Investment in Indian Companies by FIIs/NRIs/PIOs

By | November 10, 2015
(Last Updated On: November 10, 2015)

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./p>

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%

1Alembic Chemical Works Co. Ltd.
2Amar Investments Ltd., Calcutta.
3Anglo- India Jute Mills Co. Ltd.
4Arvind Mills, Ahmedabad.
5Ashima Syntex Ltd, Ahmedabad.
6Ashoka Viniyoga Ltd.
7Bharat Nidhi Ltd.
8BLB Shares & Financial Services Ltd
9BPL Ltd.
10Burr Brown (India) Ltd
11Camac Commercial Company Ltd.
12Ceenik Exports (India) Ltd.
13Cifco Finance Ltd., Mumbai.
14Classic Financial Services & Enterprises Ltd, Calcutta.
15CPPL Ltd, (Reliance Ind. Infrastructure Ltd) Mumbai.
16Crest Communication Ltd.
17CRISIL
18DCM Ltd.
19DCM Shriram Consolidated Ltd.
20Dharani Sugars & Chemicals Ltd
21Dolphin Offshore Enterprises ( I ) Ltd.
22Emco Ltd.
23Essar Oil Ltd.
24Essar Shipping Ltd., B’lore
25Essar Steel Ltd.
26Eveready Industries India Ltd.
27Fabworth (I) Ltd.
28Federal Bank Ltd.
29Ferro Alloys Corporation Ltd., Tumsar.
30Gammon India Ltd
31Grasim Industries Ltd.
32GTL Ltd.(formerly Global Tele-Systems Ltd.)
33GTL Infrastructure Ltd
34Hamco Mining & Smelting Ltd.
35HCL Infosystems Ltd.
36HEG Ltd
37Hindustan Development Corp. Ltd, Calcutta.
38Hindustan Nitroproducts (Gujarat) Ltd.
39Hindustan Transmission Products Ltd., Mumbai
40HMG Industries Ltd., Mumbai.
41Housing Development and Infrastructure Limited
42Indiabulls Real Estate Ltd.
43India bulls Securities Ltd.
44Indiabulls Financial Services Ltd
45Indiabulls Power Limited (formerly Sophia Power Company Limited)
46Igarashi Motors India Ltd
47IVP Ltd
48Jagatjit Industries Ltd,
49Jai Parabolic Springs Ltd.
50Jaysynth Dyechem Ltd.
51Jindal Strips Ltd.
52Jindal Iron & Steel Co. Ltd.
53Jindal Saw Limited (formerly Saw Pipes Limited)
54JJ Spectrum Silk Ltd.
55Kartjikeya Paper & Boards Ltd.
56K Sera Sera Productions Ltd
57Lakhani India Ltd.
58M.P. Agro Fertilisers Ltd., Bhopal.
59Macleod Russel (I) Ltd.
60Matsushita Television and Audio India Ltd.
61Max India Ltd
62Mazda Enterprises Ltd., Mumbai.
63Media Video Ltd.
64Monnet Ispat & Energy Limited
65Multimetals Ltd., Mumbai
66Neha International Limited.
67National Steel Industries Ltd.
68Nicholas Laboratories India Ltd., Mumbai.
69Networth Stock Broking Limited
70Nava Bharat Ventures Limited
71O.P. Electronics Ltd., Mumbai.
72Oriental Housing Development Finance Corp. Ltd.
73Pabacea Biotec Ltd.
74Padmini Technologies Ltd.
75Pearl Polymers Ltd., New Delhi.
76Piramal Healthcare Ltd.
77PNB Finance & Industries Ltd
78Rajath Leasing & Finance Ltd.
79Rajesh Exports Limited
80Rama Petrochemicals Ltd.
81Rama Phosphates Ltd.
82Reliance Industries Ltd., Mumbai.
83Rishra Investment Ltd., Calcutta
84Rossell Industries Ltd., Calcutta.
85Sahu Properties Ltd
86Sanghvi Movers Ltd
87Saurashtra Paper & Board Mills Ltd.
88Sayaji Hotel Ltd.
89SB & T International Ltd
90Sharyans Resources Ltd.
91Shanti Gears Ltd.
92Shibir India Ltd., Calcutta
93Shrenuj & Company Ltd.
94Shriram Industries Enterprises Ltd., N. Delhi.
95Silverline Industries Ltd.
96Sonata Software Ltd.
97SRF Ltd.
98Sterling Lease Finance Ltd., Mumbai.
99Sujana Metal Products Ltd
100Svam Software Ltd.
101Synthetics and Chemicals Ltd., Mumbai.
102Shrenuj & Company Limited
103The Champdany Industries Ltd., Calcutta.
104The Dhanalakshmi Bank Limited
105The Dharamsi Morarji Chemical Co. Ltd .
106The Investment Trust of India Ltd.
107The Morarjee Goculdas Spinning & Weaving Co Ltd, Mumbai.
108Tolani Bulk Carrier Ltd.
109Unitech Limited.
110Uniworth International Ltd.
111Vaibhav Gems Ltd.
112Valecha Engineering Ltd.
113VisualSoft Technologies Ltd.
114Weltermann International Ltd.
115Woolworth (India) Ltd.
116Yes Bank Ltd.
117Zora Pharma Ltd.
118M/s. Redington(India) Ltd.(w.e.f. 29.11.2010)
119M/s. Compuage Infocom Limited (w.e.f. 4.3.2011)
120M/s. Kitex Garments Limited (w.e.f. 8.7.2011)
121M/s Indiabulls Wholesale Services Ltd (w.e.f. 26.08.2011)
122M/s Gitanjali Gems Ltd ( wef 16.09.2011)
123Everonn Education Limited ( w.e.f 6.1.2012)
124Indiabulls Infrastructure and Power Ltd ( w.e.f. 20.1.2012)
125M/s Crew B.O.S. Products Limited (w.e.f. 16-1-2013)
126M/s. Indiabulls Housing Finance Limited(w.e.f.19.03.2013)
127M/s. Shilchar Technologies Limited(w.e.f. 20.03.2013)
128M/s. Parekh Aluminex Limited (w.e.f.16.07.2013)
129M/s. Ess Dee Aluminium Limited (w.e.f. 09.12.2013)
130M/s. Finkurve Financial Services Limited (w.e.f. 13.12.2013)
131M/s. NHC Foods Limited (w.e.f. 07.01.2014)
132M/s. Greycells Education Limited (w.e.f. 11.03.2014)
133M/s. Aurionpro Solutions Limited (w.ef.30.06.2014)
134M/s. Selan Exploration Technology Limited (w.e.f.04.12.2014)
135M/s. Zicom Electronic Security System Limited (w.e.f.19.03.2015)
136M/s. Deccan Gold Mines Ltd (w.e.f.24.03.2015)

