Date : 16 Jan 2013
Investment by FIIs under PIS : Crew B.O.S. Products Ltd
The Reserve Bank of India today notified that Crew B.O.S. Products Ltd., has passed resolutions at the board of directors’ meeting and a special resolution by the shareholders, to enhance the limit for purchase of its equity shares and convertible debentures by NRIS/PIOs though primary market and stock exchanges up to 24% of the paid up capital of the company under Portfolio Investment Scheme (PIS).
This would be subject to the Regulation 5(3) of FEMA Notification No.20/2000 RB dated May 03, 2000 (as amended from time to time).
RBI's approval is given subject to the condition that the onus of compliance with FDI policy and FEMA regulations including downstream investment would continue to remain on the Indian company Crew B.O.S. Products Ltd.,
R. R. Sinha
Deputy General Manager
Press Release: 2012-2013/1206
Investment in Indian Companies by FIIs/NRIs/PIOs
Regulations
Foreign Institutional Investors (FIIs), Non-Resident Indians (NRIs), and Persons of Indian Origin (PIOs) are allowed to invest in the primary and secondary capital markets in India through the portfolio investment scheme (PIS). Under this scheme, FIIs/NRIs can acquire shares/debentures of Indian companies through the stock exchanges in India.
The ceiling for overall investment for FIIs is 24 per cent of the paid up capital of the Indian company and 10 per centfor NRIs/PIOs. The limit is 20 per cent of the paid up capital in the case of public sector banks, including the State Bank of India.
The ceiling of 24 per cent for FII investment can be raised up to sectoral cap/statutory ceiling, subject to the approval of the board and the general body of the company passing a special resolution to that effect. And the ceiling of 10 per cent for NRIs/PIOs can be raised to 24 per cent subject to the approval of the general body of the company passing a resolution to that effect.
The ceiling for FIIs is independent of the ceiling of 10/24 per cent for NRIs/PIOs.
The equity shares and convertible debentures of the companies within the prescribed ceilings are available for purchase under PIS subject to:
- the total purchase of all NRIs/PIOs both, on repatriation and non-repatriation basis, being within an overall ceiling limit of (a) 24 per cent of the company's total paid up equity capital and (b) 24 per cent of the total paid up value of each series of convertible debenture; and
- the investment made on repatriation basis by any single NRI/PIO in the equity shares and convertible debentures not exceeding five per cent of the paid up equity capital of the company or five per cent of the total paid up value of each series of convertible debentures issued by the company.
Monitoring Foreign Investments
The Reserve Bank of India monitors the ceilings on FII/NRI/PIO investments in Indian companies on a daily basis. For effective monitoring of foreign investment ceiling limits, the Reserve Bank has fixed cut-off points that are two percentage points lower than the actual ceilings. The cut-off point, for instance, is fixed at 8 per cent for companies in which NRIs/ PIOs can invest up to 10 per cent of the company's paid up capital. The cut-off limit for companies with 24 per cent ceiling is 22 per cent and for companies with 30 per cent ceiling, is 28 per cent and so on. Similarly, the cut-off limit for public sector banks (including State Bank of India) is 18 per cent.
Once the aggregate net purchases of equity shares of the company by FIIs/NRIs/PIOs reach the cut-off point, which is 2% below the overall limit, the Reserve Bank cautions all designated bank branches so as not to purchase any more equity shares of the respective company on behalf of FIIs/NRIs/PIOs without prior approval of the Reserve Bank. The link offices are then required to intimate the Reserve Bank about the total number and value of equity shares/convertible debentures of the company they propose to buy on behalf of FIIs/NRIs/PIOs. On receipt of such proposals, the Reserve Bank gives clearances on a first-come-first served basis till such investments in companies reach 10 / 24 / 30 / 40/ 49 per cent limit or the sectoral caps/statutory ceilings as applicable. On reaching the aggregate ceiling limit, the Reserve Bank advises all designated bank branches to stop purchases on behalf of their FIIs/NRIs/PIOs clients. The Reserve Bank also informs the general public about the `caution’ and the `stop purchase’ in these companies through a press release.
