Indian Depository Receipt
Also written IDR · Indian Depository Receipt (IDR)
A rupee-denominated receipt issued by a domestic depository representing underlying shares of a company listed on a foreign exchange — requiring home country listing for at least three preceding years, an issue size of…
This one is not written up yet
The definition above is the short version. A full explanation — how it works, a worked example and the exam traps — is still being written. In the meantime the chapter below covers it in context.
Written up from the same chapter
- Call moneyUncollateralised overnight lending and borrowing of funds between scheduled commercial banks and primary dealers — the shortest segment of the Indian money market.
- Rights issueAn offer of new shares at a set price to existing shareholders in a fixed ratio to what they already hold, so that their proportionate stake is not diluted when the company raises fresh capital.
Where this is taught
Free preparation for NISM Series IX← All terms