Mayer Steel Pipe Corporation
Mayer Steel Pipe Corporation (TAI: 2020) is trading at NT$26.70, about ₹81 at today's TWD/INR rate, as of 30 Sep 2026, 1:30 AM ET, up 9.88% today. Mayer Steel Pipe is not currently available to trade on Paasa; this page shows its price, statistics and the Indian tax treatment for information.
Quote
Today's low
NT$26.70
Today's high
NT$26.70
52 week low
NT$20.60
52 week high
NT$26.70
2020 opened at NT$26.70, closed previously at NT$24.30, and has traded between NT$20.60 and NT$26.70 over the past 52 weeks.
About
Mayer Steel Pipe Corporation, together with its subsidiaries, engages in production and sales of black steel and galvanized steel pipes, and stainless-steel coils for pipes in Taiwan. It operates through Steel Department, Real Estate Investment Department, Investment Department, Mineral Trade Department, and Hotel Services Department segments. The company also offers zinc-coated steel, galvanized carbon steel, stainless steel, carbon steel pipes for mechanical structures, and plates. In addition, it is involved in the procurement of construction land to build public housing in independent and joint construction projects; development, leasing, and purchase and sale of properties; mineral resources trading; and hotel operations. The company was founded in 1959 and is headquartered in Taipei, Taiwan.
Key statistics
Avg. volume
374.22K
Market cap
NT$7.13B
P/E Ratio
12.84
Price-to-sales ratio
1.53
Enterprise value
NT$9.56B
Free cash flow yield
-8.77%
Debt-to-equity ratio
1.02
Return on equity
12.70%
ROIC
3.64%
Beta
0.23
Dividend yield
6.74%
Last dividend
NT$1.80
Financial overview
Revenue
NT$4.74B
Earnings per share
NT$2.13
Free cash flow
-NT$557.27M
Net profit margin
11.90%
Gross margin
20.74%
EBITDA
NT$526.51M
Revenue growth
-9.52%
Similar securities
This is not an investment recommendation
Mayer Steel Pipe for Indian investors
Mayer Steel Pipe is listed on the Taiwan Stock Exchange. It is not currently available to trade on Paasa; the figures on this page are for information, and the tax notes below apply to Indian residents who hold it.
Taxes on Mayer Steel Pipe for Indian residents
Trading and limits
- Trading hours
- 9:00 am – 1:30 pm SGT
- 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. Mayer Steel Pipe’s current yield is 6.74%.Dividend tax explained
FAQs
Can I buy Mayer Steel Pipe on Paasa?
Mayer Steel Pipe (2020) has been listed on the Taiwan Stock Exchange since 2000, in the Steel industry. Mayer Steel Pipe is not currently available to trade on Paasa; the figures on this page are for information. Indian residents who hold it through another broker still declare it under the rules below.
How much does one Mayer Steel Pipe share cost in rupees?
One Mayer Steel Pipe share is NT$26.70 — about ₹81 at a TWD/INR rate of 3.02 on 29 Sep 2026. Both the Mayer Steel Pipe price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for investing abroad 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.
How are gains on Mayer Steel Pipe shares taxed in India?
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 TWD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Mayer Steel Pipe price.
Does Mayer Steel Pipe pay a dividend, and how is it taxed in India?
Yes. Mayer Steel Pipe pays a dividend and the current yield is 6.74%; the last declared dividend was NT$1.80 per share, about ₹5.43. Dividends are taxed at your slab rate in India.
When does TAI trade, in Indian time?
The Taiwan Stock Exchange trades 6:30 am – 11:00 am IST in Indian time.
Do I have to declare Mayer Steel Pipe 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. The holding is reported with its cost and its closing value.
Does the rupee rate affect what I make on Mayer Steel Pipe?
Yes. Mayer Steel Pipe is priced in TWD, so your rupee outcome combines the TWD move with the TWD/INR move between the day you remit and the day you convert back.