FPI

Investment services to FPI
Yes. Arihant has a dedicated team that deals with investors following under the FPI categories. With a team of highly qualified professionals and a dedicate...
Fri, 7 Dec, 2018 at 12:17 PM
Securities invested by FPIs
FPIs are permitted to transact only in the following: Securities in the primary and secondary markets including shares, debentures and warrants of compan...
Fri, 7 Dec, 2018 at 12:18 PM
Eligible foreign investor categories for FPI
The following category of investors is eligible to register as FPIs: Category I – Government and Government related investors such as Central Banks, Gover...
Fri, 7 Dec, 2018 at 12:18 PM
FPI charges
FPI registration charges are as under: Category I FPIs are exempt from payment of registration fees. A registration fee of USD 3,000 for Category II and ...
Fri, 7 Dec, 2018 at 12:18 PM
Do FPI's need to register with SEBI
No. FPIs would not require direct registration from SEBI and they would be henceforth subject to registration being granted by a designated depository parti...
Fri, 7 Dec, 2018 at 12:18 PM
DPP verification for I FPI
The DDP may obtain a declaration from the applicant that it fulfils the eligibility criteria of category I FPI. Additionally, the DDP may verify the relevan...
Fri, 7 Dec, 2018 at 12:18 PM
Can an entity obtain more than one FPI registration (similar to the one allowed for MIM structures in the FII regime)
Yes. In the foreign institutional investor (FII) regime, wherever an entity engages Multiple Investment Managers (MIM structure) it can obtain multiple regi...
Fri, 7 Dec, 2018 at 12:19 PM
Whether the existing FII/Sub-Account has to submit Form A as per FPI Regulations at the time of conversion as FPI
Yes. At the time of conversion as FPI, the erstwhile FII/SA shall make an application to DDP in Form A along with supporting documents as provided in the FP...
Fri, 7 Dec, 2018 at 12:19 PM
Do the existing FIIs/SAs have to open a new custody account, depository account, and bank account upon conversion to FPI or can they retain their existing accounts
All existing FIIs and SAs can continue to retain their existing accounts.
Fri, 7 Dec, 2018 at 12:19 PM
Can existing investments made as FIIs/SAs/Qualified Foreign Investors (QFIs) be retained under the FPI regime
Yes, all existing investments made by the FIIs/SAs/QFIs can be retained under the FPI regime. However, in respect of those securities, where FPIs are not al...
Fri, 7 Dec, 2018 at 12:19 PM