Valuation

In today’s scenario, valuation is required to be obtained under various statutes and to cater to the different requirements of the corporates. We offer independent and objective valuation services to meet client specific needs. We offer following valuation services:

    • Business/Enterprise Valuation – We conduct independent valuation of Business and/or Enterprise using internationally acceptable valuation methods, including but not limited to Discounted Cash Flow (DCF), Comparable transactions method, Multiples method, Market valuation etc.
    • Valuation of Shares, Convertible and Non-Convertible Instruments – As a SEBI Registered Merchant Banker, we can act as Registered Valuer for determining valuation of various instruments like Equity Shares, Compulsorily Convertible Preference Shares, Redeemable Preference Shares, Compulsorily Convertible Debentures, Non-Convertible Debentures etc.
    • Valuations required under Circulars issued by Reserve Bank of India – As per the Master Circulars issued by the Reserve Bank of India from time to time, valuation from a Category-I Merchant Banker is required whenever Foreign Direct Investment is made in India and also when Overseas Direct Investment is made.
    • Valuations under the Income Tax Act – Valuation of Shares is required to determine the tax liability under Section 56 of the Income Tax Act, 1961, read with Rule 11UA of the Income Tax Rules, 1962.
    • Valuation of Employees Share Based Program – In terms of Rule 3(8)(iii) of the Income Tax Rules, 1962, Fair Market Valuation of Shares is required to be obtained from a Merchant Banker for the Shares issued pursuant to Employee Stock Option Scheme (ESOS), Employee Stock Option Plan (ESOP), Restricted Stock Units (RSUs), Deferred Stock Units (DSUs) etc., in order to determine tax liability of the Employee.
    • Valuation required as per Accounting Standards – As per Accounting Standards, valuation of the options is required to be computed for determining Intrinsic Value of the Shares. The valuation of the option is required to be conducted using Black Scholes Method or Binomial Method.
    • Internal Evaluations – We offer independent advice to boards of directors to help them determine the right price to pay or accept for a business. We help evaluate shareholder value for stakeholders.