CIRCULAR
SEBI/HO/AFD/AFD-PoD-3/P/CIR/2024/121 September 13, 2024
To,
1. All Foreign Venture Capital Investors
2. All Custodians
Dear Sir / Madam,
Subject: Reporting by Foreign Venture Capital Investors (FVCIs).
1. In accordance with Regulation 13(1) of SEBI (FVCI) Regulations, 2000, FVCIs are required
to submit quarterly reports to SEBI in the format specified with respect to their venture
capital activity as Foreign Venture Capital Investor.
2. The format for the quarterly report on venture capital activity to be submitted by FVCIs is
revised and same is enclosed as Annexure-1.
3. FVCIs shall submit the aforesaid quarterly report irrespective of the fact that any investment
is made or not during the quarter.
4. In accordance with Regulation 14 (2) of FVCI Regulations, 2000, Custodian shall be
responsible for timely submission of the report.
Applicability
5. The report for the quarter ending September 30, 2024 and December 31,2024 shall be
submitted in excel file in the revised format by November 15, 2024 and January 15, 2025
respectively through email at fvci-report@sebi.gov.in.
6. From quarter ending March 31, 2025 onwards, FVCIs shall submit quarterly report in the
revised format on the SEBI intermediary portal (SI Portal). The report shall be submitted
within 15 calendar days from the end of each quarter.
7. This Circular is issued in exercise of the powers conferred under Section 11(1) and Section
11A of the Securities and Exchange Board of India Act, 1992 read with Regulations 13 (1)
SEBI (Foreign Venture Capital Investor) Regulations, 2000 to protect the interest of
investors in securities and to promote the development of, and to regulate the securities
market.
8. This Circular is available at www.sebi.gov.in under the link “Legal --- Circulars”.
Yours faithfully,
Manish Kumar Jha
Deputy General Manager
Tel No.: 022 –26449219
E-mail: manishkj@sebi.gov.in
Encl: Annexure-1
Annexure-1
FVCI Quarterly Reporting Format
A. General Information about the FVCI
Table 1: General Information about the FVCI
Sl. No Particulars Details
1. Name of the FVCI
2. SEBI Registration No
3. Date of grant of SEBI Registration
4. Date of Incorporation/Establishment
5. Country of Incorporation/Establishment
6. Legal Form of FVCI
7. Name of the investment manager / advisor, if
any.
8. Principal place of business
a. Name of the Country
(Yes/No)
b. Whether the securities market regulator is
signatory to IOSCO MMOU (Appendix-A to
signatories) or a signatory to bilateral MoU
with SEBI.
c. If FVCI is a Bank, whether the central bank (Yes/No)
is a member of BIS.
d. Whether the country is listed in FATF public (Yes/No)
statements conveying jurisdictions with
deficiencies
9. PAN of FVCI
10. Address of FVCI
11. Contact Details
a. Name of the Contact Person / Name of the
Compliance Officer
b. Designation
c. Communication address
d. Phone Number
e. Email ID
12. Name of the Custodian
13. Name of the Global Custodian, if any
14. Name of Designated Bank
15. Whether FVCI is regulated by an appropriate
foreign regulator in home jurisdiction (Yes / No)
a. If yes, name of the regulator
b. Name of the category in which it is
registered
16. Whether FVCI is registered with SEBI in any other category. If yes, details are per
table below
Name of the entity Category Registration No. Date of
Registration
17. Details of Directors
Serial No. Name Nationality Address Contact No. Email
address
18. Any instance of violation or non – adherence to securities laws etc (Refer Form A
under FVCI Regulations)
19. Name of Tax consultant for FVCI in India (if applicable)
B. Cumulative details of the funds raised & invested by all schemes under the fund
1. Total Investible Funds (In Rs. Crores)#
# “Investible Funds” means the funds Committed for Investment in India net of expenditure
for administration and management of the fund
2. Brief Investment details of the FVCI in India (Rs. Crore)
Investment details (in Rs. Crore)
In Equity In Debt In AIF/ Total
Venture
Capital
Funds
Listed Unlisted Listed Unlisted
Note: The value shall be put in terms of investment amount / cost of investment.
3. Investment Details (in Rs. Crores)
Name of Duration Cumulative Cumulative investment made by the Total % of
the of Investments made schemes / fund under Regulation 11(c)(ii) of Invest investments
Scheme Scheme by the schemes/fund the FVCI Regulations ment under
/ fund /fund under Regulation (A + B 11(c)(i)
11(c)(i) of FVCI + C + compared
Regulations# D) to total
Investments % of In listed In In Total % of investments
(A) Total companies Debt SPV (B + Total
Invest (B) (C) s (D) C + Investib
ible D) le
Funds Funds
in (A) in (B +
C + D)
# Investment in equity /equity linked instrument of unlisted companies
4. Industry wise investment Breakup (cumulative) (in Rs. Crores)
Sr. Industry Amount invested directly Amount invested through VCFs/AIFs Tot
No al
At the Investm Divest At the At the Investm Divest At the
beginni ent ments end of beginni ent ments end of
ng of during during the ng of during during the
the the the quarter the the the quarter
quarter quarter quarter quarter quarter quarter
(a)
(a) (b) (c) (a+b-c) (b) ( c ) (a+b-c)
1 Biotechnology
2 Information
Technology
3 Nanotechnology
4 Seed Research
and
Development
5 Pharmaceutical
6 Dairy Industry
7 Poultry Industry
8 Production of
Biofuels
9 Infrastructure
Sector.
i. **Transport and
Logistics
ii. ***Energy
iii. Water and
Sanitation#
iv. Communication
##
v. Social/
Commercial
Infrastructure$
10 *NBFC
11 Others
(dropdown as
below)
Total
* NBFC means Core Investment Companies (CICs), Asset Finance Company(AFCs) and
Infrastructure Finance Companies (IFCs) registered with RBI.
**Includes Road/Bridges, Ports, Shipyards, Railways.
***Includes Electricity Generation/Transmission/Distribution, Oil/Gas/LNG storage facility, ESS.
# Includes Solid Waste Management, Water treatment plant, Irrigation, Sewage, Drainage etc.
## Includes Telecommunication and Data Center.
$ Includes Hospitals, Education Institutes, Sport Infrastructure, Tourism Infrastructure, Industrial
Parks/SEZ, Post-harvest storage infrastructure for agriculture/horticulture, Cold chain etc
Other Sectors
1. Services Sector
2. Media/ Entertainment
3. Industrial Products
4. Auto/ Auto Ancillary
5. Banking and financial services (Excluding NBFCs)
6. FMCG/Food and beverages
7. Healthcare
8. Real estate
9. Mining, exploration and refining
10. Packaging
11. Textiles
12. Retail
13. Chemicals/Petrochemicals/Plastic/Rubber
14. Hotel-cum-conventional centres with more than 3,000 seats
15. Soil Testing Laboratories
16. Exhibition-cum-Convention Centre.
Option to add sectors included