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Do investments made through IPOs or Private placements come under PIS?

April 29, 2022investments IPOs PIs placements private

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Do investments made through IPOs or Private placements come under PIS?

3 Answers

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No, investments made by NRIs though subscription to Initial Public Offerings (IPOs) or private placements are not covered by Portfolio Investment Scheme. Such investments are covered by RBI’s regulations with regard to Foreign Direct Investments.

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No. Investments made by NRIs though subscription to Initial Public Offerings (IPOs) or Private placements are not covered by Portfolio Investment Scheme. Such investments are covered by RBI’s regulations with regard to Foreign Direct Investments.

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Alex 417 Posted

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