The current list of companies allowed to attract investments from FIIs/NRIs/PIOs with their respective ceilings is:
List of companies
List of companies which have raised the ceiling from 10% in respect of NRIs investments under PIS (w.e.f. November 29, 2010)
Upto 24%
|
1
|
Alembic Chemical Works Co. Ltd.
|
|
2
|
Amar Investments Ltd., Calcutta.
|
|
3
|
Anglo- India Jute Mills Co. Ltd.
|
|
4
|
Arvind Mills, Ahmedabad.
|
|
5
|
Ashima Syntex Ltd, Ahmedabad.
|
|
6
|
Ashoka Viniyoga Ltd.
|
|
7
|
Bharat Nidhi Ltd.
|
|
8
|
BLB Shares & Financial Services Ltd
|
|
9
|
BPL Ltd.
|
|
10
|
Burr Brown (India) Ltd
|
|
11
|
Camac Commercial Company Ltd.
|
|
12
|
Ceenik Exports (India) Ltd.
|
|
13
|
Cifco Finance Ltd., Mumbai.
|
|
14
|
Classic Financial Services & Enterprises Ltd, Calcutta.
|
|
15
|
CPPL Ltd, (Reliance Ind. Infrastructure Ltd) Mumbai.
|
|
16
|
Crest Communication Ltd.
|
|
17
|
CRISIL
|
|
18
|
DCM Ltd.
|
|
19
|
DCM Shriram Consolidated Ltd.
|
|
20
|
Dharani Sugars & Chemicals Ltd
|
|
21
|
Dolphin Offshore Enterprises ( I ) Ltd.
|
|
22
|
Emco Ltd.
|
|
23
|
Essar Oil Ltd.
|
|
24
|
Essar Shipping Ltd., B’lore
|
|
25
|
Essar Steel Ltd.
|
|
26
|
Eveready Industries India Ltd.
|
|
27
|
Fabworth (I) Ltd.
|
|
28
|
Federal Bank Ltd.
|
|
29
|
Ferro Alloys Corporation Ltd., Tumsar.
|
|
30
|
Gammon India Ltd
|
|
31
|
Grasim Industries Ltd.
|
|
32
|
GTL Ltd.(formerly Global Tele-Systems Ltd.)
|
|
33
|
GTL Infrastructure Ltd
|
|
34
|
Hamco Mining & Smelting Ltd.
|
|
35
|
HCL Infosystems Ltd.
|
|
36
|
HEG Ltd
|
|
37
|
Hindustan Development Corp. Ltd, Calcutta.
|
|
38
|
Hindustan Nitroproducts (Gujarat) Ltd.
|
|
39
|
Hindustan Transmission Products Ltd., Mumbai
|
|
40
|
HMG Industries Ltd., Mumbai.
|
|
41
|
Housing Development and Infrastructure Limited
|
|
42
|
Indiabulls Real Estate Ltd.
|
|
43
|
India bulls Securities Ltd.
|
|
44
|
Indiabulls Financial Services Ltd
|
|
45
|
Indiabulls Power Limited (formerly Sophia Power Company Limited)
|
|
46
|
Igarashi Motors India Ltd
|
|
47
|
IVP Ltd
|
|
48
|
Jagatjit Industries Ltd,
|
|
49
|
Jai Parabolic Springs Ltd.
|
|
50
|
Jaysynth Dyechem Ltd.
|
|
51
|
Jindal Strips Ltd.
|
|
52
|
Jindal Iron & Steel Co. Ltd.
|
|
53
|
Jindal Saw Limited (formerly Saw Pipes Limited)
|
|
54
|
JJ Spectrum Silk Ltd.
|
|
55
|
Kartjikeya Paper & Boards Ltd.
|
|
56
|
K Sera Sera Productions Ltd
|
|
57
|
Lakhani India Ltd.
|
|
58
|
M.P. Agro Fertilisers Ltd., Bhopal.
|
|
59
|
Macleod Russel (I) Ltd.
|
|
60
|
Matsushita Television and Audio India Ltd.
|
|
61
|
Max India Ltd
|
|
62
|
Mazda Enterprises Ltd., Mumbai.
|
|
63
|
Media Video Ltd.
|
|
64
|
Monnet Ispat & Energy Limited
|
|
65
|
Multimetals Ltd., Mumbai
|
|
66
|
Neha International Limited.
|
|
67
|
National Steel Industries Ltd.
|
|
68
|
Nicholas Laboratories India Ltd., Mumbai.
|
|
69
|
Networth Stock Broking Limited
|
|
70
|
Nava Bharat Ventures Limited
|
|
71
|
O.P. Electronics Ltd., Mumbai.
|
|
72
|
Oriental Housing Development Finance Corp. Ltd.
|
|
73
|
Pabacea Biotec Ltd.
|
|
74
|
Padmini Technologies Ltd.
|
|
75
|
Pearl Polymers Ltd., New Delhi.
|
|
76
|
Piramal Healthcare Ltd.
|
|
77
|
PNB Finance & Industries Ltd
|
|
78
|
Rajath Leasing & Finance Ltd.
|
|
79
|
Rajesh Exports Limited
|
|
80
|
Rama Petrochemicals Ltd.
|
|
81
|
Rama Phosphates Ltd.
|
|
82
|
Reliance Industries Ltd., Mumbai.
|
|
83
|
Rishra Investment Ltd., Calcutta
|
|
84
|
Rossell Industries Ltd., Calcutta.
