Can NRI Invest in IPOs in India ?
sdadwal last edited by
Hi There, Good Day
I happened to browse your site. Thanks for valuable guidance & information on finance /investment matters.
I am a NRI. Understand ICICI Securities is coming out with IPO. As an NRI can I apply for some shares ?
Also please advise whom to contact for applying shares. Thanks for your assistance.
jatinderchd last edited by
I think NRIs are not allowed to invest in Indian IPOs.You can check the respective companies offer document.
There are a lot of restrictions on NRIs investing in India.Do confirm beforehand all the regulations.