Depository Receipts (ADR, GDR, IDR) - CA Final SFM (New Syllabus) Classes & Video Lectures

For more info visit our website: sfmguru.com/
For regular updates kindly subscribe to our channel: / @nikhiljobanputra
Raising funds by an Indian Company through ADR:
- Deposit of the securities of an Indian company with a custodian bank (agent of the depositary) in India.
- The custodian bank makes acknowledgement of deposits to the depository in the US.
- The depository in the US then issues the ADRs to the investors in the US.
- The US$ receipts in the hands of the depository are passed on to the Indian Company issuing shares.
American Depository Receipt (ADR):
- A certificate (receipt) that represents shares of a foreign company, owned and issued by a U.S. Bank (Depositary).
- Issued in accordance with the provisions stipulated by the Securities and Exchange Commission of USA.
- The foreign shares are held in custody overseas, but the certificates traded on one of the three major U.S. equity markets (the NYSE, AMEX or NASDAQ).
- ADRs are denominated in US$ and funds in the hands of the share issuing company are also in US$.
Features of ADRs (In context of Indian Company)
- ADRs are US$ denominated and are traded in the same way as are the securities of US companies.
- The ADR holder is entitled to the same rights and advantages as owners of the shares in India.
- ADR represents ownership in shares of Indian Company that is traded in US Stock Exchanges.
- ADRs pay dividends in US$ and can be traded like shares of US based companies.
- The value of ADR fluctuates based on the price movements of the underlying shares.
ADR v/s GDR:
- ADR and GDR are commonly used by the Indian companies to raise funds from the foreign capital market.
- The principal difference between ADR and GDR is in the market in which they are issued and the exchange in which they are listed.
- While ADR is traded on US stock exchanges, GDR is traded on European stock exchanges.
- While ADR is issued by a US bank, GDR is issued by the international depository bank, representing foreign company's stock trading globally.
- Through ADR issue, funds can be raised in US stock market, through GDR issue, funds can be raised in any country’s stock market except USA
Title Music Composed and arranged by:
Mr. Manish Thakkar
Rights reserved with SFM Guru.
#DepositoryReceipts , #Finance , #CAFinal , #FinancialLearning , #CAFinalSFM , #StrategicFinancialManagement , #SFM , #ADR, #GDR, #IDR

[@krishnachandranmenon5537]

Teachers don’t just teach students. They help prepare students for the road ahead in life. Saying you appreciate that effort reminds a teacher that their impact goes beyond the classroom... Thank you sir.. The master in FM..

[@sarathsnair4708]

Amazing work sir....❤️❤️ If simplifying something was an art,you would have been the Picasso of it....💓💓

[@vaisakhthorakkad7045]

One Day With A Great Teacher is Better Than A Thousand Days Of Diligent Study . Few minutes of your class is better than 1 week of self study😂 ..Great classes sir 😉 expecting more and more simplified topics from u 😊😍

[@vaisakhpoomaram6800]

If we where a beam of light . you are the prism of our life😍😍😍😘 Your tips are simple and powerful 🤗 Thank you sir☺

[@10act37]

Crisp and lucid explanation. I had problems understanding these concepts but now it is crystal clear. Thank you very much Sir.

[@NiyatiAtal]

Sir sitting at home and understanding such difficult concepts so easily it can be done only by such helpful videos uploaded by you for the benefits of student .. thx a lot sir and hoping more such videos🙏🏼🙏🏼👍

[@NikhilJobanputra]

Thanks Komal Stay tuned to my channel, I shall continue to upload such contents

[@tabassumkhan3784]

Simplest and best video on youtube for Adr, gdr and IDR. Thank you so much sir 😊

[@mostwantedcodm]

I was watching few ADR videos but couldnt understand but watching you explain i understood everything. Subscribing to you.

[@yadunarayan3410]

ADRs,GDRs and IDRs made so simple..hats off !!

[@sanjay5161]

Thnks Sir its gave a boost in the preparation of exmz at the tha last moments of exmz rush Thnkss alot.....