Upto 17%

1Garware Shipping Corporation Ltd.

LIST OF COMPANIES IN WHICH NRI INVESTMENT IS ALLOWED UPTO LIMITS FIXED BY COMPANIES AS INDICATED AGAINST THEIR NAMES

1Zen Technologies Limited (4% w.e.f. 13.03.2015)
2Dynamatic Technologies Limited (1% w.e.f. 17.03.2015)

LIST OF COMPANIES IN WHICH FII INVESTMENT IS ALLOWED UPTO 30% OF THEIR PAID UP CAPITAL UNDER PIS

1Asian Paints (India) Ltd
2Capital Trust Ltd
3Divi’s Laboratories Ltd
4Ferro Alloys Corporation Ltd
5Garware Polyester Ltd
6GIVO Ltd (formerly KB & T Ltd)
7Orchid Chemicals and Pharmaceuticals Ltd
8Penta Soft Tec(Pentafour Communications Ltd)
9Polyplex Corporation Ltd
10Ranbaxy Laboratories Ltd
11Shasun Chemicals Ltd
12Sonata Software Ltd
13The Paper Products Ltd
14Vikas WSP Ltd
15Power Grid Corporation of India Limited (w.e.f. 03.02.2014)
16Dabur India Limited (w.e.f. 10.02.2014)
17Oberoi Realty Limited (w.e.f. 20.07.2015)
18The Supreme Industries Limited (w.e.f. 24.09.2015)
19M/s Petronet LNG Limited (w.e.f. 03.11.2015)