|
|
85
|
Sahu Properties Ltd
|
|
86
|
Sanghvi Movers Ltd
|
|
87
|
Saurashtra Paper & Board Mills Ltd.
|
|
88
|
Sayaji Hotel Ltd.
|
|
89
|
SB & T International Ltd
|
|
90
|
Sharyans Resources Ltd.
|
|
91
|
Shanti Gears Ltd.
|
|
92
|
Shibir India Ltd., Calcutta
|
|
93
|
Shrenuj & Company Ltd.
|
|
94
|
Shriram Industries Enterprises Ltd., N. Delhi.
|
|
95
|
Silverline Industries Ltd.
|
|
96
|
Sonata Software Ltd.
|
|
97
|
SRF Ltd.
|
|
98
|
Sterling Lease Finance Ltd., Mumbai.
|
|
99
|
Sujana Metal Products Ltd
|
|
100
|
Svam Software Ltd.
|
|
101
|
Synthetics and Chemicals Ltd., Mumbai.
|
|
102
|
Shrenuj & Company Limited
|
|
103
|
The Champdany Industries Ltd., Calcutta.
|
|
104
|
The Dhanalakshmi Bank Limited
|
|
105
|
The Dharamsi Morarji Chemical Co. Ltd .
|
|
106
|
The Investment Trust of India Ltd.
|
|
107
|
The Morarjee Goculdas Spinning & Weaving Co Ltd, Mumbai.
|
|
108
|
Tolani Bulk Carrier Ltd.
|
|
109
|
Unitech Limited.
|
|
110
|
Uniworth International Ltd.
|
|
111
|
Vaibhav Gems Ltd.
|
|
112
|
Valecha Engineering Ltd.
|
|
113
|
VisualSoft Technologies Ltd.
|
|
114
|
Weltermann International Ltd.
|
|
115
|
Woolworth (India) Ltd.
|
|
116
|
Yes Bank Ltd.
|
|
117
|
Zora Pharma Ltd.
|
|
118
|
M/s. Redington(India) Ltd.(w.e.f. 29.11.2010)
|
|
119
|
M/s. Compuage Infocom Limited (w.e.f. 4.3.2011)
|
|
120
|
M/s. Kitex Garments Limited (w.e.f. 8.7.2011)
|
|
121
|
M/s Indiabulls Wholesale Services Ltd (w.e.f. 26.08.2011)
|
|
122
|
M/s Gitanjali Gems Ltd ( wef 16.09.2011)
|
|
123
|
Everonn Education Limited ( w.e.f 6.1.2012)
|
|
124
|
Indiabulls Infrastructure and Power Ltd ( w.e.f. 20.1.2012)
|
|
125
|
M/s Crew B.O.S. Products Limited (w.e.f. 16-1-2013)
|
Upto 17%
|
1
|
Garware Shipping Corporation Ltd.
|
LIST OF COMPANIES IN WHICH FII INVESTMENT IS ALLOWED UPTO 30% OF THEIR PAID UP CAPITAL UNDER PIS
|
1
|
Asian Paints (India) Ltd
|
|
2
|
Capital Trust Ltd
|
|
3
|
Container Corporation of India
|
|
4
|
Divi’s Laboratories Ltd
|
|
5
|
Ferro Alloys Corporation Ltd
|
|
6
|
Garware Polyester Ltd
|
|
7
|
GIVO Ltd (formerly KB & T Ltd)
|
|
8
|
Mahindra Gesco Developers Ltd
|
|
9
|
Orchid Chemicals and Pharmaceuticals Ltd
|
|
10
|
Penta Soft Tec(Pentafour Communications Ltd)
|
|
11
|
Polyplex Corporation Ltd
|
|
12
|
Ranbaxy Laboratories Ltd
|
|
13
|
Shasun Chemicals Ltd
|
|
14
|
Sonata Software Ltd
|
|
15
|
The Paper Products Ltd
|
|
16
|
Vikas WSP Ltd
|
|
17
|
Apollo Tyres Ltd.(w.e.f. June 22, 2010)
|
|
18
|
The ING Vysya Bank Limited (w.e.f. 03-01-2013)
|
LIST OF COMPANIES IN WHICH FII INVESTMENT IS ALLOWED UPTO 40% OF THEIR Paid Up Capital
|
1
|
Adlabs Films Ltd.
|
|
2
|
Aftek Infosys Ltd.
|
|
3
|
Balaji Telefilms Ltd.
|
|
4
|
Bharat Forge Ltd
|
|
5
|
Burr Brown (India )Ltd
|
|
6
|
Cipla Ltd.
