London Stock Exchange · Consumer Defensive
Invest in Wellnex Life stock from India
Indian and foreign residents can buy Wellnex Life (WNX) shares directly through Paasa.
By Paasa · Updated
Wellnex Life at a glance
- Price
- £0.06+£0.00 (0.00%)
- Market cap
- £4.02M
- Day range
- £0.06 – £0.06
- P/E
- -1.20
- Dividend yield
- None
- Volume
- 0.00
- 1 month
- +0.00%
- 6 months
- -35.29%
- YTD
- -8.33%
- 1 year
- -59.26%
- 5 years
- —
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| Zambeef Products | ZAM.L | £0.05 | £30.45M |
| Creightons | CRL.L | £0.22 | £14.73M |
| Revolution Beauty | REVB.L | £0.05 | £14.38M |
| Dekel Agri-Vision | DKL.L | £0.00 | £4.24M |
| Malvern International | MLVN.L | £0.17 | £4.22M |
| Ukrproduct | UKR.L | £0.08 | £3.09M |
| Northcoders | CODE.L | £0.19 | £1.53M |
| Distil | DIS.L | £0.00 | £1.30M |
Peers as grouped by the data provider. This is not an investment recommendation.
How to invest in Wellnex Life 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 GBP when you buy.
Step 3
Search WNX and buy
Find Wellnex Life by name or by its ticker, WNX, and place your order.
Why invest in Wellnex Life from India
What Wellnex Life does
Wellnex Life Limited, together with its subsidiaries, develops, markets, and sells health and wellness products in Australia, New Zealand, and the United Kingdom. The company offers topical anti-inflammatory creams, sprays, and roll-ons under the Pain Away brand; caffeine energy liquid capsules and multivitamins under the Wakey Wakey brand; sleep aid products under the Nighty Night brand; teeth whitening solutions under the Mr. Bright brand; pain relief capsules under the Wagner Liquigesics brand; medicinal cannabis under the Wellness Life brand; and over-the-counter medicines under the Pha… Wellnex Life 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 Wellnex Life stock from India?
Yes. Indian residents and NRIs can buy Wellnex Life (WNX) shares directly through Paasa. Wellnex Life is listed on the London Stock Exchange, 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.
How are Wellnex Life dividends taxed for Indian investors?
Wellnex Life trades on the London Stock Exchange but is domiciled in Australia, 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 Wellnex Life 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 Wellnex Life 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.