CION Investment Corporation
CION Investment Corporation (NYSE: CION) is trading at $7.15, about ₹686 at today's USD/INR rate, as of 25 Sep 2026, 12:32 PM ET, up 0.14% today. Indian residents can buy CION Investment from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$7.06
Today's high
$7.18
52 week low
$5.83
52 week high
$10.40
CION opened at $7.13, closed previously at $7.14, and has traded between $5.83 and $10.40 over the past 52 weeks.
About
CION Investment Corporation operates as a Business Development Company (BDC) with a core focus on providing capital to middle-market businesses. It specializes in various debt instruments, including senior secured loans (such as unitranche, First Lien, and second lien loans), long-term subordinated loans, mezzanine debt, corporate bonds, and other debt securities. Additionally, the firm acquires equity interests, like warrants or options, in these target companies. CION supports diverse corporate initiatives, ranging from funding for growth and acquisitions to leveraged buyouts, market and product expansion, refinancing existing debt, and recapitalization efforts. Up to 30% of its assets may also be allocated to opportunistic investments, which can include securities issued by larger public corporations and foreign holdings. The company actively participates in the secondary loan market but explicitly avoids investing in start-up ventures, companies undergoing turnaround situations, or those with speculative business models. Its investment activities are predominantly focused within the United States. CION demonstrates a broad investment appetite across numerous sectors, including high technology, healthcare, pharmaceuticals, business services, media, chemicals, plastics, rubber, telecommunications, consumer services, advertising, printing and publishing, consumer goods (both durables and non-durables), diversified financials, homebuilding, restaurants, hospitality (beverage and tobacco bars), broadcasting, various distribution channels, food and beverage, energy (oil, gas, and consumables fuels), insurance, aerospace and defense, industrial machinery, paper and forest products, information technology, metals and mining, and real estate. Typically, the firm commits between $5 million and $50 million per investment to companies generating an EBITDA of $25 million to $75 million, with an average target hold size of $25 million. CION also acquires minority stakes, in the form of either common or preferred equity, within target companies. These equity investments are generally made in conjunction with its debt offerings or through co-investments alongside financial sponsors. Successful exits from its investments are usually achieved via an initial public offering (IPO), a merger, a direct sale, or other recapitalization events.
Key statistics
Avg. volume
500.99K
Market cap
$355.74M
P/E Ratio
26.46
Price-to-sales ratio
2.59
Enterprise value
$1.51B
Free cash flow yield
6.00%
Debt-to-equity ratio
1.74
Return on equity
1.84%
ROIC
3.35%
Beta
1.12
Dividend yield
17.64%
Last dividend
$1.16
Financial overview
Revenue
$201.25M
Earnings per share
-$0.39
Free cash flow
$76.83M
Net profit margin
9.44%
Gross margin
52.28%
EBITDA
$69.82M
Revenue growth
40.91%
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This is not an investment recommendation
How to buy CION Investment from India
Indian residents can buy CION Investment 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.
Search for CION Investment and place an order
Find CION Investment by name or by its ticker, CION, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. CION Investment trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your CION Investment position in USD 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 CION Investment from India
Trading and taxes when buying CION Investment 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
- Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. CION Investment’s current yield is 17.64%.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
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 CION Investment stock?
Yes. CION Investment (CION) has been listed on the New York Stock Exchange since 2021, 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. 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 CION Investment share cost in rupees?
One CION Investment share is $7.15 — about ₹686 at a USD/INR rate of 96.02 on 24 Sep 2026. Both the CION Investment 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 CION Investment 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 CION Investment?
Yes. One CION Investment share is $7.15, 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 CION Investment.
How are gains on CION Investment 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 CION Investment price. Paasa issues a capital-gains statement for your return.
Does CION Investment pay a dividend, and how is it taxed in India?
Yes. CION Investment pays a dividend and the current yield is 17.64%; the last declared dividend was $1.16 per share, about ₹111.38. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade CION Investment from India?
The New York Stock Exchange 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 there estate or inheritance tax on CION Investment shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare CION Investment 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 CION Investment holding, its cost and its closing value.
How do I sell CION Investment 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.