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Shaires Holdings Ltd.

$16.00Last updated
+$0.65 (4.23%)Past day
Timezone

Shaires Holdings Ltd. (LSE: SHR) is trading at $16.00, about ₹1,536 at today's USD/INR rate, as of 30 Sep 2026, 11:35 AM ET, up 4.23% today. Shaires is not currently available to trade on Paasa; this page shows its price, statistics and the Indian tax treatment for information.

Quote

Open:$15.50
Previous close:$15.35
Volume:9.50K

Today's low

$15.50

Today's high

$16.00

52 week low

$0.12

52 week high

$25.12

SHR opened at $15.50, closed previously at $15.35, and has traded between $0.12 and $25.12 over the past 52 weeks.

About

Shaires Holdings Ltd is a venture capital firm specializing in mid to late stage investments with lesser weighting on earlier stage. The firm is sector agnostic and prefers to invest in technology, energy, materials, industrials, consumer discretionary, consumer staples, health care, financials, information technology, communication services, utilities, real estate and frontier AI across robotics, applied intelligence, defense, applied science, fintech, consumer technology sectors. The firm prefers to invest in the United States, Europe, and Asia. The firm will primarily take direct stakes in private companies, either through cash investments or through issuing its own shares as consideration. It may also invest through indirect structures (including but not limited to special purpose vehicles) and in listed securities, futures, exchange traded funds, money market funds, over-the-counter traded securities, currencies, convertible securities, forward contracts and contractual obligations or similar such assets. It could take long or short positions in such assets. The firm should ensure that such investment does not represent more than 20% of its net asset value immediately following the relevant transaction, except while its net asset value is less than $100 million. With early-stage investments, the firm shall ensure that, on a cumulative basis, such investments do not represent more than 25% of its net asset value immediately following the relevant transaction. The firm will consider issuing its own shares for interests in other companies, but cross holdings will be limited to 20 percent of the firm's issued shares in aggregate from time to time. Shaires Holdings Ltd, formerly known as Jade Road Investments Limited, was incorporated in 2008 and is headquartered in Dubai, United Arab Emirates with Additional offices in Central, Hong Kong, London, Greater London and Singapore, Singapore.

Country
AE
CEO
Vick Seth
Exchange listed on
LSE
Industry
Asset Management
Base currency
USD
Full Time Employees
—
Sector
Financial Services
IPO date
19/10/2009

Key statistics

Avg. volume

2.13K

Market cap

$76.75M

P/E Ratio

-0.14

Price-to-sales ratio

0.00

Enterprise value

-$210.01K

Free cash flow yield

-288.82%

Debt-to-equity ratio

0.00

Return on equity

-156.94%

ROIC

-118.81%

Beta

-0.64

Dividend yield

0.00%

Last dividend

$0.00

Financial overview

Revenue

-$16.00K

Earnings per share

-$19.90

Free cash flow

-$1.26M

Net profit margin

0.00%

Gross margin

0.00%

EBITDA

-$758.00K

Revenue growth

-45.45%

Shaires for Indian investors

Shaires is listed on the London Stock Exchange. It is not currently available to trade on Paasa; the figures on this page are for information, and the tax notes below apply to Indian residents who hold it.

Taxes on Shaires for Indian residents

Trading and limits

Trading hours
8:00 am – 4:30 pm UK
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
NoneShaires does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained
Transaction tax
The UK charges 0.5% Stamp Duty Reserve Tax when buying direct company shares electronically on the LSE; ETFs and UCITS funds do not attract it.

FAQs

Can I buy Shaires on Paasa?

Shaires (SHR) has been listed on the London Stock Exchange since 2009, in the Asset Management industry. Shaires is not currently available to trade on Paasa; the figures on this page are for information. Indian residents who hold it through another broker still declare it under the rules below.

How much does one Shaires share cost in rupees?

One Shaires share is $16.00 — about ₹1,536 at a USD/INR rate of 96.00 on 30 Sep 2026. Both the Shaires price and the rupee rate move during the day, so the rupee cost changes with them.

What are the LRS and TCS rules for investing abroad 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.

How are gains on Shaires shares taxed in India?

Non-residents are exempt from UK capital gains tax on the disposal of listed shares, 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 Shaires price.

Does Shaires pay a dividend?

No. Shaires 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.

When does LSE trade, in Indian time?

The London Stock Exchange trades 12:30 pm – 9:00 pm IST in Indian time. The window shifts to 1:30 pm – 10:00 pm IST when the UK is on standard time.

Is Shaires a United Kingdom company, and does that change how it is taxed?

Shaires trades on the London Stock Exchange in US dollars, but the company is domiciled in United Arab Emirates. Shaires trades as an ordinary share listed directly in the UK, not a depositary receipt. Your India-side capital-gains treatment is the same either way.

Are there transaction taxes when buying Shaires?

The UK charges 0.5% Stamp Duty Reserve Tax when buying direct company shares electronically on the LSE; ETFs and UCITS funds do not attract it. This is charged by the market, not by Paasa.

Do I have to declare Shaires 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. The holding is reported with its cost and its closing value.

Does the rupee rate affect what I make on Shaires?

Yes. Shaires is priced in USD, so your rupee outcome combines the USD move with the USD/INR move between the day you remit and the day you convert back.