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Verve Group SE

€1.11Last updated
+€0.05 (4.71%)Past day
Timezone

Verve Group SE (XETRA: VRV) is trading at €1.11, about ₹121 at today's EUR/INR rate, as of 29 Sep 2026, 11:35 AM ET, up 4.71% today. Indian residents can buy Verve from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:€1.07
Previous close:€1.06
Volume:87.74K

Today's low

€1.05

Today's high

€1.11

52 week low

€1.01

52 week high

€2.43

VRV opened at €1.07, closed previously at €1.06, and has traded between €1.01 and €2.43 over the past 52 weeks.

About

Verve Group SE, a digital media enterprise, delivers advertising software solutions primarily within the North American and European markets. The company's operations are distinctly segmented into Demand Side Platforms (DSP) and Supply Side Platforms (SSP). Through its DSP division, Verve empowers advertisers to meticulously craft, oversee, and enhance their data-driven digital advertising campaigns. These campaigns can span a multitude of ad formats, communication channels, and device types. The company either directly manages these initiatives for clients or provides a self-service DSP platform accessible for a usage-based fee. This segment also features specialized products like ATOM and Moments.AI, which offer advanced targeting capabilities and other value-added services to advertisers. Conversely, the SSP segment is dedicated to assisting both external publishers and Verve's proprietary game studios in effectively monetizing their available advertising inventory and spaces, all while ensuring they retain complete control. This division incorporates the company's own game development studios, which contribute valuable first-party data, in-game advertising opportunities, and offerings such as in-game items and subscriptions. Moreover, the SSP actively procures advertising space directly from publishers, subsequently reselling it to demand-side platforms. Beyond these core platforms, Verve Group furnishes advanced machine learning models, notably its ML-Driven Optimization for SKAN, designed to refine performance measurement. The company is also at the forefront of expanding into nascent advertising formats and channels, including audio, podcasting, and digital out-of-home (DOOH) advertising. Established in 2000 and headquartered in Stockholm, Sweden, the entity adopted its current moniker, Verve Group SE, in June 2024, having previously operated as MGI - Media and Games Invest SE.

Country
SE
CEO
Remco Westermann
Exchange listed on
XETRA
Industry
Software - Application
Base currency
EUR
Full Time Employees
1,013
Sector
Technology
IPO date
15/10/2012

Key statistics

Avg. volume

154.72K

Market cap

€222.53M

P/E Ratio

-20.69

Price-to-sales ratio

0.34

Enterprise value

€832.25M

Free cash flow yield

-8.47%

Debt-to-equity ratio

1.21

Return on equity

0.17%

ROIC

0.64%

Beta

0.90

Dividend yield

0.00%

Last dividend

€0.00

Financial overview

Revenue

€561.76M

Earnings per share

€0.00

Free cash flow

-€28.79M

Net profit margin

-1.63%

Gross margin

19.66%

EBITDA

€124.52M

Revenue growth

29.29%

How to buy Verve from India

Indian residents can buy Verve 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 and then to EUR.

  3. Search for Verve and place an order

    Find Verve by name or by its ticker, VRV, and choose an order type. Verve trades 12:30 pm – 9:00 pm IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your Verve position in EUR and INR. Verve 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 Verve from India

Trading and taxes when buying Verve from India

Trading and limits

Trading hours
9:00 am – 5:30 pm CET
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
NoneVerve does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained

Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.

FAQs

Can Indian residents buy Verve stock?

Yes. Verve (VRV) has been listed on XETRA since 2012, in the Software - Application 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 EUR. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.

How much does one Verve share cost in rupees?

One Verve share is €1.11 — about ₹121 at an EUR/INR rate of 108.91 on 29 Sep 2026. Both the Verve 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 Verve 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 Verve shares taxed in India?

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 EUR/INR rate on the purchase and the sale date, so the rupee move counts alongside the Verve price. Paasa issues a capital-gains statement for your return.

Does Verve pay a dividend?

No. Verve 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 Verve from India?

XETRA trades 12:30 pm – 9:00 pm IST in Indian time. The window shifts to 1:30 pm – 10:00 pm IST when Germany is on standard time. Orders can only execute during that window.

Is Verve a Germany company, and does that change how it is taxed?

Verve trades on XETRA in EUR, but the company is domiciled in Sweden. Verve trades as an ordinary share listed directly in Germany, not a depositary receipt. Your India-side capital-gains treatment is the same either way.

Do I have to declare Verve 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 Verve holding, its cost and its closing value.

How do I sell Verve and bring the money back to India?

You sell during market hours (12:30 pm – 9:00 pm IST) and the proceeds settle in EUR 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.

Does the rupee rate affect what I make on Verve?

Yes. Verve is priced in EUR, so your rupee outcome combines the EUR move with the EUR/INR move between the day you remit and the day you convert back. Both directions are reflected in the capital-gains statement Paasa issues.