Close Brothers Group plc
Close Brothers Group plc (FWB: CS3) is trading at €5.05, about ₹550 at today's EUR/INR rate, as of 30 Sep 2026, 2:03 AM ET, up 15.83% today. Indian residents can buy Close Brothers from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
€5.05
Today's high
€5.05
52 week low
€3.80
52 week high
€6.20
CS3 opened at €5.05, closed previously at €4.36, and has traded between €3.80 and €6.20 over the past 52 weeks.
About
Close Brothers Group plc functions as a prominent merchant bank in the United Kingdom, offering a comprehensive array of financial solutions to both individuals and small businesses. Its operations are structured into five distinct segments: Commercial, Retail, Property, Asset Management, and Securities. The company provides various savings products, including personal and business accounts, alongside pension deposits. Its lending activities encompass asset finance, asset-based lending, commercial vehicle leasing, short-term bridging loans, and insurance premium finance. They also specialize in invoice discounting, debt factoring, and financing for property ventures. Moreover, Close Brothers extends specialized funding for general aviation aircraft and diverse leisure and commercial marine vessels, in addition to brewery rentals. Sector-specific financial services are available for agriculture, construction, manufacturing, and transport industries. The company also facilitates leasing services for equipment across construction, manufacturing, IT, and other specialized assets, and offers loans, hire purchase, leasing, and refinancing options tailored for professional services in fields such as dental, medical, pharmacy, and veterinary. Beyond traditional banking, Close Brothers delivers extensive wealth management services, covering financial education, investment management, and personalized financial planning and advice. They also cater to self-directed investors through online portfolio management tools and provide dedicated support for financial advisers. In its securities division, the company offers vital liquidity and flexible execution services to retail stockbrokers, wealth managers, and institutional investors. This includes market making, sales, research, and corporate broking capabilities, complemented by comprehensive dealing, custody, and settlement services for institutional, wealth management, and brokerage clients. Close Brothers Group plc was founded in 1878 and is headquartered in London, United Kingdom.
Key statistics
Avg. volume
38.00
Market cap
€761.10M
P/E Ratio
-7.60
Price-to-sales ratio
0.77
Enterprise value
£1.44B
Free cash flow yield
48.21%
Debt-to-equity ratio
1.15
Return on equity
-3.89%
ROIC
-0.51%
Beta
1.17
Dividend yield
0.00%
Last dividend
€0.00
Financial overview
Revenue
£858.47M
Earnings per share
-£0.58
Free cash flow
£350.02M
Net profit margin
-7.56%
Gross margin
34.61%
EBITDA
-£9.64M
Revenue growth
-35.55%
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This is not an investment recommendation
How to buy Close Brothers from India
Indian residents can buy Close Brothers 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 Close Brothers and place an order
Find Close Brothers by name or by its ticker, CS3, and choose an order type. Close Brothers trades 11:30 am – 11:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Close Brothers position in EUR and INR. Close Brothers 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 Close Brothers from India
Trading and taxes when buying Close Brothers 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
- NoneClose Brothers 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, segregated from Paasa's own assets.
FAQs
Can Indian residents buy Close Brothers stock?
Yes. Close Brothers (CS3) has been listed on the Frankfurt Stock Exchange since 2000, in the Banks - Regional 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 Close Brothers share cost in rupees?
One Close Brothers share is €5.05 — about ₹550 at an EUR/INR rate of 108.91 on 29 Sep 2026. Both the Close Brothers 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 Close Brothers 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 Close Brothers 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 Close Brothers price. Paasa issues a capital-gains statement for your return.
Does Close Brothers pay a dividend?
No. Close Brothers 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 Close Brothers 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 Close Brothers a Germany company, and does that change how it is taxed?
Close Brothers trades on the Frankfurt Stock Exchange in EUR, but the company is domiciled in United Kingdom. Close Brothers 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 Close Brothers 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 Close Brothers holding, its cost and its closing value.
How do I sell Close Brothers 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 Close Brothers?
Yes. Close Brothers 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.