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Solowin Holdings Ordinary Share

$0.15Last updated
-$0.05 (26.55%)Past day
Timezone

Solowin Holdings Ordinary Share (NASDAQ: AXG) is trading at $0.15, about ₹14 at today's USD/INR rate, as of 28 Sep 2026, 4:00 PM ET, down 26.55% today. Indian residents can buy Solowin Holdings Ordinary Share from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$0.18
Previous close:$0.20
Volume:38.04M

Today's low

$0.14

Today's high

$0.18

52 week low

$0.14

52 week high

$4.75

AXG opened at $0.18, closed previously at $0.20, and has traded between $0.14 and $4.75 over the past 52 weeks.

About

Solowin Holdings (AXG), established in 2021 and headquartered in Tsim Sha Tsui, Hong Kong, operates as an investment holding firm. Its primary focus is on delivering a broad spectrum of financial solutions across Hong Kong. The company's offerings encompass securities brokerage, corporate finance advisory, investment guidance, and comprehensive asset management services. A cornerstone of its brokerage activities is the Solomon Pro trading platform, which empowers investors to execute trades for listed securities and their derivative products. This platform grants access to major global exchanges, including the Hong Kong Stock Exchange (HKEX), New York Stock Exchange (NYSE), Nasdaq, Shanghai Stock Exchange (SSE), and Shenzhen Stock Exchange (SZSE). Beyond its core platform, Solowin provides an extensive array of specialized financial services. These include Hong Kong equity trading, facilitating initial public offering (IPO) subscriptions and placements, bond trading, and fund subscription services. The company also manages equity custodianship and agency functions, offers investment immigrant account management, and supports enterprise employee shareholding exercises. Clients further benefit from professional investment research and instant quotation services. Solowin delivers personalized investment advisory services, carefully tailored to align with each client's unique financial objectives and risk appetite. It is also actively involved in issuing and managing a diverse range of fund products. Its professional asset management capabilities cater to both financial and private institutions, alongside offering bespoke financial services designed for individual investors. Additionally, the company provides investment banking services, financial and independent financial advisory for both unlisted and listed corporations, and access to offshore private fund investment opportunities.

Country
HK
CEO
Ling Ngai Lok
Exchange listed on
NASDAQ
Industry
Financial - Capital Markets
Base currency
USD
Full Time Employees
80
Sector
Financial Services
IPO date
07/09/2023

Key statistics

Avg. volume

211.36K

Market cap

$6.39M

P/E Ratio

-10.35

Price-to-sales ratio

1.78

Enterprise value

$5.23M

Free cash flow yield

-35.55%

Debt-to-equity ratio

0.31

Return on equity

-0.91%

ROIC

-13.78%

Beta

-0.06

Dividend yield

0.00%

Last dividend

$0.00

Financial overview

Revenue

$3.59M

Earnings per share

-$0.01

Free cash flow

-$2.27M

Net profit margin

-46.95%

Gross margin

18.57%

EBITDA

-$1.69M

Revenue growth

893.56%

Similar securities

This is not an investment recommendation

How to buy Solowin Holdings Ordinary Share from India

Indian residents can buy Solowin Holdings Ordinary Share 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.

  3. Search for Solowin Holdings Ordinary Share and place an order

    Find Solowin Holdings Ordinary Share by name or by its ticker, AXG, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Solowin Holdings Ordinary Share trades 7:00 pm – 1:30 am IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your Solowin Holdings Ordinary Share position in USD and INR. Solowin Holdings Ordinary Share 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 Solowin Holdings Ordinary Share from India

Trading and taxes when buying Solowin Holdings Ordinary Share from India

Trading and limits

Trading hours
9:30 am – 4:00 pm ET
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
NoneSolowin Holdings Ordinary Share 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 LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

FAQs

Can Indian residents buy Solowin Holdings Ordinary Share stock?

Yes. Solowin Holdings Ordinary Share (AXG) has been listed on NASDAQ since 2023, in the Financial - Capital Markets 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. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

How much does one Solowin Holdings Ordinary Share share cost in rupees?

One Solowin Holdings Ordinary Share share is $0.15 — about ₹14 at a USD/INR rate of 96.07 on 28 Sep 2026. Both the Solowin Holdings Ordinary Share 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 Solowin Holdings Ordinary Share 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.

Can I buy whole shares of Solowin Holdings Ordinary Share?

Yes. One Solowin Holdings Ordinary Share share is $0.15, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in Solowin Holdings Ordinary Share.

How are gains on Solowin Holdings Ordinary Share shares taxed in India?

The US does not levy capital gains tax on shares for Indian residents, 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 USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Solowin Holdings Ordinary Share price. Paasa issues a capital-gains statement for your return.

Does Solowin Holdings Ordinary Share pay a dividend?

No. Solowin Holdings Ordinary Share 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 Solowin Holdings Ordinary Share from India?

NASDAQ trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.

Is Solowin Holdings Ordinary Share a United States company, and does that change how it is taxed?

Solowin Holdings Ordinary Share trades on NASDAQ in US dollars, but the company is domiciled in Hong Kong SAR China. Solowin Holdings Ordinary Share trades as an ordinary share listed directly in the US, not a depositary receipt. Some non-US companies list in the US through American Depositary Receipts, which can carry dividend withholding at the company's home-country rate. Your India-side capital-gains treatment is the same either way.

Do I have to declare Solowin Holdings Ordinary Share 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 Solowin Holdings Ordinary Share holding, its cost and its closing value.

How do I sell Solowin Holdings Ordinary Share and bring the money back to India?

You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD 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.