GDR ADR process Fund raising

1. AMERICAN DEPOSITORY RECEIPTS &
GLOBAL DEPOSITORY RECEIPT
PRO GLOBAL CORP.

2. ADR - American Depositary Receipt
An ADR represents ownership in the shares
of a non-U.S. company and trades in U.S.
financial markets.
GDR - Global Depositary Receipt
GDR is a certificate issued by
a depository bank, which
purchases shares of foreign
companies.
Parties to a Depository Receipt
brokers
depositary
Custodian
Issuer
Investment
banker
lawyers
Accountants

3. Benefits
 For the Company
Raise capital from foreign markets.
Increases the share liquidity.
 For the Investor
Investors gain the benefits of diversification.
Investors will be able to reap the benefits of foreign (emerging) markets.

4. Unsponsored Programme
Sponsored Level 1 ADR’s (“OTC” Facility)
Sponsored Level II ADRs ("Listing" facility)
Sponsored Level III ADRs ("offering" facility)
Restricted Programs
Privately placed (SEC Rule 144A) ADRs
Offshore (SEC Regulation S) ADRs

5. Process
Co/- deposits
large no of
shares
located in
country
where it
wants to list.
The bank then
issues receipts
underlying the
shares (2-4)
Is receipts are
sold to people
of that country
This receipt is
then listed on
local stock
exchanges.
Behaves exactly like regular
stocks- price fluctuation
according to demand &
supply

6. Our Services
Under ADR & GDR, we the Team of PGC offer the following, With
the in depth knowledge of international markets and the Reserve
Bank of India and have comprehensive experience in cross
border transactions, we assure to:
 Assist in regular compliance of RBI and FIPB
 Advice on regular foreign exchange transactions
 Filing with Reserve Bank of India
 Maintain a check on compliance
 Regular Updation on ADR & GDR Laws

7. Prepared by Pro global Corp.
(A Team of company secretary & Trainee Associate)
Thank You
For Further Details Contact
:9971504105
proglobalcorp@gmail.com