Securities And Exchange Board Of India
SEBI/IMD/DOF-1/VCF/CIR-1/2010
Dated: January 11, 2010
All SEBI Registered Venture Capital Funds
Dear Sir/ Madam,
Sub: Quarterly Reporting by Venture Capital Funds (VCF)
1. Please refer to SEBI circular No SEBI/MFD/VCF/CIR no 1/7352/03 dated April 29, 2003 regarding submission of quarterly report on venture capital activity in the prescribed format.
2. Format for the quarterly report on venture capital activity to be submitted by Venture Capital Funds has been revised as per enclosed Annexure. In accordance with Regulation 22 of SEBI (Venture Capital Funds) Regulations, 1996, all venture capital funds are directed to submit the report on venture capital activity to SEBI, complete in all respects in the new format with effect from the quarter ended 31st March, 2010.
3. The report is to be uploaded online on SEBI portal within 7 days from the end of each calendar quarter. Physical copies of the report are not required to be submitted.
4. This circular is issued in exercise of powers conferred by sub-section (1) of section 11 and section 1 1A of the Securities and Exchange Board of India Act, 1992, to protect the interests of investors in securities and to promote the development of, and to regulate the securities market.
5. This circular is available on SEBI website at www.sebi.gov.in under the categories “Legal Framework” and “Venture Capital”.
Yours faithfully,
Maninder Cheema
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VCF Quarterly Reporting Format
B Report upto the quarter ended (March/ June/ Sep/ Dec) Year
Cumulative details of the funds raised & invested by all schemes under the fund
Brief details of the Fund/Scheme (All figures in Rs. Crore) |
||||||||
Name
|
Commitment
|
Cumulative funds raised by
|
Cumulative Investments made by the
|
|||||
At the
|
Additions
|
At the end ofthe
|
At the
|
Additions
|
Divestments
|
At the
|
||
| Total | ||||||||
investment in equity/ equity linked instruments of unlisted Companies
| Details of overseas investments, if any | |||||
| Cumulative Investments made by the Scheme Overseas (in USD) | |||||
| Name of the offshore venture |
Limit Sanctioned (in US $) |
Date Sanctioned |
Amount Invested (in US $) (A) |
Date of investment |
% of investible funds in (A) |
| capital undertaking3 |
|||||
| Total3 | |||||
Refer to VCF Regulations for explanation
| Maximum Investment in a single venture capital undertaking | ||||
| Maximum investment in a single venture capital undertaking4 | Name of the VCU | Amount invested (in Rs. Cr) | Amount of investment as a % of total corpus | |
| 4 | ||||
Refer to VCF Regulations for explanation
| Categories of investors | ||||
| Category | Number of investors | % to total investors | Cumulative funds raised by fund (Rs. Crore) |
% to total Cumulative funds raised by scheme/fund |
| Individuals | ||||
| NRIs | ||||
| FIIs | ||||
| FVCIs | ||||
| Corporates/ Institutions/ Others | ||||
| Total | ||||
| Industry-wise investment break-up (All figures in Rs. Crore) | ||||
| Industry | Cumulative investments | |||
| At the beginning of the quarter (a) |
Additions during the quarter (b) |
Divestments during the quarter (c) |
At the end of the quarter (a+b-c) |
|
| Information Technology | ||||
| Telecommunication | ||||
| Pharmaceuticals | ||||
| Biotechnology | ||||
| Media/Entertainment | ||||
| Services Sector | ||||
| Industrial Products | ||||
| Others (dropdown as below) | ||||
| Total | ||||
Other sectors:
1 Auto/ Auto Ancillary
2 Banking and financial services (Excluding NBFCs)
3 NBFC
4 Electrical &Engg./ Outsourced engineering services
5 FMCG/Food and beverages
6 Healthcare
7 Real estate
8 Energy/ Power Plants/ power generation and transmission/Non-conventional energy
9 Roads/Bridges
10 Railways
11 Industrial Parks/SEZ
12 Urban Infrastructure (water supply, sanitation and sewage products)
13 Mining, exploration and refining
14 Shipping and Ports
16 Logistics
15 Education
17 Packaging
18 Textiles
19 Retail
20 Agriculture
21 Chemicals/Petrochemicals/Plastic/Rubber
22 Nanotechnology
23 Seed Research & Development
24 Dairy industry
25 Poultry industry
26 Production of bio fuels
27 Hotel-cum-conventional centers with more than 3,000 seats
28 R&D of new chemical entities in pharma sector
29 Hotels/Travel/ Hospitality (Other than in (27) above)
Option to add sectors included