LIST OF COMPANIES IN WHICH FII INVESTMENT IS ALLOWED UPTO 40% OF THEIR Paid Up Capital

1Adlabs Films Ltd.
2Aftek Infosys Ltd.
3Balaji Telefilms Ltd.
4Bharat Forge Ltd
5Burr Brown (India )Ltd
6Cipla Ltd.
7Elbee Services Ltd
8Gujarat Ambuja Cements Ltd
9HEG Ltd
10Jindal Steel & Power Ltd
11Jyoti Structures Ltd
12Maars Software International Ltd
13Mount Everest Mineral Water Ltd
14Padmini Technologies Ltd.
15Rajasthan Spinning & Weaving Mills Ltd
16Rico Auto Industries Ltd.
17Shanti Gears Ltd.
18Silverline Technologies Ltd.
19Suven Life Sciences Ltd.
20The India Cements Ltd.
21The Indian Hotels Company Ltd
22Thiru Arooran Sugars Ltd.
23UTV Software Communications Ltd
24Visual Soft Technologies Ltd.
25Ways India Ltd.
26Shemaroo Entertainment Limited (w.e.f. 24.02.2012)
27Radico Khaitan Limited (w.e.f. 06.02.2013)
28Havells India Ltd (w.e.f. April 23, 2013, updated from earlier limit of 24%)
29PI Industries Limited (w.e.f. 13.09.2013)
30R Systems International Limited (w.e.f. 14.11.2013)
31Kajaria Ceramics Limited (w.e.f. 09.12.2013)
32Marico Kaya Enterprises Limited (w.e.f. 03.09.2014)
33City Union Bank Limited (w.e.f. 25.09.2014, revised from earlier limit of 35%)
34M/s Edelweiss Financial Sevices Limited (w.e.f. Nov 05, 2014)
35M/s HSIL Limited (w.e.f.29.04.2015)
36M/s Somany Ceramics Limited (w.e.f. 22.05.2015)
37M/s Adani Ports & Special Economic Zone Limited (w.e.f. 01.06.2015)
38M/s Godrej Consumer Products (w.e.f 28.08.2015)
39M/s Ashok Leyland Limited (w.e.f 03.09.2015)
40M/s Maruti Suzuki India Limited (w.e.f 14.09.2015)

