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UL Solutions Inc.

$64.80Last updated
-$1.25 (1.89%)Past day
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UL Solutions Inc. (NYSE: ULS) is trading at $64.80, about ₹6,225 at today's USD/INR rate, as of 28 Sep 2026, 4:00 PM ET, down 1.89% today. Indian residents can buy UL Solutions from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$65.74
Previous close:$66.05
Volume:1.07M

Today's low

$64.70

Today's high

$66.96

52 week low

$63.17

52 week high

$107.54

ULS opened at $65.74, closed previously at $66.05, and has traded between $63.17 and $107.54 over the past 52 weeks.

About

UL Solutions Inc. is a global leader in safety science services. The company's operations are organized into three primary business units: Industrial, Consumer, and Software and Advisory. The Industrial division provides comprehensive testing, inspection, and certification services. These offerings serve a wide range of markets, including energy, industrial automation, engineered materials, and the built environment, supporting various parties such as manufacturers, building owners, end-users, and regulatory authorities. Within the Consumer segment, UL Solutions delivers diverse services, including safety certification testing, ongoing compliance monitoring, and assistance with global market access. It also conducts evaluations for connectivity, performance, and quality, alongside offering critical systems advisory and training. Furthermore, this segment aids clients with product market acceptance and risk mitigation. Its customer base includes industries producing consumer electronics, medical devices, information technologies, appliances, HVAC systems, lighting, and retail goods, as well as those involved in emerging consumer applications like new mobility, smart products, and 5G technology. The Software and Advisory segment offers specialized software solutions and technical consulting. These services enable clients in heavily regulated industries, such as life sciences, to manage intricate regulatory obligations, improve transparency within their supply chains, and embed sustainability into their operations, particularly concerning new ESG (Environmental, Social, and Governance) and sustainability directives. A key offering is the ULTRUS software brand, designed to help customers achieve faster time-to-market, enhance sustainability, and strengthen safety protocols. Founded in 1894, the company was formerly known as UL Inc. before rebranding to UL Solutions Inc. in June 2022. Headquartered in Northbrook, Illinois, UL Solutions Inc. boasts a significant international presence with offices spanning North America, Asia Pacific, Africa, Europe, Latin America, and the Middle East. It operates as a subsidiary of ULSE Inc.

Country
US
CEO
Jennifer F. Scanlon
Exchange listed on
NYSE
Industry
Specialty Business Services
Base currency
USD
Full Time Employees
14,719
Sector
Industrials
IPO date
11/04/2024

Key statistics

Avg. volume

948.31K

Market cap

$13.02B

P/E Ratio

25.82

Price-to-sales ratio

4.14

Enterprise value

$13.14B

Free cash flow yield

3.35%

Debt-to-equity ratio

0.35

Return on equity

37.55%

ROIC

17.68%

Beta

0.70

Dividend yield

0.87%

Last dividend

$0.57

Financial overview

Revenue

$3.05B

Earnings per share

$1.62

Free cash flow

$403.00M

Net profit margin

16.02%

Gross margin

50.15%

EBITDA

$738.35M

Revenue growth

6.38%

Similar securities

This is not an investment recommendation

How to buy UL Solutions from India

Indian residents can buy UL 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.

  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 UL Solutions and place an order

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

  4. Track holdings and download tax reports

    Follow your UL Solutions 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 UL Solutions from India

Trading and taxes when buying UL Solutions 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. UL Solutions’ current yield is 0.87%.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 UL Solutions stock?

Yes. UL Solutions (ULS) has been listed on the New York Stock Exchange since 2024, 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 UL Solutions share cost in rupees?

One UL Solutions share is $64.80 — about ₹6,225 at a USD/INR rate of 96.07 on 28 Sep 2026. Both the UL 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 UL 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.

Can I buy whole shares of UL Solutions?

Yes. One UL Solutions share is $64.80, 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 UL Solutions.

How are gains on UL Solutions 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 UL Solutions price. Paasa issues a capital-gains statement for your return.

Does UL Solutions pay a dividend, and how is it taxed in India?

Yes. UL Solutions pays a dividend and the current yield is 0.87%; the last declared dividend was $0.57 per share, about ₹54.28. 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 UL Solutions from India?

The New York Stock Exchange 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 UL Solutions 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 UL 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 UL Solutions holding, its cost and its closing value.

How do I sell UL Solutions 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.