Sheng Siong Group Ltd
Sheng Siong Group Ltd (SES: OV8) is trading at S$3.27, about ₹245 at today's SGD/INR rate, as of 29 Sep 2026, 5:04 AM ET, up 0.31% today. Indian residents can buy Sheng Siong from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
S$3.26
Today's high
S$3.30
52 week low
S$2.06
52 week high
S$3.46
OV8 opened at S$3.26, closed previously at S$3.26, and has traded between S$2.06 and S$3.46 over the past 52 weeks.
About
Sheng Siong Group Ltd. operates primarily as an investment holding entity, though its core business revolves around an extensive network of supermarket retail outlets situated throughout Singapore. These stores are renowned for their diverse selection of consumer goods, offering everything from perishable items like fresh seafood, various meats, fruits, and vegetables, to fundamental pantry staples suchles as rice, noodles, cooking oils, and an array of spices. Their inventory also encompasses a broad range of packaged, processed, frozen, and preserved food products, alongside baby and personal hygiene essentials, a variety of beverages including alcoholic options, and general household necessities and toiletries. Beyond its retail operations, the company is involved in broader general trading activities and manages wholesale import and export ventures. Furthermore, Sheng Siong extends its market reach through its dedicated online grocery platform, allforyou.sg. The group boasts a substantial retail presence with 64 branded supermarkets across Singapore, complemented by four additional outlets in Kunming, China. Sheng Siong Group Ltd. was established in 1985 and maintains its corporate headquarters in Singapore.
Key statistics
Avg. volume
2.79M
Market cap
S$4.92B
P/E Ratio
31.17
Price-to-sales ratio
2.96
Enterprise value
S$3.69B
Free cash flow yield
5.69%
Debt-to-equity ratio
0.26
Return on equity
25.42%
ROIC
17.09%
Beta
0.08
Dividend yield
2.31%
Last dividend
S$0.07
Financial overview
Revenue
S$1.57B
Earnings per share
S$0.10
Free cash flow
S$224.93M
Net profit margin
9.51%
Gross margin
31.82%
EBITDA
S$248.93M
Revenue growth
9.89%
Similar securities
This is not an investment recommendation
How to buy Sheng Siong from India
Indian residents can buy Sheng Siong 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 SGD.
Search for Sheng Siong and place an order
Find Sheng Siong by name or by its ticker, OV8, and choose an order type. Sheng Siong trades 6:30 am – 2:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Sheng Siong position in SGD 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 Sheng Siong from India
Trading and taxes when buying Sheng Siong from India
Trading and limits
- Trading hours
- 9:00 am – 5:00 pm SGT
- 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. Singapore levies 0% withholding tax on dividends from resident companies. Sheng Siong’s current yield is 2.31%.Dividend tax explained
- Transaction tax
- Singapore levies no stamp duty or transaction tax on listed equities.
- Estate or inheritance tax
- May applySingapore imposes no estate or inheritance tax on listed securities.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 Sheng Siong stock?
Yes. Sheng Siong (OV8) has been listed on the Singapore Exchange since 2011, in the Grocery Stores 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 SGD. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Sheng Siong share cost in rupees?
One Sheng Siong share is S$3.27 — about ₹245 at an SGD/INR rate of 75.05 on 28 Sep 2026. Both the Sheng Siong 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 Sheng Siong 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 Sheng Siong shares taxed in India?
Singapore does not levy capital gains tax on the sale of shares, ETFs or REITs, 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 SGD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Sheng Siong price. Paasa issues a capital-gains statement for your return.
Does Sheng Siong pay a dividend, and how is it taxed in India?
Yes. Sheng Siong pays a dividend and the current yield is 2.31%; the last declared dividend was S$0.07 per share, about ₹5.22. Dividends are taxed at your slab rate in India. Singapore levies 0% withholding tax on dividends from resident companies. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Sheng Siong from India?
The Singapore Exchange trades 6:30 am – 2:30 pm IST in Indian time. Orders can only execute during that window.
Is there estate or inheritance tax on Sheng Siong shares held from India?
Singapore imposes no estate or inheritance tax on listed securities.
Are there transaction taxes when buying Sheng Siong?
Singapore levies no stamp duty or transaction tax on listed equities.
Do I have to declare Sheng Siong 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 Sheng Siong holding, its cost and its closing value.
How do I sell Sheng Siong and bring the money back to India?
You sell during market hours (6:30 am – 2:30 pm IST) and the proceeds settle in SGD 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.