LIST OF COMPANIES IN WHICH FII INVESTMENT IS ALLOWED UPTO 49% OF THEIR Paid Up Capital

1Alok Industries
2Auribindo Pharma Ltd.
3Arvind Mills Ltd
4Balakrishna Industries Ltd
5Blue Dart Express Ltd
6CRISIL
7Digital GlobalSoft Ltd.
8Dr. Reddy’s Laboratories Ltd.
9D. S. Kulkarni Developers Ltd.
10Federal Bank Ltd.
11Financial Technologies (I) Ltd
12HDFC Bank Ltd
13Himachal Futuristic Communications Ltd.
14Hindustan Lever Ltd.
15Hughes Software Ltd.
16ICICI Bank Ltd.
17Ind-Swift Laboratories Ltd.
18Karnataka Bank Ltd.
19LIC Housing Finance Ltd.
20Marksans Pharma Ltd.
21Mahindra & Mahindra Ltd.
22Mastek Ltd
23Max India Ltd
24McDowell & Co Ltd
25NIIT Ltd.
26NIIT Technologies Ltd.
27Panacea Biotec Ltd.
28Reliance Capital Ltd.
29Reliance Energy Ltd.
30Reliance Industries Ltd.
31Reliance Petroleum Ltd.
32SB & T International Ltd.
33Sadbhav Engineering Limited
34S. Kumars Nationwide Ltd
35Soffia Software Ltd
36Strides Arcolabs Ltd
37Sun Pharmaceutical Industries Ltd.
38Swaraj Mazda Ltd
39The South Indian Bank Ltd
40The Dhanalakshmi Bank Limited
41SPANCO Limited
42United Breweries Ltd
43UTI Bank Ltd.
44Vimta Labs Ltd.
45Wockhardt Ltd.
46Yes Bank Ltd.
47Welspun India Ltd (w.e.f. 10.02.2010)
48IndusInd Bank Limited (w.e.f. 26-11-2012)
49IRB Infrastructure Developers Ltd (w.e.f. 05.02.2013)
50DEN Networks Limited (w.e.f. 27.06.2013)
51Mahindra Lifespace Developers Limited (w.e.f.22.08.2013, Updated from earlier limit of 30%)
52Page Industries Limited(w.e.f.30-10-2013)
53HCL Technologies Limited (revised from earlier limit of 30% w.e.f.31-10-2013)
54Magma Fincorp Limited (w.e.f. 13.12.2013)
55NHC Foods Limited (w.e.f.07.01.2014)
56Manappuram Finance Limited (w.e.f.07.03.2014)
57Greycells Education Limited (w.e.f 11.03.2014)
58M/S Idea Cellular (w.e.f. 13.06.2014)
59Diamond Power Infrastructure Ltd (w.e.f. 14.08.2014)
60Persistent Systems Limited (w.e.f. 14.10.2014)
61Repco Home Finance Limited (w.e.f. 17.10.2014)
62Hero MotoCorp Ltd (Hero Honda Motors Ltd)(w.e.f. 28.10.2014)
63Tree House Education & Accessories Limited (w.e.f. 18.12.2014)
64Bajaj Corp Limited (w.e.f. 05.01.2015)
65Bharti Infratel Limited (w.e.f. 18.02.2015)
66Time Technoplast Ltd (w.e.f. 09.03.2015)
67Eicher Motors Limited (w.e.f. 15.04.2015)
68GSS Infotech Limited (w.e.f. 20.04.2015)
69M/s Glenmark Pharmaceuticals Limited (w.e.f. 19.05.2015)
70M/s Gammon Infrastructure Projects Limited (w.e.f 27.05.2015)
71M/s Kaveri Seed Company Limited (w.e.f. 12.06.2015)
72M/s Eveready Industries India Ltd (w.e.f. 29.09.2015)
73The Prestige Estate Projects Limited (w.e.f.09.11.2015)

