Foreign Fund Raising Modes in India FOREIGN FUND RAISING MODES IN INDIA Purpose of use – Used by Indian Co. to raise equity capital in international market. Benefit – No ceiling / limits on investment raised or on number of GDR/ADR/FCCB to Be floated by company or group of companies in a financial year. Procedure.
American Depositry Receipts DEPOSITARY RECEIPT A depositary receipt (DR) is a type of negotiable (transferable) financial security that is traded on a local stock exchange but represents a security, usually in the form of equity that is issued by a foreign publicly listed company. The DR, which is a physical certificate, allows investors to hold.
