Greenlight Capital Re, Ltd.
Greenlight Capital Re, Ltd. (NASDAQ: GLRE) is trading at $14.89, about ₹1,428 at today's USD/INR rate, as of 25 Sep 2026, 4:00 PM ET, down 0.27% today. Indian residents can buy Greenlight Capital Re from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$14.77
Today's high
$15.07
52 week low
$11.57
52 week high
$19.39
GLRE opened at $15.07, closed previously at $14.93, and has traded between $11.57 and $19.39 over the past 52 weeks.
About
Greenlight Capital Re, Ltd., through its subsidiaries, operates as a property and casualty reinsurance company worldwide. It operates through Open Market and Innovations segments. The company offers casualty reinsurance, such as automobile liability and general liability. It also provides coverages for casualty, including general liability, umbrella, multiline casualty, and workers’ compensation; financial, such as mortgage, trade credit, surety, transactional liability, and financial multiline; health, which include primarily accident and critical illness; multiline comprising FAL business, coupled with multiline commercial and personal auto liability, BOP, and multiline commercial; property, including commercial property and property catastrophe; and specialty products and services, such as agriculture, cyber, marine and energy, aviation and space, specialty multiline, and WPVT which covers losses relating to war, political violence, and terrorism. The company markets its products through reinsurance brokers. Greenlight Capital Re, Ltd. was incorporated in 2004 and is headquartered in Grand Cayman, the Cayman Islands.
Key statistics
Avg. volume
159.34K
Market cap
$493.85M
P/E Ratio
9.93
Price-to-sales ratio
0.74
Enterprise value
-$100.51M
Free cash flow yield
40.49%
Debt-to-equity ratio
0.01
Return on equity
7.28%
ROIC
78.40%
Beta
0.32
Dividend yield
0.00%
Last dividend
$0.00
Financial overview
Revenue
$696.35M
Earnings per share
$2.21
Free cash flow
$210.21M
Net profit margin
7.68%
Gross margin
48.51%
EBITDA
$83.10M
Revenue growth
7.47%
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This is not an investment recommendation
How to buy Greenlight Capital Re from India
Indian residents can buy Greenlight Capital Re 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 Greenlight Capital Re and place an order
Find Greenlight Capital Re by name or by its ticker, GLRE, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Greenlight Capital Re trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Greenlight Capital Re position in USD and INR. Greenlight Capital Re 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 Greenlight Capital Re from India
Trading and taxes when buying Greenlight Capital Re 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
- NoneGreenlight Capital Re 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 LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy Greenlight Capital Re stock?
Yes. Greenlight Capital Re (GLRE) has been listed on NASDAQ since 2007, in the Insurance - Reinsurance 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 Greenlight Capital Re share cost in rupees?
One Greenlight Capital Re share is $14.89 — about ₹1,428 at a USD/INR rate of 95.88 on 26 Sep 2026. Both the Greenlight Capital Re 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 Greenlight Capital Re 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 Greenlight Capital Re?
Yes. One Greenlight Capital Re share is $14.89, 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 Greenlight Capital Re.
How are gains on Greenlight Capital Re 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 Greenlight Capital Re price. Paasa issues a capital-gains statement for your return.
Does Greenlight Capital Re pay a dividend?
No. Greenlight Capital Re 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 Greenlight Capital Re 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 Greenlight Capital Re a United States company, and does that change how it is taxed?
Greenlight Capital Re trades on NASDAQ in US dollars, but the company is domiciled in Cayman Islands. Greenlight Capital Re trades as an ordinary share listed directly in the US, not a depositary receipt. Some non-US companies list in the US through American Depositary Receipts, which can carry dividend withholding at the company's home-country rate. Your India-side capital-gains treatment is the same either way.
Do I have to declare Greenlight Capital Re 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 Greenlight Capital Re holding, its cost and its closing value.
How do I sell Greenlight Capital Re 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.