Opus Genetics, Inc.
Opus Genetics, Inc. (NASDAQ: IRD) is trading at $4.65, about ₹450 at today's USD/INR rate, as of 9 Oct 2026, 4:00 PM ET, up 4.26% today. Indian residents can buy Opus Genetics from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$4.46
Today's high
$4.74
52 week low
$1.70
52 week high
$7.07
IRD opened at $4.46, closed previously at $4.46, and has traded between $1.70 and $7.07 over the past 52 weeks.
About
Opus Genetics, Inc. is a clinical-stage biopharmaceutical company focused on ophthalmology. The company is dedicated to discovering and commercializing innovative therapies to address significant unmet medical needs in patients suffering from refractive and retinal eye disorders. Its portfolio includes Phentolamine Ophthalmic Solution, currently used to reverse pharmacologically induced mydriasis (pupil dilation). This solution is also advancing through Phase III clinical trials for the treatment of presbyopia and impaired vision in dim light or at night. A leading candidate in its retinal pipeline is APX3330, a small-molecule inhibitor targeting the reduction oxidation effector factor-1 protein. APX3330 has successfully completed Phase II clinical trials for diabetic retinopathy. Furthermore, Opus Genetics is developing APX2009 and APX2014, two preclinical product candidates also aimed at various retinal indications. Originally founded in 2018 as Ocuphire Pharma, Inc., the company maintains its headquarters in Farmington Hills, Michigan.
Key statistics
Avg. volume
2.02M
Market cap
$383.93M
P/E Ratio
-3.66
Price-to-sales ratio
38.95
Enterprise value
$1.21B
Free cash flow yield
-2.82%
Debt-to-equity ratio
-2.69
Return on equity
-323.11%
ROIC
-90.90%
Beta
0.62
Dividend yield
0.00%
Last dividend
$0.00
Financial overview
Revenue
$14.20M
Earnings per share
-$0.80
Free cash flow
-$35.25M
Net profit margin
-1091.82%
Gross margin
99.87%
EBITDA
-$48.07M
Revenue growth
29.15%
Similar securities
This is not an investment recommendation
How to buy Opus Genetics from India
Indian residents can buy Opus Genetics 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 Opus Genetics 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.
Search for Opus Genetics and place an order
Find Opus Genetics by name or by its ticker, IRD, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Opus Genetics trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Opus Genetics position in USD and INR. Opus Genetics pays no dividend today, so your filing is the capital-gains statement plus the Schedule FA holding line.
Trading and taxes when buying Opus Genetics 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
- NoneOpus Genetics 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
FAQs
Can Indian residents buy Opus Genetics stock?
Yes. Opus Genetics (IRD) has been listed on NASDAQ since 2015, in the Biotechnology 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 Opus Genetics share cost in rupees?
One Opus Genetics share is $4.65 — about ₹450 at a USD/INR rate of 96.83 on 10 Oct 2026. Both the Opus Genetics 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 Opus Genetics 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 Opus Genetics?
Yes. One Opus Genetics share is $4.65, 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 Opus Genetics.
How are gains on Opus Genetics 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 Opus Genetics price. Paasa issues a capital-gains statement for your return.
Does Opus Genetics pay a dividend?
No. Opus Genetics 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 Opus Genetics 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 Opus Genetics 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 Opus Genetics 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 Opus Genetics holding, its cost and its closing value.
How do I sell Opus Genetics 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.