|
|
7
|
Elbee Services Ltd
|
|
8
|
Glenmark Pharmaceuticals Ltd
|
|
9
|
Gujarat Ambuja Cements Ltd
|
|
10
|
HEG Ltd
|
|
11
|
Hero Honda Motors Ltd
|
|
12
|
Jindal Steel & Power Ltd
|
|
13
|
Jyoti Structures Ltd
|
|
14
|
Maars Software International Ltd
|
|
15
|
Mount Everest Mineral Water Ltd
|
|
16
|
Padmini Technologies Ltd.
|
|
17
|
Rajasthan Spinning & Weaving Mills Ltd
|
|
18
|
Rico Auto Industries Ltd.
|
|
19
|
Shanti Gears Ltd.
|
|
20
|
Silverline Technologies Ltd.
|
|
21
|
Suven Life Sciences Ltd.
|
|
22
|
The India Cements Ltd.
|
|
23
|
The Indian Hotels Company Ltd
|
|
24
|
Thiru Arooran Sugars Ltd.
|
|
25
|
UTV Software Communications Ltd
|
|
26
|
Visual Soft Technologies Ltd.
|
|
27
|
Ways India Ltd.
|
|
28
|
Shemaroo Entertainment Limited (w.e.f. 24.02.2012)
|
LIST OF COMPANIES IN WHICH FII INVESTMENT IS ALLOWED UPTO 49% OF THEIR Paid Up Capital
|
1
|
Alok Industries
|
|
2
|
Auribindo Pharma Ltd.
|
|
3
|
Arvind Mills Ltd
|
|
4
|
Balakrishna Industries Ltd
|
|
5
|
Blue Dart Express Ltd
|
|
6
|
CRISIL
|
|
7
|
Digital GlobalSoft Ltd.
|
|
8
|
Dr. Reddy’s Laboratories Ltd.
|
|
9
|
D. S. Kulkarni Developers Ltd.
|
|
10
|
Federal Bank Ltd.
|
|
11
|
Financial Technologies (I) Ltd
|
|
12
|
HDFC Bank Ltd
|
|
13
|
Himachal Futuristic Communications Ltd.
|
|
14
|
Hindustan Lever Ltd.
|
|
15
|
Hughes Software Ltd.
|
|
16
|
ICICI Bank Ltd.
|
|
17
|
Ind-Swift Laboratories Ltd.
|
|
18
|
Karnataka Bank Ltd.
|
|
19
|
LIC Housing Finance Ltd.
|
|
20
|
Marksans Pharma Ltd.
|
|
21
|
Mahindra & Mahindra Ltd.
|
|
22
|
Mastek Ltd
|
|
23
|
Max India Ltd
|
|
24
|
McDowell & Co Ltd
|
|
25
|
NIIT Ltd.
|
|
26
|
NIIT Technologies Ltd.
|
|
27
|
Panacea Biotec Ltd.
|
|
28
|
Reliance Capital Ltd.
|
|
29
|
Reliance Energy Ltd.
|
|
30
|
Reliance Industries Ltd.
|
|
31
|
Reliance Petroleum Ltd.
|
|
32
|
SB & T International Ltd.
|
|
33
|
Sadbhav Engineering Limited
|
|
34
|
S. Kumars Nationwide Ltd
|
|
35
|
Soffia Software Ltd
|
|
36
|
Strides Arcolabs Ltd
|
|
37
|
Sun Pharmaceutical Industries Ltd.
|
|
38
|
Swaraj Mazda Ltd
|
|
39
|
The South Indian Bank Ltd
|
|
40
|
The Dhanalakshmi Bank Limited
|
|
41
|
SPANCO Limited
|
|
42
|
United Breweries Ltd
|
|
43
|
United Phosphorus Ltd
|
|
44
|
UTI Bank Ltd.
|
|
45
|
Vimta Labs Ltd.
|
|
46
|
Wockhardt Ltd.
|
|
47
|
Yes Bank Ltd.
|
|
48
|
Zeefilms Ltd.
|
|
49
|
Welspun India Ltd (w.e.f. 10.02.2010)
|
|
50
|
IndusInd Bank Limited (w.e.f. 26-11-2012)
|
LIST OF COMPANIES IN WHICH FII INVESTMENT IS ALLOWED UPTO LIMITS FIXED BY COMPANIES AS INDICATED AGAINST THEIR NAMES
|
1
|
Amtek Auto Ltd (74%)
|
|
2
|
Advanta India Limited 49%
|
|
3
|
Amtek India Ltd (74%)
|
|
4
|
Ahmednagar Forgings Ltd (74%)
|
|
5
|
Anant Raj Industries Ltd. (40%)
|
|
6
|
ANG Auto Ltd (49%)
|
|
7
|
Apollo Hospitals (74%)
|
|
8
|
Aptech Ltd (74%)
|
|
9
|
Arshiya International Limited (49%)
|
|
10
|
Ansal Properties Infrastructure Limited (49%)
|
|
11
|
Bhagwati Banquets & Resorts Ltd.
