Asia Grocery Distribution Limited
Asia Grocery Distribution Limited (HKSE: 8413) is trading at HK$0.06, about ₹1 at today's HKD/INR rate, as of 25 Sep 2026, 3:55 AM ET, down 1.61% today. Indian residents can buy Asia Grocery Distribution from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$0.06
Today's high
HK$0.06
52 week low
HK$0.04
52 week high
HK$0.32
8413 opened at HK$0.06, closed previously at HK$0.06, and has traded between HK$0.04 and HK$0.32 over the past 52 weeks.
About
Operating as an investment holding company, Asia Grocery Distribution Limited is a key player in the sourcing and distribution of food and beverage items throughout Hong Kong. Its comprehensive product portfolio includes staple commodities like rice, wheat flour, noodles, edible oils, sugar, and salt. The company also offers a wide selection of packaged foods, from preserved, canned, and frozen meats and vegetables to various snacks and ready-to-eat meals. Beyond groceries, they supply an array of kitchen and hygiene products, such as food wraps (e.g., cling film, baking sheets, foil), cleaning supplies (detergents, bleaches, liquid soaps), general household goods (tissue paper, toothpicks, towels), and personal protective gear (face masks, gloves). Complementing these are diverse sauces, condiments, dairy products, eggs, and a curated range of beverages and wines. Asia Grocery Distribution also extends its services to include product procurement, custom repackaging, rigorous quality assurance, secure warehousing, efficient logistics, and various other value-added solutions. Their extensive customer base spans restaurants, institutional food service providers, hotels, private clubs, food processors, and wholesalers. Founded in 1975 and headquartered in Kowloon, Hong Kong, the company operates as a subsidiary of Sky Alpha Investments Limited.
Key statistics
Avg. volume
1.53M
Market cap
HK$70.88M
P/E Ratio
25.42
Price-to-sales ratio
0.20
Enterprise value
HK$10.51M
Free cash flow yield
21.15%
Debt-to-equity ratio
0.10
Return on equity
2.88%
ROIC
1.30%
Beta
-0.70
Dividend yield
0.00%
Last dividend
HK$0.00
Financial overview
Revenue
HK$281.99M
Earnings per share
HK$0.00
Free cash flow
HK$15.30M
Net profit margin
0.82%
Gross margin
21.76%
EBITDA
HK$5.45M
Revenue growth
-6.80%
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This is not an investment recommendation
How to buy Asia Grocery Distribution from India
Indian residents can buy Asia Grocery Distribution 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 Asia Grocery Distribution and place an order
Find Asia Grocery Distribution by name or by its ticker, 8413, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Asia Grocery Distribution trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Asia Grocery Distribution position in HKD and INR. Asia Grocery Distribution 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 Asia Grocery Distribution from India
Trading and taxes when buying Asia Grocery Distribution 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
- NoneAsia Grocery Distribution 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 Asia Grocery Distribution stock?
Yes. Asia Grocery Distribution (8413) has been listed on the Hong Kong Stock Exchange since 2017, in the Food Distribution 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 Asia Grocery Distribution share cost in rupees?
One Asia Grocery Distribution share is HK$0.06 — about ₹1 at an HKD/INR rate of 12.23 on 26 Sep 2026. Both the Asia Grocery Distribution 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 Asia Grocery Distribution 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 Asia Grocery Distribution?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Asia Grocery Distribution 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 Asia Grocery Distribution price. Paasa issues a capital-gains statement for your return.
Does Asia Grocery Distribution pay a dividend?
No. Asia Grocery Distribution 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 Asia Grocery Distribution 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 Asia Grocery Distribution shares held from India?
Hong Kong has no estate duty.
Do I have to declare Asia Grocery Distribution 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 Asia Grocery Distribution holding, its cost and its closing value.
How do I sell Asia Grocery Distribution 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.