Conduit Holdings Limited
Conduit Holdings Limited (LSE: CRE) is trading at £4.68, about ₹593 at today's GBP/INR rate, as of 28 Sep 2026, 11:35 AM ET, up 1.19% today. Indian residents can buy Conduit from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
£4.62
Today's high
£4.72
52 week low
£3.20
52 week high
£4.86
CRE opened at £4.65, closed previously at £4.62, and has traded between £3.20 and £4.86 over the past 52 weeks.
About
Conduit Holdings Limited, through its subsidiary, provides reinsurance products and services in the United States, Europe, and worldwide. It operates in three divisions: Property, Casualty, and Specialty. The company offers property catastrophe and non-catastrophe reinsurance products; directors and officers, financial institutions, general, professional, including other errors and omissions, and transactional liability, as well as medical malpractice reinsurance products. It also provides aviation, contingency, energy, engineering and construction, environmental, marine, renewables, political violence and terrorism, whole account, as well as species and fine art, war, and event capped QS of above xl lines reinsurance products. Conduit Holdings Limited was incorporated in 2020 and is headquartered in Pembroke, Bermuda.
Key statistics
Avg. volume
467.06K
Market cap
£719.03M
P/E Ratio
4.56
Price-to-sales ratio
0.95
Enterprise value
$656.57M
Free cash flow yield
49.47%
Debt-to-equity ratio
0.00
Return on equity
18.89%
ROIC
8.46%
Beta
0.58
Dividend yield
5.72%
Last dividend
£0.27
Financial overview
Revenue
$836.30M
Earnings per share
$0.75
Free cash flow
$361.60M
Net profit margin
20.91%
Gross margin
70.66%
EBITDA
$119.10M
Revenue growth
12.06%
Similar securities
This is not an investment recommendation
How to buy Conduit from India
Indian residents can buy Conduit 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 GBP.
Search for Conduit and place an order
Find Conduit by name or by its ticker, CRE, and choose an order type. Conduit trades 12:30 pm – 9:00 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Conduit position in GBP 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 Conduit from India
Trading and taxes when buying Conduit from India
Trading and limits
- Trading hours
- 8:00 am – 4:30 pm UK
- 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. Conduit’s current yield is 5.72%.Dividend tax explained
- Transaction tax
- The UK charges 0.5% Stamp Duty Reserve Tax when buying direct company shares electronically on the LSE; ETFs and UCITS funds do not attract it.
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy Conduit stock?
Yes. Conduit (CRE) has been listed on the London Stock Exchange since 2020, in the Insurance - Reinsurance 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 GBP. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Conduit share cost in rupees?
One Conduit share is £4.68 — about ₹593 at a GBP/INR rate of 126.89 on 27 Sep 2026. Both the Conduit 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 Conduit 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 Conduit shares taxed in India?
Non-residents are exempt from UK capital gains tax on the disposal of listed shares, 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 GBP/INR rate on the purchase and the sale date, so the rupee move counts alongside the Conduit price. Paasa issues a capital-gains statement for your return.
Does Conduit pay a dividend, and how is it taxed in India?
Yes. Conduit pays a dividend and the current yield is 5.72%; the last declared dividend was £0.27 per share, about ₹33.94. 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 Conduit from India?
The London Stock Exchange trades 12:30 pm – 9:00 pm IST in Indian time. The window shifts to 1:30 pm – 10:00 pm IST when the UK is on standard time. Orders can only execute during that window.
Is Conduit a United Kingdom company, and does that change how it is taxed?
Conduit trades on the London Stock Exchange in GBP, but the company is domiciled in Bermuda. Conduit trades as an ordinary share listed directly in the UK, not a depositary receipt. Your India-side capital-gains treatment is the same either way.
Are there transaction taxes when buying Conduit?
The UK charges 0.5% Stamp Duty Reserve Tax when buying direct company shares electronically on the LSE; ETFs and UCITS funds do not attract it. This is charged by the market, not by Paasa.
Do I have to declare Conduit 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 Conduit holding, its cost and its closing value.
How do I sell Conduit and bring the money back to India?
You sell during market hours (12:30 pm – 9:00 pm IST) and the proceeds settle in GBP 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.