Services Details

Overview of Valuation Services

Our valuation practice delivers independent, well-reasoned, and compliant valuation reports that support strategic decisions, regulatory filings, investor communication, financial reporting, and corporate transactions. With extensive experience across industries and capital structures, we provide valuations that are transparent, defensible, and aligned with applicable laws, accounting standards, and global best practices. Each engagement is conducted with analytical rigor, professional integrity, and strict adherence to valuation standards.

Scope of Valuation Services

We provide a comprehensive range of valuation services across business entities, financial instruments, intangible assets, and transaction-driven scenarios. Our expertise covers:

• Business and equity valuation

• ESOP & 409A valuation

• Valuation of preference shares, debentures, convertible instruments

• Intangible asset valuation such as brands, IP, software, customer relationships

• Regulatory valuations under multiple Indian laws

• Valuations for mergers, amalgamations, and restructuring

• Fairness opinions and PPA (Purchase Price Allocation)

• Valuation support for PE/VC fundraising and strategic transactions

Each valuation is tailored to the unique context of the company, industry, transaction, and regulatory environment.

Regulatory & Compliance Valuations

We specialise in valuations mandated by various statutory frameworks in India. This includes:

• Valuation under the Companies Act for mergers, amalgamations, buy-back, rights issue, private placement, and preferential allotment

• Valuation under the Income Tax Act, including Section 56(2)(x), Rule 11UA and Rule 11UAA

• FEMA-compliant share valuations for inbound and outbound investments

• Valuations required under SEBI (ICDR/LODR) for listed companies

• IBC-related valuations, including valuation of distressed businesses for CIRP and liquidation

All reports are prepared in compliance with applicable rules, ensuring documentation, methodology, and disclosures meet regulatory expectations.

Valuation for Transactions & Strategic Decisions

We support a variety of corporate and financial transactions through detailed, analytical, and commercially sound valuation studies. These include:

• Business and equity valuation for M&A

• Determination of swap ratios for mergers and amalgamations

• Fairness opinions for corporate restructuring

• Valuations for fundraising, private equity, venture capital, and secondary transactions

• PPA (Purchase Price Allocation) and goodwill computation

Our approach ensures that valuation conclusions reflect economic reality, industry trends, future cash flows, and risk assessment.

Valuation of ESOPs, Intangibles & Financial Instruments

We offer specialised valuation services for complex and high-judgment areas such as:

• ESOP valuations under Ind AS 102 and global 409A standards

• Intangible asset valuations, including:

  • trademarks and brands

  • patents, copyrights, and IP

  • internally developed software

  • customer relationships and databases

• Financial instrument valuations following internationally accepted methods such as option pricing models, DCF, and market approaches

These valuations support accounting, regulatory filing, financial reporting, and strategic planning.

Our Valuation Methodology

We follow globally accepted valuation approaches based on the nature of the asset and the purpose of valuation:

• Income Approach (Discounted Cash Flow, Excess Earnings Method)

• Market Approach (Comparable Companies, Comparable Transactions)

• Cost Approach (Replacement Cost, Reproduction Cost)

• Specialised Models for hybrid securities and optionality

Every valuation includes sensitivity analysis, detailed assumptions, and transparent documentation to ensure defensibility.

Experience & Expertise

With more than 250 valuation assignments, our experience spans early-stage startups to large corporates, domestic and cross-border transactions, and businesses across manufacturing, services, technology, retail, real estate, and financial services. Our work is relied upon by companies, investors, law firms, financial institutions, and insolvency professionals for decision-making and compliance.