[@angelsharma6270]

Clearly define each aspect of topic.. fully captured in d mind .. thank u sir (KEEP GOING ON)

[@benbooker9114]

God bless you 🙌🏼🙌🏼🙌🏼. I’ve learned more on KZbin that I’ve ever learned in school. Bless you and your family for taking time out of your life to bring us this information.

[@TheAuraMaxxer]

Tomorrow is my presentation on topic ADR and seeing this video will help me a lot, well done sir 👍 , it's really worth watching your videos 🙃

[@rishabhgambhir1169]

What an explanation Sir!! It's a humble request to you to ease many more complex topics like these!! Thanku for such a good elaboration!

[@divyachaudhary7677]

Can't have more simplest explaination than this!!! Thanks 😀

[@aswinmk4395]

Thank you very much Sir for simplifying the portions to this form...very innovative and impressive lecture... obviously these makes you unique among others..

[@darsanar6767]

No words to describe the pleasure one receives after understanding these concepts... without any effort.... u a wizard...

[@MithunKarakkat]

I had no idea about Depository Receipts earlier. By watching this 18 minutes video I got a clear picture on it. Thank you Sir for providing such FREE information.

[@devapriyab2231]

Sir....all those topics are made crystal clear. Tnku for making such a vdeo available for us at our fingertips...we could really experience this like u are standing in front of us and teaching .. tnku for such a simple and elegant presentation...keep gng on sir...Good luck

[@sreejavskumar691]

Thank you sir.. for uploading such conceptual videos. Your teaching techniques are very effective and unique.

[@shubhanshujaiswal9679]

Sir, your Teaching style and explanation is so good. And All concepts are clearing you

[@roshanr6813]

A mere "Thank you " would be so less. You are the BEST in the business, sir!! Keep inspiring young aspirants like us. So glad that i decided to attend your class. BEST FACULTY EVER !! 🙏❤

[@MrHimanshushinde]

Sir you have made international finance so easy to understand!!!

[@varshagkrishna9117]

Great Video and Amazing explanation Sir. Very straight to the point. I just let my friends know about your channel. I am so grateful to you. Thanks from Kerala❤

[@AfzalShad]

Sir Nikhil, Being a teacher myself, i can say that you are the teacher of the teachers. What a man and what an inspiration you are for us. No doubt your way of teaching is what keeps me motivated to strive hard and make our lectures more crisp and clearer for the students. Love you sir. ❤

[@NikhilJobanputra]

So nice of you dear Afzal Sir.

[@amitranjan25]

Brilliant video - I was looking for info on ADRs... this nails it in a simple, easy explanation.

[@NikhilJobanputra]

Glad it was helpful!

[@jesnajacob8725]

Great work sir 😍✌waiting for more vedios......😊may God bless u sir 👼. Thank you for doing vedios in diagrammatic representation that makes us easy to study 📚✏. May God grand a good future a head 😍😍

[@Rcb-fx2gu]

Awesome sir ur teaching is fantastic.. Today I cleared all about that ADR,GDR and IDR concepts. Thank you so much sir...

[@NikhilJobanputra]

Most welcome dear... Glad that it helped you...

[@navarajsharma1612]

Its really helpful sir. ..It makes me very easy to prepare for CA Final of Nepal...Thank you soo much.

[@abhishekhsharma7140]

Whenever i need to know about topics of finance then i simply search and choose yours video only as you give detailed view. very well explained. Please make more videos in every concept of share market. it will help in getting good marks in SFM

[@NikhilJobanputra]

It's my pleasure

[@gsivaprasad6508]

Ur teaching in simple manner

[@hema4124]

Sir, Just by watching this single video I can understand the quality of the contents that I'll be getting from all ur lectures. Subscribed it, Tq for providing us the wonderful contents online that too for a free.

[@arnavgupta7392]

Sir u r amazing and I have not so much words to describe how much I am benefitted with this video. Just want to say this that I had got upset by searching for videos on u tube that could explain me this topic but your video cleared everything. Thank you so much! Please keep making these type of videos

[@priyachoudhary4813]

Best ever explanation on Depository Receipts...Concepts crystal clear now, thankyou so much sir.

[@hetvidoshi127]

When it comes to IDR, foreign investors want to raise funds from India. So, my question is that when that foreign company wants to raise funds globally through GDR and not IDR, then, would they be able to raise funds from India or would it be except India?