LIST OF COMPANIES IN WHICH FII INVESTMENT IS ALLOWED UPTO LIMITS FIXED BY COMPANIES AS INDICATED AGAINST THEIR NAMES

1Amtek Auto Ltd (74%)
2Advanta India Limited 49%
3Amtek India Ltd (74%)
4Ahmednagar Forgings Ltd (74%)
5Anant Raj Industries Ltd. (40%)
6ANG Auto Ltd (49%)
7Apollo Hospitals (74%)
8Aptech Ltd (74%)
9Arshiya International Limited (49%)
10Ansal Properties Infrastructure Limited (49%)
11Bhagwati Banquets & Resorts Ltd.
12Bombay Rayon Fashions Ltd (26%)
13Bajaj Auto Finance Ltd (30%)
14Bajaj Hindusthan Limited (74%)
15Balrampur Chini Mills Ltd (60%)
16Birla Power Solutions Ltd. (74%)
17Core Projects & Technologies Ltd.(74%)
18Cranes Software International Limited (60%)
19Crest Communication Ltd (50%)
20CESC Ltd. (49%)
21CREW B.O.S. Products Ltd. -(49%)
22DCM Ltd – (49%)
23Development Credit Bank Ltd. – (49%)
24Dagger-Forst Tools Ltd. – (74%)
25Emco Ltd – (49%)
26Escorts Ltd – (49%)
27Era Construction (India) Ltd – (40%)
28Fedders Lloyd Corporation Limited (74%)
29Ganesh Housing Corporation Ltd.(49%)
(formerly Ganesh Housing Finance Corporation Ltd)
30Gammon India Ltd – (49%)
31Garware Offshore Services Ltd-(60%)
32Great Offshore Limited-(49%)
33GTL Ltd. – (74%)
34GTL Infrastructure Ltd. – (74%)
35Gujarat Pipavav Port Limited (45%) (w.e.f May 29, 2012)
36HTMT Global Solutions Ltd.-(74%)
37Hindustan Construction Co Limited – (49%)
38Hindalco Industries Limited – (40%)
39Igarashi Motors India Ltd. – (40%)
40Il & FS Investment Managers Ltd- 74%
41ICSA (INDIA) Ltd. – (49%)
42I-Flex Solutions Ltd. (60%)
43India Nivesh Limited (49%)
44IDFC Ltd (Infrastructure Development Finance Company Limited) (w.e.f.30.09.2014, 48% revised from earlier limit of 50%)
45Info Edge (India) Ltd. (50% w.e.f. 01.09.2015, revised from earlier limit of 40%)
46International Conveyor Limited (74%)
47IOL Broadband Ltd. – (49%)
48Jai Corp Ltd. – (49%)
49Jindal Saw Limited (49%) (formerly Saw Pipes Limited )
50Jaisal Securities Limited  (50%)
51Jaiprakash Associates Ltd. (45%)
52JSW Steel Limited – (49%)
53Jupiter Bioscience Ltd. – (70%)
54Kamdhenu Ispat Ltd. (49%)
55Karuturi Networks limited (74%)
56KEI Industries Ltd. – (49%)
57Kotak Mahindra Bank Ltd (40% w.e.f.18.07.2014, updated from earlier limit of 37%)
58KPIT Technologies Limited(formerly KPIT Cummins Infosystems Limited (80% w.e.f. 13.08.2014) revised from earlier limit of 49%
59Laxmi Energy & Foods Ltd (Lakshmi Overseas Industries Ltd) (49%)
60Lloyd Electric & Engineering Ltd (74%)
61Logix Microsystems Ltd – (74%)
62Micro Technologies (India) Limited (49%)
63Maharashtra Seamless Limited (40%)
64McDowell Holdings Ltd -(49%)
65Mercator Lines Ltd (70%)
66Monnet Ispat & Energy Limited (40%)
67Moser Baer India Ltd (74%)
68MARG Limited (40%)
69McLeod Russel India Limited (40%)
70Network 18 Media & Investments Limited (Formerly Network 18 Fincap Ltd) – 49% (FIIs/NRIs/PIO upto 40%)
71Neha International Limited (49%)
72Nagarjuna Construction Company Ltd. (74%)
73Nava Bharat Ventures Limited (40%)
74NITCO Tiles Ltd. (60%)
75Northgate Technologies Ltd (74%)
76Om Metals Infra projects Ltd.(49%)
77Opto Circuits (India) Ltd (40%)
78Paramount Communications Ltd (39%)
79Patni computers Ltd (74%)
80Pioneer Investcorp Limited (40%)
81Pritish Nandy Communications Ltd (60%)
82Provogue (India) Ltd. (49%)
83Piramal Healthcare Limited (49%)
84PTC India Ltd. – (60%)
85Punjab Tractors Ltd. (64%)
86PVR Ltd (50%)
87Pyramid Saimira Theatre Ltd. (40%)
88M/s. Prime Securities Limited (74%)
89Parekh Aluminex limited (74%)
90Precoated Steels Limited (49%)
91Peninsula Land Limited (40%)
92Parsvnath Developers Limited (40%)
93Rajesh Exports Ltd (49%)
94Rolta India Ltd (75%)
95Sakthi Sugars Ltd (50%)
96Sanghvi Movers Ltd.(49%)
97Satnam Overseas Ltd (51%)
98Satyam Computer Services Ltd (60%)
99Shree Renuka Sugars Ltd. – (49%)
100Sical Logistics Ltd. (49%)
101Sintex Indiastries Ltd. (74%)
