Onity Group Inc.
Onity Group Inc. (NYSE: ONIT) is trading at $29.85, about ₹2,867 at today's USD/INR rate, as of 29 Sep 2026, 4:00 PM ET, up 1.26% today. Indian residents can buy Onity from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$29.24
Today's high
$30.45
52 week low
$29.24
52 week high
$54.10
ONIT opened at $29.61, closed previously at $29.48, and has traded between $29.24 and $54.10 over the past 52 weeks.
About
Onity Group Inc. operates as a financial services firm focused on the creation and administration of both conventional (forward) and reverse mortgage loans. Its business activities extend across the United States, the U.S. Virgin Islands, India, and the Philippines, and are structured into two core divisions: Servicing and Originations. The company provides a wide array of offerings, including the management of owned mortgage servicing rights and subservicing products. Its comprehensive loan portfolio features traditional conventional mortgages, government-backed loans, non-agency mortgages, reverse mortgages, multi-family property loans, and both residential forward and small commercial mortgage solutions. Onity actively originates and acquires conventional and government-insured residential forward and reverse mortgage loans through various avenues, such as correspondent lending partnerships, broker relationships, and direct retail channels. Services are delivered under its recognized brands, PHH Mortgage and Liberty Reverse Mortgage, primarily catering to other financial institutions. Established in 1988 and headquartered in West Palm Beach, Florida, the organization recently rebranded in June 2024, transitioning from its former identity as Ocwen Financial Corporation to its current name, Onity Group Inc.
Key statistics
Avg. volume
67.35K
Market cap
$251.70M
P/E Ratio
1.77
Price-to-sales ratio
0.21
Enterprise value
$15.37B
Free cash flow yield
-305.54%
Debt-to-equity ratio
16.43
Return on equity
30.18%
ROIC
3.69%
Beta
1.44
Dividend yield
0.00%
Last dividend
$0.00
Financial overview
Revenue
$1.07B
Earnings per share
$23.07
Free cash flow
-$1.12B
Net profit margin
11.77%
Gross margin
73.29%
EBITDA
$580.33M
Revenue growth
-0.24%
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This is not an investment recommendation
How to buy Onity from India
Indian residents can buy Onity 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 Onity and place an order
Find Onity by name or by its ticker, ONIT, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Onity trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Onity position in USD and INR. Onity 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 Onity from India
Trading and taxes when buying Onity 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
- NoneOnity does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
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 Onity stock?
Yes. Onity (ONIT) has been listed on the New York Stock Exchange since 1996, in the Financial - Mortgages 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 Onity share cost in rupees?
One Onity share is $29.85 — about ₹2,867 at a USD/INR rate of 96.06 on 29 Sep 2026. Both the Onity 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 Onity 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 Onity?
Yes. One Onity share is $29.85, 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 Onity.
How are gains on Onity 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 Onity price. Paasa issues a capital-gains statement for your return.
Does Onity pay a dividend?
No. Onity 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 Onity from India?
The New York 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 the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on Onity shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare Onity 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 Onity holding, its cost and its closing value.
How do I sell Onity 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.