Download This PaperFund Raising Through ADRs by Indian Company - Lion's Share by Sterlite - July, 2009
1 Pages Posted: 30 Jan 2011
Date Written: July 16, 2009
Abstract
The ADR (American Depositary Receipts) issuances by Indian companies, which were once the most favourite and prestigeous mode of fund raising, have been on decline during the recent years.
The aggregate amount rasied by Sterlite Industries through their ADR issuances works out to more than half of the total ADR issuances by Indian companies during the period of 2004 to 2009 YTD in terms of volume, with a 52% market share.
Keywords: India, Indian financial markets, Indian capital markets, ADR, American Depositary Receipts, Sterlite, Indian corporate, dollar
Suggested Citation: Suggested Citation
Thunuguntla, Jagannadham, Fund Raising Through ADRs by Indian Company - Lion's Share by Sterlite - July, 2009 (July 16, 2009). Available at SSRN: https://ssrn.com/abstract=1751466 or http://dx.doi.org/10.2139/ssrn.1751466
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