|
|
12
|
Bombay Rayon Fashions Ltd (26%)
|
|
13
|
Bajaj Auto Finance Ltd (30%)
|
|
14
|
Bajaj Hindusthan Limited (74%)
|
|
15
|
Balrampur Chini Mills Ltd (60%)
|
|
16
|
Birla Power Solutions Ltd. (74%)
|
|
17
|
Core Projects & Technologies Ltd.(74%)
|
|
18
|
Cranes Software International Limited (60%)
|
|
19
|
Crest Communication Ltd (50%)
|
|
20
|
CESC Ltd. (49%)
|
|
21
|
CREW B.O.S. Products Ltd. -(49%)
|
|
22
|
DCM Ltd - (49%)
|
|
23
|
Development Credit Bank Ltd. - (49%)
|
|
24
|
Dagger-Forst Tools Ltd. - (74%)
|
|
25
|
Emco Ltd - (49%)
|
|
26
|
Escorts Ltd - (49%)
|
|
27
|
Era Construction (India) Ltd - (40%)
|
|
28
|
Fedders Lloyd Corporation Limited (74%)
|
|
29
|
Ganesh Housing Corporation Ltd.(49%)
(formerly Ganesh Housing Finance Corporation Ltd)
|
|
30
|
Gammon India Ltd - (49%)
|
|
31
|
Garware Offshore Services Ltd-(60%)
|
|
32
|
Godrej Consumer Products Ltd (35%)
|
|
33
|
Great Offshore Limited-(49%)
|
|
34
|
GTL Ltd. – (74%)
|
|
35
|
GTL Infrastructure Ltd. – (74%)
|
|
36
|
Gujarat Pipavav Port Limited (45%) (w.e.f May 29, 2012)
|
|
37
|
HTMT Global Solutions Ltd.-(74%)
|
|
38
|
Hindustan Construction Co Limited – (49%)
|
|
39
|
Hindalco Industries Limited – (40%)
|
|
40
|
Igarashi Motors India Ltd. - (40%)
|
|
41
|
Il & FS Investment Managers Ltd- 74%
|
|
42
|
ICSA (INDIA) Ltd. - (49%)
|
|
43
|
I-Flex Solutions Ltd. (60%)
|
|
44
|
India Nivesh Limited (49%)
|
|
45
|
Infrastructure Development Finance Company Limited (74%)
|
|
46
|
Info Edge (India) Ltd. (40%)
|
|
47
|
International Conveyor Limited (74%)
|
|
48
|
IOL Broadband Ltd. - (49%)
|
|
49
|
Jai Corp Ltd. -(49%)
|
|
50
|
Jindal Saw Limited (49%) (formerly Saw Pipes Limited )
|
|
51
|
Jaisal Securities Limited (50%)
|
|
52
|
Jaiprakash Associates Ltd. (45%)
|
|
53
|
JSW Steel Limited – (49%)
|
|
54
|
Jupiter Bioscience Ltd. - (70%)
|
|
55
|
Kamdhenu Ispat Ltd. (49%)
|
|
56
|
Karuturi Networks limited (74%)
|
|
57
|
KEI Industries Ltd. - (49%)
|
|
58
|
Kotak Mahindra Bank Ltd (35% w.e.f. 12-10-2012, updated from earlier limit of 33%)
|
|
59
|
KPIT Cummins Infosystems Limited (49%)
|
|
60
|
Laxmi Energy & Foods Ltd (Lakshmi Overseas Industries Ltd) (49%)
|
|
61
|
Lloyd Electric & Engineering Ltd (74%)
|
|
62
|
Logix Microsystems Ltd - (74%)
|
|
63
|
Micro Technologies (India) Limited (49%)
|
|
64
|
Maharashtra Seamless Limited (40%)
|
|
65
|
McDowell Holdings Ltd -(49%)
|
|
66
|
Mercator Lines Ltd (70%)
|
|
67
|
Monnet Ispat & Energy Limited (40%)
|
|
68
|
Moser Baer India Ltd (74%)
|
|
69
|
MARG Limited (40%)
|
|
70
|
McLeod Russel India Limited (40%)
|
|
71
|
Network 18 Media & Investments Limited (Formerly Network 18 Fincap Ltd) - 49% (FIIs/NRIs/PIO upto 40%)
