CCPS Valuation in Egmore, Chennai
Last updated: 15 Oct 2026
Quick Answer: Virtual Auditor values compulsorily convertible preference shares (CCPS) for companies in Egmore, Chennai, from our head office at Spencer Plaza, Anna Salai, covering the Companies Act conversion-price report, FEMA pricing for foreign investors and the fair value needed for accounts.
Egmore: the local picture for CCPS Valuation
Egmore lies in Chennai district, Tamil Nadu. Its business mix is typical of a commercial and office district. Nearby areas we also serve include Purasawalkam, Greams Road, Chetput and Anna Salai. We serve clients in Egmore from our head office at Spencer Plaza, Anna Salai. Holding companies and investment platforms here use CCPS in structured deals, where we model the waterfall across several classes. Companies with a registered office in Egmore come under the Registrar of Companies, Chennai. FEMA reports are filed on the RBI's FIRMS portal through your authorised dealer bank; compounding applications go to the RBI regional office, Chennai.
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 Egmore
- 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
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 Egmore?
Companies with a registered office in Egmore come under the Registrar of Companies, Chennai. FEMA reports are filed on the RBI's FIRMS portal through your authorised dealer bank; compounding applications go to the RBI regional office, Chennai.
Do you also handle CCPS valuation for businesses near Egmore?
Yes. We also work with businesses in Purasawalkam, Greams Road, Chetput, Anna Salai and Kilpauk and elsewhere in Chennai, on the same terms and online.
Do I need to visit your office from Egmore?
No. We serve Egmore from our head office at Spencer Plaza, Anna Salai. 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.