Gladstone Capital Corporation
Gladstone Capital Corporation (NASDAQ: GLAD) is trading at $19.36, about ₹1,857 at today's USD/INR rate, as of 25 Sep 2026, 4:00 PM ET, up 0.73% today. Indian residents can buy Gladstone Capital from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$19.13
Today's high
$19.38
52 week low
$16.54
52 week high
$22.24
GLAD opened at $19.29, closed previously at $19.22, and has traded between $16.54 and $22.24 over the past 52 weeks.
About
Gladstone Capital Corporation functions as a Business Development Company (BDC) primarily focused on the lower middle market in the United States. The firm engages in a variety of investment strategies, including providing growth capital, supporting add-on acquisitions, facilitating change-of-control transactions, executing buy-and-build models, and refinancing existing debt. It also makes private equity investments in the form of acquisitions, buyouts, recapitalizations, and refinancing. Its debt offerings are extensive, encompassing senior term loans, revolving credit facilities, secured first and second lien term loans, senior subordinated loans, unitranche facilities, junior subordinated loans, and mezzanine financing. For equity, Gladstone Capital invests through common stock, preferred stock, limited liability company (LLC) interests, and warrants, generally preferring to acquire minority stakes. The company targets small and medium-sized enterprises with annual sales ranging from $20 million to $150 million and EBITDA between $3 million and $25 million, typically investing $7 million to $30 million per company. While maintaining an industry-agnostic approach, it shows particular interest in sectors such as business services, specialized manufacturing, niche industrial products and services, unique consumer products and services, energy services, transportation and logistics, healthcare and educational services, specialty chemicals, media and communications, and aerospace and defense. The fund plans to exit its investments through strategic sales to industry participants or financial buyers, initial public offerings (IPOs), or other capital market transactions.
Key statistics
Avg. volume
166.78K
Market cap
$437.40M
P/E Ratio
9.05
Price-to-sales ratio
5.52
Enterprise value
$864.93M
Free cash flow yield
-34.47%
Debt-to-equity ratio
0.81
Return on equity
10.19%
ROIC
5.91%
Beta
0.93
Dividend yield
10.74%
Last dividend
$1.98
Financial overview
Revenue
$144.76M
Earnings per share
$2.56
Free cash flow
$43.63M
Net profit margin
63.44%
Gross margin
68.66%
EBITDA
$122.28M
Revenue growth
20.37%
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This is not an investment recommendation
How to buy Gladstone Capital from India
Indian residents can buy Gladstone Capital 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 Gladstone Capital and place an order
Find Gladstone Capital by name or by its ticker, GLAD, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Gladstone Capital trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Gladstone Capital 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 Gladstone Capital from India
Trading and taxes when buying Gladstone Capital 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. Gladstone Capital’s current yield is 10.74%.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 Gladstone Capital stock?
Yes. Gladstone Capital (GLAD) has been listed on NASDAQ since 2001, 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 Gladstone Capital share cost in rupees?
One Gladstone Capital share is $19.36 — about ₹1,857 at a USD/INR rate of 95.92 on 25 Sep 2026. Both the Gladstone Capital 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 Gladstone Capital 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 Gladstone Capital?
Yes. One Gladstone Capital share is $19.36, 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 Gladstone Capital.
How are gains on Gladstone Capital 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 Gladstone Capital price. Paasa issues a capital-gains statement for your return.
Does Gladstone Capital pay a dividend, and how is it taxed in India?
Yes. Gladstone Capital pays a dividend and the current yield is 10.74%; the last declared dividend was $1.98 per share, about ₹189.92. 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 Gladstone Capital 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 Gladstone Capital 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 Gladstone Capital 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 Gladstone Capital holding, its cost and its closing value.
How do I sell Gladstone Capital 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.