|
|
72
|
Neha International Limited (49%)
|
|
73
|
Nagarjuna Construction Company Ltd. (74%)
|
|
74
|
Nava Bharat Ventures Limited (40%)
|
|
75
|
NITCO Tiles Ltd. (60%)
|
|
76
|
Northgate Technologies Ltd (74%)
|
|
77
|
Om Metals Infra projects Ltd.(49%)
|
|
78
|
Opto Circuits (India) Ltd (40%)
|
|
79
|
Paramount Communications Ltd (39%)
|
|
80
|
Patni computers Ltd (74%)
|
|
81
|
Pioneer Investcorp Limited (40%)
|
|
82
|
Pritish Nandy Communications Ltd (60%)
|
|
83
|
Provogue (India) Ltd. (49%)
|
|
84
|
Piramal Healthcare Limited (49%)
|
|
85
|
PTC India Ltd. - (60%)
|
|
86
|
Punjab Tractors Ltd. (64%)
|
|
87
|
PVR Ltd (50%)
|
|
88
|
Pyramid Saimira Theatre Ltd. (40%)
|
|
89
|
M/s. Prime Securities Limited (74%)
|
|
90
|
Parekh Aluminex limited (74%)
|
|
91
|
Precoated Steels Limited (49%)
|
|
92
|
Peninsula Land Limited (40%)
|
|
93
|
Parsvnath Developers Limited (40%)
|
|
94
|
Rajesh Exports Ltd (49%)
|
|
95
|
Rolta India Ltd (75%)
|
|
96
|
Sakthi Sugars Ltd (50%)
|
|
97
|
Sanghvi Movers Ltd.(49%)
|
|
98
|
Satnam Overseas Ltd (51%)
|
|
99
|
Satyam Computer Services Ltd (60%)
|
|
100
|
Shree Renuka Sugars Ltd. – (49%)
|
|
101
|
Sical Logistics Ltd. (49%)
|
|
102
|
Sintex Indiastries Ltd. (74%)
|
|
103
|
Srei Infrastructure Finance Ltd (64%)
|
|
104
|
Subex Systems Ltd. (74%)
|
|
105
|
Sun Pharma Advance Research Company Ltd. (49%)
|
|
106
|
SSI Ltd (74%)
|
|
107
|
SESA GOA Limited (45%)
|
|
108
|
Soma Textiles & Industries Ltd. (74%)
|
|
109
|
Suzlon Energy Limited –(49%)
|
|
110
|
Tata Motors Ltd.(35%)
|
|
111
|
Tata Tea Ltd (35%)
|
|
112
|
The Tata Power Company Ltd (35%)
|
|
113
|
The Jammu & Kashmir Bank Ltd. (40%)
|
|
114
|
Tanla Solutions Ltd. (49%)
|
|
115
|
Temptation Foods Ltd. -(74%)
|
|
116
|
Tourism Finance Corporation of India Ltd (49%)
|
|
117
|
Tulip IT Services Ltd. (40%)
|
|
118
|
Unichem Laboratories Ltd (39%)
|
|
119
|
United Spirits Limited (59%)
|
|
120
|
Vaibhav Gems Ltd (60%)
|
|
121
|
Vakrangee Softwares Ltd. (49%)
|
|
122
|
Venus Remedies Limited- (49%)
|
|
123
|
Voltas Limited (30%)
|
|
124
|
WELSPUN Gujarat Stahl Rohren Limited (49%)
|
|
125
|
Zicom Electronic Security System Ltd (74%)
|
|
126
|
S.E Investments Limited (74% - 28.01.2010)
|
|
127
|
KRBL Limited (49% w.e.f. – March 15, 2010)
|
|
128
|
Su-raj Diamonds and Jewellery Limited (65% w.e.f. 27.10.2010 updated from earlier limit of 49% w.e.f. – March 30,2010)
|
|
129
|
Hathway Cable & Datacom Limited – (49% w.e.f.-May 21,2010)
|
|
130
|
Rei Agro Limited (75% w.e.f.July 7, 2010)
|
|
131
|
Rural Electrification Corporation Ltd (35% w.e.f.30.9.2010).
