Q1).
Investors (FIIS), Non-Resident Indians (NRIS), and Persons of
Indian Origin (Pios) Allowed to Invest in Indian Companies?
ANS: Yes, They Are Allowed to Invest in The
Primary and Secondary Capital Markets in India Through The Portfolio
Investment scheme (pis). Under this scheme, FIIS/NRIS Can
Acquire Shares/Debentures of Indian Companies Through the Stock
Exchanges in India.
Q2). What are the maximum overall investments one fii,
Nri or PIO?
ANS: The Upper Limit for Overall Investment
For fiis is 24%, of the paid up capital of the indian company,
And 10% for nris and pios. The Limit is 20% of the Paid Up Capital
in case of public sector banks, including the state bank of
India.
Q3).
Under Any Special Cases for FII, nri or PIO?
ANS: Yes, The Upper Limit of 24% for FII InvestmentGuoabong Investment
Can be raise up to selective Cap/Statutory Ceiling, Subject, Subject
To the Approval of the Board and the General Body of the Company
Passing a Special Resolution to that effect. And the maximum
Limit of 10 % can be raise to 24 % Subject to the approval of
the general body of the company passing a resolution, to that
Effect.
Q4).
Can Nris Investments Still Be Made?
ANS: Yes, An Nri Can Make Investment in Non-Convert
Debentures But they need to request needed Permission (SUBMIT
Application) from Reserve Bank (Central Office) by the Concerge
Indian company in form isd.
Q5).
Investments in Mutual Funds on Non-Repatrification Basis?
ANS: Overseas Corporate Bodies Can Make Such
Investments only in dostic public/ private sector mutual funds.
They Can Also Make Investments in Money Market Mutual Funds.
Q6). Is the Ceiling for Fiis Dependent of the Ceiling
of 10/24 per center for nris/Pios?
ANS: No.
Q7). Who Monitors the Maximum Limits on FII, nri or
PIO Investment in Indian Companies on a Daily Basis?
ANS: The reserve Bank of India (RBI).
Q8). Does It Require Permission from the reserve
Bank Required by Nris for Sale/Transfer of Shares/Debentures of
Indian Companies to Other Nris?
ANS. No. Transfer of Shares/DEBENTURES
of Indian Companies by Nris to Other Non-Residents Does Not Require
permit
Need Permission for Purchase of Such Shares for Which An Application
is required to be made to reserve bank in form fnc.
Q9). Is Permission of Rbi Required if an nri
Intends to Invest in New Issues of Indian Companies on Non-Repatric
BasisAhmedabad Wealth Management?
ANS. NO. Indian Companies
have ben granted general permit
Non-Repatrity Basis, in Shares/Convertible Debentures by Way
of New/Rights/BONUS ISSUE PROVIDED The Instestee Company Has Not
Undertaken Agricultural/Plantation Activity and/or Real Estate
Business Excluding Real Estate Development I.E. Development of
Property and construction of houses.
Simla Stock