GMEX Robotics Corporation
GMEX Robotics Corporation (NASDAQ: GMEX) is trading at $0.37, about ₹35 at today's USD/INR rate, as of 25 Sep 2026, 4:00 PM ET, down 5.38% today. Indian residents can buy GMEX Robotics from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$0.35
Today's high
$0.40
52 week low
$0.35
52 week high
$3,150.00
GMEX opened at $0.38, closed previously at $0.39, and has traded between $0.35 and $3,150.00 over the past 52 weeks.
About
GMEX Robotics Corporation, a technology company, focuses on designing, manufacturing, and commercializing AI-driven robotic solutions for the consumer market. The company develops intuitive and interactive robots designed to assist with daily tasks; and provides smart home integration, as well as offers various levels of convenience and connectivity to enhance productivity. It also offers its solution for transportation and logistics; collaborative and industrial automation; and resources exploration and excavation. GMEX Robotics Corporation was formerly known as Fitell Corporation and changed its name to GMEX Robotics Corporation in March 2026. The company was founded in 2005 and is headquartered in Taren Point, Australia.
Key statistics
Avg. volume
1.96M
Market cap
$57.83K
P/E Ratio
-0.01
Price-to-sales ratio
0.02
Enterprise value
$28.32M
Free cash flow yield
-4162.80%
Debt-to-equity ratio
3.79
Return on equity
-77.61%
ROIC
-6.85%
Beta
5.43
Dividend yield
13785.59%
Last dividend
$50.40
Financial overview
Revenue
$3.37M
Earnings per share
-$310.15
Free cash flow
-$658.25K
Net profit margin
-171.17%
Gross margin
9.04%
EBITDA
$50.59K
Revenue growth
-24.60%
How to buy GMEX Robotics from India
Indian residents can buy GMEX Robotics 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 GMEX Robotics and place an order
Find GMEX Robotics by name or by its ticker, GMEX, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. GMEX Robotics trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your GMEX Robotics 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 GMEX Robotics from India
Trading and taxes when buying GMEX Robotics 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. GMEX Robotics’ current yield is 13785.59%.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 GMEX Robotics stock?
Yes. GMEX Robotics (GMEX) has been listed on NASDAQ since 2023, in the Consumer Electronics 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 GMEX Robotics share cost in rupees?
One GMEX Robotics share is $0.37 — about ₹35 at a USD/INR rate of 95.92 on 25 Sep 2026. Both the GMEX Robotics 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 GMEX Robotics 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 GMEX Robotics?
Yes. One GMEX Robotics share is $0.37, 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 GMEX Robotics.
How are gains on GMEX Robotics 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 GMEX Robotics price. Paasa issues a capital-gains statement for your return.
Does GMEX Robotics pay a dividend, and how is it taxed in India?
Yes. GMEX Robotics pays a dividend and the current yield is 13785.59%; the last declared dividend was $50.40 per share, about ₹4,834.38. 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 GMEX Robotics 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 GMEX Robotics a United States company, and does that change how it is taxed?
GMEX Robotics trades on NASDAQ in US dollars, but the company is domiciled in Australia. GMEX Robotics 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 GMEX Robotics 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 GMEX Robotics holding, its cost and its closing value.
How do I sell GMEX Robotics 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.