t42 IoT Tracking Solutions PLC
t42 IoT Tracking Solutions PLC (LSE: TRAC) is trading at £0.03, about ₹4 at today's GBP/INR rate, as of 30 Sep 2026, 4:22 AM ET, down 0.76% today. Indian residents can buy t42 IoT Tracking Solutions from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
£0.03
Today's high
£0.04
52 week low
£0.02
52 week high
£0.05
TRAC opened at £0.04, closed previously at £0.03, and has traded between £0.02 and £0.05 over the past 52 weeks.
About
t42 IoT Tracking Solutions PLC, a technology firm formerly known as Starcom plc until November 2021, specializes in developing advanced automated systems. These solutions enable remote tracking, continuous monitoring, robust protection, and efficient management for a diverse range of assets, including individuals, vehicle fleets, shipping containers, and other valuable items. The company operates across two primary business areas: Hardware and Software-as-a-Service (SaaS). Its comprehensive product suite includes: Helios, an Automatic Vehicle Location (AVL) device paired with an integrated fleet management system; Tetis, a real-time GPS tracking and monitoring solution tailored for both dry and refrigerated containers; Lokies, an IoT-enabled keyless smart padlock; and Kylos, a GPS tracker and management platform for general asset oversight. Complementing its hardware, t42 provides a suite of online web applications for web-based fleet and container management, alongside broader monitoring and administrative tools. The Control Center offers defined operational protocols for critical events such as theft, accidents, or driver emergencies. Mobile users can access information via the Olympia Tracking application, available on iOS and Android devices, while the sophisticated Zeppos software consolidates the management of all company assets and team members onto a single platform. t42 IoT Tracking Solutions serves a wide spectrum of clients globally. This includes high-security environments like government and military installations or airports; container and tanker truck operators; distribution companies managing vehicle fleets (trucks, vans); security firms with multiple or remote operational sites; insurance providers; and private individuals. Established in 2004 and headquartered in Saint Helier, Jersey, the company distributes its offerings through an extensive network of technology partners and independent operators, reaching approximately 53 countries worldwide.
Key statistics
Avg. volume
358.14K
Market cap
£2.40M
P/E Ratio
-18.91
Price-to-sales ratio
0.64
Enterprise value
$5.53M
Free cash flow yield
23.24%
Debt-to-equity ratio
-1.44
Return on equity
20.00%
ROIC
28.56%
Beta
0.25
Dividend yield
0.00%
Last dividend
£0.00
Financial overview
Revenue
$6.23M
Earnings per share
-$0.01
Free cash flow
$431.88K
Net profit margin
-2.59%
Gross margin
42.81%
EBITDA
$847.41K
Revenue growth
49.78%
Similar securities
This is not an investment recommendation
How to buy t42 IoT Tracking Solutions from India
Indian residents can buy t42 IoT Tracking Solutions 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 and then to GBP.
Search for t42 IoT Tracking Solutions and place an order
Find t42 IoT Tracking Solutions by name or by its ticker, TRAC, and choose an order type. t42 IoT Tracking Solutions trades 12:30 pm – 9:00 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your t42 IoT Tracking Solutions position in GBP and INR. t42 IoT Tracking Solutions 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 t42 IoT Tracking Solutions from India
Trading and taxes when buying t42 IoT Tracking Solutions from India
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
- Nonet42 IoT Tracking Solutions 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.
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy t42 IoT Tracking Solutions stock?
Yes. t42 IoT Tracking Solutions (TRAC) has been listed on the London Stock Exchange since 2013, in the Hardware, Equipment & Parts 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 GBP. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one t42 IoT Tracking Solutions share cost in rupees?
One t42 IoT Tracking Solutions share is £0.03 — about ₹4 at a GBP/INR rate of 127.06 on 29 Sep 2026. Both the t42 IoT Tracking Solutions 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 t42 IoT Tracking Solutions 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 t42 IoT Tracking Solutions 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 GBP/INR rate on the purchase and the sale date, so the rupee move counts alongside the t42 IoT Tracking Solutions price. Paasa issues a capital-gains statement for your return.
Does t42 IoT Tracking Solutions pay a dividend?
No. t42 IoT Tracking Solutions 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 t42 IoT Tracking Solutions from India?
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. Orders can only execute during that window.
Is t42 IoT Tracking Solutions a United Kingdom company, and does that change how it is taxed?
t42 IoT Tracking Solutions trades on the London Stock Exchange in GBP, but the company is domiciled in Israel. t42 IoT Tracking Solutions 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 t42 IoT Tracking Solutions?
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 t42 IoT Tracking Solutions 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 t42 IoT Tracking Solutions holding, its cost and its closing value.
How do I sell t42 IoT Tracking Solutions and bring the money back to India?
You sell during market hours (12:30 pm – 9:00 pm IST) and the proceeds settle in GBP 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.