Serabi Gold plc
Serabi Gold plc (TSX: SBI) is trading at CA$4.60, about ₹311 at today's CAD/INR rate, as of 30 Sep 2026, 11:41 AM ET, up 0.22% today. Indian residents can buy Serabi Gold from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
CA$4.56
Today's high
CA$4.73
52 week low
CA$4.03
52 week high
CA$6.99
SBI opened at CA$4.65, closed previously at CA$4.59, and has traded between CA$4.03 and CA$6.99 over the past 52 weeks.
About
Serabi Gold plc is a company dedicated to the assessment, prospecting, and development phases of gold mining projects located throughout Brazil. In addition to its primary focus on gold, the company also actively explores for copper deposits. Its most significant asset is the Palito mining complex, an extensive property spanning roughly 48,846 hectares, situated in the Tapajos region of northern Brazil. Established in 1999, the company initially operated as Serabi Mining Limited before rebranding to Serabi Gold plc in October 2011. Serabi Gold plc maintains its corporate headquarters in London, United Kingdom.
Key statistics
Avg. volume
37.78K
Market cap
CA$351.02M
P/E Ratio
3.77
Price-to-sales ratio
1.29
Enterprise value
$285.99M
Free cash flow yield
10.81%
Debt-to-equity ratio
0.01
Return on equity
32.42%
ROIC
29.87%
Beta
0.84
Dividend yield
0.02%
Last dividend
CA$0.09
Financial overview
Revenue
$159.32M
Earnings per share
$0.73
Free cash flow
$35.46M
Net profit margin
33.71%
Gross margin
52.38%
EBITDA
$79.30M
Revenue growth
68.52%
Similar securities
This is not an investment recommendation
How to buy Serabi Gold from India
Indian residents can buy Serabi Gold 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 Serabi Gold and place an order
Find Serabi Gold by name or by its ticker, SBI, and choose an order type. Serabi Gold trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Serabi Gold 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 Serabi Gold from India
Trading and taxes when buying Serabi Gold 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.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 Serabi Gold stock?
Yes. Serabi Gold (SBI) has been listed on the Toronto Stock Exchange since 2011, in the Gold 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 Serabi Gold share cost in rupees?
One Serabi Gold share is CA$4.60 — about ₹311 at a CAD/INR rate of 67.65 on 29 Sep 2026. Both the Serabi Gold 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 Serabi Gold 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 Serabi Gold 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 Serabi Gold price. Paasa issues a capital-gains statement for your return.
Does Serabi Gold pay a dividend, and how is it taxed in India?
Yes. Serabi Gold pays a dividend — the most recent was CA$0.09 per share, about ₹6.36. Dividends are taxed at your slab rate in India. Paasa's dividend report covers each payment.
When can I trade Serabi Gold 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.
Is Serabi Gold a Canada company, and does that change how it is taxed?
Serabi Gold trades on the Toronto Stock Exchange in CAD, but the company is domiciled in United Kingdom. Serabi Gold trades as an ordinary share listed directly in Canada, not a depositary receipt. Your India-side capital-gains treatment is the same either way.
Do I have to declare Serabi Gold 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 Serabi Gold holding, its cost and its closing value.
How do I sell Serabi Gold 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 Serabi Gold?
Yes. Serabi Gold 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.