Loop Industries, Inc.
Loop Industries, Inc. (NASDAQ: LOOP) is trading at $0.47, about ₹46 at today's USD/INR rate, as of 24 Sep 2026, 4:00 PM ET, down 0.04% today. Indian residents can buy Loop Industries from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$0.47
Today's high
$0.50
52 week low
$0.41
52 week high
$1.99
LOOP opened at $0.49, closed previously at $0.48, and has traded between $0.41 and $1.99 over the past 52 weeks.
About
Loop Industries Inc., a technology firm, specializes in chemically recycling discarded polyethylene terephthalate (PET) plastics and polyester textiles, breaking them down into their fundamental molecular components. From these constituent monomers, the company then synthesizes pristine, "virgin-quality" PET resins. These resins are suitable for manufacturing food-safe plastic packaging, including beverage bottles for water and soft drinks, as well as containers for various food items and consumer goods. Additionally, it produces polyester fibers utilized in textiles, clothing, and other apparel. Established in 2010, Loop Industries Inc. operates from its headquarters in Terrebonne, Canada.
Key statistics
Avg. volume
69.89K
Market cap
$22.98M
P/E Ratio
-1.88
Price-to-sales ratio
52.10
Enterprise value
$24.93M
Free cash flow yield
-35.93%
Debt-to-equity ratio
-0.25
Return on equity
142.32%
ROIC
-245.16%
Beta
1.46
Dividend yield
0.00%
Last dividend
$0.00
Financial overview
Revenue
$514.00K
Earnings per share
-$0.26
Free cash flow
-$10.32M
Net profit margin
-2774.60%
Gross margin
-219.50%
EBITDA
-$9.74M
Revenue growth
-95.28%
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This is not an investment recommendation
How to buy Loop Industries from India
Indian residents can buy Loop Industries 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 Loop Industries and place an order
Find Loop Industries by name or by its ticker, LOOP, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Loop Industries trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Loop Industries position in USD and INR. Loop Industries 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 Loop Industries from India
Trading and taxes when buying Loop Industries 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
- NoneLoop Industries 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 Loop Industries stock?
Yes. Loop Industries (LOOP) has been listed on NASDAQ since 2017, in the Chemicals - Specialty 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 Loop Industries share cost in rupees?
One Loop Industries share is $0.47 — about ₹46 at a USD/INR rate of 96.02 on 24 Sep 2026. Both the Loop Industries 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 Loop Industries 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 Loop Industries?
Yes. One Loop Industries share is $0.47, 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 Loop Industries.
How are gains on Loop Industries 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 Loop Industries price. Paasa issues a capital-gains statement for your return.
Does Loop Industries pay a dividend?
No. Loop Industries 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 Loop Industries 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 Loop Industries a United States company, and does that change how it is taxed?
Loop Industries trades on NASDAQ in US dollars, but the company is domiciled in Canada. Loop Industries 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 Loop Industries 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 Loop Industries holding, its cost and its closing value.
How do I sell Loop Industries 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.