Last updated: 14 Oct 2026

Virtual Auditor

Business Valuation in Indore

Last updated: 14 Oct 2026

Quick answer: Virtual Auditor provides business valuation services for businesses in Indore, Madhya Pradesh — remotely, with meetings by video or at our Mumbai office, about 604 km away. Company filings for Indore are made with ROC Gwalior. Starts from ₹35,000 + 18% GST professional fees (no government fee applies); Standard turnaround is 7–10 working days.

Indore — the local picture for business valuation services

Indore is Madhya Pradesh's commercial capital — pharmaceuticals, textiles, IT at Crystal IT Park and the Pithampur auto and engineering belt — and the state's trading and professional-services centre. NCLT Indore and ITAT Indore sit here; company filings go to ROC Gwalior and writs to the Indore bench of the Madhya Pradesh High Court. For business valuation services this means the company’s filings go to ROC Gwalior and tribunal matters to NCLT Indore; where a non-resident invests, the price is also checked against the FEMA pricing rules.

What is business valuation services? IBBI-compliant business valuation using DCF, market approach, NAV. For M&A, fundraising, tax compliance, FEMA, IBC.

Business Valuation Services is a professional service offered by Virtual Auditor, an AI-powered CA and IBBI Registered Valuer firm (IBBI/RV/03/2019/12333) led by CA V. Viswanathan (FCA, ACS, CFE, IBBI RV), serving clients in Indore, Madhya Pradesh since 2012.

Business Valuation Services in Indore

Virtual Auditor provides business valuation services in Indore, Madhya Pradesh. Commercial capital of Madhya Pradesh.

ROC jurisdiction: ROC Gwalior.

Full service details, methodology and statutory references: https://virtualauditor.in/business-valuation

Indore Compliance Information

ROC OfficeROC Gwalior
CityIndore
StateMadhya Pradesh

Indicative Fee Structure

ServiceFee
Business ValuationStarts from ₹35,000 + 18% GST
ConsultationComplimentary 30 minutes

*Prices are indicative. Actual fees depend on complexity and regulatory requirements. Contact us for a detailed quote.

Engagement terms — reviewed 25 October 2026

  • Fee: From ₹35,000 + 18% GST per report. No government fee applies to a valuation report.
  • Extra / not included: A revised report after a change in the valuation date, the instrument terms or the purpose is a fresh engagement.
  • Turnaround: 7 working days from receipt of complete information and the advance payment.
  • Who signs: The report is signed by V. Viswanathan, IBBI Registered Valuer (IBBI/RV/03/2019/12333).
  • Entity: Engagement letter and invoice are issued by V Viswanathan & Associates (proprietor V. Viswanathan, IBBI Registered Valuer, IBBI/RV/03/2019/12333); the Registered Valuer is appointed and signs in his personal capacity, not through a company.
  • What to send first: Send latest audited financial statements, current cap table, management projections, and the term sheet or the purpose the report is for (Companies Act, FEMA, income-tax, transaction).
  • Next step: Send your enquiry on WhatsApp to +91 99622 60333; we confirm the scope, fee and timeline in writing before work starts.

Frequently Asked Questions

Which Registrar of Companies handles filings for a company in Indore?
ROC Gwalior has jurisdiction over companies with a registered office in Madhya Pradesh. Virtual Auditor files SPICe+, PAS-3, SH-7 and annual returns with that office on your behalf.
What stamp duty applies to a share transfer in Madhya Pradesh?
Stamp duty on a transfer of shares is 0.015% of the consideration under Article 62 of Schedule I to the Indian Stamp Act, 1899, as amended with effect from 1 July 2020; the rate is the same in every state, including Madhya Pradesh. Stamp duty on the share purchase agreement itself follows the Indian Stamp Act, 1899 (M.P. Amendment).
Do you have an office in Indore?
No. Indore is served remotely from our Mumbai office, about 604 km away: documents are exchanged online, filings are made on the MCA, GST and income-tax portals, and meetings are held by video or at that office by appointment.
Which report and approach fit this business valuation, share transfer or ownership decision?
The purpose decides the report and who signs it. A preferential allotment, merger or other valuation required by the Companies Act needs an IBBI Registered Valuer’s report. Foreign investment needs a FEMA pricing certificate from a Chartered Accountant in practice, a SEBI-registered merchant banker or a practising cost accountant. Income-tax value follows the prescribed rule. Insolvency needs two Registered Valuers’ fair and liquidation values. Accounts use fair value under Ind AS 113. A negotiation or family settlement has no statutory format. The approach then follows the business: income approach (discounted cash flow) where future cash flows can be estimated, market approach (listed comparables or transactions) where good comparables exist, and asset approach (net asset value) for holding or asset-heavy companies, with adjustments for control, minority stakes and marketability.

