What is GDR?

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What is GDR?..

Answer / himanshu

GDR means
G-Global
D-Depositary
R-Receipt

Is This Answer Correct ?    5 Yes 0 No

What is GDR?..

Answer / elisha

global depositary reciepts. ADR,IDR.american depositary
reciepts,indian depositary reciepts.basically i am telugu
medium student,iam not perfectly expain.

Is This Answer Correct ?    4 Yes 1 No

What is GDR?..

Answer / gayathri

G D R
1. A bank certificate issued in more than one country for
shares in a foreign company. The shares are held by a
foreign branch of an international bank. The shares trade
as domestic shares, but are offered for sale globally
through the various bank branches.

2. A financial instrument used by private markets to raise
capital denominated in either U.S. dollars or euros

Is This Answer Correct ?    8 Yes 6 No

What is GDR?..

Answer / praveen

Global Depository Receipt (GDR) - certificate issued by
international bank, which can be subject of worldwide
circulation on capital markets. GDR's are emitted by banks,
which purchase shares of foreign companies and deposit it
on the accounts. Global Depository Receipt facilitates
trade of shares, especially those from emerging markets.
Prices of GDR's are often close to values of realted
shares. Very similar to GDR's are ADR's. GDR's are also
spelled as Global Depositary Receipt.

Is This Answer Correct ?    6 Yes 4 No

What is GDR?..

Answer / padmaja

Global Depository Receipt (GDR) - certificate issued by
international bank, which can be subject of worldwide
circulation on capital markets

Is This Answer Correct ?    3 Yes 1 No

What is GDR?..

Answer / oviya

global depositary receipts

the local currency shares of the company are delivered to
the depository banks. the depository banks issue depository
receipts against these shares. such depository receipts are
denominated in US dollars are known GDR..................

Is This Answer Correct ?    2 Yes 0 No

What is GDR?..

Answer / vivek ambastha

A Global Depository Receipt or Global Depositary Receipt
(GDR) is a certificate issued by a depository bank, which
purchases shares of foreign companies and deposits it on the
account. GDRs represent ownership of an underlying number of
shares.

Global Depository Receipts facilitate trade of shares, and
are commonly used to invest in companies from developing or
emerging markets.

Prices of GDRs are often close to values of related shares,
but they are traded & settled independently of the
underlying share. mml;l Several international banks issue
GDRs, such as JPMorgan Chase, Citigroup, Deutsche Bank, Bank
of New York. GDRs are often listed in the Luxembourg Stock
Exchange and in the London Stock Exchange, where they are
traded on the International Order Book (IOB). Normally 1 GDR
= 10 Shares, but not always.

Is This Answer Correct ?    7 Yes 6 No

What is GDR?..

Answer / preeti k

Global Depository Receipt means any instrument in the form
of a depository receipt or certificate created by the
overseas depository bank outside India and issued to non-
resident investors against the issue of ordinary shares or
Foreign Currency Convertible Bonds of issuing company.

Among the Indian Companies, Reliance Industries Ltd. was
the first company to raise funds through a GDR issue.

Samsung Electronics of Korea was the first developing
country firm to tap into the GDR market.

Is This Answer Correct ?    5 Yes 5 No

What is GDR?..

Answer / dj damn dharm

global depository receipt is an instrument in the form of
depository recipts or a negotiable certificate created by
overseas depository bank outside india and issued to
foreign investors against the issue of equity share

Is This Answer Correct ?    0 Yes 0 No

What is GDR?..

Answer / priya

It refers to Global Depository Receipt.

Is This Answer Correct ?    0 Yes 0 No

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