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London Stock Exchange · Basic Materials

Invest in Zanaga Iron Ore stock from India

Indian and foreign residents can buy Zanaga Iron Ore (ZIOC) shares directly through Paasa.

By Paasa · Updated

Zanaga Iron Ore at a glance

Price
£0.04+£0.00 (0.28%)
Market cap
£35.28M
Day range
£0.04 – £0.04
P/E
-5.25
Dividend yield
None
Volume
104.13K
1 month
+11.25%
6 months
-32.58%
YTD
-57.52%
1 year
-56.27%
5 years
-19.00%

Live chart and statistics

Zanaga Iron Ore statements, FY2021–FY2025

Fiscal year20252024202320222021
Revenue$0.0$0.0$0.0$0.0$0.0
Gross profit$0.0$0.0$0.0$0.0$0.0
Operating income−$7.3M−$2.3M−$2.7M$8.1M−$1.9M
Net income−$7.2M−$2.3M−$2.7M$8.1M−$1.9M
Earnings per share−$0.01−$0.00−$0.00$0.03−$0.01
EBITDA−$7.3M−$2.2M−$2.7M−$461.0K−$1.2M
Total assets$87.5M$86.3M$88.0M$86.4M$37.9M
Total debt$77.0K$91.0K$1.8M$500.0K$0.0
Cash and short-term investments$1.3M$110.0K$899.0K$310.0K$387.0K
Shareholders' equity$86.5M$85.5M$85.8M$85.2M$37.7M
Operating cash flow−$5.5M−$1.2M−$1.8M−$97.0K−$873.0K
Free cash flow−$5.5M−$1.2M−$1.8M−$97.0K−$873.0K
Capital expenditure$0.0$0.0$0.0$0.0$0.0

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
Andrada MiningATM.L£0.07£14.95B
Atlantic LithiumALL.L£0.15£11.96B
IofinaIOF.L£0.53£10.17B
First Tin1SN.L£0.13£7.04B
Helix ExplorationHEX.L£0.25£6.91B
Orosur MiningOMI.L£0.17£6.90B
Panthera ResourcesPAT.L£0.26£6.76B
Kodal MineralsKOD.L£0.00£5.52B

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

How to invest in Zanaga Iron Ore 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 ZIOC and buy

    Find Zanaga Iron Ore by name or by its ticker, ZIOC, and place your order.

Why invest in Zanaga Iron Ore from India

What Zanaga Iron Ore does

Zanaga Iron Ore Company Limited functions as an investment holding enterprise, primarily dedicated to the discovery and cultivation of iron ore resources. Its most prominent venture is the Zanaga Iron Ore Project, which is geographically positioned in the southwestern part of the Republic of Congo. Zanaga Iron Ore operates in the Steel industry within the Basic Materials 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 Zanaga Iron Ore stock from India?

Yes. Indian residents and NRIs can buy Zanaga Iron Ore (ZIOC) shares directly through Paasa. Zanaga Iron Ore is listed on the London Stock Exchange, in the Steel 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 Zanaga Iron Ore dividends taxed for Indian investors?

Zanaga Iron Ore trades on the London Stock Exchange but is domiciled in British Virgin Islands, 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 Zanaga Iron Ore 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 Zanaga Iron Ore 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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