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VEEENASDAQMarket closedOpens 9:30am ET

Twin Vee Powercats Co.

$13.69Last updated
-$0.26 (1.86%)Past day
Timezone

Twin Vee Powercats Co. (NASDAQ: VEEE) is trading at $13.69, about ₹1,315 at today's USD/INR rate, as of 28 Sep 2026, 4:00 PM ET, down 1.86% today. Indian residents can buy Twin Vee Powercats from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$13.87
Previous close:$13.95
Volume:25.79K

Today's low

$12.73

Today's high

$13.87

52 week low

$4.16

52 week high

$127.65

VEEE opened at $13.87, closed previously at $13.95, and has traded between $4.16 and $127.65 over the past 52 weeks.

About

Twin Vee PowerCats Co. is dedicated to engineering, manufacturing, and bringing to market powered catamaran vessels for both personal enjoyment and professional applications. The company organizes its business into three main segments: boats powered by gasoline, those utilizing electric power, and its franchise operations. These adaptable boats offer consumers the opportunity to engage in a wide array of leisure activities, including fishing, scuba diving, and waterskiing, as well as commercial uses such as transportation, guided ecological tours, and specialized fishing and diving excursions. Furthermore, the company is actively developing both fully electric and conventional gas-powered boat designs. Twin Vee PowerCats Co. distributes its products through a network of 19 independent dealers located throughout North America and the Caribbean. Founded in 1996, the company's headquarters are situated in Fort Pierce, Florida, and it operates as a division of Twin Vee PowerCats, Inc.

Country
US
CEO
Joseph Visconti
Exchange listed on
NASDAQ
Industry
Auto - Recreational Vehicles
Base currency
USD
Full Time Employees
80
Sector
Consumer Cyclical
IPO date
21/07/2021

Key statistics

Avg. volume

1.90M

Market cap

$728.18K

P/E Ratio

-0.13

Price-to-sales ratio

0.05

Enterprise value

$90.10K

Free cash flow yield

-1170.57%

Debt-to-equity ratio

0.21

Return on equity

-67.71%

ROIC

-60.20%

Beta

0.96

Dividend yield

0.00%

Last dividend

$0.00

Financial overview

Revenue

$14.82M

Earnings per share

-$161.81

Free cash flow

-$9.04M

Net profit margin

-76.31%

Gross margin

0.59%

EBITDA

-$6.79M

Revenue growth

2.99%

Similar securities

This is not an investment recommendation

How to buy Twin Vee Powercats from India

Indian residents can buy Twin Vee Powercats 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 Twin Vee Powercats and place an order

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

  4. Track holdings and download tax reports

    Follow your Twin Vee Powercats position in USD and INR. Twin Vee Powercats 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 Twin Vee Powercats from India

Trading and taxes when buying Twin Vee Powercats 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
NoneTwin Vee Powercats does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.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 Twin Vee Powercats stock?

Yes. Twin Vee Powercats (VEEE) has been listed on NASDAQ since 2021, in the Auto - Recreational Vehicles 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 Twin Vee Powercats share cost in rupees?

One Twin Vee Powercats share is $13.69 — about ₹1,315 at a USD/INR rate of 96.07 on 28 Sep 2026. Both the Twin Vee Powercats 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 Twin Vee Powercats 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 Twin Vee Powercats?

Yes. One Twin Vee Powercats share is $13.69, 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 Twin Vee Powercats.

How are gains on Twin Vee Powercats 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 Twin Vee Powercats price. Paasa issues a capital-gains statement for your return.

Does Twin Vee Powercats pay a dividend?

No. Twin Vee Powercats 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 Twin Vee Powercats 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 Twin Vee Powercats 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 Twin Vee Powercats 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 Twin Vee Powercats holding, its cost and its closing value.

How do I sell Twin Vee Powercats 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.