102Srei Infrastructure Finance Ltd (64%)
103Subex Systems Ltd. (74%)
104Sun Pharma Advance Research Company Ltd. (49%)
105SSI Ltd (74%)
106SESA GOA Limited (45%)
107Soma Textiles & Industries Ltd. (74%)
108Suzlon Energy Limited –(49%)
109Tata Motors Ltd.(35%)
110Tata Tea Ltd (35%)
111The Tata Power Company Ltd (35%)
112The Jammu & Kashmir Bank Ltd. (40%)
113Tanla Solutions Ltd. (49%)
114Temptation Foods Ltd. -(74%)
115Tourism Finance Corporation of India Ltd (49%)
116Tulip IT Services Ltd. (40%)
117Unichem Laboratories Ltd (39%)
118United Spirits Limited (59%)
119Vaibhav Gems Ltd (60%)
120Vakrangee Softwares Ltd. (49%)
121Venus Remedies Limited- (49%)
122Voltas Limited (30%)
123WELSPUN Gujarat Stahl Rohren Limited (49%)
124Zicom Electronic Security System Ltd (74%)
125S.E Investments Limited (74% – 28.01.2010)
126KRBL Limited (49% w.e.f. – March 15, 2010)
127Su-raj Diamonds and Jewellery Limited (65% w.e.f. 27.10.2010 updated from earlier limit of 49% w.e.f. – March 30,2010)
128Rei Agro Limited (75% w.e.f.July 7, 2010)
129Rural Electrification Corporation Ltd (35% w.e.f.30.9.2010).
130Cox and Kings (India) Limited (74% w.e.f.-October 5, 2010)
131GMR Infrastructure Limited (35% w.e.f.October 22, 2010)
132GCV Services Limited (49% w.e.f. December 23, 2010)
133IVRCL Assets & Holdings Limited (49% w.e.f. 7.2.2011)
134SVC Resources Ltd. (49% w.e.f. 9.2.2011)
135Marico Limited (35% w.e.f.25.2.2011)
136Compuage Infocom Limited (49% w.e.f. 4.3.2011)
137Lupin Limited (49% w.e.f. 12.02.2015, revised from earlier limit of 33%)
138Tecpro Systems Limited (49% w.e.f. 6.5.2011)
139Era Infra Engineering Limited(65% w.e.f. 12.5.2011)
140VA Tech Wabag Limited (49% w.e.f.16.6.2011)
141Jubilant FoodWorks Limited ( 55% w.e.f 15.04.2014, revised from earlier limit of 49%)
142Info-Drive Software limited (49 % w.e.f. 26.08.2011)
143Gitanjali Gems Ltd ( 50% wef 16.09.2011)
144Mahindra & Mahindra Financial Services Ltd ( 49 % wef 03.10.2011)
145Jain Irrigation Systems Limited ( 60% wef 17.10.2011)
146The Karur Vysya ank Limited ( 40 % w.e.f. 02.01.2014, updated from earlier limit of 35%)
147Nava Bharat Ventures Ltd (60 % wef 18.11.2011)
148Polaris Financial Technology Limited (49.90% wef 20.12.2011)
149SKS Microfinance Limited (74% wef 6.1.2012)
150Just Dial Limited (75% revised from earlier limit of 49% w.e.f. 27.11.2014)
151Dewan Housing Finance Corporation Limited (60% wef 02.02.2012)
152Kavveri Telecom Products Limited (35% wef 09-04-2012)
153VKS Projects Limited (40% wef 05-09-2012)
154AIA Engineering Limited (49% w.e.f. 12-09-2012)
155Shriram City Union Finance Ltd (74% w.e.f.18.07.2013)
156Tech Mahindra Limited (48% w.e.f. 13.03.2014, updated from earlier limit of 45%)
157Tata Motors Limited-DVR(‘A’ Type Ordinary Shares(AOS) (75% w. e. f .31-10-2013)
158Great Eastern Shipping Co. Ltd (33% w.e.f .12.02.2014)
159Hinduja Foundries Limited (60% w.e.f .02.04..2014)
160Credit Analysis & Research Limited (74% w.e.f. 05.05.2014)
161Hexa Tradex Ltd (74% w.e.f .06.05.2014)
162CMC LTD (35% w.e.f.22.05.2014)
163Bharti Airtel Limited (74% w.e.f.03.07.2014)
164Apollo Tyres Limited (45% w.e.f. 01.10.2014)
165UPL Limited (74% w.e.f.13.10.2014, revised from earlier limit of 49%)
166M/s Pennar Industries Ltd (35% w.e.f 19.11.2014)
167M/s CEAT Limited (45% w.e.f 24.11.2014)
168M/S Veritas (India) Limited (100% w.e.f. 29/01/2015)
169Container Corporation of India Ltd (34% w.e.f. 05.03.2015 revised from earlier limit of 30%)
170Zen Technologies Limited (20% w.e.f. 13.03.2015)
171Dynamatic Technologies Lmited (25% w.e.f. 17.03.2015 revised from earlier limit of 26%)
172M/s SeQuent Scientific Limited (32.46% w.e.f. 14.05.2015)
173M/s Ipca Laboratories Ltd (35% w.e.f. 22.05.2015)
174M/s Natco Pharma Limited (31.50% w.e.f. 04.09.2015)
175M/s Shriram Transport Finance Co. Limited (74% w.e.f. 21.10.2015)

