BlackRock TCP Capital Corp.
BlackRock TCP Capital Corp. (NASDAQ: TCPC) is trading at $4.01, about ₹385 at today's USD/INR rate, as of 25 Sep 2026, 4:00 PM ET, up 0.25% today. Indian residents can buy BlackRock TCP Capital from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$3.97
Today's high
$4.03
52 week low
$3.08
52 week high
$6.28
TCPC opened at $4.00, closed previously at $4.00, and has traded between $3.08 and $6.28 over the past 52 weeks.
About
BlackRock TCP Capital Corp. operates as a business development company (BDC) with a primary focus on deploying direct equity and debt capital into middle-market enterprises. Its investment portfolio spans a wide range of financial instruments, encompassing various forms of debt such as senior secured, junior, and originated loans, alongside mezzanine financing, corporate bonds, and opportunistic secondary-market transactions. The firm also actively seeks to acquire ownership stakes through its equity investments. Its investment strategy is geographically centered within the United States, targeting a diverse array of sectors. These include, among others, communication and media services (such as public relations, television, and wireless communications), consumer products and retail (including apparel, restaurants, and general merchandising), the energy sector (specifically oil and gas extraction), intellectual property ownership, various financial services (like credit agencies and insurance), healthcare and biotechnology, industrial engineering and manufacturing (e.g., heavy electrical equipment, chemicals), and a broad spectrum of technology and specialized business services (including IT consulting, software development, application hosting, and certain logistics providers). Individual investments typically fall within the range of $10 million to $35 million. The companies BlackRock TCP Capital Corp. supports generally possess enterprise values between $100 million and $1.5 billion, even when navigating complex operational or financial circumstances.
Key statistics
Avg. volume
793.88K
Market cap
$336.45M
P/E Ratio
-3.16
Price-to-sales ratio
2.48
Enterprise value
$1.09B
Free cash flow yield
118.80%
Debt-to-equity ratio
1.65
Return on equity
-17.68%
ROIC
4.64%
Beta
1.04
Dividend yield
18.95%
Last dividend
$0.88
Financial overview
Revenue
-$76.35M
Earnings per share
-$1.05
Free cash flow
$154.92M
Net profit margin
-79.90%
Gross margin
72.64%
EBITDA
-$22.84M
Revenue growth
-467.67%
Similar securities
This is not an investment recommendation
How to buy BlackRock TCP Capital from India
Indian residents can buy BlackRock TCP Capital 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 BlackRock TCP Capital and place an order
Find BlackRock TCP Capital by name or by its ticker, TCPC, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. BlackRock TCP Capital trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your BlackRock TCP Capital position in USD 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 BlackRock TCP Capital from India
Trading and taxes when buying BlackRock TCP Capital 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. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. BlackRock TCP Capital’s current yield is 18.95%.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 BlackRock TCP Capital stock?
Yes. BlackRock TCP Capital (TCPC) has been listed on NASDAQ since 2012, in the Asset Management 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 BlackRock TCP Capital share cost in rupees?
One BlackRock TCP Capital share is $4.01 — about ₹385 at a USD/INR rate of 95.92 on 25 Sep 2026. Both the BlackRock TCP Capital 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 BlackRock TCP Capital 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 BlackRock TCP Capital?
Yes. One BlackRock TCP Capital share is $4.01, 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 BlackRock TCP Capital.
How are gains on BlackRock TCP Capital 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 BlackRock TCP Capital price. Paasa issues a capital-gains statement for your return.
Does BlackRock TCP Capital pay a dividend, and how is it taxed in India?
Yes. BlackRock TCP Capital pays a dividend and the current yield is 18.95%; the last declared dividend was $0.88 per share, about ₹84.41. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade BlackRock TCP Capital 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 BlackRock TCP Capital 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 BlackRock TCP Capital 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 BlackRock TCP Capital holding, its cost and its closing value.
How do I sell BlackRock TCP Capital 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.