Company · Structural change
Can an Indian company list shares overseas?
The short answer
An Indian company can list equity shares overseas through the GIFT-IFSC route under the Companies (Listing of Equity Shares in Permissible Jurisdictions) Rules, 2024. The prospectus for listing in a permissible jurisdiction is submitted via LEAP-1. This is a structured regulatory route — not a direct overseas listing outside the permitted framework.
What gets filed with MCA
Prospectus submission for listing equity in permissible jurisdictions (GIFT-IFSC route)
Companies (Listing of Equity Shares in Permissible Jurisdictions) Rules, 2024
The sequence
- 1Confirm the target jurisdiction is a permissible jurisdiction under the 2024 Rules
- 2Prepare the prospectus for the overseas equity listing via the GIFT-IFSC route
- 3Submit the prospectus through LEAP-1
- 4Complete any additional approvals and disclosures required under the Companies (Listing of Equity Shares in Permissible Jurisdictions) Rules, 2024
Do it with us — or check it yourself first
Questions founders actually ask
Can we list directly on a foreign stock exchange?
The permitted route under the Companies (Listing of Equity Shares in Permissible Jurisdictions) Rules, 2024 is listing equity shares in permissible jurisdictions through the GIFT-IFSC framework. LEAP-1 is the prospectus submission form for this route.
What form do we file for an overseas listing?
File LEAP-1 — prospectus submission for listing equity in permissible jurisdictions via the GIFT-IFSC route, under the Companies (Listing of Equity Shares in Permissible Jurisdictions) Rules, 2024.
Which rules govern overseas equity listing for Indian companies?
The Companies (Listing of Equity Shares in Permissible Jurisdictions) Rules, 2024 govern this route. The prospectus is submitted through LEAP-1 for listing in a permissible jurisdiction.
Last verified 2026-08-24 against MCA V3 records and ICSI reference material. Form-level deadlines and penalties live on the linked form pages and update there.