LIST OF COMPANIES IN WHICH FII INVESTMENT IS ALLOWED UPTO SECTORAL CAP/STATUTORY CEILING OF THEIR PAID UP CAPITAL

1AZTEC Software and Technology Services Ltd – (100%)
2Educomp Solutions Limited. –(100%)
3Gateway Distriparks Ltd – (100%)
4Geodesic Information Systems Ltd- (100%)
5Geometric Software Solutions Ltd – (100%)
6Gujarat NRE Coke Limited -(74%)
7HCL Infosystems Ltd. – (100%)
8Hexaware Technologies Ltd – (100%)
9Housing Development and Infrastructure Limited – (100%)
10Indiabulls Real Estate Limited –(100%)
11Indiabulls Financial Services Ltd – (100%)
12Indiabulls Securities Limited – (100%)
13Indiabulls Power Limited (100%)
(formerly Sophia Power Company Limited)
14Infotech Enterprises Limited (100%)
15Infosys Technologies Ltd. – (100%)
16IVRCL Infrastructures & Projects Ltd (100%)
17India Infoline Ltd. (100%)
18Mascon Global Ltd. – (100%)
19Mphasis BFL Ltd – (100%)
20Orbit Corporation Limited (100%)
21Pentamedia Graphics Ltd.- (100%)
22Pentasoft Technologies Ltd. – (100%)
23Prajay Engineers Syndicate Limited – (100%)
24Punj Lioyd Limited (100%)
25IFCI Limited. (74%)
26Reliance Communications Ltd – (74%)
27Sujana Metal Products Ltd – (100%)
28Sujana Towers Limited-(100%)
29Sujana Universal Industries Ltd – (100%)
30Shrenuj & Company Limited- (100%)
31Unitech Limited – (100%)
32Interworld Digital Limited (100%)
33Shobha Developers Limited (100% – Feb 3, 2010)
34Everonn Education Ltd. (100% w.e.f.June 4, 2010)
35Redington (India) Limited (100% w.e.f. November 29, 2010)
36Indiabulls Wholesale Services Ltd (100% w.e.f August 23, 2011)
37eClerx Services Limited ( 100% wef December 20, 2011)
38Indiabulls Infrastructure and Power Ltd (100% w.e.f Jan 20,2011)
39Housing Development Finance Corporation Limited (100% w.e.f. May 24, 2012)
40Phoenix Mills Limited( 100% w.e.f. July 27 2012, Revised from earlier limit of 49%)
41MindTree Limited (100% w.e.f.23-08-2012)
42Gayatri Projects Limited( 100 %w.e.f. 21-11-2012)
43Indiabulls Housing Finance Limited (100% w.e.f.19.03.2013)
44Tara Jewels Limited (100% w.e.f.13.05.2013)
45Uttam Galva Steels Limited (100% w.e.f.23.05.2013)
46Ess Dee Aluminium Limited (100% w.e.f.09.12.2013)
47M/s. Finkurve Financial Services Limited (100% w.e.f. 13.12.2013)
48M/s. Rasoya Proteins Ltd (100% w.e.f. 05.02.2014)
49M/s. Zee Entertainment Enterprises Limited (100% w.e.f.02.06.2014) (Revised from earlier limit of 49%)
50M/s. Aurionpro Solutions Limited (100% w.e.f.30.06.2014)
51TD Power Systems Limited (100% w.e.f.26.09.2014, revised from earlier limit of 49%)
52M/S MT Educare Limited (100% w.e.f. 30.09.2014)
53Crompton Greaves Limited (100% w.e.f. 18.12.2014)
54M/s Hathway Cable & Datacom Limited (74% w.e.f 26.08.2015)
55M/s DEN Networks Limited (74% w.e.f 26.10.2015, revised from earlier limit of 49%)

LIST OF PRINT MEDIA COMPANIES IN WHICH FDI / FII INVESTMENT IS ALLOWED

1Jagran Prakashan -26%
2Deccan Chronicle Holdings Ltd – 24% (FIIs upto 14%)
3IBN 18 Broadcast Ltd.-26%

Companies in which overall FII ceiling has reached and no further purchases are allowed
Companies falling under 24 %

1Panyam Cements and Minerals Industries Ltd.
2Voltamp Transformers Limited(wef 26-09-2012)
3V-Mart Retail Ltd (w.e.f. 25.02.2014)

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.

