An Introduction to Funds from International Markets

🌟 Explaining Euro Issues: An Introduction to Funds from International Markets 🌟

Course Overview: This course is a deep dive into the world of international funds, specifically focusing on the opportunities available in India for international investors. We will explore the intricacies of Foreign Institutional Investment (FII) and shed light on the critical Euro Issues that have shaped global financial markets. With a historical perspective starting from the introduction of Depository Receipts in the 1920s, we will delve into the mechanisms, benefits, and considerations for both issuers and investors associated with Global Depository Receipts (GDRs) and Foreign Currency Convertible Bonds (FCCBs).

Key Topics Covered:

• 📈 Introduction to International Funds in India: Understanding the role of FII and the importance of international markets for Indian businesses.
• 🌍 Euro Issues Explained: A comprehensive look at the challenges and solutions within Euro-denominated issues.
• 🎫 Historical Perspective on Depository Receipts: Tracing back to the inception of American Depository Receipts (ADRs) and Rule 144A DR, GDRs.
• ⚖️ ADRs vs Rule 144A DR vs GDRs: Understanding the differences and similarities between these financial instruments.
• 🔄 GDR Issuing Mechanism in India: A step-by-step guide to how Indian companies issue GDRs.
• ✅ Advantages for Issuers and Investors: Exploring the benefits of GDR issues from both perspectives.
• 💰 Rights and Fungibility of GDR Holders: Detailing the rights held by GDR investors and the concept of fungibility.
• 📊 Indian Context for GDR Issues: Insights into how GDRs function within the Indian market.
• 💰 FCCBs Unveiled: An overview of Foreign Currency Convertible Bonds and their role in international funding.
• 🔍 Pricing of GDR: A detailed session on the pricing mechanisms, including book building, Red Herring Prospectus, and the demand collection process.
• 📊 After Market Stabilization: Understanding the post-issuance stabilization strategies for GDRs.
• 🚀 Green Shoe Options and Pricing GDR Issues: Exploring additional options and common practices in GDR pricing, including green shoe options.

What You Will Learn:

• The significance of international funds and investments in India.
• How to navigate the complexities of Euro Issues and their impact on global markets.
• The historical development and evolution of Depository Receipts and their role in cross-border investing.
• The intricacies of ADRs, Rule 144A DR, and GDRs, and how they differ from one another.
• The step-by-step process of issuing a GDR in India, including the legal framework and regulations.
• The advantages and potential risks associated with being an issuer or investor in GDR Issues.
• The rights of GDR holders and the fungibility of their investment.
• How GDRs are priced and stabilized on the market post-issue.
• The role of Green Shoe Options and how they affect pricing strategies for GDR issues.

This course is designed to equip you with a solid understanding of international fundraising mechanisms, particularly as they apply to Indian companies seeking capital in global markets. Enroll today to unlock a world of investment opportunities! 🚀🌐