[@shobithac9307]

Thank you sir for teaching us the concept well and clear 😊.

[@suvarnakaranth4817]

Wow,, just a simple way of understanding thanks for every lecture 👏

[@NikhilJobanputra]

Glad to hear that

[@krishnapriya9330]

Very well explained. The concepts got really clear. Great effort sir. Really helpful.

[@yogitachouhan4694]

it's a topic of class 11th business studies chapter sources of business finance, you explain it very well. Thanks for the beautiful explanation. 😊

[@srinivasmaruthi5719]

Awesome explanation sir, this class of yours is not just informative it is interesting as well. Thank you sir

[@rushmerashmee]

Sir, Thanks for the needful video. Superb and Simple explanation given.

[@yogeshchopra433]

ur lectures are monumental... i kudos u sir for ur fantastic videos.. really best way to teaching

[@NikhilJobanputra]

Thanks again Yogesh, I shall keep this ongoing...

[@kiranjape3941]

Thank you sir for briefing about this. Very helpful.

[@John-le7ej]

Sir nyc class, and cartoon represention and diagrams makes it easy to understand this......

[@binilbabu5176]

You're classes were exquisite with great finesse ..!!

[@tanyaarora5108]

I had problems understanding this topic during bcom hons as well as in CA Inter. But now, finally I'm clear with it. Thank you so much sir. You are awesome. 🙏

[@NikhilJobanputra]

Glad to hear that

[@hareramthakur5848]

No words to express ..... Amazing..... Exceptional teaching skills....🙏🙏

[@kl51techy53]

Words are limit less as the power of your simplification is countless😍😍To add a comment will be formal to u . Since you're like blood in our heart😇😇😇😘

[@poojasarda4248]

Thank you sir. You have explained it's so nicely that we can never forget the concept . Thank you so very much sir sir if you could upload a video on small and medium enterprises before exams would be a great help 🙏🙏🙏🙏

[@NikhilJobanputra]

Sure Pooja, I will try my best.

[@yogeshraghav2004]

Great sir , nice explanation. Now my all doubts clear about ADR, GDR& IDR. Sir I have one request, if possible then please upload one full lecture on valuation chapter under CRVI icsi course book. I will be thankful to you for this act of kindness. Thank-you sir

[@olongdx9060]

Sir u r brilliant. Your teaching is high standard quality.

[@anjanasreekumar5745]

Thanku so much sir... Very useful lecture.. Totally clear about depository receipts... Awesome effort

[@Simran-om6ky]

Amazing sir... Thanku soo much for making this topic so easy to understand... God bless you sir

[@shikhardahal1568]

Tremendously good explanation. Subscribed !

[@aykguy8951]

Very helpfull In clearly Understanding the topic , you have explained So. Nicely ,thanks sir.

[@vishaltiwari6466]

Really , the best and easiest explanation!

[@AmolMY]

Wow. Thank you sir. You made this confusing topic look easy.

[@trilochanbadatya697]

Simply Great explanation Sir . Thank you a lot .

[@sebastiankamei]

Thanks a lot sir..u are making the concepts so easy in english.

[@Queen0887]

Thakyou so much sir for removing my doubt through this video

[@shraddhaphatak7287]

Simplest explanation ever

[@madhavaraomandapati7718]

Recently I got sbi junior associate job,before i was prepared for bank exams 4 years.today iam preparing for JAIIB promotional exam IIBF Macmillan edition, I read this topic ..after that ,I watching this video ..........finally I observed great Happiness on my face with fulfilled explanation....really super sir ,thank you so much sir

[@NikhilJobanputra]

All the best

[@madhavaraomandapati7718]

@@NikhilJobanputra thank you so much sir

[@faizpatel5265]

Your Every video boosting me in SFM REMOVE MY FEAR REGARDING SFM

[@athulyak4219]

Sir I am from kerala.....your classes are perfect...very effective session...Thank u somuch sir...നന്ദി..😊

[@macchauhanchallengingvlogs7049]

Heartily Thanks a lot sir...Really the way of yr teaching is unique and attractive..👌👌👌

[@NungshiJamir-bo3eg]

Still watching in 2024 . Thank you sir. It was a great help for me in grasping the concept .