|
|
132
|
Cox and Kings (India) Limited (74% w.e.f.-October 5, 2010)
|
|
133
|
GMR Infrastructure Limited (35% w.e.f.October 22, 2010)
|
|
134
|
GCV Services Limited (49% w.e.f. December 23, 2010)
|
|
135
|
IVRCL Assets & Holdings Limited (49% w.e.f. 7.2.2011)
|
|
136
|
SVC Resources Ltd. (49% w.e.f. 9.2.2011)
|
|
137
|
Marico Limited (35% w.e.f.25.2.2011)
|
|
138
|
Compuage Infocom Limited (49% w.e.f. 4.3.2011)
|
|
139
|
Lupin Limited (33% w.e.f. 28.4.2011)
|
|
140
|
Tecpro Systems Limited (49% w.e.f. 6.5.2011)
|
|
141
|
Era Infra Engineering Limited(65% w.e.f. 12.5.2011)
|
|
142
|
VA Tech Wabag Limited (49% w.e.f.16.6.2011)
|
|
143
|
Jubilant FoodWorks Limited ( 49 % w.e.f 26.08.2011)
|
|
144
|
Info-Drive Software limited (49 % w.e.f. 26.08.2011)
|
|
145
|
Gitanjali Gems Ltd ( 50% wef 16.09.2011)
|
|
146
|
Mahindra & Mahindra Financial Services Ltd ( 49 % wef 03.10.2011)
|
|
147
|
Jain Irrigation Systems Limited ( 60% wef 17.10.2011)
|
|
148
|
The Karur Vysya ank Limited ( 35 % wef 17.10.2011)
|
|
149
|
Nava Bharat Ventures Ltd (60 % wef 18.11.2011)
|
|
150
|
Polaris Financial Technology Limited (49.90% wef 20.12.2011)
|
|
151
|
SKS Microfinance Limited (74% wef 6.1.2012)
|
|
152
|
Just Dial Limited (49% wef 20.1.2012)
|
|
153
|
Dewan Housing Finance Corporation Limited (60% wef 02.02.2012)
|
|
154
|
Kavveri Telecom Products Limited (35% wef 09-04-2012)
|
|
155
|
VKS Projects Limited (40% wef 05-09-2012)
|
|
156
|
AIA Engineering Limited (49% w.e.f. 12-09-2012)
|
|
157
|
HCL Technologies Limited (30% w.e.f.11-10-2012)
|
LIST OF COMPANIES IN WHICH FII INVESTMENT IS ALLOWED UPTO SECTORAL CAP/STATUTORY CEILING OF THEIR PAID UP CAPITAL
|
1
|
AZTEC Software and Technology Services Ltd - (100%)
|
|
2
|
Dynamatic Technologies Limited -(100%)
|
|
3
|
Educomp Solutions Limited. –(100%)
|
|
4
|
Gateway Distriparks Ltd - (100%)
|
|
5
|
Geodesic Information Systems Ltd- (100%)
|
|
6
|
Geometric Software Solutions Ltd – (100%)
|
|
7
|
Gujarat NRE Coke Limited -(74%)
|
|
8
|
HCL Infosystems Ltd. – (100%)
|
|
9
|
Hexaware Technologies Ltd – (100%)
|
|
10
|
Housing Development and Infrastructure Limited – (100%)
|
|
11
|
Indiabulls Real Estate Limited –(100%)
|
|
12
|
Indiabulls Financial Services Ltd – (100%)
|
|
13
|
Indiabulls Securities Limited - (100%)
|
|
14
|
Indiabulls Power Limited (100%)
(formerly Sophia Power Company Limited)
|
|
15
|
Infotech Enterprises Limited (100%)
|
|
16
|
Infosys Technologies Ltd. – (100%)
|
|
17
|
IVRCL Infrastructures & Projects Ltd (100%)
|
|
18
|
India Infoline Ltd. (100%)
|
|
19
|
Mascon Global Ltd. – (100%)
|
|
20
|
Mphasis BFL Ltd – (100%)
|
|
21
|
Orbit Corporation Limited (100%)
|
|
22
|
Pentamedia Graphics Ltd.- (100%)
|
|
23
|
Pentasoft Technologies Ltd. – (100%)
|
|
24
|
Prajay Engineers Syndicate Limited – (100%)
|
|
25
|
Punj Lioyd Limited (100%)
|
|
26
|
IFCI Limited. (74%)
|
|
27
|
Reliance Communications Ltd – (74%)
|
|
28
|
Sujana Metal Products Ltd - (100%)
|
|
29
|
Sujana Towers Limited-(100%)
|
|
30
|
Sujana Universal Industries Ltd - (100%)
|
|
31
|
Shrenuj & Company Limited- (100%)
|
|
32
|
Unitech Limited – (100%)
|
|
33
|
Interworld Digital Limited (100%)
|
|
34
|
Shobha Developers Limited (100% - Feb 3, 2010)
|
|
35
|
Everonn Education Ltd. (100% w.e.f.June 4, 2010)
|
|
36
|
Redington (India) Limited (100% w.e.f. November 29, 2010)
|
|
37
|
Indiabulls Wholesale Services Ltd (100% w.e.f August 23, 2011)
|
|
38
|
eClerx Services Limited ( 100% wef December 20, 2011)
|
|
39
|
Indiabulls Infrastructure and Power Ltd (100% w.e.f Jan 20,2011)
|
|
40
|
Housing Development Finance Corporation Limited (100% w.e.f. May 24, 2012)
|
|
41
|
Phoenix Mills Limited( 100% w.e.f. July 27 2012, Revised from earlier limit of 49%)
|
|
42
|
MindTree Limited (100% w.e.f.23-08-2012)
|
|
43
|
Gayatri Projects Limited( 100 %w.e.f. 21-11-2012)
|
LIST OF PRINT MEDIA COMPANIES IN WHICH FDI / FII INVESTMENT IS ALLOWED
|
1
|
Jagran Prakashan -26%
|
|
2
|
Deccan Chronicle Holdings Ltd – 24% (FIIs upto 14%)
|
|
3
|
IBN 18 Broadcast Ltd.-26%
|
Companies in which overall FII ceiling has reached and no further purchases are allowed Companies falling under 24 %
|
1
|
Pantaloon Retail (India) Ltd.
