GCM Grosvenor Inc.
GCM Grosvenor Inc. (NASDAQ: GCMG) is trading at $12.80, about ₹1,230 at today's USD/INR rate, as of 29 Sep 2026, 4:00 PM ET, down 0.93% today. Indian residents can buy GCM Grosvenor from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$12.64
Today's high
$13.04
52 week low
$9.30
52 week high
$14.87
GCMG opened at $12.93, closed previously at $12.92, and has traded between $9.30 and $14.87 over the past 52 weeks.
About
GCM Grosvenor Inc. is a global leader in providing alternative asset management solutions. The firm primarily caters to pooled investment vehicles, but also extends its services to various other clients, including investment companies, high net worth individuals, pension and profit sharing plans, and state or municipal government entities. The company deploys capital across both U.S. and international equity and alternative investment markets. Its investment approach encompasses a diverse range of portfolios, such as multi-strategy, credit-focused, equity-focused, macro-focused, commodity-focused, and other specialized mandates. GCM Grosvenor's strategic focus spans key alternative asset classes like hedge funds, private equity, real estate, infrastructure, credit, and absolute return strategies. Additionally, the firm actively participates in primary and secondary fund investments, as well as co-investments, with a particular emphasis on buyouts, distressed debt, mezzanine financing, and venture capital/growth equity opportunities. They are also committed to providing seed investments to small, emerging, and diverse private equity firms. Geographically, the firm targets middle-market buyout investments, specifically in Ohio and the broader Midwest region. Preferred industries for investment include aerospace and defense, advanced electronics, information technology, biosciences, and advanced materials. All investment decisions are underpinned by both fundamental and quantitative analysis. Founded in 1971, GCM Grosvenor Inc. is headquartered in Chicago, Illinois, and maintains a significant international footprint with additional offices throughout North America, Asia, Australia, and Europe.
Key statistics
Avg. volume
502.21K
Market cap
$782.42M
P/E Ratio
16.41
Price-to-sales ratio
1.39
Enterprise value
$826.75M
Free cash flow yield
29.74%
Debt-to-equity ratio
16.30
Return on equity
168.09%
ROIC
20.44%
Beta
0.84
Dividend yield
3.75%
Last dividend
$0.48
Financial overview
Revenue
$550.08M
Earnings per share
$0.87
Free cash flow
$175.04M
Net profit margin
7.88%
Gross margin
99.25%
EBITDA
$174.66M
Revenue growth
9.25%
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This is not an investment recommendation
How to buy GCM Grosvenor from India
Indian residents can buy GCM Grosvenor 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 GCM Grosvenor and place an order
Find GCM Grosvenor by name or by its ticker, GCMG, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. GCM Grosvenor trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your GCM Grosvenor 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 GCM Grosvenor from India
Trading and taxes when buying GCM Grosvenor 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. GCM Grosvenor’s current yield is 3.75%.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 GCM Grosvenor stock?
Yes. GCM Grosvenor (GCMG) has been listed on NASDAQ since 2019, 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 GCM Grosvenor share cost in rupees?
One GCM Grosvenor share is $12.80 — about ₹1,230 at a USD/INR rate of 96.06 on 29 Sep 2026. Both the GCM Grosvenor 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 GCM Grosvenor 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 GCM Grosvenor?
Yes. One GCM Grosvenor share is $12.80, 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 GCM Grosvenor.
How are gains on GCM Grosvenor 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 GCM Grosvenor price. Paasa issues a capital-gains statement for your return.
Does GCM Grosvenor pay a dividend, and how is it taxed in India?
Yes. GCM Grosvenor pays a dividend and the current yield is 3.75%; the last declared dividend was $0.48 per share, about ₹46.11. 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 GCM Grosvenor from India?
NASDAQ 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 GCM Grosvenor 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 GCM Grosvenor 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 GCM Grosvenor holding, its cost and its closing value.
How do I sell GCM Grosvenor 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.