What Is Form FC-GPR?
When an Indian company issues equity shares or other eligible capital instruments to a person resident outside India, it must report the issue to the Reserve Bank of India in Form FC-GPR within 30 days of allotment.
The form is filed on the RBI’s FIRMS portal and verified by the company’s Authorised Dealer bank. Shares must be allotted within 60 days of receiving the money, and the issue price must follow FEMA pricing guidelines backed by a valuation report.
Your FDI allotment reported on time
- FIRMS registration
- Valuation and CS certificate
- Bank queries handled
Who Files Form FC-GPR?
- Companies receiving FDI from foreign investors
- Indian subsidiaries issuing shares to a foreign parent
- Startups raising money from foreign VCs or angels
- Companies converting foreign loans or notes into shares
Benefits
Avoid penalties
Timely filing avoids late submission fees and compounding.
RBI record of FDI
The investment is recorded with the RBI.
Smooth exits later
Needed for later transfers and repatriation.
Investor confidence
A clean FEMA trail for due diligence.
Documents Required
- FIRC and KYC of the foreign investor from the bank
- Valuation report as per FEMA pricing guidelines
- Board resolution and allotment details (PAS-3)
- Company Secretary certificate in the prescribed format
- Memorandum and articles of association
- Declaration by the authorised signatory
FC-GPR Filing Process
Entity registration
We register the company on the FIRMS portal if not done.
Funds and allotment
Money received and shares allotted within 60 days.
Documents
Valuation report, CS certificate and KYC prepared.
Filing
Form FC-GPR filed within 30 days of allotment.
AD bank review
Queries answered until the form is approved.
Common Mistakes to Avoid
- Allotting after 60 days – Funds not allotted within 60 days must be refunded within 15 days.
- Missing the 30 days – Late filing needs a late submission fee or compounding.
- No valuation – Shares cannot be issued below the fair value under FEMA rules.
- Sectoral limits ignored – Check FDI caps and the approval route for your sector.
- MCA and RBI mismatch – PAS-3 details must match the FC-GPR.
After Filing
PAS-3 with the ROC
File the return of allotment with the ROC within its time limit.
Share certificates
Issue share certificates or credit shares in demat form.
FLA return
File the annual return on foreign liabilities and assets by 15 July.
Future transfers
Report share transfers in Form FC-TRS.
Why Choose Vaidam Consultancy for FC-GPR Filing
FEMA experts
We handle RBI FIRMS filings and the supporting documents.
Clear quote upfront
You receive our fee and all charges before we begin.
On-time reporting
Filed within the RBI time limit to avoid late submission fees.
Bank coordination
We work with your AD bank until the form is approved.
Frequently Asked Questions
Within 30 days from the date of allotment of the shares.
Within 60 days of receiving the money; otherwise it must be refunded within 15 days.
Yes. The issue price must follow FEMA pricing guidelines, backed by a valuation as required.
On the RBI’s FIRMS portal, verified by your AD Category-I bank.
A late submission fee is payable, or the delay may need compounding with the RBI.