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Business Advisory

Business Valuation

An independent, defensible valuation for fundraising, ESOP pricing, or regulatory compliance.

Overview

What is Business Valuation?

Business valuation is required in several scenarios — issuing shares to investors, setting ESOP exercise prices, mergers and acquisitions, or regulatory filings under FEMA and Income Tax rules. We conduct valuations using recognised methods (DCF, comparable company analysis, or net asset value) depending on the purpose and applicable regulation.

Our valuation reports are prepared to withstand scrutiny from investors, auditors and regulators alike.

Benefits

Why it's worth getting right

Defensible methodology

Valuations grounded in recognised, regulator-accepted methods.

Purpose-specific reports

Tailored to fundraising, ESOPs, M&A or compliance needs.

Regulatory compliance

Meets FEMA and Income Tax valuation requirements where applicable.

Timely delivery

Reports delivered within the timeline your transaction needs.

Who needs this

Built for

Startups raising funding Companies issuing ESOPs Businesses in M&A discussions Companies with foreign investment
Required documents

What you'll need to share

Financial statements (3 years)
Business plan/projections
Cap table
Details of the valuation purpose
Comparable transactions (if known)
Asset register (for NAV method)
Our process

How we take it from here

  • Purpose & method selection

    We determine the right valuation method for your need.

  • Data collection

    Financials, projections and comparables are gathered.

  • Valuation modelling

    The valuation is computed using the selected methodology.

  • Draft review

    A draft report is shared for your review and queries.

  • Final report issued

    A signed valuation report is delivered.

Timeline

Estimated turnaround

Document review2–3 working days
Preparation & filing4–5 working days
Acknowledgement1–2 working days
Total turnaround 8–10 days
Pricing

Custom quote based on purpose

Pricing varies by valuation method and transaction complexity.

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FAQ

Common questions

This depends on your purpose — DCF is common for fundraising, while NAV or comparable methods suit other scenarios.

Yes, we prepare valuations compliant with FEMA requirements for share issuance/transfer involving foreign investment.

Typically used for the specific transaction it was prepared for; a fresh valuation is recommended for transactions more than a few months apart.
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