|
|
2
|
Panyam Cements and Minerals Industries Ltd.
|
|
3
|
Elpro International Limited (wef 25.08.2011)
|
|
4
|
Anil Modi Oil industries Ltd (wef 25.08.2011)
|
|
5
|
Voltamp Transformers Limited(wef 26-09-2012)
|
Companies falling under 30 %
None
Companies falling under 49% limit
None
Companies where 38% FII limit has been reached and further purchases are allowed with prior approval of RBI.
None
Companies where 28% FII limit has been reached and further purchases are allowed with prior approval of RBI.
None
Companies where 22% FII limit has been reached and further purchases will be allowed with prior approval of RBI
|
1
|
Grasim Industries Limited
|
|
2
|
GSS Infotech Limited (GSS America Infotech Limited) (w. e. f. 25-9-2012)
|
Companies where NRI/PIO Investment has already reached 10 % and no further purchases can be allowed
|
1
|
Chandraprabhu Housing Ltd
|
|
2
|
Coxswain Technology Ltd (Kaveri Biotech Ltd)
|
|
3
|
Dev Sugars Ltd
|
|
4
|
Dharendra Industries Ltd
|
|
5
|
DSQ Biotech Ltd
|
|
6
|
Fintech Communications
|
|
7
|
IQMS Software Ltd
|
|
8
|
Kakatiya Cement Sugar & Industries Ltd
|
|
9
|
Madras Aluminium Co. Ltd.
|
|
10
|
Rama Phosphates Ltd
|
|
11
|
SGN Telecom
|
|
12
|
SPL Ltd.
|
|
13
|
Squared Biotech Ltd
|
|
14
|
Tai Industries Ltd.
|
|
15
|
Goldcrest Finance (India) Limited (w.e.f. 14.11.2011)
|
|
16
|
Khodiyar Industries Limited ( w. e. f. 17-09-2012)
|
|
17
|
Parekh Aluminex Limited (w.e.f. 12-10-2012)
|
Companies where the NRI investment has reached the trigger point of 8% and further purchases are allowed only with prior permission of RBI
|
1
|
Codura Exports Ltd
|
|
2
|
Cosmo Films Ltd
|
|
3
|
Dalmia Cement (Bharat) Ltd
|
|
4
|
Deccan Cements Ltd
|
|
5
|
Garden Silk Mills Ltd.
|
|
6
|
Nexus Software Ltd
|
|
7
|
Polyplex Corporation Ltd
|
|
8
|
Premier Explosives Ltd
|
Companies in which the Ban limit in respect of maximum permissible foreign holding including GDR/ADR/FDI/NRI/PIO/FII Investment as stipulated by Government has been reached.
|
Pantaloon Retail (India) Ltd.
|
Companies in which the Caution limit in respect of maximum permissible foreign holding including GDR/ADR/FDI/NRI/PIO/FII Investments as stipulated by Government has reached.
Print Media Companies in which the Caution limit in respect of maximum permissible foreign holding including FDI/NRI/PIO/FII Investments as stipulated by Government has reached.
Print Media Companies in which the Ban limit in respect of maximum permissible foreign holding including FDI/NRI/PIO/FII Investments as stipulated by Government has reached.
Public Sector banks in which 20% limit has been reached and no further investments are permitted
Public Sector banks in which 18% caution limit has been reached and further purchases by FIIs/NRIs/PIOs are allowed only with prior permission of RBI
|
1
|
Punjab National Bank
|
|
2
|
Dena Bank
|
Private Sector Banks in which the Caution limit in respect of maximum permissible foreign holding including GDR/ADR/FDI/NRI/PIO/FII Investments as stipulated by Government has reached
|
1
|
The South Indian Bank Limited
|
Private Sector Banks in which the Ban limit in respect of maximum permissible foreign holding including GDR/ADR/FDI/NRI/PIO/FII Investments as stipulated by Government has reached
Private Sector Banks in which the Caution limit in respect of FIIs Investment has reached.
Private Sector Banks in which the Ban limit in respect of FIIs Investment has reached.
None
| |
Further purchases are allowed only with prior permission of RBI.
|
| |
No further purchases are allowed.
|
