Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Top INVESTMENT THROUGH DIRECT SUBSCRIPTION ROUTE (IPOS) Do investments made though IPOs or Private placements come under PIS?

Investment investments IPOs PIs placements private route subscription
0
Posted

Top INVESTMENT THROUGH DIRECT SUBSCRIPTION ROUTE (IPOS) Do investments made though IPOs or Private placements come under PIS?

0 CommentsAdd a Comment

1 Answer

0

Investments made by NRIs through 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.

0 CommentsAdd a Comment

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.