Blackstone Inc.
Blackstone Inc. (FWB: BBN1) is trading at €100.90, about ₹10,989 at today's EUR/INR rate, as of 30 Sep 2026, 4:03 AM ET, up 0.90% today. Indian residents can buy Blackstone from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
€100.60
Today's high
€100.90
52 week low
€87.22
52 week high
€147.12
BBN1 opened at €100.60, closed previously at €100.00, and has traded between €87.22 and €147.12 over the past 52 weeks.
About
Blackstone Inc. operates as a prominent alternative asset manager, offering expertise across a diverse range of investment strategies including real estate, private equity, hedge fund offerings, credit solutions, secondary funds of funds, public debt and equity, and multi-asset class approaches. Beyond its core investment activities, the firm also delivers capital markets services. While it engages in early-stage ventures, its investment scope is notably broad. Within its real estate division, Blackstone pursues a variety of opportunities, from opportunistic and core+ investments to debt financing secured by commercial properties, and the acquisition of stabilized, income-generating commercial real estate assets. These activities span North America, Europe, and Asia. Blackstone's corporate private equity arm executes transactions globally, encompassing a wide array of strategies. These include substantial buyouts, special situations, distressed mortgage loan acquisitions, mid-cap buyouts, and 'buy and build' platforms where multiple companies are consolidated under a single management team. It also undertakes growth equity and development projects, often involving significant majority stakes in portfolio companies, alongside minority investments in various operating businesses. The firm's private equity interests span numerous sectors, such as shipping, real estate, corporate and consumer lending, alternative energy development (greenfield projects), dislocated markets, financial institution restructuring, re-insurance, freight mobility improvements, financial services, healthcare, life sciences, infrastructure, enterprise technology, and consumer goods and technology. The firm evaluates investment opportunities in regions such as Asia and Latin America, generally committing to a three-year investment horizon for these projects. Its hedge fund segment provides a comprehensive suite of commingled and tailored fund solutions, while its credit division concentrates on loans and securities issued by non-investment grade companies, covering the entire capital structure from senior debt and subordinated debt to preferred stock and common equity. Established in 1985, Blackstone Inc. is headquartered in New York City, with a global presence through additional offices located across Asia, Europe, and North America.
Key statistics
Avg. volume
158.00
Market cap
€125.58B
P/E Ratio
25.19
Price-to-sales ratio
8.53
Enterprise value
$112.64B
Free cash flow yield
1.71%
Debt-to-equity ratio
1.56
Return on equity
34.84%
ROIC
13.45%
Beta
1.55
Dividend yield
4.61%
Last dividend
€4.49
Financial overview
Revenue
$13.66B
Earnings per share
$3.87
Free cash flow
$1.75B
Net profit margin
21.93%
Gross margin
88.82%
EBITDA
$7.77B
Revenue growth
20.06%
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This is not an investment recommendation
How to buy Blackstone from India
Indian residents can buy Blackstone 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 EUR.
Search for Blackstone and place an order
Find Blackstone by name or by its ticker, BBN1, and choose an order type. Blackstone trades 11:30 am – 11:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Blackstone position in EUR 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 Blackstone from India
Trading and taxes when buying Blackstone 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
- Slab rateDividends are taxed at your slab rate in India. Blackstone’s current yield is 4.61%.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 Blackstone stock?
Yes. Blackstone (BBN1) has been listed on the Frankfurt Stock Exchange since 2007, in the Asset Management 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 Blackstone share cost in rupees?
One Blackstone share is €100.90 — about ₹10,989 at an EUR/INR rate of 108.91 on 29 Sep 2026. Both the Blackstone 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 Blackstone 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 Blackstone 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 Blackstone price. Paasa issues a capital-gains statement for your return.
Does Blackstone pay a dividend, and how is it taxed in India?
Yes. Blackstone pays a dividend and the current yield is 4.61%; the last declared dividend was €4.49 per share, about ₹489.00. 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 Blackstone 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 Blackstone a Germany company, and does that change how it is taxed?
Blackstone trades on the Frankfurt Stock Exchange in EUR, but the company is domiciled in United States. Blackstone 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 Blackstone 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 Blackstone holding, its cost and its closing value.
How do I sell Blackstone 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 Blackstone?
Yes. Blackstone 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.