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FCGPR · FEMA · FIRMS · Foreign Allotment

FCGPR Filing Services foreign allotment reported within 30 days.

End-to-end FCGPR filing services on the FIRMS portal of the Reserve Bank of India — reporting of allotment of shares and convertible instruments by an Indian company to a person resident outside India under FEMA.

Form FCGPR — formally Foreign Currency Gross Provisional Return — is the FEMA reporting form filed by an Indian company on the FIRMS portal of the Reserve Bank of India to report allotment of equity shares, compulsorily convertible preference shares, compulsorily convertible debentures, or share warrants to a person resident outside India. It is the single most common FDI reporting form encountered by Indian companies receiving foreign capital and is triggered every time a fresh allotment of equity instruments is made to a foreign investor against inward remittance.

The filing timeline is short and strict — 30 days from the date of allotment of shares. The form is filed under the Single Master Form (SMF) framework on the FIRMS portal and requires Entity Master registration, KYC of the remitter, FIRC, board resolution authorising allotment, valuation report supporting the issue price as per FEMA pricing guidelines, and certifications by a Chartered Accountant and a Company Secretary. AD bank approval is required before the form is finalised in RBI records. Lapses in FCGPR filing affect future capital raises, banking onboarding, and tax assessments.

Our FCGPR filing practice handles inbound FDI allotment for startups, mid-market companies, and listed entities. We advise on FEMA entry route, sectoral cap, pricing guidelines, and reporting timelines, undertake Entity Master registration where required, coordinate the valuation report and CA/CS certifications, prepare and file the FCGPR on the FIRMS portal, manage AD bank queries, and archive the approved acknowledgement. Where past allotments are pending reporting, we manage Late Submission Fee payments and compounding applications before RBI.

Our FCGPR Filing Services

01

FDI Eligibility Check

Entry route, sectoral cap, and FEMA eligibility check before allotment to a non-resident.

02

Entity Master Registration

First-time and ongoing Entity Master updation on the FIRMS portal of the Reserve Bank of India.

03

Valuation Report

FEMA-compliant valuation by Chartered Accountant or merchant banker for issue price.

04

Allotment Documentation

Board resolution, return of allotment, share certificate, and SH-7 capital increase filings.

05

FCGPR Drafting

Drafting of Form FCGPR with FIRC, KYC, valuation, CA and CS certificates.

06

FIRMS Portal Filing

Online filing of FCGPR under SMF on the FIRMS portal within the 30-day window.

07

AD Bank Coordination

End-to-end coordination with the authorised dealer bank for KYC, FIRC, and approvals.

08

LSF & Compounding

Late Submission Fee filings and compounding applications before RBI for delayed filings.

Our FCGPR Workflow

1

Entry Route Review

Mapping of investment under automatic or approval route with sectoral cap and conditions.

2

Inward Remittance

Receipt of inward remittance into the Indian company's bank account against FIRC.

3

Allotment

Board allotment within 60 days of remittance and issue of share certificates.

4

FCGPR Filing

Filing of FCGPR on FIRMS portal within 30 days of allotment with all attachments.

5

AD Bank Approval

Response to AD bank queries and archival of approved acknowledgement.

Benefits of Timely FCGPR Filing

Full FEMA compliance on inbound FDI
Avoidance of Late Submission Fee
Protection from compounding action
Clean cap table on FIRMS portal
Smooth next-round fundraising
Faster repatriation of dividends
Diligence-ready FEMA position
Banking comfort with AD bank

Frequently Asked Questions

Form FCGPR (Foreign Currency Gross Provisional Return) is filed by an Indian company on the FIRMS portal to report allotment of shares or convertible instruments to a person resident outside India.

Form FCGPR must be filed within 30 days from the date of allotment of shares or convertible instruments to the foreign investor.

FIRC, KYC of the remitter, board resolution, valuation report, certificate from Chartered Accountant and Company Secretary, and shareholder list.

No. A FEMA-compliant valuation report supporting the issue price of shares is mandatory under FEMA pricing guidelines.

Delay in FCGPR filing attracts Late Submission Fee under FEMA and may trigger compounding proceedings before the Reserve Bank of India.

Just Allotted Shares to a Foreign Investor?

Whether you have closed a seed round, a private placement, or a strategic investment from overseas, talk to our team for accurate FCGPR filing on the FIRMS portal within the 30-day window.

File FCGPR or call +91 9819 000 511