Valuation Services
Registered valuer reports for equity allotment, ESOP pricing, mergers, goodwill, buybacks and FEMA compliance — credible, defensible valuations delivered on time.
Get a credible registered valuer report
Tell us the purpose of valuation. We deliver a registered valuer report that meets Companies Act and FEMA requirements.
Talk to a CS →A complete valuation services package
Equity Allotment Valuation
Registered valuer report for preferential allotment — mandatory under Rule 13 of Companies Act Rules.
ESOP Valuation
Fair market value of shares for ESOP grant pricing — required under Income Tax and Companies Act.
M&A and Merger Valuation
Business valuation for mergers, acquisitions, slump sales and business transfer transactions.
FEMA Valuation
FEMA-compliant valuation for inbound FDI, outbound investment and ECB conversions.
Buyback Valuation
Share buyback price determination compliant with Section 68 of the Companies Act.
Goodwill and Brand Valuation
Intangible asset valuation for financial reporting, litigation and transaction purposes.
When a valuation report is mandatory
Preferential Allotment
Shares allotted on a preferential basis must be at a price not less than the registered valuer's valuation.
ESOP Grant Price
ESOP options must be granted at or above fair market value — registered valuer report required for unlisted companies.
FDI into India
FEMA pricing guidelines require a valuer's report for inbound FDI to determine the minimum issue price.
Overseas Investment
Indian company making overseas direct investment requires valuation of the foreign entity.
Mergers under NCLT
NCLT-sanctioned mergers and demergers require an independent registered valuer's fairness opinion.
Buyback of Shares
The buyback price must be determined by a registered valuer — cannot exceed the maximum permissible buyback price.
A valuation report from an unregistered valuer has no legal standing. All valuations under the Companies Act 2013, FEMA and Income Tax Act must be from a valuer registered with IBBI under their respective asset class.
Common issues in business valuation
Simple steps, no surprises
Purpose and method determined
Valuation purpose identified — preferential allotment, ESOP, FEMA or M&A — method selected.
Data collected
Financials, business plan, comparable transactions and market data compiled.
Valuation computed
DCF, comparable company, net asset value or income approach applied as appropriate.
Registered valuer report issued
IBBI-registered valuer signs and issues the report — valid for statutory and FEMA purposes.
Other services you may need
Frequently asked questions
A registered valuer report is mandatory under the Companies Act 2013 for preferential allotment of shares, ESOP pricing, buyback, mergers under NCLT, and transactions involving property, plant and equipment. Under FEMA, it is required for inbound FDI and outbound direct investment.
A registered valuer is an individual registered with the Insolvency and Bankruptcy Board of India (IBBI) under the Companies (Registered Valuers and Valuation) Rules 2017. They are registered for specific asset classes — securities, land and building, or plant and machinery.
Common valuation methods include Discounted Cash Flow (DCF) for established businesses, Comparable Company Method (CCM) for benchmarking, Net Asset Value (NAV) for asset-heavy businesses, and the Income Approach. The method depends on the stage, sector and purpose of valuation.
A valuation report is typically valid for 6 months for the specific purpose it was issued. For FEMA transactions, the pricing must be based on a valuation not older than 6 months on the date of allotment.
For most mandatory valuations under the Companies Act 2013 and FEMA, only a report from an IBBI-registered valuer is valid. A CA report (without IBBI registration) is not sufficient for preferential allotment, buyback or NCLT proceedings.
Ready to get a registered valuer report?
We deliver IBBI-registered valuer reports for equity allotment, ESOP, FEMA and M&A — on time and legally valid.