IGM Financial Inc.
IGM Financial Inc. (TSX: IGM) is trading at CA$85.32, about ₹5,810 at today's CAD/INR rate, as of 25 Sep 2026, 4:00 PM ET, up 0.66% today. Indian residents can buy IGM Financial from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
CA$83.85
Today's high
CA$85.52
52 week low
CA$50.06
52 week high
CA$92.01
IGM opened at CA$85.26, closed previously at CA$84.76, and has traded between CA$50.06 and CA$92.01 over the past 52 weeks.
About
IGM Financial Inc. operates as a prominent wealth and asset management enterprise, serving clients across Canada. The company organizes its extensive operations into three primary segments: Wealth Management, Asset Management, and Strategic Investments and Other. Within its Wealth Management division, IGM Financial delivers a broad spectrum of financial advisory services, alongside the comprehensive IG Living Plan. This plan integrates financial planning with various investment vehicles, insurance products, mortgage and banking solutions, and charitable giving programs. The company further empowers its advisors through the IG Wealth Management Advisor Portal, a sophisticated client relationship management platform, and an advanced dealer platform. This platform is designed to boost automation, support both MFDA and IIROC licensed advisors, and facilitate the launch of new investment products. The firm's diverse product portfolio also includes mutual funds and various portfolio types. Notable offerings are the IG Advisory Account, a fee-based service enabling clients to streamline and consolidate selected investments into one account, and the iProfile Private portfolios, a specialized portfolio management program tailored for investing households. Additionally, IGM Financial offers iProfile Portfolios, a suite of four structured managed solutions, segregated funds, separately managed accounts, fee-based brokerage accounts, insurance products, and a range of securities services. The company also provides management and related services, global investment solutions spanning private equity, private credit, and infrastructure, alongside exchange-traded funds. Established in 1978, IGM Financial Inc. is headquartered in Winnipeg, Canada, and functions as a subsidiary of Power Financial Corporation.
Key statistics
Avg. volume
434.33K
Market cap
CA$19.75B
P/E Ratio
17.17
Price-to-sales ratio
5.05
Enterprise value
CA$25.91B
Free cash flow yield
5.79%
Debt-to-equity ratio
0.83
Return on equity
12.91%
ROIC
4.61%
Beta
1.11
Dividend yield
2.77%
Last dividend
CA$2.37
Financial overview
Revenue
CA$3.82B
Earnings per share
CA$4.66
Free cash flow
CA$915.00M
Net profit margin
29.82%
Gross margin
32.58%
EBITDA
CA$1.85B
Revenue growth
9.42%
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This is not an investment recommendation
How to buy IGM Financial from India
Indian residents can buy IGM Financial 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 and then to CAD.
Search for IGM Financial and place an order
Find IGM Financial by name or by its ticker, IGM, and choose an order type. IGM Financial trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your IGM Financial position in CAD 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 IGM Financial from India
Trading and taxes when buying IGM Financial 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. IGM Financial’s current yield is 2.77%.Dividend tax explained
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy IGM Financial stock?
Yes. IGM Financial (IGM) has been listed on the Toronto Stock Exchange since 1995, 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 CAD. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one IGM Financial share cost in rupees?
One IGM Financial share is CA$85.32 — about ₹5,810 at a CAD/INR rate of 68.10 on 24 Sep 2026. Both the IGM Financial 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 IGM Financial 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 IGM Financial shares taxed in India?
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 CAD/INR rate on the purchase and the sale date, so the rupee move counts alongside the IGM Financial price. Paasa issues a capital-gains statement for your return.
Does IGM Financial pay a dividend, and how is it taxed in India?
Yes. IGM Financial pays a dividend and the current yield is 2.77%; the last declared dividend was CA$2.37 per share, about ₹161.05. 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 IGM Financial from India?
The Toronto 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 Canada is on standard time. Orders can only execute during that window.
Do I have to declare IGM Financial 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 IGM Financial holding, its cost and its closing value.
How do I sell IGM Financial and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in CAD 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.
Does the rupee rate affect what I make on IGM Financial?
Yes. IGM Financial is priced in CAD, so your rupee outcome combines the CAD move with the CAD/INR move between the day you remit and the day you convert back. Both directions are reflected in the capital-gains statement Paasa issues.