Our Offerings

Business Valuation is an art of finding the real worth of an enterprise supported with reasons, logics and empirical methods to quantify its economic value based on the present status as well the future prospects of a company. In business valuation the real challenge is to incorporate every aspect of information which may affect the value of the company. The business valuers main role is to understand the environment – economic, industrial, culture and its internal resources and intellectual capital in order to find the Fair value of the company.In business valuation different methodologies are employed for finding the fair value , however how much weight to assign to which methodology depends on the rational judgement of a valuer. Our expert team with intensive experience will help you in quantifying the real worth of your business.

We can assist our clients in unlocking embedded value of business after analyzing the business of the company from different angles and supporting our valuation through empirical values, case studies and business acumenship.

Specifically we can

• Assist in development of an acquisition strategy
• Identify and vet target companies
• Develop strategic rationale for transaction
• Help with regulatory advice
• Help with cross-cultural negotiations

Discounted cash flow methodology is a good financial modeling tool to quantify the value of the company on the basis of free cashflows that the company will generate in future. However it's a very sensitive model and the value is entirely driven by assumptions made in respect of Risk free rate, the Beta factor, market rate of return, company projections etc, so it is necessary to validate the projections of the company before applying this model and is always necessary to do a sanity check before adopting the value as per this method. We will assist our clients in discovering the value of the company as per this method of Earning approach after validating the financial projections and applying the logical assumptions.

Merger valuation is undertaken for companies which are looking to Amalgamate with each other for inorganic growth and business consolidation. The major task is to judge the comparative fair value of the Transferee and the Transferor companies and to find the swap ratio i.e. How many number of shares should be issued by the Transferee company to the Transferor company in exchange of one share of the acquirer company.

There are number of court cases judgement and observations of stock exchanges/ SEBI/ which need to be kept in mind before finalizing the swap ratio.

We can assist you in unlocking the best value be it a Group merger or otherwise.

In case of M&A, focus is on Comparative Valuation of Companies thus apart from general valuation principles, legal impact, promoters shareholding etcalso needs evaluation. We as a SEBI registered merchant banker can provide Fairness Opinion for any set of Business Valuations.

We provide full-package professional valuation services to our clients regarding their ESOP structuring, and providing independent valuation for arriving at the fair market value of the ESOPs issued by the company to their employees, for Accounting andTaxation purposes. We have a dedicated website Esoponline.in which you can refer for service offerings we provide in the domain of Esop.

This is generally used for valuing the perquisites given to employees and for gift tax purposes. We through this valuation technique guide families through the Intricacies of business security valuation.

- Based on the law laid down by RBI, all unlisted Companies inviding FDI need to undertake Valuation specifically through DFCF  Methodology.
- However for Overseas direct investment  ( outward FDI) the valuer is at liberty to choose the Valuation methodology based on facts of the case.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured, which are created through time and/or effort and that are identifiable as a separate asset. There are two primary forms of intangibles - legal intangibles (such as trade secrets (e.g., customer lists), copyrights, patents, and trademarks) and competitive intangibles (such as knowledge activities (know-how, knowledge), collaboration activities, leverage activities, and structural activities. We can assist our clients in doing the Intangible valuation of the following-

• Brand valuation
• Human Resources Valuation
• Intellectual property valuation
• Valuation of customer contracts
• Asset valuation for purchase price allocation for accounting for business combinations (US GAAP/IFRS/Indian Income Tax)

By our understanding of the Varied Industries and Business Models as part of Valuation Assignment, we can assist you in building your financial models. Alternatively, we can also Validate\review yours financial model already in place.