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217AFWBMarket openCloses 8:00pm CET

VNET Group, Inc.

€4.91Last updated
+€0.13 (2.72%)Past day
Timezone

VNET Group, Inc. (FWB: 217A) is trading at €4.91, about ₹534 at today's EUR/INR rate, as of 1 Oct 2026, 2:10 AM ET, up 2.72% today. Indian residents can buy VNET from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:€4.91
Previous close:€4.78
Volume:300.00

Today's low

€4.91

Today's high

€4.91

52 week low

€4.78

52 week high

€12.10

217A opened at €4.91, closed previously at €4.78, and has traded between €4.78 and €12.10 over the past 52 weeks.

About

VNET Group, Inc., operating as an investment holding company in China, specializes in delivering a comprehensive suite of hosting and associated digital infrastructure services. Its offerings include managed hosting, such as retail colocation, which dedicates data center space for client servers and networking equipment, allowing them to lease partial or full cabinets. This segment also provides server administration and interconnectivity solutions, enabling seamless server communication. Furthermore, the company offers various value-added services like hybrid IT configurations, bare metal server access, robust firewall protection, server load balancing, comprehensive data backup and recovery, and extensive data center and server management, alongside backup server provisions. Cloud computing services are available, empowering clients to deploy applications over the internet by leveraging scalable IT infrastructure. Additionally, VPN (Virtual Private Network) services facilitate the secure extension of private networks across the public internet. Beyond hosting, VNET Group also provides critical operational support, including operating system maintenance and update assistance, continuous server monitoring, thorough backup and restoration, security evaluations, advanced firewall management, and disaster recovery planning. The company extends its expertise to site selection, planning, design, and construction services for both wholesale and retail data center facilities. Its diverse clientele spans the information technology and cloud sectors, communications and social media, gaming and entertainment, e-commerce, automotive, and financial services industries. The company proudly serves blue-chip corporations, small-to-mid-sized enterprises, government entities, individual users, and telecommunication providers. As of December 31, 2021, VNET Group managed 78,540 cabinets across a network comprising 40 proprietary data centers and 64 facilities operated in partnership. Originally established in 1999 as 21Vianet Group, Inc., the company rebranded to VNET Group, Inc. in October 2021. Its headquarters are located in Beijing, People's Republic of China.

Country
CN
CEO
Sheng Chen
Exchange listed on
FWB
Industry
Information Technology Services
Base currency
EUR
Full Time Employees
2,784
Sector
Technology
IPO date
29/04/2011

Key statistics

Avg. volume

38.00

Market cap

€1.37B

P/E Ratio

-4.29

Price-to-sales ratio

0.97

Enterprise value

CN¥36.64B

Free cash flow yield

-37.44%

Debt-to-equity ratio

7.52

Return on equity

-4.01%

ROIC

-0.61%

Beta

0.30

Dividend yield

0.00%

Last dividend

€0.00

Financial overview

Revenue

CN¥9.68B

Earnings per share

-CN¥0.90

Free cash flow

-CN¥5.95B

Net profit margin

-22.33%

Gross margin

20.49%

EBITDA

CN¥2.70B

Revenue growth

17.19%

Similar securities

This is not an investment recommendation

How to buy VNET from India

Indian residents can buy VNET 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.

  1. 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.

  2. 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 EUR.

  3. Search for VNET and place an order

    Find VNET by name or by its ticker, 217A, and choose an order type. VNET trades 11:30 am – 11:30 pm IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your VNET position in EUR and INR. VNET 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 VNET from India

Trading and taxes when buying VNET from India

Trading and limits

Trading hours
8:00 am – 8:00 pm CET
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
NoneVNET does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained

Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.

FAQs

Can Indian residents buy VNET stock?

Yes. VNET (217A) has been listed on the Frankfurt Stock Exchange since 2011, in the Information Technology Services 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 EUR. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.

How much does one VNET share cost in rupees?

One VNET share is €4.91 — about ₹534 at an EUR/INR rate of 108.84 on 30 Sep 2026. Both the VNET 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 VNET 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.

How are gains on VNET 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 EUR/INR rate on the purchase and the sale date, so the rupee move counts alongside the VNET price. Paasa issues a capital-gains statement for your return.

Does VNET pay a dividend?

No. VNET 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 VNET from India?

The Frankfurt Stock Exchange trades 11:30 am – 11:30 pm IST in Indian time. The window shifts to 12:30 pm – 12:30 am IST when Germany is on standard time. Orders can only execute during that window.

Is VNET a Germany company, and does that change how it is taxed?

VNET trades on the Frankfurt Stock Exchange in EUR, but the company is domiciled in China. VNET trades as an ordinary share listed directly in Germany, not a depositary receipt. Your India-side capital-gains treatment is the same either way.

Do I have to declare VNET 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 VNET holding, its cost and its closing value.

How do I sell VNET and bring the money back to India?

You sell during market hours (11:30 am – 11:30 pm IST) and the proceeds settle in EUR 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.

Does the rupee rate affect what I make on VNET?

Yes. VNET is priced in EUR, so your rupee outcome combines the EUR move with the EUR/INR move between the day you remit and the day you convert back. Both directions are reflected in the capital-gains statement Paasa issues.