Ridge Outdoor Intl Ltd
Ridge Outdoor Intl Ltd (HKSE: 2720) is trading at HK$24.02, about ₹294 at today's HKD/INR rate, as of 29 Sep 2026, 3:55 AM ET, down 3.92% today. Indian residents can buy Ridge Outdoor Intl from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$24.00
Today's high
HK$25.00
52 week low
HK$18.42
52 week high
HK$39.50
2720 opened at HK$25.00, closed previously at HK$25.00, and has traded between HK$18.42 and HK$39.50 over the past 52 weeks.
About
Ridge Outdoor International Limited engages in the design and manufacturing of fishing-related equipment and fishing tackle equipment. The company's products include chairs, bedchairs and other accessories, such as fishing chairs, fishing bedchairs, rod pods, barrows and seatboxes; bags, such as shoulder bags, fishing backpacks and rod holdalls; and tents, such as bivvies, social bivvies and shelters. Its products serve a wide range of fishing scenarios such as carp fishing, match fishing, lure fishing, fly fishing and ice fishing. The company provides solutions for rest, camping, storage, shelving and transportation. The company was formerly known as Ridge International Limited and changed its name to Ridge Outdoor International Limited in November 2024. Ridge Outdoor International Limited was founded in 1993 and is headquartered in Hangzhou, China. Ridge Outdoor International Limited operates as a subsidiary of GreatCast International Limited.
Key statistics
Avg. volume
41.94K
Market cap
HK$3.08B
P/E Ratio
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Price-to-sales ratio
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Enterprise value
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Free cash flow yield
—
Debt-to-equity ratio
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Return on equity
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ROIC
—
Beta
1.47
Dividend yield
—
Last dividend
HK$0.00
Financial overview
Revenue
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Earnings per share
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Free cash flow
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Net profit margin
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Gross margin
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EBITDA
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Revenue growth
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How to buy Ridge Outdoor Intl from India
Indian residents can buy Ridge Outdoor Intl 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 Ridge Outdoor Intl and place an order
Find Ridge Outdoor Intl by name or by its ticker, 2720, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Ridge Outdoor Intl trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Ridge Outdoor Intl position in HKD and INR. Ridge Outdoor Intl 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 Ridge Outdoor Intl from India
Trading and taxes when buying Ridge Outdoor Intl 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
- NoneRidge Outdoor Intl 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 Ridge Outdoor Intl stock?
Yes. Ridge Outdoor Intl (2720) has been listed on the Hong Kong Stock Exchange since 2026, in the Leisure 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 Ridge Outdoor Intl share cost in rupees?
One Ridge Outdoor Intl share is HK$24.02 — about ₹294 at an HKD/INR rate of 12.25 on 28 Sep 2026. Both the Ridge Outdoor Intl 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 Ridge Outdoor Intl 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 Ridge Outdoor Intl?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Ridge Outdoor Intl 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 Ridge Outdoor Intl price. Paasa issues a capital-gains statement for your return.
Does Ridge Outdoor Intl pay a dividend?
No. Ridge Outdoor Intl 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 Ridge Outdoor Intl 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 Ridge Outdoor Intl a Hong Kong SAR China company, and does that change how it is taxed?
Ridge Outdoor Intl trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in China. Ridge Outdoor Intl trades as an ordinary share listed directly in Hong Kong, not a depositary receipt. Your India-side capital-gains treatment is the same either way.
Do I have to declare Ridge Outdoor Intl 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 Ridge Outdoor Intl holding, its cost and its closing value.
How do I sell Ridge Outdoor Intl 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.