Indian ADRs

Foreign companies list ADRs to increase their visibility in international markets, attract more investors, and gain wider analyst coverage. Issuing ADRs can also help them raise capital more easily in global markets when listed in the U.S.
 

Several major Indian companies issue ADRs, including Infosys, Wipro, and ICICI Bank. These ADRs are traded on prominent U.S. exchanges, providing global exposure and access to a broad range of investors.
 

The ratio of ADRs to underlying shares can vary. For example, one ADR may represent one share, multiple shares, or a fraction of a share in the Indian company, depending on the specific ADR program set up by the issuing bank.
 

ADRs are dollar-denominated certificates that trade on U.S. exchanges and mirror the value of a foreign company's shares. However, owning an ADR does not give you the same ownership rights as holding the company's common stock.
 

ADRs allow U.S. investors to diversify their portfolios with Indian stocks without dealing with currency conversions or navigating foreign regulations. Additionally, ADRs provide the ease of trading on U.S. exchanges with standard U.S. tax regulations.