Route 1: Fresh allotment to a non-resident
A company allotting new shares against foreign remittance.
- Register entity and investor on FIRMS
- Obtain FIRC, KYC and valuation
- File FC-GPR within 30 days of allotment
When an Indian company issues shares to a non-resident, the inflow must be reported to the RBI in Form FC-GPR within 30 days of allotment through the FIRMS portal. It needs a FIRC, KYC, a valuation certificate and a company-secretary certificate. Late filing attracts a LSF penalty.
Starting at
₹14,999
FC-GPR
Companies that have issued shares to foreign investors
Timeline
10-15 working days
Foreign Direct Investment into an Indian company is governed by FEMA and the Non-Debt Instruments Rules. When a company allots equity instruments - shares, convertible debentures or preference shares - to a person resident outside India, it must report the issue to the Reserve Bank in Form FC-GPR within 30 days of allotment, through the Single Master Form on the RBI's FIRMS portal. The filing requires the Foreign Inward Remittance Certificate (FIRC), the investor's KYC from the remitting bank, a valuation certificate supporting the issue price, and a certificate from a company secretary confirming compliance.
TL;DR
Issued shares to a non-resident? Report it in FC-GPR on the FIRMS portal within 30 days of allotment, with FIRC, KYC, valuation and a CS certificate.
FC-GPR
The form reporting issue of equity instruments to a non-resident.
FIRMS portal
The RBI's online portal for foreign investment reporting.
FIRC
The Foreign Inward Remittance Certificate evidencing the inflow.
Valuation certificate
Certifies the price is not below fair value per RBI norms.
LSF
The Late Submission Fee payable when reporting is delayed.
A company allotting new shares against foreign remittance.
An allotment that was not reported within the 30-day window.
01
We set up the entity and investor masters on the RBI FIRMS portal if not already done.
02
We obtain the FIRC, investor KYC, valuation certificate and the board resolution and PAS-3 details.
03
We complete the FC-GPR single master form within the 30-day window and attach the CS certificate.
04
We track the RBI's processing and share the acknowledgement, handling any LSF if reporting was delayed.
Upload via our secure portal. We pre-check every scan before filing - cuts portal rejections by ~90%.
Still unsure if FC-GPR is right for your case? Book a free 20-minute consult - a senior CA / CS will walk you through your specifics.
Still have questions?
Book a free 20-minute consult with a senior partner - we'll walk through your case and outline next steps.
Talk to a partner →A senior CA / CS will get on a call with you, confirm scope and start the work - usually within 24 hours.