Online Process for FVCI Applications

Sep 21, 2010

1.     Online Process for Fresh Registrations

  1. A Log-in ID and Password will be generated on receipt of a fresh application for registration as a Foreign Venture Capital Investor.

  2. The URL of the SEBI portal, the Log-in ID and Password will be e-mailed to one of the directors of applicant.

  3. On receipt of the Log-in ID and Password the applicant’s director should fill up all the details by clicking “Fresh Registration” under the tab “Foreign Venture Capital Investor” given on the SEBI portal.

  4. All instructions on how to fill the details under every tab should be read before filling the online form. The same can be accessed by clicking the “Blue Question Mark” on the top right hand corner of every page.

  5. The details filled under every tab should be saved by clicking on the “Saved Draft” button as soon as a particular tab is completely filled up.

  6. Once all the details are filled up, the applicant should submit the online application form by clicking the “Final Submit” button.

  7. After SEBI approval, the applicant will be required to fill the fee details. The same will be sent through a mail which can be accessed by clicking the link “My Worklist” on the home page of SEBI portal.

  8. Inside the mail, there will be a link “Enter Fee Details” through which the applicant has to enter the fee details and save it.

  9. Once the details relating to fees are entered and saved, it must be adjusted against the outstanding amount as per the instructions given in the “blue question mark” on the top right hand corner of the page.

  10. Once the fees are adjusted, the fee details must be saved and then submitted, by clicking the “Submit” button in the e-mail, to SEBI for final approval.

2.  Online Process for Updation of Information

  1. There can be any change in information that a registered FVCI can undergo during its operations.

  2. Apart from sending the physical copy of such changes in information to SEBI, the same should be updated on the SEBI portal.

  3. It can be done by clicking “Updation of Registration” under the tab “Foreign Venture Capital Investor” given on the SEBI portal.

  4. All instructions to fill the details under every tab can be accessed by clicking the “Blue Question Mark” on the top right hand corner of every page

  5. The details changed under every tab should be saved by clicking on the “Saved Draft” button.

  6. Once the changed details are updated, the applicant should submit the updated form by clicking the “Final Submit” button.

  7. On receipt of the updation form, the online updation shall be approved by SEBI.

  8. A mail will be sent to the applicant intimating SEBI approval.

  9. The applicant can see SEBI approval by clicking the link “My Worklist”.