQ · Real Estate

Invest in Star stock from India

Indian and foreign residents can buy Star (STHO) shares directly through Paasa.

By Paasa · Updated

Star at a glance

Price
$8.51-$0.07 (0.82%)
Market cap
$102.88M
Day range
$8.19 – $8.59
P/E
6.98
Dividend yield
None
Volume
40.26K
1 month
-13.60%
6 months
+15.78%
YTD
+3.40%
1 year
+2.78%
5 years
—

Live chart and statistics

Star statements, FY2021–FY2025

Fiscal year20252024202320222021
Revenue$110.1M$88.9M$101.2M$96.1M$221.8M
Gross profit$21.3M−$25.6M−$28.9M−$17.2M$4.7M
Operating income$12.5M−$12.1M−$32.0M−$62.5M−$19.2M
Net income−$64.2M−$86.8M−$196.4M−$36.3M$62.7M
Earnings per share−$4.90−$6.51−$14.74−$2.73$4.71
EBITDA−$47.2M−$68.3M−$168.7M$10.6M$143.1M
Total assets$570.2M$608.7M$669.2M$1.0B—
Total debt$269.4M$218.4M$194.4M$2.0M—
Cash and short-term investments$50.1M$35.0M$50.7M$4.2M—
Shareholders' equity$251.8M$324.3M$411.6M$971.5M—
Operating cash flow−$11.7M−$31.3M−$18.7M−$27.4M$8.5M
Free cash flow−$66.4M−$67.2M−$32.8M−$49.8M−$16.1M
Capital expenditure−$54.8M−$35.9M−$14.1M−$22.5M−$24.6M

Fiscal years as reported, the latest ending 31 Dec 2025. Figures in USD; a dash means the provider reported nothing for that line.

Peer comparison

CompanyTickerPriceMarket cap
ComstockLODE$2.33$176.68M
Cherry Hill Mortgage InvestmentCHMI$2.62$96.07M
J.W. MaysMAYS$40.10$80.83M
Altisource Portfolio SolutionsASPS$6.28$71.66M
RafaelRFL$1.24$63.70M
AlsetAEI$0.78$30.36M
Lument Finance TrustLFT$5.52$28.95M
Offerpad SolutionsOPAD$3.32$16.04M

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

How to invest in Star 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.

  3. Step 3

    Search STHO and buy

    Find Star by name or by its ticker, STHO, and place your order. Fractional shares are available and there is no minimum trade size, so you can buy by amount instead of whole shares.

Why invest in Star from India

What Star does

Star Holdings specializes in commercial real estate operations across the United States, specifically focusing on ventures that do not involve ground leases. The company's portfolio predominantly features equity interests in residential development initiatives like the Asbury Park Waterfront and Magnolia Green. Star operates in the Real Estate - Services industry within the Real Estate sector.

Hold a dollar asset

Star shares are priced in US dollars, so a weaker rupee adds to what they're worth in rupees. The rupee depreciated over 85% against the dollar between 2010 and 2025.

Buy a fraction of a share

Buy by amount, not by share, and get the matching fraction of one Star share. There is no minimum trade size.

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.

Planning to hold more than $60,000 in US stocks? Here's what US estate tax means for you.

US-listed shares held in your own name fall under US estate tax rules. If your US holdings cross $60,000, the amount above that can be taxed at up to 40% when the account passes to your family.

There are two ways to plan for it: keep the right estate documentation in place, or get your real estate exposure through a UCITS ETF instead, which sits outside US estate tax.

How US estate tax works See UCITS options

Frequently asked questions

Can I buy Star stock from India?

Yes. Indian residents and NRIs can buy Star (STHO) shares directly through Paasa. Star is listed on NASDAQ, in the Real Estate - Services industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.

Do I need to buy a full Star share?

No. You can buy part of one Star share and add to your position over time. One share is $8.51, and you can buy whole shares or any fraction; there is no minimum trade size.

How are Star dividends taxed for Indian investors?

Star does not currently pay a dividend, so there is nothing to withhold or declare today. If it starts paying one, the US withholds 25% tax on dividends before they reach you; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit when you file in India, and dividends are taxed at your slab rate in India.

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

The US does not levy capital gains tax on shares for Indian residents. 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 USD/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 Star shares if I pass away?

US-listed shares held in your own name fall under US estate tax rules. If your US holdings cross $60,000, the amount above that can be taxed at up to 40% when the account passes to your family. There are two ways to plan for it: keep the right estate documentation in place, or get your real estate exposure through a UCITS ETF instead, which sits outside US estate tax. Paasa's US estate tax calculator shows the exposure for a given portfolio value.

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