Ocean One Holding Ltd.
Ocean One Holding Ltd. (HKSE: 9876) is trading at HK$2.96, about ₹36 at today's HKD/INR rate, as of 25 Sep 2026, 3:02 AM ET, down 1.83% today. Indian residents can buy Ocean One from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$2.96
Today's high
HK$3.01
52 week low
HK$2.01
52 week high
HK$5.29
9876 opened at HK$3.01, closed previously at HK$3.01, and has traded between HK$2.01 and HK$5.29 over the past 52 weeks.
About
Ocean One Holding Ltd., an investment holding company, engages in the import and wholesale of frozen seafood products in Hong Kong, Macau, Mainland China, Taiwan, and Japan. It offers crabs and roe; fish; octopuses and cuttlefishes; prawns; processed seafood products; scallops; oysters and surf clams; and miscellaneous products. The company is also involved in the property holding business. It serves frozen seafood resellers and frozen seafood catering service providers, such as restaurants, food chain stores, food processing operators, and other end customers. The company was founded in 2002 and is headquartered in Tsuen Wan, Hong Kong. Ocean One Holding Ltd. is a subsidiary of Karlson Holding Limited.
Key statistics
Avg. volume
80.56K
Market cap
HK$827.40M
P/E Ratio
21.46
Price-to-sales ratio
1.94
Enterprise value
HK$781.28M
Free cash flow yield
3.28%
Debt-to-equity ratio
0.00
Return on equity
12.55%
ROIC
11.08%
Beta
0.28
Dividend yield
1.42%
Last dividend
HK$0.04
Financial overview
Revenue
HK$426.40M
Earnings per share
HK$0.14
Free cash flow
HK$27.13M
Net profit margin
9.04%
Gross margin
16.06%
EBITDA
HK$52.35M
Revenue growth
7.71%
Similar securities
This is not an investment recommendation
How to buy Ocean One from India
Indian residents can buy Ocean One 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 Ocean One and place an order
Find Ocean One by name or by its ticker, 9876, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Ocean One trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Ocean One 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 Ocean One from India
Trading and taxes when buying Ocean One 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. Ocean One’s current yield is 1.42%.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 Ocean One stock?
Yes. Ocean One (9876) 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 Ocean One share cost in rupees?
One Ocean One share is HK$2.96 — about ₹36 at an HKD/INR rate of 12.25 on 24 Sep 2026. Both the Ocean One 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 Ocean One 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 Ocean One?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Ocean One 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 Ocean One price. Paasa issues a capital-gains statement for your return.
Does Ocean One pay a dividend, and how is it taxed in India?
Yes. Ocean One pays a dividend and the current yield is 1.42%; the last declared dividend was HK$0.04 per share, about ₹0.51. 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 Ocean One 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 Ocean One shares held from India?
Hong Kong has no estate duty.
Do I have to declare Ocean One 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 Ocean One holding, its cost and its closing value.
How do I sell Ocean One 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.