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In case where overseas company (DIE) is unlisted, how can we calculate the market value of overseas equity investment using OFBV method under 1.b ODI of Section IV?

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..... on Reporting (FLAIR) – Online Web Based Reporting System - As on July 21, 2021 - FEMA - FAQ
FEMA
Ans: For valuation of overseas equity investment OFBV Method should be used, as explained below: .....

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..... low: Item 1.1 Claims on Direct Investment Enterprise = (Item 3.3/ Item 3.2) * (Item 3.5* Item 3.6) /100000 for reference period where, Item 3.2, Item 3.3, Item 3.5 and Item 3.6 are extracted from .....

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