Shopify Inc.
Shopify Inc. (NASDAQ: SHOP) is trading at $170.85, about ₹16,550 at today's USD/INR rate, as of 9 Oct 2026, 4:00 PM ET, up 3.82% today. Indian residents can buy Shopify from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$165.76
Today's high
$171.04
52 week low
$94.00
52 week high
$182.19
SHOP opened at $166.14, closed previously at $164.56, and has traded between $94.00 and $182.19 over the past 52 weeks.
About
Shopify Inc. functions as a premier commerce technology company, providing an extensive platform and associated services to empower businesses worldwide. Its reach extends across Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific region, and Latin America. The company's robust platform equips merchants to effectively display, organize, market, and sell their merchandise through a multitude of sales avenues. These include digital storefronts accessible via web and mobile, traditional brick-and-mortar stores, temporary pop-up locations, integrated social media channels, proprietary mobile applications, embeddable "buy buttons," and established online marketplaces. Beyond sales, the platform streamlines crucial business operations such as product and inventory management, order and payment processing, fulfillment and shipping logistics, attracting new customers and fostering client relationships, product sourcing, analytical reporting, financial administration encompassing cash, payments, and transactions, and facilitating access to working capital. Additionally, Shopify offers supplementary services like the sale of custom website themes and applications, alongside domain name registration. Its merchant-focused solutions also cover payment acceptance, efficient shipping and order fulfillment, and aid in securing necessary operating funds. Founded in 2004 under the initial name Jaded Pixel Technologies Inc., the company officially rebranded to Shopify Inc. in November 2011. Its global headquarters are located in Ottawa, Canada.
Key statistics
Avg. volume
9.18M
Market cap
$221.70B
P/E Ratio
114.66
Price-to-sales ratio
16.71
Enterprise value
$207.75B
Free cash flow yield
0.96%
Debt-to-equity ratio
0.01
Return on equity
9.14%
ROIC
8.67%
Beta
2.63
Dividend yield
0.00%
Last dividend
$0.00
Financial overview
Revenue
$11.56B
Earnings per share
$0.95
Free cash flow
$2.01B
Net profit margin
14.53%
Gross margin
47.77%
EBITDA
$1.93B
Revenue growth
30.14%
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This is not an investment recommendation
How to buy Shopify from India
Indian residents can buy Shopify 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 Shopify 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 Shopify and place an order
Find Shopify by name or by its ticker, SHOP, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Shopify trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Shopify position in USD and INR. Shopify pays no dividend today, so your filing is the capital-gains statement plus the Schedule FA holding line.
Trading and taxes when buying Shopify 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
- NoneShopify does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained
FAQs
Can Indian residents buy Shopify stock?
Yes. Shopify (SHOP) has been listed on NASDAQ since 2015, 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. 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 Shopify share cost in rupees?
One Shopify share is $170.85 — about ₹16,550 at a USD/INR rate of 96.87 on 9 Oct 2026. Both the Shopify 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 Shopify 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 Shopify with less than the price of one share?
Yes. A whole Shopify share is $170.85, but there is no minimum trade size: you enter a rupee or dollar amount and receive the matching fraction.
How are gains on Shopify 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 Shopify price. Paasa issues a capital-gains statement for your return.
Does Shopify pay a dividend?
No. Shopify 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 Shopify 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 Shopify a United States company, and does that change how it is taxed?
Shopify trades on NASDAQ in US dollars, but the company is domiciled in Canada. Shopify trades as an ordinary share listed directly in the US, not a depositary receipt. Some non-US companies list in the US through American Depositary Receipts, which can carry dividend withholding at the company's home-country rate. Your India-side capital-gains treatment is the same either way.
Do I have to declare Shopify 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 Shopify holding, its cost and its closing value.
How do I sell Shopify 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.