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Molten Ventures Plc

£6.71Last updated
+£0.08 (1.21%)Past day
Timezone

Molten Ventures Plc (LSE: GROW) is trading at £6.71, about ₹851 at today's GBP/INR rate, as of 25 Sep 2026, 12:27 PM ET, up 1.21% today. Indian residents can buy Molten Ventures from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:£6.72
Previous close:£6.63
Volume:369.30K

Today's low

£6.62

Today's high

£6.76

52 week low

£3.71

52 week high

£7.20

GROW opened at £6.72, closed previously at £6.63, and has traded between £3.71 and £7.20 over the past 52 weeks.

About

Molten Ventures Plc, formerly known as Draper Esprit plc, is a private equity and venture capital firm that deploys capital across the entire business lifecycle. This includes early-stage investments such as seed and Series A funding, growth capital, pre-initial public offering (IPO) rounds, late-stage opportunities, cross-stage deals, buyouts, and private investments in public equity (PIPEs). Beyond direct investments, the firm also makes secondary acquisitions of stakes in existing portfolio companies and purchases entire funds from other technology investors. Their investment focus is on technology-driven enterprises, typically backing companies from their pre-revenue phase onward. A significant portion, 30%, of their investment corpus is allocated to very early-stage businesses generating less than $5 million in annual revenue. Molten Ventures targets a wide array of tech sectors, including digital technology, consumer and enterprise solutions, e-commerce, data and analytics, systems and semiconductors, financial technology (fintech), internet and mobile applications, media, telecommunications, SaaS, deeptech, digital health & wellness, healthcare, software, hardware, medical technology, and life sciences. Geographically, the firm concentrates its investment activities within Europe, with a particular emphasis on Ireland and the United Kingdom. Investment sizes generally fall between $0.02 million and €10 million (or approximately $10.88 million), participating in funding rounds that can range up to €1 million (around $1.09 million) and €30 million (roughly $32.63 million). Molten Ventures is prepared to take both minority and majority ownership positions. Established in 1984, Molten Ventures Plc has its headquarters in London, UK, and operates an additional office in Dublin, Ireland.

Country
GB
CEO
Benjamin David Wilkinson
Exchange listed on
LSE
Industry
Asset Management
Base currency
GBP
Full Time Employees
58
Sector
Financial Services
IPO date
15/06/2016

Key statistics

Avg. volume

772.13K

Market cap

£1.15B

P/E Ratio

9.86

Price-to-sales ratio

7.18

Enterprise value

£1.23B

Free cash flow yield

0.89%

Debt-to-equity ratio

0.10

Return on equity

9.21%

ROIC

8.16%

Beta

1.96

Dividend yield

0.00%

Last dividend

£0.00

Financial overview

Revenue

£160.20M

Earnings per share

£0.69

Free cash flow

£10.30M

Net profit margin

75.09%

Gross margin

92.38%

EBITDA

£122.10M

Revenue growth

260.81%

Similar securities

This is not an investment recommendation

How to buy Molten Ventures from India

Indian residents can buy Molten Ventures 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 and then to GBP.

  3. Search for Molten Ventures and place an order

    Find Molten Ventures by name or by its ticker, GROW, and choose an order type. Molten Ventures trades 12:30 pm – 9:00 pm IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your Molten Ventures position in GBP and INR. Molten Ventures 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 Molten Ventures from India

Trading and taxes when buying Molten Ventures from India

Trading and limits

Trading hours
8:00 am – 4:30 pm UK
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
NoneMolten Ventures does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained
Transaction tax
The UK charges 0.5% Stamp Duty Reserve Tax when buying direct company shares electronically on the LSE; ETFs and UCITS funds do not attract it.
Estate or inheritance tax
May applyShares in UK-incorporated companies are UK-situs assets and fall within UK Inheritance Tax, charged at 40% above the £325,000 threshold for non-residents.Estate tax explained

Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.

FAQs

Can Indian residents buy Molten Ventures stock?

Yes. Molten Ventures (GROW) has been listed on the London Stock Exchange since 2016, 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 and then to GBP. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.

How much does one Molten Ventures share cost in rupees?

One Molten Ventures share is £6.71 — about ₹851 at a GBP/INR rate of 126.99 on 26 Sep 2026. Both the Molten Ventures 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 Molten Ventures 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.

How are gains on Molten Ventures shares taxed in India?

Non-residents are exempt from UK capital gains tax on the disposal of listed shares, 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 GBP/INR rate on the purchase and the sale date, so the rupee move counts alongside the Molten Ventures price. Paasa issues a capital-gains statement for your return.

Does Molten Ventures pay a dividend?

No. Molten Ventures 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 Molten Ventures from India?

The London Stock Exchange trades 12:30 pm – 9:00 pm IST in Indian time. The window shifts to 1:30 pm – 10:00 pm IST when the UK is on standard time. Orders can only execute during that window.

Is there estate or inheritance tax on Molten Ventures shares held from India?

Shares in UK-incorporated companies are UK-situs assets and fall within UK Inheritance Tax, charged at 40% above the £325,000 threshold for non-residents. It applies to your overall holdings in that jurisdiction rather than to any one position.

Are there transaction taxes when buying Molten Ventures?

The UK charges 0.5% Stamp Duty Reserve Tax when buying direct company shares electronically on the LSE; ETFs and UCITS funds do not attract it. This is charged by the market, not by Paasa.

Do I have to declare Molten Ventures 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 Molten Ventures holding, its cost and its closing value.

How do I sell Molten Ventures and bring the money back to India?

You sell during market hours (12:30 pm – 9:00 pm IST) and the proceeds settle in GBP 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.