Mercia Asset Management PLC
Mercia Asset Management PLC (LSE: MERC) is trading at £0.28, about ₹36 at today's GBP/INR rate, as of 30 Sep 2026, 7:29 AM ET, up 1.75% today. Indian residents can buy Mercia Asset Management from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
£0.28
Today's high
£0.29
52 week low
£0.25
52 week high
£0.34
MERC opened at £0.29, closed previously at £0.28, and has traded between £0.25 and £0.34 over the past 52 weeks.
About
Mercia Asset Management PLC functions as a private equity and venture capital firm, dedicating its expertise to a full spectrum of investment stages. This includes initial incubation, seed EIS, early-stage, emerging growth, mid-venture, late-stage, and growth capital funding. The company primarily directs its investments towards technology-driven enterprises spanning diverse sectors such as digital entertainment, consumer services, media, retail, energy, healthcare, industrials, materials, real estate, telecommunications, gaming, internet, software, electronics and hardware, advanced materials, transportation, biosciences, engineering and specialist manufacturing, and life sciences. Geographically, Mercia focuses its capital deployment within the Midlands and the northern areas of the United Kingdom, specifically encompassing the North of England and Scotland. Individual investment sums typically range from £1 million (approximately $1.25 million) to £10 million (approximately $12.52 million). The firm offers financing via direct equity stakes, its managed funds, or through alternative instruments like debt and convertible securities. It aims to secure either controlling (majority) or non-controlling (minority) equity positions and actively seeks board representation within its portfolio companies. Established in April 2014, Mercia Asset Management PLC maintains its principal office in Henley-in-Arden, United Kingdom, complemented by additional locations across Europe.
Key statistics
Avg. volume
687.84K
Market cap
£120.19M
P/E Ratio
-14.03
Price-to-sales ratio
3.52
Enterprise value
£92.74M
Free cash flow yield
3.97%
Debt-to-equity ratio
0.01
Return on equity
-4.96%
ROIC
-4.74%
Beta
0.76
Dividend yield
3.40%
Last dividend
£0.01
Financial overview
Revenue
£34.14M
Earnings per share
-£0.02
Free cash flow
£4.69M
Net profit margin
-25.23%
Gross margin
89.54%
EBITDA
-£4.01M
Revenue growth
-3.03%
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This is not an investment recommendation
How to buy Mercia Asset Management from India
Indian residents can buy Mercia Asset Management 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 GBP.
Search for Mercia Asset Management and place an order
Find Mercia Asset Management by name or by its ticker, MERC, and choose an order type. Mercia Asset Management trades 12:30 pm – 9:00 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Mercia Asset Management position in GBP 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 Mercia Asset Management from India
Trading and taxes when buying Mercia Asset Management from India
Trading and limits
- Trading hours
- 8:00 am – 4:30 pm UK
- 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. The UK levies 0% withholding tax on company dividends paid to non-residents. Mercia Asset Management’s current yield is 3.40%.Dividend tax explained
- Transaction tax
- The UK charges 0.5% Stamp Duty Reserve Tax when buying direct company shares electronically on the LSE; ETFs and UCITS funds do not attract it.
- Estate or inheritance tax
- May applyShares in UK-incorporated companies are UK-situs assets and fall within UK Inheritance Tax, charged at 40% above the £325,000 threshold for non-residents.Estate tax explained
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy Mercia Asset Management stock?
Yes. Mercia Asset Management (MERC) has been listed on the London Stock Exchange since 2014, 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 GBP. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Mercia Asset Management share cost in rupees?
One Mercia Asset Management share is £0.28 — about ₹36 at a GBP/INR rate of 127.06 on 29 Sep 2026. Both the Mercia Asset Management 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 Mercia Asset Management 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 Mercia Asset Management shares taxed in India?
Non-residents are exempt from UK capital gains tax on the disposal of listed shares, 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 GBP/INR rate on the purchase and the sale date, so the rupee move counts alongside the Mercia Asset Management price. Paasa issues a capital-gains statement for your return.
Does Mercia Asset Management pay a dividend, and how is it taxed in India?
Yes. Mercia Asset Management pays a dividend and the current yield is 3.40%; the last declared dividend was £0.01 per share, about ₹1.23. Dividends are taxed at your slab rate in India. The UK levies 0% withholding tax on company dividends paid to non-residents. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Mercia Asset Management from India?
The London Stock Exchange trades 12:30 pm – 9:00 pm IST in Indian time. The window shifts to 1:30 pm – 10:00 pm IST when the UK is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on Mercia Asset Management shares held from India?
Shares in UK-incorporated companies are UK-situs assets and fall within UK Inheritance Tax, charged at 40% above the £325,000 threshold for non-residents. It applies to your overall holdings in that jurisdiction rather than to any one position.
Are there transaction taxes when buying Mercia Asset Management?
The UK charges 0.5% Stamp Duty Reserve Tax when buying direct company shares electronically on the LSE; ETFs and UCITS funds do not attract it. This is charged by the market, not by Paasa.
Do I have to declare Mercia Asset Management 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 Mercia Asset Management holding, its cost and its closing value.
How do I sell Mercia Asset Management and bring the money back to India?
You sell during market hours (12:30 pm – 9:00 pm IST) and the proceeds settle in GBP 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.