IBBI Registered Valuers Chartered Accountants Mumbai · India

A valuation is an argument.
We make it defensible.

Independent valuations, transaction structuring and CFO advisory for founders, investors, boards and insolvency professionals — under Companies Act, Income Tax, FEMA, Ind AS and IBC.

100+Valuations Delivered
14+Years of Experience
6Regulatory Frameworks
0Numbers Rounded Off

Three disciplines.
One defensible number.

Valuation tells you what it's worth. Structuring decides how the transaction should happen. CFO advisory keeps the numbers honest afterward. We do all three — so they never contradict each other.

01 — Valuations

Valuations that hold up under cross-examination.

Registered Valuer reports, fair value measurement and quantitative modelling — from DCF to Option Pricing Method waterfalls and Monte Carlo simulation of structured instruments. Written for the reviewer: the auditor, the AO, the NCLT, the investor's diligence team.

Valuation Practice
Companies Act · Sec 247Rule 11UA NAVFEMA / DCFIBC Liquidation & Fair ValueInd AS 109 / 113OPM · Black-ScholesMarket Linked DebenturesMonte CarloSwap RatiosESOP & Sweat EquityPurchase Price Allocation
02 — Structuring & Financial Advisory

Structuring that begins with the number, not after it.

Investor entries and exits, convertible instrument design, schemes of merger and amalgamation, ESOP architecture and FEMA-compliant cross-border pricing. Every route modelled before you commit — and every deliverable coordinated to tell one consistent story.

Structuring Practice
Investor Exit RoutesCCPS / CCD DesignLiquidation Preference WaterfallsShare Exchange RatiosSchemes of AmalgamationFDI / ODI PricingESOP PoolsBuy-backs & Capital ReductionDeal One-Pagers
03 — CFO Services

Financial leadership without the full-time overhead.

Outsourced CFO discipline for growing companies — management reporting that boards actually read, investor-ready MIS, cash and compliance control, and a finance function that scales with the business instead of lagging it.

CFO Practice
Virtual CFOBoard & Investor MISBudgeting & ForecastingCash Flow ControlFundraise ReadinessUnit EconomicsCompliance CalendarFinance Team Setup

When the mandate goes further.

See how value actually flows.

A funded company is rarely worth one price per share. Drag the exit value and watch a real preference stack allocate proceeds — the same waterfall logic we price with the Option Pricing Method in our reports.

₹100.00 Cr
Series A CCPS₹40 Cr in · 1x non-part · 25% as-conv
₹0.00 Cr 
Seed CCPS₹12 Cr in · 1x non-part · 15% as-conv
₹0.00 Cr 
Founders & ESOP60% fully diluted · no preference
₹0.00 Cr 

Illustrative cap table. Each CCPS class takes the higher of its 1x liquidation preference or its as-converted equity share — the conversion flips you see above are the breakpoints from Fig. 01, priced using Black-Scholes in our valuation reports.

The discipline behind the number.

A.

Every figure traces to an input

Formula-driven models with nothing hardcoded. If a reviewer questions any number in the report, we can walk it back to its source in seconds.

B.

One model, every share class

Preference and equity classes priced from a single allocation model — never negotiated independently and reconciled later.

C.

Written for the reviewer

Reports drafted for the person who will challenge them — the auditor, the assessing officer, the NCLT, the investor's counsel.

D.

Structure and number, together

Because our structuring sits inside a valuation practice, the transaction design and its supporting reports can never contradict each other.

From the desk.

Put a defensible number on it.

Valuation, structuring or the finance function itself — talk to us before the term sheet is signed.

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