Global Depository Receipts
Indian companies are allowed to raise equity capital in the international markets through the issue of GDR.
GDR are designated in USD / Euros or any other foreign currency.
The proceeds of GDR can be utilized for various purposes.
American Depository Receipts
These are like shares issued to US retail and institutional investors and are listed in NASADAQ/NYSE
They are entitled like share to bonus, stock spilt and dividend.
ADR route is taken as non-USA companies are NOT allowed to list on US stock exchanges by issuing shares.
Indian companies are allowed to raise equity capital in the international markets through the issue of GDR.
GDR are designated in USD / Euros or any other foreign currency.
The proceeds of GDR can be utilized for various purposes.
American Depository Receipts
These are like shares issued to US retail and institutional investors and are listed in NASADAQ/NYSE
They are entitled like share to bonus, stock spilt and dividend.
ADR route is taken as non-USA companies are NOT allowed to list on US stock exchanges by issuing shares.