Karman Holdings Inc.
Karman Holdings Inc. (NYSE: KRMN) is trading at $35.21, about ₹3,381 at today's USD/INR rate, as of 25 Sep 2026, 2:28 PM ET, up 0.82% today. Indian residents can buy Karman from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$33.37
Today's high
$35.61
52 week low
$32.20
52 week high
$118.38
KRMN opened at $34.56, closed previously at $34.93, and has traded between $32.20 and $118.38 over the past 52 weeks.
About
Karman Holdings Inc., primarily operating through its Karman Space and Defense division, specializes in the design, rigorous testing, production, and sale of vital systems. These critical components are integral to sectors such as missile and defense, various space programs, hypersonic flight, and launch vehicle technologies. The company's offerings also encompass aerospace-grade metallic and composite flight hardware, alongside their necessary sub-assemblies. Additionally, Karman Holdings provides comprehensive solutions for key elements including payload protection and deployment systems, aerodynamic interstage structures, and propulsion units. Established in 2020, the enterprise is based in Huntington Beach, California, and is ultimately owned by its parent company, TCFIII Spaceco SPV LP.
Key statistics
Avg. volume
3.52M
Market cap
$4.67B
P/E Ratio
123.90
Price-to-sales ratio
7.94
Enterprise value
$5.50B
Free cash flow yield
-0.59%
Debt-to-equity ratio
2.08
Return on equity
9.42%
ROIC
5.13%
Beta
0.55
Dividend yield
0.00%
Last dividend
$0.00
Financial overview
Revenue
$471.50M
Earnings per share
$0.13
Free cash flow
-$42.45M
Net profit margin
6.31%
Gross margin
41.67%
EBITDA
$119.83M
Revenue growth
36.57%
Similar securities
This is not an investment recommendation
How to buy Karman from India
Indian residents can buy Karman 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 Karman and place an order
Find Karman by name or by its ticker, KRMN, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Karman trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Karman position in USD and INR. Karman 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 Karman from India
Trading and taxes when buying Karman 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
- NoneKarman 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 Karman stock?
Yes. Karman (KRMN) has been listed on the New York Stock Exchange since 2025, in the Aerospace & Defense 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 Karman share cost in rupees?
One Karman share is $35.21 — about ₹3,381 at a USD/INR rate of 96.02 on 24 Sep 2026. Both the Karman 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 Karman 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 Karman?
Yes. One Karman share is $35.21, 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 Karman.
How are gains on Karman 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 Karman price. Paasa issues a capital-gains statement for your return.
Does Karman pay a dividend?
No. Karman 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 Karman 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 there estate or inheritance tax on Karman 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 Karman 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 Karman holding, its cost and its closing value.
How do I sell Karman 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.