Professional Documents
Culture Documents
Presentation
on
ADR & GDR
Submitted To:
Ms. Pooja Gadhavi
Submitted By &
Presented By: Pioneer
Group
Dave Rudresh (10)
Joshi Bhumika(15)
Nayak Akash (29)
What is ADR
Introduction
ADR - American Depository Receipts
Method to raise funds from American Markets.
Receipt.
It is not a different financial instrument, as it
Cont..
Cont..
ADR
GDR
Bajaj Auto
No
Yes
Dr. Reddys
Yes
Yes
HDFC Bank
Yes
Yes
Hindalco
No
Yes
ICICI Bank
Yes
Yes
Infosys Technologies
Yes
Yes
ITC
No
Yes
ADR
GDR
L&T
No
Yes
MTNL
Yes
Yes
Patni Computers
Yes
No
Ranbaxy Laboratories
No
Yes
Tata Motors
Yes
No
No
Yes
VSNL
Yes
Yes
WIPRO
Yes
Yes
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