Milan Station Holdings Limited
Milan Station Holdings Limited (HKSE: 1150) is trading at HK$0.08, about ₹1 at today's HKD/INR rate, as of 29 Sep 2026, 1:44 AM ET, up 2.60% today. Indian residents can buy Milan Station from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$0.08
Today's high
HK$0.08
52 week low
HK$0.05
52 week high
HK$0.30
1150 opened at HK$0.08, closed previously at HK$0.08, and has traded between HK$0.05 and HK$0.30 over the past 52 weeks.
About
Milan Station Holdings Limited operates as an investment holding company, with its core business centered on the retail of luxury goods, fashion accessories, and spa and wellness products. The company serves customers across Hong Kong, Macau, and Mainland China, offering a diverse inventory that includes both new and pre-owned handbags, timepieces, natural aroma and skincare items, and various other adornments. It manages a network of physical retail outlets branded as Milan Station, MS, and THANN, and also maintains a strong online sales presence. In addition to its primary commercial activities, Milan Station Holdings extends its operations into financial services, specifically money lending and securities trading. The company was established in 2007 and has its headquarters located in Kowloon, Hong Kong.
Key statistics
Avg. volume
121.93K
Market cap
HK$83.50M
P/E Ratio
8.06
Price-to-sales ratio
0.67
Enterprise value
HK$198.53M
Free cash flow yield
-0.60%
Debt-to-equity ratio
0.37
Return on equity
2.04%
ROIC
-13.33%
Beta
-0.47
Dividend yield
0.00%
Last dividend
HK$0.00
Financial overview
Revenue
HK$125.27M
Earnings per share
HK$0.00
Free cash flow
-HK$1.06M
Net profit margin
8.33%
Gross margin
8.22%
EBITDA
-HK$14.39M
Revenue growth
11.99%
Similar securities
This is not an investment recommendation
How to buy Milan Station from India
Indian residents can buy Milan Station 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 Milan Station and place an order
Find Milan Station by name or by its ticker, 1150, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Milan Station trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Milan Station position in HKD and INR. Milan Station pays no dividend today, so your filing is the capital-gains statement plus the Schedule FA holding line.
Read the full guide: how to invest in Milan Station from India
Trading and taxes when buying Milan Station 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
- NoneMilan Station does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.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 Milan Station stock?
Yes. Milan Station (1150) has been listed on the Hong Kong Stock Exchange since 2011, in the Luxury Goods 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 Milan Station share cost in rupees?
One Milan Station share is HK$0.08 — about ₹1 at an HKD/INR rate of 12.24 on 29 Sep 2026. Both the Milan Station 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 Milan Station 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 Milan Station?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Milan Station 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 Milan Station price. Paasa issues a capital-gains statement for your return.
Does Milan Station pay a dividend?
No. Milan Station does not currently pay a dividend, so holding it produces no dividend income to declare in India. If it starts paying one, the Indian treatment is the usual one — dividends are taxed at your slab rate in India — and Paasa's dividend report would show the gross amount and any tax withheld.
When can I trade Milan Station 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 Milan Station shares held from India?
Hong Kong has no estate duty.
Do I have to declare Milan Station 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 Milan Station holding, its cost and its closing value.
How do I sell Milan Station 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.