Greenwave Technology Solutions, Inc.
Greenwave Technology Solutions, Inc. (NASDAQ: GWAV) is trading at $2.39, about ₹229 at today's USD/INR rate, as of 25 Sep 2026, 4:00 PM ET, down 0.83% today. Indian residents can buy Greenwave Technology Solutions from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$2.33
Today's high
$2.44
52 week low
$2.19
52 week high
$24.00
GWAV opened at $2.44, closed previously at $2.41, and has traded between $2.19 and $24.00 over the past 52 weeks.
About
Greenwave Technology Solutions, Inc., operating primarily through its subsidiary Empire Services, Inc., oversees a network of eleven metal recycling facilities situated across Virginia and North Carolina. The company's core operations encompass the collection, sorting, and processing of various raw ferrous and nonferrous scrap metals—such as iron, steel, aluminum, copper, lead, stainless steel, and zinc—all prepared for recycling. Furthermore, Greenwave is engaged in the procurement and sale of both refined and unrefined scrap materials, supplying them to steel mills and other industrial buyers. Established in 2002, the firm, which rebranded from MassRoots, Inc. in October 2021, maintains its corporate headquarters in Suffolk, Virginia.
Key statistics
Avg. volume
85.06K
Market cap
$1.98M
P/E Ratio
-0.11
Price-to-sales ratio
0.03
Enterprise value
$14.19M
Free cash flow yield
-173.94%
Debt-to-equity ratio
0.61
Return on equity
-64.31%
ROIC
-45.40%
Beta
0.17
Dividend yield
0.00%
Last dividend
$0.00
Financial overview
Revenue
$46.66M
Earnings per share
-$41.25
Free cash flow
-$8.04M
Net profit margin
-27.67%
Gross margin
31.62%
EBITDA
-$9.54M
Revenue growth
40.05%
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This is not an investment recommendation
How to buy Greenwave Technology Solutions from India
Indian residents can buy Greenwave Technology Solutions 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 Greenwave Technology Solutions and place an order
Find Greenwave Technology Solutions by name or by its ticker, GWAV, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Greenwave Technology Solutions trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Greenwave Technology Solutions position in USD and INR. Greenwave Technology Solutions 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 Greenwave Technology Solutions from India
Trading and taxes when buying Greenwave Technology Solutions 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
- NoneGreenwave Technology Solutions does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.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 Greenwave Technology Solutions stock?
Yes. Greenwave Technology Solutions (GWAV) has been listed on NASDAQ since 2015, in the Waste 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 Greenwave Technology Solutions share cost in rupees?
One Greenwave Technology Solutions share is $2.39 — about ₹229 at a USD/INR rate of 96.02 on 24 Sep 2026. Both the Greenwave Technology Solutions 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 Greenwave Technology Solutions 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 Greenwave Technology Solutions?
Yes. One Greenwave Technology Solutions share is $2.39, 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 Greenwave Technology Solutions.
How are gains on Greenwave Technology Solutions 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 Greenwave Technology Solutions price. Paasa issues a capital-gains statement for your return.
Does Greenwave Technology Solutions pay a dividend?
No. Greenwave Technology Solutions 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 Greenwave Technology Solutions 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 Greenwave Technology Solutions 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 Greenwave Technology Solutions 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 Greenwave Technology Solutions holding, its cost and its closing value.
How do I sell Greenwave Technology Solutions 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.