Clairvest Group Inc.
Clairvest Group Inc. (TSX: CVG) is trading at CA$81.40, about ₹5,507 at today's CAD/INR rate, as of 29 Sep 2026, 3:29 PM ET, up 1.75% today. Indian residents can buy Clairvest from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
CA$81.40
Today's high
CA$81.40
52 week low
CA$69.81
52 week high
CA$87.00
CVG opened at CA$81.40, closed previously at CA$80.00, and has traded between CA$69.81 and CA$87.00 over the past 52 weeks.
About
Clairvest Group Inc. operates as a private equity firm with a focus on middle-market transactions. Its investment strategies encompass growth equity, providing growth capital, leveraged buyouts, and facilitating industry consolidation through add-on acquisitions. The firm actively seeks investment opportunities within a broad spectrum of small and mid-sized companies, including sectors such as gaming (both casino and local), healthcare, equipment rental, facility services, oilfield services, waste management, business and consumer services, aerospace, automotive aftermarket, collision repair, food, beverage and co-packing, defense, document management, warranty, contract manufacturing, environmental services, rental services, residential HVAC, multiunit healthcare, insurance services, IT services, logistics and transportation, mining services, packaging, pest control, specialty aviation, education, mature software, textile rental, utility services, water, building products, government services, industrial distribution and services, information technology, media and marketing, non-destructive testing, renewable energy, property management, and restaurants. Geographically, Clairvest primarily focuses on companies operating within North America, specifically the United States and Canada. Equity investments typically range from CAD$25 million to CAD$100 million (approximately USD$19.53 million to USD$78.14 million) per portfolio company, with target companies usually exhibiting EBITDA figures between CAD$5 million and CAD$50 million (roughly USD$3.81 million to USD$39.07 million). Clairvest is flexible regarding ownership, pursuing both controlling and minority stakes, without a strict requirement for a majority position. The firm utilizes its proprietary capital for investments and typically aims for board representation within its portfolio companies, also engaging in co-investment opportunities. Exit strategies commonly involve public market offerings, strategic sales, or divestiture to other financial buyers. Established in 1987, Clairvest Group Inc. maintains its headquarters in Toronto, Canada.
Key statistics
Avg. volume
468.00
Market cap
CA$1.09B
P/E Ratio
7.83
Price-to-sales ratio
6.42
Enterprise value
CA$820.01M
Free cash flow yield
1.73%
Debt-to-equity ratio
0.00
Return on equity
8.66%
ROIC
7.66%
Beta
-0.36
Dividend yield
1.19%
Last dividend
CA$0.97
Financial overview
Revenue
CA$198.14M
Earnings per share
CA$8.04
Free cash flow
CA$17.92M
Net profit margin
81.94%
Gross margin
79.78%
EBITDA
CA$132.64M
Revenue growth
16.02%
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This is not an investment recommendation
How to buy Clairvest from India
Indian residents can buy Clairvest 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 CAD.
Search for Clairvest and place an order
Find Clairvest by name or by its ticker, CVG, and choose an order type. Clairvest trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Clairvest position in CAD 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 Clairvest from India
Trading and taxes when buying Clairvest 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. Clairvest’s current yield is 1.19%.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 Clairvest stock?
Yes. Clairvest (CVG) has been listed on the Toronto Stock Exchange since 1996, 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 CAD. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Clairvest share cost in rupees?
One Clairvest share is CA$81.40 — about ₹5,507 at a CAD/INR rate of 67.65 on 29 Sep 2026. Both the Clairvest 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 Clairvest 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 Clairvest 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 CAD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Clairvest price. Paasa issues a capital-gains statement for your return.
Does Clairvest pay a dividend, and how is it taxed in India?
Yes. Clairvest pays a dividend and the current yield is 1.19%; the last declared dividend was CA$0.97 per share, about ₹65.35. 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 Clairvest from India?
The Toronto 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 Canada is on standard time. Orders can only execute during that window.
Do I have to declare Clairvest 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 Clairvest holding, its cost and its closing value.
How do I sell Clairvest and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in CAD 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 Clairvest?
Yes. Clairvest is priced in CAD, so your rupee outcome combines the CAD move with the CAD/INR move between the day you remit and the day you convert back. Both directions are reflected in the capital-gains statement Paasa issues.