Answer / amit

ADR stands for American Depository receipts which are the
fund collection avenue for th American base companies &
GDR stands for Globle Depository Receipts which may offer
by Any Comapny out side the America.

Answer / mahendra rajput

ADR enunciates for American Depository Receipt, When any
Indian Co. wants to raise fund from U.S.A., it uses this
financial instrument.
And GDR stands for Global Depository Receipt, When company
is required to raise fund from any country (excluding
America), it uses this instrument.
In both the above cases money raises through US dollar.

Answer / rk

Usually GDRs are also denominated in US$. ADRs are issued
for subscription in US and would need to comply with SEC
requiremnets.

GDRs are issued for subscription other than in US. Further,
both ADRs and GDRs cannot be issued for subscription in
India.

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