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ITPAMEXMarket closedOpens 9:30am ET

IT Tech Packaging, Inc.

$0.14Last updated
-$0.01 (3.52%)Past day
Timezone

IT Tech Packaging, Inc. (AMEX: ITP) is trading at $0.14, about ₹13 at today's USD/INR rate, as of 29 Sep 2026, 4:00 PM ET, down 3.52% today. Indian residents can buy IT Tech Packaging from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$0.15
Previous close:$0.14
Volume:92.72K

Today's low

$0.14

Today's high

$0.15

52 week low

$0.14

52 week high

$0.39

ITP opened at $0.15, closed previously at $0.14, and has traded between $0.14 and $0.39 over the past 52 weeks.

About

IT Tech Packaging, Inc. operates within the People's Republic of China, focusing on the manufacturing and distribution of a diverse array of paper and related products. The company supplies corrugating medium papers, which are utilized by businesses in the production of corrugated cardboard, and also provides offset printing papers to printing establishments. Under its "Dongfang Paper" brand, IT Tech Packaging offers an extensive selection of tissue products, encompassing toilet paper, various boxed and soft-packed facial tissues, handkerchiefs, paper napkins, and both bathroom and kitchen paper towels. In addition to its paper lines, the company produces and sells both non-medical disposable face masks and medical-grade face masks. Founded in 1996, the firm was originally named Orient Paper, Inc., before officially rebranding to IT Tech Packaging, Inc. in August 2018. Its corporate headquarters are located in Baoding, People's Republic of China.

Country
CN
CEO
Zhenyong Liu
Exchange listed on
AMEX
Industry
Paper, Lumber & Forest Products
Base currency
USD
Full Time Employees
383
Sector
Basic Materials
IPO date
01/10/2007

Key statistics

Avg. volume

660.70K

Market cap

$2.32M

P/E Ratio

-0.22

Price-to-sales ratio

0.04

Enterprise value

$9.74M

Free cash flow yield

98.62%

Debt-to-equity ratio

0.07

Return on equity

-6.31%

ROIC

-4.96%

Beta

-0.23

Dividend yield

0.00%

Last dividend

$0.00

Financial overview

Revenue

$75.84M

Earnings per share

-$0.98

Free cash flow

$5.97M

Net profit margin

-11.26%

Gross margin

5.51%

EBITDA

$6.11M

Revenue growth

-12.37%

Similar securities

This is not an investment recommendation

How to buy IT Tech Packaging from India

Indian residents can buy IT Tech Packaging 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.

  3. Search for IT Tech Packaging and place an order

    Find IT Tech Packaging by name or by its ticker, ITP, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. IT Tech Packaging trades 7:00 pm – 1:30 am IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your IT Tech Packaging position in USD and INR. IT Tech Packaging 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 IT Tech Packaging from India

Trading and taxes when buying IT Tech Packaging 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
NoneIT Tech Packaging does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.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 IT Tech Packaging stock?

Yes. IT Tech Packaging (ITP) has been listed on NYSE American since 2007, in the Paper, Lumber & Forest Products 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 IT Tech Packaging share cost in rupees?

One IT Tech Packaging share is $0.14 — about ₹13 at a USD/INR rate of 96.06 on 29 Sep 2026. Both the IT Tech Packaging 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 IT Tech Packaging 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 IT Tech Packaging?

Yes. One IT Tech Packaging share is $0.14, 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 IT Tech Packaging.

How are gains on IT Tech Packaging 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 IT Tech Packaging price. Paasa issues a capital-gains statement for your return.

Does IT Tech Packaging pay a dividend?

No. IT Tech Packaging 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 IT Tech Packaging from India?

NYSE American 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 IT Tech Packaging a United States company, and does that change how it is taxed?

IT Tech Packaging trades on NYSE American in US dollars, but the company is domiciled in China. IT Tech Packaging 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 IT Tech Packaging 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 IT Tech Packaging holding, its cost and its closing value.

How do I sell IT Tech Packaging 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.