Onex Corporation
Onex Corporation (TSX: ONEX) is trading at CA$108.60, about ₹7,388 at today's CAD/INR rate, as of 25 Sep 2026, 4:00 PM ET, up 0.20% today. Indian residents can buy Onex from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
CA$106.86
Today's high
CA$109.00
52 week low
CA$95.15
52 week high
CA$131.38
ONEX opened at CA$108.34, closed previously at CA$108.38, and has traded between CA$95.15 and CA$131.38 over the past 52 weeks.
About
Onex Corporation functions as a private equity firm, primarily focused on strategic acquisitions and building out platform companies. Its diverse investment strategies include management buyouts, growth equity injections, recapitalizations, operational restructurings of undervalued entities, and corporate carve-outs of non-core divisions from multinational corporations. The firm also pursues investments in distressed businesses across small, mid, large, and upper-middle market capitalizations. Onex targets a wide array of industries globally, such as technology, aerospace, healthcare, retail, restaurants, entertainment, gaming, and various manufacturing sectors including electronics, industrial products, metal services, building products, cabinetry, and commercial vehicles. It also extends its reach into financial services, encompassing commercial and investment banking, financial advisory, and commercial and multi-unit residential real estate. Geographically, Onex seeks businesses headquartered in North America, specifically the United States and Canada, or Europe. Investment commitments typically range from $125 million to $1 billion for companies with at least $300 million in annual revenue, although this minimum is flexible if the target operates in an industry where Onex already has an established presence. The firm makes direct investments and co-investments through its managed private equity, real estate, and credit funds, consistently aiming to secure a controlling stake in its portfolio companies. Founded in 1984, Onex Corporation is headquartered in Toronto, Canada, with additional offices located in New York, Englewood Cliffs, Boston, and London.
Key statistics
Avg. volume
113.97K
Market cap
CA$8.27B
P/E Ratio
11.46
Price-to-sales ratio
12.39
Enterprise value
$5.75B
Free cash flow yield
-3.50%
Debt-to-equity ratio
0.00
Return on equity
5.25%
ROIC
4.86%
Beta
0.97
Dividend yield
0.37%
Last dividend
CA$0.40
Financial overview
Revenue
$293.04M
Earnings per share
$9.10
Free cash flow
$671.00M
Net profit margin
101.81%
Gross margin
74.88%
EBITDA
$653.24M
Revenue growth
-54.71%
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This is not an investment recommendation
How to buy Onex from India
Indian residents can buy Onex 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 CAD.
Search for Onex and place an order
Find Onex by name or by its ticker, ONEX, and choose an order type. Onex trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Onex position in CAD 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 Onex from India
Trading and taxes when buying Onex 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. Onex’s current yield is 0.37%.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 Onex stock?
Yes. Onex (ONEX) has been listed on the Toronto Stock Exchange since 1995, 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 CAD. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Onex share cost in rupees?
One Onex share is CA$108.60 — about ₹7,388 at a CAD/INR rate of 68.03 on 25 Sep 2026. Both the Onex 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 Onex 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 Onex 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 CAD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Onex price. Paasa issues a capital-gains statement for your return.
Does Onex pay a dividend, and how is it taxed in India?
Yes. Onex pays a dividend and the current yield is 0.37%; the last declared dividend was CA$0.40 per share, about ₹27.21. 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 Onex from India?
The Toronto Stock Exchange 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 Canada is on standard time. Orders can only execute during that window.
Do I have to declare Onex 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 Onex holding, its cost and its closing value.
How do I sell Onex and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in CAD 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 Onex?
Yes. Onex is priced in CAD, so your rupee outcome combines the CAD move with the CAD/INR move between the day you remit and the day you convert back. Both directions are reflected in the capital-gains statement Paasa issues.