Joint Stock Company Kaspi.kz
Joint Stock Company Kaspi.kz (NASDAQ: KSPI) is trading at $94.36, about ₹9,064 at today's USD/INR rate, as of 30 Sep 2026, 11:54 AM ET, down 1.45% today. Indian residents can buy Joint Stock Company Kaspi.kz from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$93.84
Today's high
$95.75
52 week low
$68.59
52 week high
$109.94
KSPI opened at $95.75, closed previously at $95.75, and has traded between $68.59 and $109.94 over the past 52 weeks.
About
Joint Stock Company Kaspi.kz, established in 2008 and based in Almaty, Kazakhstan, operates alongside its subsidiaries to deliver a comprehensive suite of digital services encompassing payments, e-commerce, and financial technology. These offerings cater to both individual consumers and a diverse range of merchants. The company's operations are structured around three core platforms: Payments, Marketplace, and Fintech. The Payments Platform is designed to streamline transactions between customers and businesses. For consumers, it facilitates shopping payments, routine bill settlements, and peer-to-peer money transfers. For merchants, it enables them to accept payments both online and in-store, generate and manage invoices, pay suppliers, and monitor their sales performance. This platform also leverages proprietary data to inform strategic business decisions across various operational areas. The Marketplace Platform functions as an integrated hub, connecting online and physical retailers with consumers. Its primary goal is to boost merchant sales through a robust omnichannel strategy while providing shoppers with access to a vast selection of products and services. Key features include m-commerce, a mobile solution for in-person shopping, and e-commerce capabilities that allow users to shop anywhere, anytime, often with complimentary delivery. The platform also incorporates Kaspi Travel for booking domestic and international flights, holiday packages, and rail tickets. Furthermore, it enhances merchant revenues by integrating payment and fintech products, advertising solutions, and various delivery services. Finally, the Fintech Platform offers a range of financial products, primarily accessed through its Kaspi.kz Super App. Consumers can utilize Buy Now, Pay Later (BNPL) schemes, various lending options, and savings accounts, while merchants benefit from specialized financing services. Beyond these, Kaspi.kz's activities extend to traditional banking, the management of non-performing assets, real estate operations, payment processing, online travel services, and information storage and management.
Key statistics
Avg. volume
508.59K
Market cap
$17.93B
P/E Ratio
7.58
Price-to-sales ratio
1.81
Enterprise value
KZT 7.09T
Free cash flow yield
6.53%
Debt-to-equity ratio
0.46
Return on equity
41.67%
ROIC
32.57%
Beta
0.09
Dividend yield
6.05%
Last dividend
$3.53
Financial overview
Revenue
KZT 3.94T
Earnings per share
KZT 5,464.06
Free cash flow
KZT 491.10B
Net profit margin
23.96%
Gross margin
70.50%
EBITDA
KZT 2.18T
Revenue growth
56.09%
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This is not an investment recommendation
How to buy Joint Stock Company Kaspi.kz from India
Indian residents can buy Joint Stock Company Kaspi.kz 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 Joint Stock Company Kaspi.kz and place an order
Find Joint Stock Company Kaspi.kz by name or by its ticker, KSPI, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Joint Stock Company Kaspi.kz trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Joint Stock Company Kaspi.kz 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 Joint Stock Company Kaspi.kz from India
Trading and taxes when buying Joint Stock Company Kaspi.kz 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. Joint Stock Company Kaspi.kz’s current yield is 6.05%.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 Joint Stock Company Kaspi.kz stock?
Yes. Joint Stock Company Kaspi.kz (KSPI) has been listed on NASDAQ since 2024, in the Software - Infrastructure 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 Joint Stock Company Kaspi.kz share cost in rupees?
One Joint Stock Company Kaspi.kz share is $94.36 — about ₹9,064 at a USD/INR rate of 96.06 on 29 Sep 2026. Both the Joint Stock Company Kaspi.kz 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 Joint Stock Company Kaspi.kz 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 Joint Stock Company Kaspi.kz?
Yes. One Joint Stock Company Kaspi.kz share is $94.36, 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 Joint Stock Company Kaspi.kz.
How are gains on Joint Stock Company Kaspi.kz 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 Joint Stock Company Kaspi.kz price. Paasa issues a capital-gains statement for your return.
Does Joint Stock Company Kaspi.kz pay a dividend, and how is it taxed in India?
Yes. Joint Stock Company Kaspi.kz pays a dividend and the current yield is 6.05%; the last declared dividend was $3.53 per share, about ₹339.48. 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 Joint Stock Company Kaspi.kz 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 Joint Stock Company Kaspi.kz a United States company, and does that change how it is taxed?
Joint Stock Company Kaspi.kz trades on NASDAQ in US dollars, but the company is domiciled in Kazakhstan. Joint Stock Company Kaspi.kz trades as an American Depositary Receipt rather than an ordinary share. 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 Joint Stock Company Kaspi.kz 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 Joint Stock Company Kaspi.kz holding, its cost and its closing value.
How do I sell Joint Stock Company Kaspi.kz 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.