Singapore Shipping Corporation Limited
Singapore Shipping Corporation Limited (SES: S19) is trading at S$0.29, about ₹22 at today's SGD/INR rate, as of 25 Sep 2026, 4:23 AM ET, down 3.33% today. Indian residents can buy Singapore Shipping from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
S$0.29
Today's high
S$0.29
52 week low
S$0.28
52 week high
S$0.32
S19 opened at S$0.29, closed previously at S$0.30, and has traded between S$0.28 and S$0.32 over the past 52 weeks.
About
Singapore Shipping Corporation Limited functions as an investment holding entity, engaging in both the ownership and management of maritime vessels. Operating globally with a significant presence in Singapore and Japan, the company structures its operations into two main segments: Ship Owning, and Agency and Logistics. Its Ship Owning division is responsible for a fleet of five vessels and also delivers extensive ship management services. These services encompass technical oversight, procurement, ISO/ISM certification and audits, crew acquisition and administration, vessel inspections, and expert consultancy for new ship construction. The Agency and Logistics segment offers a broad spectrum of maritime support. This includes comprehensive shipping agency and terminal operation services suchating vessel support, marketing, documentation, vessel husbandry, stevedoring, and cargo management. Specialized port services are also provided, involving on-site supervision of loading and discharging by port captains, strategic vessel pre-planning for stowage, and meticulous coordination with masters and agents to optimize vessel turn-around times and dispatch. Additionally, its logistics and warehousing capabilities span international sea and airfreight forwarding, end-to-end door-to-door delivery, vessel and aircraft chartering, customs clearance, vital documentation like certificates of origin and carnets, and complex cross-trade and project management solutions. The company further handles spare parts packing and repacking, container stuffing, alongside general distribution, warehousing, and storage facilities. Established in Singapore in 1935, the company continues to maintain its headquarters in the city-state.
Key statistics
Avg. volume
166.77K
Market cap
S$116.17M
P/E Ratio
5.54
Price-to-sales ratio
1.80
Enterprise value
$12.39M
Free cash flow yield
25.43%
Debt-to-equity ratio
0.13
Return on equity
11.66%
ROIC
6.52%
Beta
0.20
Dividend yield
3.45%
Last dividend
S$0.01
Financial overview
Revenue
$50.59M
Earnings per share
$0.04
Free cash flow
$21.95M
Net profit margin
32.45%
Gross margin
28.55%
EBITDA
$25.06M
Revenue growth
4.20%
Similar securities
This is not an investment recommendation
How to buy Singapore Shipping from India
Indian residents can buy Singapore Shipping 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 Singapore Shipping and place an order
Find Singapore Shipping by name or by its ticker, S19, and choose an order type. Singapore Shipping trades 6:30 am – 2:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Singapore Shipping 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 Singapore Shipping from India
Trading and taxes when buying Singapore Shipping 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. Singapore Shipping’s current yield is 3.45%.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 Singapore Shipping stock?
Yes. Singapore Shipping (S19) has been listed on the Singapore Exchange since 2000, in the Marine Shipping 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 Singapore Shipping share cost in rupees?
One Singapore Shipping share is S$0.29 — about ₹22 at an SGD/INR rate of 74.94 on 25 Sep 2026. Both the Singapore Shipping 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 Singapore Shipping 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 Singapore Shipping 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 Singapore Shipping price. Paasa issues a capital-gains statement for your return.
Does Singapore Shipping pay a dividend, and how is it taxed in India?
Yes. Singapore Shipping pays a dividend and the current yield is 3.45%; the last declared dividend was S$0.01 per share, about ₹0.75. 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 Singapore Shipping 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 Singapore Shipping shares held from India?
Singapore imposes no estate or inheritance tax on listed securities.
Are there transaction taxes when buying Singapore Shipping?
Singapore levies no stamp duty or transaction tax on listed equities.
Do I have to declare Singapore Shipping 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 Singapore Shipping holding, its cost and its closing value.
How do I sell Singapore Shipping 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.