NewRiver REIT plc
NewRiver REIT plc (LSE: NRR) is trading at £0.77, about ₹97 at today's GBP/INR rate, as of 25 Sep 2026, 11:35 AM ET, down 0.39% today. Indian residents can buy NewRiver REIT from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
£0.77
Today's high
£0.79
52 week low
£0.66
52 week high
£0.85
NRR opened at £0.78, closed previously at £0.77, and has traded between £0.66 and £0.85 over the past 52 weeks.
About
NewRiver REIT plc (NewRiver) is a prominent UK-based Real Estate Investment Trust that specializes in the acquisition, management, and enhancement of essential retail and leisure properties throughout the country. The company oversees a substantial portfolio valued at £1.1 billion, encompassing 9 million square feet of space. This extensive collection includes 33 community shopping centres, 24 conveniently situated retail parks, and 700 community pubs. NewRiver's strategy is deliberately focused on resilience and stability. It carefully selects assets that primarily house tenants providing essential goods and services, consciously avoiding sectors facing structural challenges, such as traditional department stores, mid-market fashion retailers, and casual dining establishments. This strategic approach, combined with competitive rents and prime locations, consistently generates sustainable and increasing returns for its shareholders. Furthermore, NewRiver's proactive asset management and an integrated development pipeline of 2.6 million square feet ensure ongoing opportunities to maximize value from its property holdings. NewRiver is publicly traded with a Premium Listing on the London Stock Exchange's Main Market under the ticker symbol NRR.
Key statistics
Avg. volume
1.01M
Market cap
£330.33M
P/E Ratio
10.82
Price-to-sales ratio
2.54
Enterprise value
£732.13M
Free cash flow yield
5.93%
Debt-to-equity ratio
1.13
Return on equity
6.98%
ROIC
4.93%
Beta
0.62
Dividend yield
8.74%
Last dividend
£0.07
Financial overview
Revenue
£130.10M
Earnings per share
£0.07
Free cash flow
£19.60M
Net profit margin
24.37%
Gross margin
51.19%
EBITDA
£52.50M
Revenue growth
43.76%
Similar securities
This is not an investment recommendation
How to buy NewRiver REIT from India
Indian residents can buy NewRiver REIT 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 NewRiver REIT and place an order
Find NewRiver REIT by name or by its ticker, NRR, and choose an order type. NewRiver REIT trades 12:30 pm – 9:00 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your NewRiver REIT 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 NewRiver REIT from India
Trading and taxes when buying NewRiver REIT 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. NewRiver REIT’s current yield is 8.74%.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 NewRiver REIT stock?
Yes. NewRiver REIT (NRR) has been listed on the London Stock Exchange since 2009, in the REIT - Retail 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 NewRiver REIT share cost in rupees?
One NewRiver REIT share is £0.77 — about ₹97 at a GBP/INR rate of 127.05 on 25 Sep 2026. Both the NewRiver REIT 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 NewRiver REIT 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 NewRiver REIT 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 NewRiver REIT price. Paasa issues a capital-gains statement for your return.
Does NewRiver REIT pay a dividend, and how is it taxed in India?
Yes. NewRiver REIT pays a dividend and the current yield is 8.74%; the last declared dividend was £0.07 per share, about ₹8.51. 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 NewRiver REIT 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 NewRiver REIT 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 NewRiver REIT?
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 NewRiver REIT 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 NewRiver REIT holding, its cost and its closing value.
How do I sell NewRiver REIT 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.