Section 247 of the Companies Act, 2013 mandates that all valuations required under Act shall be carried out by Registered Valuers only. Similarly, as per Insolvency and Bankruptcy Code, only Registered Valuers shall be eligible to carry out the valuations. We provide professional, ethical and accuracy based Valuation services for Securities and Financial Assets. We work on prescribed guidelines and models of valuation for reaching to a fair valuation. With our multidisciplinary expertise across various industry segments, we bring clarity to difficult and complex situations and consistently deliver high class solution to our clients.

Our dedicated team of experts assists business enterprises in making well informed business and investment decisions. We have professionals who have carried on valuation for major listed companies, unlisted companies, various distressed companies undergoing CIRP and liquidation.

Valuation conducted by us under:

Valuation under Companies Act, 2013

• Section 62(1) if a company proposes to issue new equity.
• Section 230(2) (c) valuation of shares, property and assets of company under corporate debt restructuring
• Section 230(3) valuation report along with notice of creditors / shareholders meeting under scheme of compromise / amalgamation
• Section 236(2) valuation of equity shares held by minority share holders

Valuation under Income Tax Act, 1961

• Section 56(2) (viib) - Issue of shares at a premium
• Section 50CA - Transfer of shares of unquoted shares
• Section 56(2)(x) - Receipt of shares for inadequate consideration

Valuation under Insolvency and Bankruptcy Code, 2016

• Section 59(3)(b)(ii) of IBC, 2016
• Regulation 3(1)(b)(ii) of Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) Regulations, 2017

Valuation under FEMA Act

FEMA (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2017 is the Act that regulates the transfer of capital instruments/assets by person residing outside India to a person resident in Indian by way of sale and vice-versa. As per these guidelines, the transfer should be done at arm’s length price according to any internationally accepted methodology. 

Valuation under SEBI

• As per Reg. 163(3), when the securities are issued on a preferential basis for  consideration other than cash
• If the shares of an issuer are not frequently traded, as per Reg. 165, the price to be   determined by the issuer must take into account the prescribed valuation parameters and the issuer has to submit a certificate that has to be obtained from an independent valuer.