Global Ship Lease, Inc.
Global Ship Lease, Inc. (NYSE: GSL) is trading at $44.03, about ₹4,230 at today's USD/INR rate, as of 29 Sep 2026, 4:00 PM ET, up 0.69% today. Indian residents can buy Global Ship Lease from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$43.25
Today's high
$44.34
52 week low
$27.28
52 week high
$46.57
GSL opened at $43.79, closed previously at $43.73, and has traded between $27.28 and $46.57 over the past 52 weeks.
About
Global Ship Lease, Inc. is a company that focuses on acquiring and then leasing out a varied collection of container vessels. These ships are provided to different container shipping firms through pre-arranged, fixed-price contracts. By March 10, 2022, its holdings included 65 mid-sized and smaller containerships, which together possessed an impressive carrying capacity of 342,348 twenty-foot equivalent units (TEUs). The firm was established in 2007 and maintains its primary operational base in London, United Kingdom.
Key statistics
Avg. volume
329.31K
Market cap
$1.58B
P/E Ratio
4.23
Price-to-sales ratio
2.04
Enterprise value
$1.62B
Free cash flow yield
28.72%
Debt-to-equity ratio
0.35
Return on equity
23.12%
ROIC
14.39%
Beta
0.85
Dividend yield
5.68%
Last dividend
$2.50
Financial overview
Revenue
$766.45M
Earnings per share
$11.40
Free cash flow
$359.36M
Net profit margin
49.50%
Gross margin
51.84%
EBITDA
$590.87M
Revenue growth
8.63%
Similar securities
This is not an investment recommendation
How to buy Global Ship Lease from India
Indian residents can buy Global Ship Lease 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 Global Ship Lease and place an order
Find Global Ship Lease by name or by its ticker, GSL, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Global Ship Lease trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Global Ship Lease 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 Global Ship Lease from India
Trading and taxes when buying Global Ship Lease 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. Global Ship Lease’s current yield is 5.68%.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 Global Ship Lease stock?
Yes. Global Ship Lease (GSL) has been listed on the New York Stock Exchange since 2008, in the Marine Shipping 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 Global Ship Lease share cost in rupees?
One Global Ship Lease share is $44.03 — about ₹4,230 at a USD/INR rate of 96.06 on 29 Sep 2026. Both the Global Ship Lease 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 Global Ship Lease 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 Global Ship Lease?
Yes. One Global Ship Lease share is $44.03, 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 Global Ship Lease.
How are gains on Global Ship Lease 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 Global Ship Lease price. Paasa issues a capital-gains statement for your return.
Does Global Ship Lease pay a dividend, and how is it taxed in India?
Yes. Global Ship Lease pays a dividend and the current yield is 5.68%; the last declared dividend was $2.50 per share, about ₹240.15. 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 Global Ship Lease from India?
The New York Stock Exchange 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 Global Ship Lease a United States company, and does that change how it is taxed?
Global Ship Lease trades on the New York Stock Exchange in US dollars, but the company is domiciled in Greece. Global Ship Lease 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 Global Ship Lease 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 Global Ship Lease holding, its cost and its closing value.
How do I sell Global Ship Lease 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.