CCPS Valuation in Bandra West, Mumbai
Last updated: 15 Oct 2026
Quick Answer: Virtual Auditor values compulsorily convertible preference shares (CCPS) for companies in Bandra West, Mumbai, from our Mumbai office at Workafella, Goregaon West, covering the Companies Act conversion-price report, FEMA pricing for foreign investors and the fair value needed for accounts.
Bandra West: the local picture for CCPS Valuation
Bandra West lies in Mumbai Suburban district, Maharashtra. Its business mix is typical of a residential neighbourhood with shops, clinics and home-based businesses. Nearby areas we also serve include Khar, Santacruz West, Santacruz East and Vidyanagari. We serve clients in Bandra West from our Mumbai office at Workafella, Goregaon West. Early-stage founders here usually meet CCPS for the first time in a seed or Series A term sheet; we explain what the terms do to value before signing. Companies with a registered office in Bandra West come under the Registrar of Companies, Mumbai (Mumbai-I), for Mumbai City and Mumbai Suburban districts. FEMA reports are filed on the RBI's FIRMS portal through your authorised dealer bank; compounding applications go to the jurisdictional RBI regional office.
What is CCPS valuation?
CCPS are preference shares that must convert into equity on set terms. Venture investors use them for liquidation preference and anti-dilution rights, which is why their value differs from the value of ordinary equity.
What does the Companies Act require for CCPS?
CCPS issued by preferential allotment need a special resolution and a registered valuer's report (section 62(1)(c) read with Rule 13 of the Companies (Share Capital and Debentures) Rules, 2014). For convertible securities, the price of the shares issued on conversion must be fixed either upfront when the CCPS are offered or not earlier than 30 days before the holder becomes entitled to convert, on the basis of the registered valuer's report.
How does FEMA treat CCPS?
Under the Non-Debt Instruments Rules, 2019, preference shares count as equity instruments only if they are fully, compulsorily and mandatorily convertible. The price or conversion formula must be fixed upfront at the time of issue, and the price at conversion cannot be lower than the fair value worked out at the time of issue. Allotment to a non-resident is reported in Form FC-GPR within 30 days.
Full details of CCPS valuation, including the law, the process and our method: https://virtualauditor.in/complex-instruments-valuation
What you get from Virtual Auditor in Bandra West
- Conversion price or formula analysis
- FEMA fair-value certificate
- Share-class value allocation (OPM / PWERM)
Documents to keep ready
- Articles of association with the CCPS terms
- Financial statements and projections
- Cap table before and after the round
Indicative Fee Structure
| Service | Fee |
|---|---|
| CCPS valuation report | From ₹65,000 |
| Consultation | Complimentary 30 minutes |
*Prices are indicative and exclude government fees and taxes. Actual fees depend on scope and complexity; contact us for a fixed quote.
Frequently Asked Questions
When must the conversion price be fixed?
Under FEMA, the price or conversion formula must be fixed upfront at issue. Under the Companies Act rules, the conversion price is fixed either upfront or not earlier than 30 days before the holder becomes entitled to convert, on a registered valuer's report.
Is the CCPS value the same as the equity value per share?
Usually not. Liquidation preference and other rights make CCPS worth more per share than common equity, which is why share-class allocation methods are used.
Which offices deal with CCPS valuation for a business in Bandra West?
Companies with a registered office in Bandra West come under the Registrar of Companies, Mumbai (Mumbai-I), for Mumbai City and Mumbai Suburban districts. FEMA reports are filed on the RBI's FIRMS portal through your authorised dealer bank; compounding applications go to the jurisdictional RBI regional office.
Do you also handle CCPS valuation for businesses near Bandra West?
Yes. We also work with businesses in Khar, Santacruz West, Santacruz East, Vidyanagari and BKC and elsewhere in Mumbai, on the same terms and online.
Do I need to visit your office from Bandra West?
No. We serve Bandra West from our Mumbai office at Workafella, Goregaon West. Documents are shared securely online, filings are signed with a digital signature, and meetings are by video or at our office by appointment. Call +91 99622 60333 or email support@virtualauditor.in.