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SMXNASDAQMarket openCloses 4:00pm ET

SMX (Security Matters) Public Limited Company

$7.10Last updated
-$0.20 (2.72%)Past day
Timezone

SMX (Security Matters) Public Limited Company (NASDAQ: SMX) is trading at $7.10, about ₹682 at today's USD/INR rate, as of 30 Sep 2026, 10:27 AM ET, down 2.72% today. Indian residents can buy SMX (Security Matters) Public from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$6.88
Previous close:$7.30
Volume:27.21K

Today's low

$6.49

Today's high

$7.24

52 week low

$2.33

52 week high

$5,496.48

SMX opened at $6.88, closed previously at $7.30, and has traded between $2.33 and $5,496.48 over the past 52 weeks.

About

SMX (Security Matters) Public Limited Company offers cutting-edge technological solutions for brand safeguarding, product verification, and supply chain transparency, primarily serving the global anti-counterfeiting industry. At the heart of its offerings is a unique marking system that can embed either permanent or removable identifiers directly onto materials or items, regardless of whether they are solid, liquid, or gaseous. The company's complete solution integrates these physical or chemical markers with a specialized reader, all connected to a secure blockchain-powered digital platform. This suite of capabilities supports applications such as process traceability, authentication, and initiatives within sustainability and circular economics. SMX provides its services to a broad client base, including brand owners, manufacturers, and various suppliers. The company, which changed its name from Empatan Public Limited Company in February 2023, is headquartered in Dublin, Ireland.

Country
IE
CEO
Haggai Alon
Exchange listed on
NASDAQ
Industry
Specialty Business Services
Base currency
USD
Full Time Employees
26
Sector
Industrials
IPO date
09/12/2021

Key statistics

Avg. volume

63.25K

Market cap

$431.04K

P/E Ratio

-8.66

Price-to-sales ratio

0.00

Enterprise value

$190.51M

Free cash flow yield

-8.78%

Debt-to-equity ratio

1.07

Return on equity

-1967.64%

ROIC

-486.68%

Beta

-2.95

Dividend yield

0.00%

Last dividend

$0.00

Financial overview

Revenue

$0.00

Earnings per share

-$0.82

Free cash flow

-$17.00M

Net profit margin

0.00%

Gross margin

0.00%

EBITDA

-$135.24M

Revenue growth

0.00%

Similar securities

This is not an investment recommendation

How to buy SMX (Security Matters) Public from India

Indian residents can buy SMX (Security Matters) Public 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.

  1. 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.

  2. 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.

  3. Search for SMX (Security Matters) Public and place an order

    Find SMX (Security Matters) Public by name or by its ticker, SMX, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. SMX (Security Matters) Public trades 7:00 pm – 1:30 am IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your SMX (Security Matters) Public position in USD and INR. SMX (Security Matters) Public 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 SMX (Security Matters) Public from India

Trading and taxes when buying SMX (Security Matters) Public 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
NoneSMX (Security Matters) Public does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained

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 SMX (Security Matters) Public stock?

Yes. SMX (Security Matters) Public (SMX) has been listed on NASDAQ since 2021, in the Specialty Business Services 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 SMX (Security Matters) Public share cost in rupees?

One SMX (Security Matters) Public share is $7.10 — about ₹682 at a USD/INR rate of 96.06 on 29 Sep 2026. Both the SMX (Security Matters) Public 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 SMX (Security Matters) Public 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 SMX (Security Matters) Public?

Yes. One SMX (Security Matters) Public share is $7.10, 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 SMX (Security Matters) Public.

How are gains on SMX (Security Matters) Public 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 SMX (Security Matters) Public price. Paasa issues a capital-gains statement for your return.

Does SMX (Security Matters) Public pay a dividend?

No. SMX (Security Matters) Public 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 SMX (Security Matters) Public 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 SMX (Security Matters) Public a United States company, and does that change how it is taxed?

SMX (Security Matters) Public trades on NASDAQ in US dollars, but the company is domiciled in Ireland. SMX (Security Matters) Public trades as an ordinary share listed directly in the US, not a depositary receipt. Some non-US companies list in the US through American Depositary Receipts, which can carry dividend withholding at the company's home-country rate. Your India-side capital-gains treatment is the same either way.

Do I have to declare SMX (Security Matters) Public 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 SMX (Security Matters) Public holding, its cost and its closing value.

How do I sell SMX (Security Matters) Public 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.