§ 01 — Sounds Familiar?
The valuation is never the project. It is the thing blocking the project.
A cross-border share transfer is agreed and the remittance is waiting on a valuation certificate the bank's AD will accept. An acquisition has closed and the auditors want the purchase price allocated across intangibles before the accounts are signed. It is March, goodwill is sitting on the balance sheet, and the impairment test is on the audit-close checklist with your name against it.
You have probably also seen what a weak valuation costs. A report that does not cite the right rule gets a query from the authorised dealer or the assessing officer. A PPA with thin support for the intangible values gets picked apart in audit review — and every round of auditor comments pushes the close out another week. The penalty for getting a FEMA pricing guideline wrong, or the tax exposure from an under-supported transfer value, lands on the company. The delay lands on you.
The frustration is rarely the fee. It is buying a report that reads like a template, answers a slightly different question than the one your auditor is asking, and leaves you brokering three rounds of comments between a valuer who has moved on and an audit partner who has not.
§ 02 — What We Do For You
Regulatory fluency, built into the report
We are a pure-play valuation practice — no audit arm, no competing service lines — so independence is structural, not asserted. Every mandate is scoped against the specific rulebook your reviewer will apply: FEMA and RBI pricing guidelines, Ind AS, the Companies Act and the Income Tax Act. The report cites its regulatory basis, documents every material assumption, and anticipates the questions auditors and authorities actually ask. That is what first-pass acceptance looks like in practice.
- FEMA valuation — pricing-compliant certificates for inbound and outbound share issues and transfers, aligned to RBI guidelines and ready for your AD bank and Form FC-GPR / FC-TRS filings.
- Purchase price allocation — Ind AS 103 allocation of consideration across identifiable intangibles and goodwill, with support your audit firm's valuation specialists can trace.
- Impairment testing — Ind AS 36 recoverable-amount testing for goodwill and CGUs, timed to your audit calendar, with assumptions benchmarked so the headroom conclusion holds.
- Business valuation — for restructuring, mergers, demergers, slump sales, buy-backs and shareholder changes, triangulated across income, market and cost approaches.
Every report includes a one-page plain-English value narrative — the version you can put in front of the board or the promoter without translation — and a post-delivery advisory note flagging anything the numbers surfaced that you should know about.
§ 03 — How The Engagement Runs
Scoped to your deadline, priced before you commit
The process is Scope → Analyse → Triangulate → Deliver & Defend. For a CFO, that translates as follows:
- Scope — a short call to pin down the purpose, the applicable regulation and the reviewer. You get a written scope, a fixed fee and a committed timeline. If the filing deadline is tight, we say so now, not in week three.
- Analyse & Triangulate — we work from your actual financials against a precise information checklist, and cross-check the conclusion rather than leaning on a single model. An indicative range typically reaches you within 5–7 business days for standard mandates.
- Deliver & Defend — the full signed report follows within 10–15 business days, prepared under IVS, ICAI Valuation Standards and IBBI RVO norms. The senior valuer who signed it answers auditor and authority questions directly — you do not play intermediary.
Commercials are fixed-fee and scope-bound. No hourly meters, no surprises at close — if the scope genuinely changes, we re-quote before proceeding.
§ 04 — FAQ
What finance teams ask us first
Will your report be accepted by our statutory auditors?
That is the design goal of every engagement. Reports follow IVS and ICAI Valuation Standards, state their regulatory basis, and document the assumptions reviewers actually challenge. Where your audit firm has its own valuation specialists, we build workings they can trace end to end — and the signing valuer responds to their review questions directly.
We have an RBI filing deadline. How fast can you move?
For standard mandates, an indicative range within 5–7 business days and a full signed report within 10–15. If your FC-GPR or FC-TRS timeline is tighter, tell us at scoping — we commit to a timeline in writing before you engage, and only take the mandate if we can meet it.
Are you registered to issue the valuations our filings require?
Yes. Engagements are led and signed by a Chartered Accountant who is an IBBI Registered Valuer for the Securities or Financial Assets class under section 247 of the Companies Act 2013. At scoping we confirm exactly which signature and format your specific filing calls for.
Can one engagement cover both the FEMA and income-tax requirements for a share transfer?
Often, yes — the pricing guidelines under FEMA and the fair-value rules under the Income Tax Act apply different tests to the same transaction, and a transfer priced for one can create exposure under the other. We scope both requirements together so the two positions are consistent and each filing gets the report format it needs.
What will you need from our finance team?
Typically 3–5 years of financial statements, current-year management accounts, projections where they exist, the cap table and the transaction documents. We issue a precise checklist at scoping and work around your close calendar — the aim is one organised information request, not a drip of follow-ups.