[@ashokreddy1326]

Thank you very much sir. You made the topic consputally easy

[@mr.sanjayinformationdiscov3282]

Sir mene ADR,GDR ke bare me sare youtube chhanel dekhaliya sab notes rakha kara shrip rataa lagala sikha rahe the, lekin sir ap ne kya camal kardiye matlab kuchh doubt hni nahi raha 100% clr, apka charan sparsa karna chahata hnu sir🙏

[@ahmadmalpara6993]

Thank you sir good lecture on A.D.R. G.D.R.and I.D.R.

[@NikhilJobanputra]

Most welcome

[@ravishsayyed8077]

Thanks Sir Amazing knowledgeable lecture it will definitely help me to teach me.

[@siddharthtripathi3818]

Conceptual clarity 👌

[@bhavnarughani4361]

Thank you so much sir, this video made it really easy to understand the concept. I always skipped this topic thinking it to be too difficult to understand. Thank you sir :)

[@NikhilJobanputra]

Thanks Bhavna, Stay tuned to this channel to get more such helpful content.

[@naveenreddy1195]

Sir iam waiting for ur next video. Nice explaination sir now i understood TQ sir

[@NikhilJobanputra]

Thanks Naveen, If you have any specific request on any topic, please let me know.

[@baachibaachichinta4017]

Good explanation

[@manojghimire7905]

You Make everything so simple!

[@debasmitaroy3380]

awesomee sirr too good.thank u soo much

[@akhilaknair2549]

If you can read this....thank sir for providing such a useful vedio...🙏👍✨

[@SwarnThakur8856]

Crystal clear concept 💝

[@rajeshkumarm5610]

Excellent content very impressive thanks

[@Afshanaajith]

Wow ..very very amazing

[@chandradips1109]

Thanks sir... what concept clarity sir I love what you taught.

[@optiwari9603]

🎉 good information. Nice explaining

[@reejasajeev7286]

Sir the video was so precise and clear.Thank You Sir.

[@aiswaryaa5870]

Thank u very much sir for uploading such conceptional videos for free for making my concepts crystal clear.May i tell you that the ease with which you explain some concepts is really hard to find any where else. The thing is real "online learning", because nowadays the online learning apps aren't even free of cost. The youtube classes are very beneficial since we can watch and rewind whenever we want to , especially when exams are near. Once again thankyou so much sir for your precious time that you are using for these videos. Looking forward for your more classes and topics. Financial Management became an interesting subject only because of you. Thankyou once again sir. 🤗😇

[@Auditlearning2101]

Can u pls suggest few other KZbin channels for CA subjects that are best to follow ?

[@jyotsnasharma3266]

Very impressive way of teaching 🌟🌟🌟

[@irfanhasan1515]

Superb sir.. appreciating Ur effort.

[@NikhilJobanputra]

Thanks Irfan

[@karanambhavana8820]

Yours is the Best explaination i ever heard

[@aalia1885]

amazingly explained!!! Thankyou for making this video.

[@kabeeret5437]

What a wonderful class really amazing sir👏👏

[@KA-oi4yf]

AMAZING EXPLANATION SIR 👏THANK YOU SO MUCH👌

[@39vinayak]

Extraordinary, understood at single sight

[@saurabhbhatt863]

Superb.... FOR first time i have understand too much english.....

[@Rightyyyyy4399]

Unbelievable teaching skill💯

[@Divyam2006]

Thanku very much sir... I'm very find hard to understand it but u make it very simple .. thanks alot sir ❤❤

[@laljisahu3872]

Great technique of teaching.

[@neetugaur6905]

Nice video sir and thank you sir

[@melvinnp6282]

Very useful& nice presentation

[@triumphchannelswathi1117]

Sir need explanation on how stock exchange trade cycles work

[@hetvidoshi127]

How does the trading of the ADR take place among US investors and also on the American stock exchanges?

[@jmvcommerceclasses1443]

Amazing wonderful way of teaching

[@unboundedmission9244]

Thank you sir.....you clear the concept of ADR