Reporting by Foreign Venture Capital Investors (FVCIs) - SEBI - SEBI/HO/AFD/AFD-PoD-3/P/CIR/2024/121

CIRCULAR SEBI/HO/AFD/AFD-PoD-3/P/CIR/2024/121 September 13, 2024 To, 1. All Foreign Venture Capital Investors 2. All Custodians Dear Sir / Madam, Subject: Reporting by Foreign Venture Capital Investors (FVCIs). 1. In accordance with Regulation 13(1) of SEBI (FVCI) Regulations, 2000 , FVCIs are required to submit quarterly reports to SEBI in the format specified with respect to their venture capital activity as Foreign Venture Capital Investor. 2. The format for the quarterly report on venture capital activity to be submitted by FVCIs is revised and same is enclosed as Annexure-1. 3. FVCIs shall submit the aforesaid quarterly report irrespective of the fact that any investment is made or not during the quarter. 4. In accordance with Regulation 14 (2) of FVCI Regulations, 2000 , Custodian shall be responsible for timely submission of the report. Applicability 5. The report for the quarter ending September 30, 2024 and December 31,2024 shall be submitted in excel file in the revised format by November 15, 2024 and January 15, 2025 respectively through email at [email protected]. 6. From quarter ending March 31, 2025 onwards, FVCIs shall submit quarterly report in the revised format on the SEBI intermediary portal (SI Portal). The report shall be submitted within 15 calendar days from the end of each quarter. 7. This Circular is issued in exercise of the powers conferred under Section 11(1) and Section 11A of the Securities and Exchange Board of India Act, 1992 read with Regulations 13 (1) SEBI (Foreign Venture Capital Investor) Regulations, 2000 to protect the interest of investors in securities and to promote the development of, and to regulate the securities market. 8. This Circular is available at www.sebi.gov.in under the link Legal --- Circulars . Yours faithfully, Manish Kumar Jha Deputy General Manager Tel No.: 022 26449219 E-mail: [email protected] Encl: Annexure-1 Annexure-1 FVCI Quarterly Reporting Format A. General Information about the FVCI Table1:General Information about the FVCI Sl.No Particulars Details 1. Name of the FVCI 2. SEBI Registration No 3. Date of grant of SEBI Registration 4. Date of Incorporation/Establishment 5. Country of Incorporation/Establishment 6. Legal Form of FVCI 7. Name of the investment manager/advisor, if any. 8. Principal place of business Name of the Country Whether the securities market regulator is signatory to IOSCO MMOU (Appendix-A to signatories) or a signatory to bilateral MoU with SEBI. If FVCI is a Bank, whether the central bank is a member of BIS. Whether the country is listed in FATF public statements conveying jurisdictions with deficiencies (Yes/No) (Yes/No) (Yes/No) 9. PAN of FVCI 10. Address of FVCI 11. Contact Details Name of the Contact Person/Name of the Compliance Officer Designation Communication address Phone Number Email ID 12. Name of the Custodian 13. Name of the Global Custodian, if any 14. Name of Designated Bank 15. Whether FVCI is regulated by an appropriate foreign regulator in home jurisdiction(Yes/No) If yes, name of the regulator Name of the category in which it is registered 16. Whether FVCI is registered with SEBI in any other category. If yes, details are per table below Name of the entity Category Registration No. Date of Registration 17. Details of Directors Serial No. Name Nationality Address Contact No. Email address 18. Any instance of violation or non adherence to securities laws etc (Refer Form A under FVCI Regulations) 19. Name of Tax consultant for FVCI in India (if applicable) B. Cumulative details of the funds raised invested by all schemes under the fund 1. Total Investible Funds (In Rs. Crores)# # Investible Funds means the funds Committed for Investment in India net of expenditure for administration and management of the fund 2. Brief Investment details of the FVCI in India (Rs. Crore) Investment details(in Rs. Crore) In Equity In Debt In AIF/ Venture Capital Funds Total Listed Unlisted Listed Unlisted Note: The value shall be put in terms of investment amount / cost of investment. 3. Investment Details (in Rs. Crores) Name of the Scheme / fund Duration of Scheme /fund Cumulative Investments made by the schemes/fund under Regulation 11(c)(i) of FVCI Regulations# Cumulative investment made by the schemes/fundunderRegulation11(c)(ii)of the FVCI Regulations Total Investment (A+B+C+ D) % of investments under 11(c)(i) compared to total investments Investments (A) % of Total Investible Funds in (A) In listed companies (B) In Debt (C) In SPV s(D) Total (B +C +D) % of Total Investible Funds in (B +C+D) #Investment in equity /equity linked instrument of unlisted companies 4. Industry wise investment Breakup (cumulative) (in Rs. Crores) Sr. No Industry Amount invested directly Amount invested through VCFs/AIFs Tot al At the beginning of the quarter (a) Investment during the quarter (b) Divestments during the quarter (c) At the end of the quarter (a+b-c) At the beginni ng of the quarter (a) Investm ent during the quarter (b) Divest ments during the quarter (c) At the end of the quarter (a+b-c) 1 Biotechnology 2 Information Technology 3 Nanotechnology 4 Seed Research and Development 5 Pharmaceutical 6 Dairy Industry 7 Poultry Industry 8 Production of Biofuels 9 Infrastructure Sector. i. **Transport and Logistics ii. ***Energy iii. Water and Sanitation# iv. Communication ## v. Social/ Commercial Infrastructure$ 10 *NBFC 11 Others (drop down as below) Total * NBFC means Core Investment Companies (CICs), Asset Finance Company(AFCs) and Infrastructure Finance Companies (IFCs) registered with RBI. **Includes Road/Bridges, Ports, Shipyards, Railways. ***Includes Electricity Generation/Transmission/Distribution, Oil/Gas/LNG storage facility, ESS. # Includes Solid Waste Management, Water treatment plant, Irrigation, Sewage, Drainage etc. ## Includes Telecommunication and Data Center. $ Includes Hospitals, Education Institutes, Sport Infrastructure, Tourism Infrastructure, Industrial Parks/SEZ, Post-harvest storage infrastructure for agriculture/horticulture, Cold chain etc Other Sectors 1. Services Sector 2. Media/ Entertainment 3. Industrial Products 4. Auto/ Auto Ancillary 5. Banking and financial services (Excluding NBFCs) 6. FMCG/Food and beverages 7. Healthcare 8. Real estate 9. Mining, exploration and refining 10. Packaging 11. Textiles 12. Retail 13. Chemicals/Petrochemicals/Plastic/Rubber 14. Hotel-cum-conventional centres with more than 3,000 seats 15. Soil Testing Laboratories 16. Exhibition-cum-Convention Centre. Option to add sectors included