Can NRIs invest in Indian IPOs?
SBNRI Team
answered on 22/03/2020
NRI Investment in Indian IPOs: Bank Accounts you need
NRI Investment in Indian IPOs: NRIs can invest in stocks raised through an Indian Initial Public Offering (IPO) through their NRE/NRO Bank Accounts.
NRI Investment in Indian IPOs
For investing in IPOs, NRIs don’t need to be a part of the Portfolio Investment Investment Scheme (PIS)(Through this scheme of the Reserve Bank of India, NRIs can purchase and sell shares and debentures of Indian companies on a recognized stock exchange)
How can NRI Invest in India
| Opportunities | Requirement |
| Fixed Deposit Bank Accounts |
|
| Mutual Funds |
|
| Direct Equity |
|
| Real Estate |
|
| Bonds and Non-Convertible Debentures (NCDs) |
|
| Government Securities |
|
| Certificate of Deposits |
|
| National Pension Scheme (NPS) |
|
| Initial Public Offerings (IPOs) |
|
NRI Investment in Indian IPOs: Related Questions
1. Can US NRI invest in Mutual Funds in India?
Yes NRIs from the USA can invest in Mutual Funds in India. To know more, click here.
2. Can NRI invest in Indian Stock Market?
Yes. NRIs can invest in Indian Stock Market. To know how, click here.
3. Who is an NRI?
An NRI or Non Resident Indian is an Indian Citizen living outside India for a minimum of 183 days in 1 financial year for the purpose of employment, business or vocation (occupation for which an individual is trained).
Indian Citizens who have gone out or are staying abroad for some other purpose with an intention to stay outside India for an uncertain period (job or assignments where you don’t know when you will return to India) can also be termed as NRIs.
Related Questions
I am working in Mauritius! But my family is in India !! Is my wife eligible to open a ppf account !!
SBNRI Team
answered on 11/09/2020
Yes, if your wife is staying in India and she is a Resident Indian, she can definitely open a PPF account. You can too choose from a variety of investment options in India being an NRI. To get expert advisory at SBNRI, contact us using the button below. Share via:
SBNRI Team
answered on 30/03/2020
Portfolio Management Services (PMS) can be understood as the management of funds of HNIs (High Net-Worth Individuals: A wealthy person, in particular one with investable assets in excess of $1 million) by various wealth management companies or Portfolio Managers (people responsible for handling your account) who invest these funds into a varied range of stocks, […]
SBNRI Team
answered on 30/03/2020
NRIs can invest in Indian Stock Market by buying stocks listed on the National Stock Exchange of India Ltd. (NSE). To be eligible to invest into stocks, NRIs need to have a PIS Account under the Portfolio Investment Scheme* (PIS) that will allow them to trade stocks. *(Portfolio Investment Scheme (PIS): Through this scheme of […]
SBNRI Team
answered on 11/09/2020
As per PPF Rules, firstly you need to inform the bank about the change in your status and then you can continue to subscribe to your PPF Account till maturity (15 years) but you won’t be able to extent it further. To get expert advisory at SBNRI, contact us using the button below. […]