CCPS Valuation in Borivali West, Mumbai
Last updated: 15 Oct 2026
Quick Answer: Virtual Auditor values compulsorily convertible preference shares (CCPS) for companies in Borivali 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.
Borivali West: the local picture for CCPS Valuation
Borivali 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 Gorai, Mandapeshwar, Borivali East and Kandivali West. We serve clients in Borivali 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 Borivali 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.
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.
How are CCPS valued?
Because CCPS carry rights that equity does not, we allocate the company's equity value across share classes using the option-pricing method (OPM), the probability-weighted expected return method (PWERM) or the current-value method, and model the liquidation-preference waterfall. Where a recent round exists, we back-solve from its price.
For accounts, Ind AS 32 decides whether the CCPS are equity or a financial liability; liability-classified CCPS are then measured at fair value under Ind AS 109.
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 Borivali West
- Conversion price or formula analysis
- FEMA fair-value certificate
- Share-class value allocation (OPM / PWERM)
Documents to keep ready
- Term sheet and shareholders' agreement
- Articles of association with the CCPS terms
- Financial statements and projections
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
Are CCPS treated as equity under FEMA?
Yes, if they are fully, compulsorily and mandatorily convertible; partly or optionally convertible preference shares are treated as debt under FEMA.
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 Borivali West?
Companies with a registered office in Borivali 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 Borivali West?
Yes. We also work with businesses in Gorai, Mandapeshwar, Borivali East, Kandivali West and Kandivali East and elsewhere in Mumbai, on the same terms and online.
Do I need to visit your office from Borivali West?
No. We serve Borivali 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.