Golik Holdings Limited
Golik Holdings Limited (HKSE: 1118) is trading at HK$1.20, about ₹15 at today's HKD/INR rate, as of 7 Sep 2026, 7:09 AM ET, up 7.14% today. Indian residents can buy Golik from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$1.20
Today's high
HK$1.20
52 week low
HK$0.93
52 week high
HK$1.34
1118 opened at HK$1.20, closed previously at HK$1.12, and has traded between HK$0.93 and HK$1.34 over the past 52 weeks.
About
Golik Holdings Limited, an investment holding company, manufactures and sells metal products and building construction materials in Hong Kong, Macau, Mainland China, and internationally. The company offers elevator, crane, and oilfield ropes. It also provides steel wire products, such as carbon steel spring, piano, and bedding and seating spring wires; fibre optic cable strength members; aluminum conductor steel reinforced and galvanized low carbon steel wire for cable armouring products; galvanized steel wire strands; steel wire strand for fibre optic cables; and zinc-coated steel strand support for telecommunication cables. In addition, the company distributes reinforcing steel bars, sheet piles, and H-beams; and offers reinforcing steel products, services, and accessories, including tailored and standard fabric reinforcements, cut and bent reinforcements, prefabricated large diameter bored pile cages, lattice girders, rebar couplers, Hy-Rib formworks, and concreting accessories, as well as construction metal products, such as expanded metal meshes, beads and laths, lintels, and corrugated sheets. Further, the company produces and supplies ready mixed concrete for the construction industry; and operates a decoiling center and concrete batching plants. Additionally, it provides concrete and metal products, and reinforcing mesh; medical; and warehousing and handling services, as well as engages in the property holding and money lending activities. Golik Holdings Limited was founded in 1977 and is headquartered in Wan Chai, Hong Kong.
Key statistics
Avg. volume
8.98K
Market cap
HK$689.25M
P/E Ratio
4.62
Price-to-sales ratio
0.20
Enterprise value
HK$471.09M
Free cash flow yield
230.60%
Debt-to-equity ratio
0.21
Return on equity
10.02%
ROIC
8.05%
Beta
0.43
Dividend yield
5.83%
Last dividend
HK$0.07
Financial overview
Revenue
HK$3.62B
Earnings per share
HK$0.26
Free cash flow
HK$1.54B
Net profit margin
4.51%
Gross margin
19.74%
EBITDA
HK$318.60M
Revenue growth
4.94%
Similar securities
This is not an investment recommendation
How to buy Golik from India
Indian residents can buy Golik shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars and then to HKD.
Search for Golik and place an order
Find Golik by name or by its ticker, 1118, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Golik trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Golik position in HKD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in Golik from India
Trading and taxes when buying Golik from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm HKT
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. Golik’s current yield is 5.83%.Dividend tax explained
- Estate or inheritance tax
- May applyHong Kong has no estate duty.Estate tax explained
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy Golik stock?
Yes. Golik (1118) has been listed on the Hong Kong Stock Exchange since 2009, in the Steel industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars and then to HKD. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Golik share cost in rupees?
One Golik share is HK$1.20 — about ₹15 at an HKD/INR rate of 12.24 on 29 Sep 2026. Both the Golik price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Golik from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
What is the minimum I can buy of Golik?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Golik shares taxed in India?
Hong Kong generally does not levy capital gains tax on non-resident individual investors for HKEX-listed stocks, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the HKD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Golik price. Paasa issues a capital-gains statement for your return.
Does Golik pay a dividend, and how is it taxed in India?
Yes. Golik pays a dividend and the current yield is 5.83%; the last declared dividend was HK$0.07 per share, about ₹0.80. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Golik from India?
The Hong Kong Stock Exchange trades 7:00 am – 1:30 pm IST in Indian time. It also halts for lunch, 9:30 am – 10:30 am IST. Orders can only execute during that window.
Is there estate or inheritance tax on Golik shares held from India?
Hong Kong has no estate duty.
Do I have to declare Golik shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Golik holding, its cost and its closing value.
How do I sell Golik and bring the money back to India?
You sell during market hours (7:00 am – 1:30 pm IST) and the proceeds settle in HKD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.