1Power Grid Corporation of India Limited (w.e.f. 21-11-2014)

Companies where 22% FII limit has been reached and further purchases will be allowed with prior approval of RBI

1Grasim Industries Limited
2Carborundum Universal Limited (w.e.f. 29-05-2013)
3Multi Commodity Exchange of India Limited (w.e.f.26.09.2013)
4Titan Industries limited (w.e.f. 06-11-2013)
5Gujarat State Fertilizers & Chemicals Ltd (w.e.f. 24-12-2014)

Companies where intermediate FII limit has been reached and further purchases will be allowed with prior approval of RBI

None

Companies in which overall FII ceiling has reached and no further purchases are allowed Companies falling under intermediate ceiling as indicated against their names

1IDFC Limited (52.5%). (w.e.f. 21-02-2014)

Companies in which the Ban limit in respect of maximum permissible foreign holding by FII Investment as stipulated by Government has been reached

None

Companies where NRI/PIO Investment has already reached 10 % and no further purchases can be allowed

1Chandraprabhu Housing Ltd
2Coxswain Technology Ltd (Kaveri Biotech Ltd)
3Dev Sugars Ltd
4Dharendra Industries Ltd
5DSQ Biotech Ltd
6Fintech Communications
7IQMS Software Ltd
8Kakatiya Cement Sugar & Industries Ltd
9SGN Telecom
10SPL Ltd.
11Squared Biotech Ltd
12Goldcrest Finance (India) Limited (w.e.f. 14.11.2011)
13Khodiyar Industries Limited ( w. e. f. 17-09-2012)
14Carnation Industries Limited (w.e.f.13.11.2013)
15Kama Holdings Limited (w.e.f.23.01.2014)
16Samtel India Ltd (w.e.f.05.03.2014)
17Pankaj Pplypack Ltd (name as per BSE website) / Pankaj Polypack Ltd (name as confirmed by the company) (w.e.f.09.07.2014)
18Prajay Engineers Syndicate Ltd (w.e.f.02.09.2014)

Companies where the NRI investment has reached the trigger point of 8% and further purchases are allowed only with prior permission of RBI

1Codura Exports Ltd
2Deccan Cements Ltd
3Garden Silk Mills Ltd.
4Nexus Software Ltd
5Polyplex Corporation Ltd
6Premier Explosives Ltd
7Teledata Technology Solutions Limited (w.e.f.05.03.2013)
8Teledata Informatics Limited (Name changed to: Agnite Education Limited but not incorporated in BSE site) (w.e.f.05.03.2013)
9Mac Charles (India) Limited (w.e.f. 10-12-2013)
10Transwarranty Finance Ltd (w.e.f.28.03.2014)
11Alfa Transformers Ltd (w.e.f.10.04.2014)
12CHL Ltd (w.e.f.05.06.2014)
13Tamboli Capital Limited (w.e.f. 24.07.2015)
14Shyam Telecom Limited (w.e.f. 08.10.2015)

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.

None

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.

None

 

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.

1D B Corp Ltd (w.e.f. 10-02-2014)

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.

None

Public Sector banks in which 20% limit has been reached and no further investments are permitted

None

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

1Punjab National 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

None

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

1HDFC Bank Ltd (w.ef. 16.12.2013)
2Kotak Mahindra Bank Ltd (w.e.f. 21.04.2015)

Private Sector Banks in which the Caution limit in respect of FIIs Investment has reached.

None

Private Sector Banks in which the Ban limit in respect of FIIs Investment has reached 49%.

None

 

Further purchases are allowed only with prior permission of RBI.
No further purchases are allowed.

Source :https://rbi.org.in/Scripts/BS_FiiUSer.aspx#Prestige

 

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