Watch: How Virtual Auditor Works

Subscribe to our YouTube channel for expert guides on business valuation in indore, compliance tips, and more.

Ready to Get Started?

Free 30-minute consultation with CA V. Viswanathan, FCA, ACS, CFE, IBBI RV. No obligation.

Business Valuation Services in Indore

Appellate forum where valuations are litigated is ITAT Indore / Jabalpur.

Indore is consistently ranked India's cleanest city (Swachh Survekshan, 2017 to date) and the commercial capital of Madhya Pradesh. Indore hosts the Crystal IT Park, Pithampur auto-cluster (40 km — TVS Motors, Volvo Eicher, Cipla), and the High Court bench. Indore comes under ITAT Indore.

The economic mix of Indore runs across pharmaceuticals (Pithampur, Indore), automotive (Pithampur cluster), soybean & oilseeds processing (Indore-Ujjain — Madhya Pradesh is India's largest soyabean producer) — sectors that consistently dominate the regulatory case-load and the profile of the engagements we field from this jurisdiction. Notable industrial enclaves include Indore IT/ITES SEZ, Crystal IT Park. On the AD-Bank side, Indore is the AD-I hub; SBI, HDFC and Axis at Indore handle most MP soyabean-export and pharma FEMA filings.

Madhya Pradesh is India's largest producer of soyabean, pulses and garlic, and the IT-ITES Investment Promotion Policy 2023 offers up to 40% capex subsidy and stamp-duty exemption for IT units.

DCF, NAV, Comparable Company & Comparable Transaction Methods

For Indore-region companies in soybean & oilseeds processing (Indore-Ujjain — Madhya Pradesh is India's largest soyabean producer) and cement (Satna), the DCF is the operationally correct method only where projections are auditable.

Indore: compliance facts for business valuation services

Indore is Madhya Pradesh's commercial capital — pharmaceuticals, textiles, IT at Crystal IT Park and the Pithampur auto and engineering belt — and the state's trading and professional-services centre. NCLT Indore and ITAT Indore sit here; company filings go to ROC Gwalior and writs to the Indore bench of the Madhya Pradesh High Court. For business valuation services this means the company’s filings go to ROC Gwalior and tribunal matters to NCLT Indore; where a non-resident invests, the price is also checked against the FEMA pricing rules.

Which authorities handle business valuation services for a business in Indore?

Registrar of CompaniesROC Gwalior
NCLT benchNCLT Indore
Stamp duty on share transfer0.015% of consideration (Indian Stamp Act, 1899, Schedule I, Art. 62 as amended w.e.f. 1 Jul 2020 — uniform across India)
High CourtMadhya Pradesh High Court (Jabalpur)
State startup policyMadhya Pradesh Startup Policy, 2022
Startup nodal agencyMP Startup Centre / MSME Department
Nearest Virtual Auditor officeMumbai office — Workafella, AK Estate, SV Road, off Veer Savarkar Flyover, Goregaon West, Mumbai (about 604 km by road from Indore)

Indore companies file with ROC Gwalior; writ remedies lie before the Madhya Pradesh High Court (Jabalpur); company-law and insolvency matters go to the NCLT Indore.

Statutory references for this service are on the national business valuation services page: https://virtualauditor.in/business-valuation

Checked 2026-10-14 against MCA · NCLT · CBIC · ITAT.

Virtual Auditor across India