Socket Mobile, Inc.
Socket Mobile, Inc. (NASDAQ: SCKT) is trading at $0.45, about ₹43 at today's USD/INR rate, as of 29 Sep 2026, 4:00 PM ET, down 0.33% today. Indian residents can buy Socket Mobile from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$0.45
Today's high
$0.47
52 week low
$0.38
52 week high
$2.79
SCKT opened at $0.45, closed previously at $0.45, and has traded between $0.38 and $2.79 over the past 52 weeks.
About
Socket Mobile, Inc. provides data capture and delivery solutions in the United States, Europe, Asia, and internationally. Its products and solutions are integrated into mobile applications for applications in the areas of point of sale, commercial services, asset tracking, manufacturing and quality control processes, transportation and logistics, event management, medical, and education. The company also offers cordless data capture devices that connect through Bluetooth and work with applications running on smartphones, mobile computers, and tablets; DuraScan 600 series NFC and RFID readers, 700 series companion scanners, 800 series attachable scanners, and the wearable 900 series products; and SocketScan solutions for seamless integration into various business applications, including the 300 series countertop readers, the 500 series NFC mobile wallet readers, the 700 series companion scanners, and the 800 series attachable scanners. In addition, it provides DuraSled, a protective barcode sled scanner; SocketCam C820 and C860, which are camera-based barcode scanners; and software developer kits, such as CaptureSDK that enables the App providers to modify captured data, control the placement of the barcoded or RFID data in their applications, and control the feedback to the user. Further, the company offers XtremeScan case, XtremeScan, and XtremeScan grip for the iphone. It serves retail, commercial services, industrial and manufacturing, transportation and logistics, and healthcare industries through a network of distributors, online resellers, and application providers, as well as online stores. The company was formerly known as Socket Communications, Inc. and changed its name to Socket Mobile, Inc. in April 2008. Socket Mobile, Inc. was founded in 1992 and is headquartered in Fremont, California.
Key statistics
Avg. volume
3.16M
Market cap
$3.71M
P/E Ratio
-0.24
Price-to-sales ratio
0.27
Enterprise value
$13.82M
Free cash flow yield
-22.11%
Debt-to-equity ratio
3.29
Return on equity
-336.06%
ROIC
-26.69%
Beta
1.36
Dividend yield
0.00%
Last dividend
$0.00
Financial overview
Revenue
$15.08M
Earnings per share
-$1.81
Free cash flow
-$1.79M
Net profit margin
-107.50%
Gross margin
49.10%
EBITDA
-$1.37M
Revenue growth
-19.64%
Similar securities
This is not an investment recommendation
How to buy Socket Mobile from India
Indian residents can buy Socket Mobile 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 Socket Mobile and place an order
Find Socket Mobile by name or by its ticker, SCKT, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Socket Mobile trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Socket Mobile position in USD and INR. Socket Mobile 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 Socket Mobile from India
Trading and taxes when buying Socket Mobile 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
- NoneSocket Mobile 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 Socket Mobile stock?
Yes. Socket Mobile (SCKT) has been listed on NASDAQ since 1999, in the Computer Hardware 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 Socket Mobile share cost in rupees?
One Socket Mobile share is $0.45 — about ₹43 at a USD/INR rate of 96.06 on 29 Sep 2026. Both the Socket Mobile 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 Socket Mobile 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 Socket Mobile?
Yes. One Socket Mobile share is $0.45, 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 Socket Mobile.
How are gains on Socket Mobile 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 Socket Mobile price. Paasa issues a capital-gains statement for your return.
Does Socket Mobile pay a dividend?
No. Socket Mobile 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 Socket Mobile from India?
NASDAQ 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 Socket Mobile 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 Socket Mobile 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 Socket Mobile holding, its cost and its closing value.
How do I sell Socket Mobile 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.