Innovative-RFK S.p.A.
Innovative-RFK S.p.A. (PAR: MLIRF) is trading at €1.80, about ₹197 at today's EUR/INR rate, as of 9 Sep 2026, 5:30 AM ET. Indian residents can buy Innovative-RFK from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
€1.80
Today's high
€1.80
52 week low
€1.62
52 week high
€1.92
MLIRF opened at €1.80, closed previously at €1.80, and has traded between €1.62 and €1.92 over the past 52 weeks.
About
Innovative-RFK S.p.A. functions as a private equity and venture capital firm, primarily focused on injecting capital into small and medium-sized enterprises (SMEs). The firm supports companies across their developmental spectrum, from initial start-up phases to emerging and established growth. Beyond direct company investments, it also allocates capital to other private equity funds through a fund-of-funds strategy. Its investment preferences span sectors such as biomedical systems, microcredit solutions for SMEs, information technology, the broader high-tech industry, and innovative solutions applicable across various industries. Geographically, Innovative-RFK predominantly targets companies based in Italy. The firm typically commits up to €3 million (approximately $3.54 million) to companies that demonstrate an enterprise value and sales revenue of up to €50 million (around $58.96 million), with an EBITDA reaching up to €5 million (roughly $5.90 million). These investments are funded directly from its own proprietary capital. Innovative-RFK is flexible in its ownership approach, acquiring either minority or majority equity stakes in its portfolio companies. An Initial Public Offering (IPO) serves as its preferred exit strategy, typically targeted within an ambitious 18 to 24-month timeframe. Innovative-RFK S.p.A. was established in 2017 and is headquartered in Milan, Italy.
Key statistics
Avg. volume
967.00
Market cap
€16.37M
P/E Ratio
12.00
Price-to-sales ratio
42.18
Enterprise value
€16.56M
Free cash flow yield
-4.01%
Debt-to-equity ratio
0.09
Return on equity
10.62%
ROIC
-2.80%
Beta
0.01
Dividend yield
0.00%
Last dividend
€0.00
Financial overview
Revenue
€388.14K
Earnings per share
€0.15
Free cash flow
-€656.60K
Net profit margin
358.99%
Gross margin
36.52%
EBITDA
-€386.69K
Revenue growth
51.99%
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This is not an investment recommendation
How to buy Innovative-RFK from India
Indian residents can buy Innovative-RFK 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 EUR.
Search for Innovative-RFK and place an order
Find Innovative-RFK by name or by its ticker, MLIRF, and choose an order type. Innovative-RFK trades 12:30 pm – 9:00 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Innovative-RFK position in EUR and INR. Innovative-RFK 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 Innovative-RFK from India
Trading and taxes when buying Innovative-RFK from India
Trading and limits
- Trading hours
- 9:00 am – 5:30 pm CET
- 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
- NoneInnovative-RFK 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, segregated from Paasa's own assets.
FAQs
Can Indian residents buy Innovative-RFK stock?
Yes. Innovative-RFK (MLIRF) has been listed on Euronext Paris since 2020, 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 EUR. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Innovative-RFK share cost in rupees?
One Innovative-RFK share is €1.80 — about ₹197 at an EUR/INR rate of 109.37 on 25 Sep 2026. Both the Innovative-RFK 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 Innovative-RFK 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 Innovative-RFK shares taxed in India?
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 EUR/INR rate on the purchase and the sale date, so the rupee move counts alongside the Innovative-RFK price. Paasa issues a capital-gains statement for your return.
Does Innovative-RFK pay a dividend?
No. Innovative-RFK 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 Innovative-RFK from India?
Euronext Paris trades 12:30 pm – 9:00 pm IST in Indian time. The window shifts to 1:30 pm – 10:00 pm IST when France is on standard time. Orders can only execute during that window.
Is Innovative-RFK a France company, and does that change how it is taxed?
Innovative-RFK trades on Euronext Paris in EUR, but the company is domiciled in Italy. Innovative-RFK trades as an ordinary share listed directly in France, not a depositary receipt. Your India-side capital-gains treatment is the same either way.
Do I have to declare Innovative-RFK 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 Innovative-RFK holding, its cost and its closing value.
How do I sell Innovative-RFK and bring the money back to India?
You sell during market hours (12:30 pm – 9:00 pm IST) and the proceeds settle in EUR 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.
Does the rupee rate affect what I make on Innovative-RFK?
Yes. Innovative-RFK is priced in EUR, so your rupee outcome combines the EUR move with the EUR/INR move between the day you remit and the day you convert back. Both directions are reflected in the capital-gains statement Paasa issues.