Gulf Development Public Company Limited
Gulf Development Public Company Limited (SES: TGUD) is trading at S$2.37, about ₹174 at today's SGD/INR rate, as of 5 Nov 2026, 8:33 PM ET. Indian residents can buy Gulf Development Public from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
S$2.37
Today's high
S$2.37
52 week low
S$2.30
52 week high
S$2.37
TGUD opened at S$2.37, closed previously at S$2.37, and has traded between S$2.30 and S$2.37 over the past 52 weeks.
About
Gulf Development Public Company Limited generates and sells electricity and steam to public and private clients in Thailand and internationally. The company operates through Power Business, Consulting Business, Infrastructure Business and Satellite and Digital Business segments. It generates electricity through gas-fired, solar, biomass hydroelectric, waste-to-energy, and wind power projects under independent power producers and small power producers. The company undertakes infrastructure and logistics projects; distributes, supplies, and sells natural gas; and operates a digital infrastructure. In addition, the company is involved in the management, technical support, technology, investment services; storing and converting natural gas; satellite and related services; sale of direct television and satellite equipment; transponder services; engineering and development services; broadband network and content services; and broadcasting, television, and telecommunication services. Further, it provides system integration consultancy services for broadband network and technology systems, products and services related to artificial intelligence and space technology. Gulf Development Public Company Limited was founded in 2007 and is based in Bangkok, Thailand.
Key statistics
Avg. volume
2.60K
Market cap
S$35.41B
P/E Ratio
—
Price-to-sales ratio
—
Enterprise value
—
Free cash flow yield
—
Debt-to-equity ratio
—
Return on equity
—
ROIC
—
Beta
1.27
Dividend yield
—
Last dividend
S$0.04
Financial overview
Revenue
—
Earnings per share
—
Free cash flow
—
Net profit margin
—
Gross margin
—
EBITDA
—
Revenue growth
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How to buy Gulf Development Public from India
Indian residents can buy Gulf Development 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. Read the full guide: how to invest in Gulf Development Public from India
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 SGD.
Search for Gulf Development Public and place an order
Find Gulf Development Public by name or by its ticker, TGUD, and choose an order type. Gulf Development Public trades 6:30 am – 2:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Gulf Development Public position in SGD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Trading and taxes when buying Gulf Development Public from India
Trading and limits
- Trading hours
- 9:00 am – 5:00 pm SGT
- 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
- Transaction tax
- Singapore levies no stamp duty or transaction tax on listed equities.
FAQs
Can Indian residents buy Gulf Development Public stock?
Yes. Gulf Development Public (TGUD) has been listed on the Singapore Exchange since 2026, in the Independent Power Producers 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 SGD. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Gulf Development Public share cost in rupees?
One Gulf Development Public share is S$2.37 — about ₹174 at an SGD/INR rate of 73.41 on 10 Nov 2026. Both the Gulf Development 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 Gulf Development 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.
How are gains on Gulf Development Public shares taxed in India?
Singapore does not levy capital gains tax on the sale of shares, ETFs or REITs, 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 SGD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Gulf Development Public price. Paasa issues a capital-gains statement for your return.
Does Gulf Development Public pay a dividend, and how is it taxed in India?
Yes. Gulf Development Public pays a dividend — the most recent was S$0.04 per share, about ₹3.14. Dividends are taxed at your slab rate in India. Paasa's dividend report covers each payment.
When can I trade Gulf Development Public from India?
The Singapore Exchange trades 6:30 am – 2:30 pm IST in Indian time. Orders can only execute during that window.
Is Gulf Development Public a Singapore company, and does that change how it is taxed?
Gulf Development Public trades on the Singapore Exchange in SGD, but the company is domiciled in Thailand. Gulf Development Public trades as an ordinary share listed directly in Singapore, not a depositary receipt. Your India-side capital-gains treatment is the same either way.
Are there transaction taxes when buying Gulf Development Public?
Singapore levies no stamp duty or transaction tax on listed equities.
Do I have to declare Gulf Development 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 Gulf Development Public holding, its cost and its closing value.
How do I sell Gulf Development Public and bring the money back to India?
You sell during market hours (6:30 am – 2:30 pm IST) and the proceeds settle in SGD 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.