Plover Bay Technologies Limited
Plover Bay Technologies Limited (HKSE: 1523) is trading at HK$7.37, about ₹90 at today's HKD/INR rate, as of 30 Sep 2026, 4:08 AM ET. Indian residents can buy Plover Bay Technologies from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$7.29
Today's high
HK$7.48
52 week low
HK$5.70
52 week high
HK$9.85
1523 opened at HK$7.37, closed previously at HK$7.37, and has traded between HK$5.70 and HK$9.85 over the past 52 weeks.
About
Plover Bay Technologies Limited functions as an investment holding company with a global presence, primarily engaged in the creation, production, promotion, and distribution of software-defined wide area network (SD-WAN) routers. The company additionally offers software licensing, comprehensive warranties, and ongoing support services for its products. These offerings are marketed and distributed under the distinct Peplink and Pepwave brands. Furthermore, the group maintains involvement in the property holding sector. Plover Bay Technologies Limited was established in 2006 and its principal offices are located in Lai Chi Kok, Hong Kong.
Key statistics
Avg. volume
1.09M
Market cap
HK$8.15B
P/E Ratio
19.93
Price-to-sales ratio
7.33
Enterprise value
$793.20M
Free cash flow yield
6.25%
Debt-to-equity ratio
0.13
Return on equity
77.16%
ROIC
58.75%
Beta
0.65
Dividend yield
5.14%
Last dividend
HK$0.38
Financial overview
Revenue
$130.14M
Earnings per share
$0.04
Free cash flow
$53.12M
Net profit margin
36.33%
Gross margin
57.52%
EBITDA
$53.47M
Revenue growth
11.43%
Similar securities
This is not an investment recommendation
How to buy Plover Bay Technologies from India
Indian residents can buy Plover Bay Technologies 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 Plover Bay Technologies and place an order
Find Plover Bay Technologies by name or by its ticker, 1523, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Plover Bay Technologies trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Plover Bay Technologies 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 Plover Bay Technologies from India
Trading and taxes when buying Plover Bay Technologies 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. Plover Bay Technologies’ current yield is 5.14%.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 Plover Bay Technologies stock?
Yes. Plover Bay Technologies (1523) has been listed on the Hong Kong Stock Exchange since 2016, in the Communication Equipment 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 Plover Bay Technologies share cost in rupees?
One Plover Bay Technologies share is HK$7.37 — about ₹90 at an HKD/INR rate of 12.24 on 29 Sep 2026. Both the Plover Bay Technologies 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 Plover Bay Technologies 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 Plover Bay Technologies?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Plover Bay Technologies 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 Plover Bay Technologies price. Paasa issues a capital-gains statement for your return.
Does Plover Bay Technologies pay a dividend, and how is it taxed in India?
Yes. Plover Bay Technologies pays a dividend and the current yield is 5.14%; the last declared dividend was HK$0.38 per share, about ₹4.63. 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 Plover Bay Technologies 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 Plover Bay Technologies shares held from India?
Hong Kong has no estate duty.
Do I have to declare Plover Bay Technologies 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 Plover Bay Technologies holding, its cost and its closing value.
How do I sell Plover Bay Technologies 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.