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Great Elm Capital Corp. 8.50% Notes DUE 2029

$25.02Last updated
+$0.03 (0.12%)Past day
Timezone

Great Elm Capital Corp. 8.50% Notes DUE 2029 (NASDAQ: GECCI) is trading at $25.02, about ₹2,403 at today's USD/INR rate, as of 29 Sep 2026, 4:00 PM ET, up 0.12% today. Indian residents can buy Great Elm Capital Corp. 8.50% Notes DUE 2029 from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$24.96
Previous close:$24.99
Volume:1.24K

Today's low

$24.96

Today's high

$25.02

52 week low

$24.95

52 week high

$27.35

GECCI opened at $24.96, closed previously at $24.99, and has traded between $24.95 and $27.35 over the past 52 weeks.

About

Great Elm Capital Corp. functions as a business development company (BDC) with a core emphasis on delivering loan and mezzanine funding to mid-sized businesses. The firm primarily allocates capital to debt instruments issued by these middle-market entities. It strategically seeks investment opportunities within specific industries, such as media, commercial services and supplies, healthcare, telecommunication services, and communications equipment. Moreover, the fund typically commits between $3 million and $10 million in equity to companies whose annual revenues fall within the range of $3 million to $75 million.

Country
US
CEO
Jason W. Reese
Exchange listed on
NASDAQ
Industry
Asset Management
Base currency
USD
Full Time Employees
0
Sector
Financial Services
IPO date
19/04/2024

Key statistics

Avg. volume

1.37K

Market cap

$350.23M

P/E Ratio

-1.63

Price-to-sales ratio

-4.00

Enterprise value

$310.49M

Free cash flow yield

-0.91%

Debt-to-equity ratio

1.47

Return on equity

120.73%

ROIC

-51.33%

Beta

0.10

Dividend yield

22.29%

Last dividend

$2.13

Financial overview

Revenue

$31.01M

Earnings per share

$1.45

Free cash flow

-$2.81M

Net profit margin

253.22%

Gross margin

187.29%

EBITDA

$40.65M

Revenue growth

-1.69%

Similar securities

This is not an investment recommendation

How to buy Great Elm Capital Corp. 8.50% Notes DUE 2029 from India

Indian residents can buy Great Elm Capital Corp. 8.50% Notes DUE 2029 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.

  1. 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.

  2. 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.

  3. Search for Great Elm Capital Corp. 8.50% Notes DUE 2029 and place an order

    Find Great Elm Capital Corp. 8.50% Notes DUE 2029 by name or by its ticker, GECCI, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Great Elm Capital Corp. 8.50% Notes DUE 2029 trades 7:00 pm – 1:30 am IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your Great Elm Capital Corp. 8.50% Notes DUE 2029 position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.

Trading and taxes when buying Great Elm Capital Corp. 8.50% Notes DUE 2029 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. Great Elm Capital Corp. 8.50% Notes DUE 2029’s current yield is 22.29%.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 Great Elm Capital Corp. 8.50% Notes DUE 2029 stock?

Yes. Great Elm Capital Corp. 8.50% Notes DUE 2029 (GECCI) has been listed on NASDAQ since 2024, 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 Great Elm Capital Corp. 8.50% Notes DUE 2029 share cost in rupees?

One Great Elm Capital Corp. 8.50% Notes DUE 2029 share is $25.02 — about ₹2,403 at a USD/INR rate of 96.06 on 29 Sep 2026. Both the Great Elm Capital Corp. 8.50% Notes DUE 2029 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 Great Elm Capital Corp. 8.50% Notes DUE 2029 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 Great Elm Capital Corp. 8.50% Notes DUE 2029?

Yes. One Great Elm Capital Corp. 8.50% Notes DUE 2029 share is $25.02, 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 Great Elm Capital Corp. 8.50% Notes DUE 2029.

How are gains on Great Elm Capital Corp. 8.50% Notes DUE 2029 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 Great Elm Capital Corp. 8.50% Notes DUE 2029 price. Paasa issues a capital-gains statement for your return.

Does Great Elm Capital Corp. 8.50% Notes DUE 2029 pay a dividend, and how is it taxed in India?

Yes. Great Elm Capital Corp. 8.50% Notes DUE 2029 pays a dividend and the current yield is 22.29%; the last declared dividend was $2.13 per share, about ₹204.13. 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 Great Elm Capital Corp. 8.50% Notes DUE 2029 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 Great Elm Capital Corp. 8.50% Notes DUE 2029 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 Great Elm Capital Corp. 8.50% Notes DUE 2029 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 Great Elm Capital Corp. 8.50% Notes DUE 2029 holding, its cost and its closing value.

How do I sell Great Elm Capital Corp. 8.50% Notes DUE 2029 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.