Skip to content
The Classic Partners LLP · Regulatory Filings

FCGPR Filing Services

Shares allotted to a foreign investor start a 30-day reporting clock — and the allotment itself has a 60-day clock before it.

Quick answer

Form FC-GPR is filed by an Indian company on the RBI's FIRMS portal within 30 days of issuing capital instruments — equity shares, compulsorily convertible preference shares or compulsorily convertible debentures — to a person resident outside India. The filing requires the FIRC and KYC report from the AD bank, a valuation certificate supporting the issue price, and a company secretary's certificate, and the instruments must be allotted within 60 days of receiving the funds.

What we cover

What our FC-GPR service covers

From remittance to acknowledged filing, within both windows.

  • Sectoral eligibility, entry route and cap verification
  • FIRMS Entity User and Business User registration for first-time filers
  • Valuation certificate supporting the issue price
  • Board and shareholder approvals and the list of allottees
  • Company secretary's certificate and declarations
  • Filing FC-GPR within 30 days and tracking to acknowledgement
Key components

What FC-GPR requires

Four documents that gate the filing.

💱

FIRC and KYC

Evidence from the AD bank of the inward remittance and of the identity of the remitter.

📏

Valuation certificate

Fair value supporting the issue price, determined under an internationally accepted pricing methodology.

📜

Corporate approvals

Board resolution, shareholder approval where required, and the list of allottees with the instruments issued.

CS certificate

A company secretary's certificate confirming compliance with the Companies Act and the FDI framework.

How we work

Our process

Two deadlines in sequence.

1

Pre-issue check

Sector, route, cap and instrument type confirmed before the remittance is received.

2

Allotment

Capital instruments allotted within 60 days of receipt of funds, with the corporate approvals in place.

3

Documentation

FIRC, KYC, valuation and certificates assembled for the filing.

4

Filing

FC-GPR filed on FIRMS within 30 days of allotment and tracked to acknowledgement.

Why choose us

Where FC-GPR filings run into trouble

What sets our approach apart.

The 60-day allotment rule bites first

If shares are not allotted within 60 days of receiving the funds, the amount is generally required to be refunded — and no valid FC-GPR can follow.

Only certain instruments qualify

Optionally convertible or redeemable instruments are treated as debt, not equity, and cannot be reported through FC-GPR.

Valuations expire

A valuation used for an allotment months after it was prepared invites questions; the certificate should be current at the time of issue.

FAQs

FCGPR Filing Services questions answered

What people ask before engaging us.

FC-GPR is the return an Indian company files to report the issue of capital instruments to a person resident outside India. It is filed by the company on the RBI's FIRMS portal, and it is what puts a foreign investment on the RBI's record.
Within 30 days of the date of allotment of the capital instruments. Separately, the instruments themselves must be allotted within 60 days of receipt of the consideration.
The FIRC and KYC report from the AD bank, a valuation certificate from a chartered accountant, merchant banker or cost accountant, the board resolution and list of allottees, and a company secretary's certificate, along with the declarations built into the form.
Late filing can generally be regularised by paying a Late Submission Fee, calculated with reference to the amount involved and the period of delay. Where the delay falls outside that route, or the underlying issue itself was non-compliant, a compounding application to the RBI is the remedy.

Allotting shares to a foreign investor?

We will run the valuation and route check before the allotment, so the filing is straightforward.

Scroll to Top