Icahn Enterprises L.P.
Icahn Enterprises L.P. (NASDAQ: IEP) is trading at $6.96, about ₹667 at today's USD/INR rate, as of 25 Sep 2026, 4:00 PM ET, up 0.14% today. Indian residents can buy Icahn Enterprises L.P. from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$6.94
Today's high
$7.02
52 week low
$6.51
52 week high
$9.32
IEP opened at $6.97, closed previously at $6.95, and has traded between $6.51 and $9.32 over the past 52 weeks.
About
Icahn Enterprises L.P. (IEP) is a diverse holding company that operates through its various subsidiaries across numerous industries, serving both the United States and international markets. Its core business activities span investment, energy, automotive, food packaging, real estate, home fashion, and pharmaceuticals. Specifically, the Investment division strategically deploys its own capital by managing a portfolio of private investment funds. The Energy segment is involved in both refining and marketing transportation fuels, alongside the production and distribution of nitrogen-based fertilizers, including urea ammonium nitrate and ammonia. Within the Automotive sector, IEP handles the wholesale and retail distribution of vehicle components, in addition to offering comprehensive auto repair and maintenance services. The Food Packaging segment focuses on manufacturing and supplying various casings—such as cellulosic, fibrous, and plastic types—that are essential for preparing processed meat products. Its extensive Real Estate operations encompass leasing commercial properties (retail, office, and industrial), constructing and selling residential units and single-family homes, and managing golf courses, clubs, hotels, and timeshare resorts. The Home Fashion division is responsible for the entire lifecycle of consumer home products, from manufacturing and sourcing to marketing, distribution, and sales. Lastly, the Pharmaceutical segment provides a range of medicinal products and related services. Established in 1987, Icahn Enterprises L.P. maintains its principal corporate office in Sunny Isles Beach, Florida.
Key statistics
Avg. volume
936.09K
Market cap
$4.68B
P/E Ratio
-9.43
Price-to-sales ratio
0.44
Enterprise value
$10.07B
Free cash flow yield
-5.22%
Debt-to-equity ratio
4.32
Return on equity
-22.42%
ROIC
-5.26%
Beta
0.72
Dividend yield
28.74%
Last dividend
$2.00
Financial overview
Revenue
$9.41B
Earnings per share
-$0.52
Free cash flow
-$654.00M
Net profit margin
-4.83%
Gross margin
8.28%
EBITDA
$762.00M
Revenue growth
-7.46%
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This is not an investment recommendation
How to buy Icahn Enterprises L.P. from India
Indian residents can buy Icahn Enterprises L.P. 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 Icahn Enterprises L.P. and place an order
Find Icahn Enterprises L.P. by name or by its ticker, IEP, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Icahn Enterprises L.P. trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Icahn Enterprises L.P. 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 Icahn Enterprises L.P. from India
Trading and taxes when buying Icahn Enterprises L.P. 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. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Icahn Enterprises L.P.’s current yield is 28.74%.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 Icahn Enterprises L.P. stock?
Yes. Icahn Enterprises L.P. (IEP) has been listed on NASDAQ since 1987, in the Oil & Gas Refining & Marketing 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 Icahn Enterprises L.P. share cost in rupees?
One Icahn Enterprises L.P. share is $6.96 — about ₹667 at a USD/INR rate of 95.88 on 26 Sep 2026. Both the Icahn Enterprises L.P. 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 Icahn Enterprises L.P. 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 Icahn Enterprises L.P.?
Yes. One Icahn Enterprises L.P. share is $6.96, 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 Icahn Enterprises L.P..
How are gains on Icahn Enterprises L.P. 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 Icahn Enterprises L.P. price. Paasa issues a capital-gains statement for your return.
Does Icahn Enterprises L.P. pay a dividend, and how is it taxed in India?
Yes. Icahn Enterprises L.P. pays a dividend and the current yield is 28.74%; the last declared dividend was $2.00 per share, about ₹191.76. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Icahn Enterprises L.P. 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 Icahn Enterprises L.P. 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 Icahn Enterprises L.P. 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 Icahn Enterprises L.P. holding, its cost and its closing value.
How do I sell Icahn Enterprises L.P. 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.