Last updated: 15 Oct 2026

Virtual Auditor

CCPS Valuation in Mandapeshwar, Mumbai

Last updated: 15 Oct 2026

Quick answer: Virtual Auditor values compulsorily convertible preference shares (CCPS) for companies in Mandapeshwar, 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.

Mandapeshwar: the local picture for CCPS Valuation

Mandapeshwar 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 Borivali East, Gorai, Borivali West and Dahisar. We serve clients in Mandapeshwar 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 Mandapeshwar 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 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 Mandapeshwar

  • Share-class value allocation (OPM / PWERM)
  • Ind AS classification note
  • Registered valuer's report for the allotment

Documents to keep ready

  • Term sheet and shareholders' agreement
  • Articles of association with the CCPS terms
  • Financial statements and projections

Indicative Fee Structure

ServiceFee
CCPS valuation reportStarts from ₹50,000 + 18% GST
ConsultationComplimentary 30 minutes

*Prices are indicative and exclude government fees and taxes. Actual fees depend on scope and complexity; contact us for a fixed quote.

Engagement terms — reviewed 25 October 2026

  • Fee: CCPS/OCPS valuation from ₹50,000 + 18% GST per report; iSAFE or convertible-note valuation from ₹40,000 + 18% GST; full cap-table waterfall analysis from ₹75,000 + 18% GST. No government fee applies.
  • Extra / not included: A revised report after a change in the instrument terms, the valuation date 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 term sheet or the instrument's terms (conversion ratio, liquidation preference, dividend), cap table, latest audited financial statements and management projections.
  • 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

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.
Do you also file FC-GPR for the round?
Yes. We can prepare the fair-value certificate and file Form FC-GPR on the RBI's FIRMS portal through your bank within 30 days of allotment.
Which offices deal with CCPS valuation for a business in Mandapeshwar?
Companies with a registered office in Mandapeshwar 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 Mandapeshwar?
Yes. We also work with businesses in Borivali East, Gorai, Borivali West, Dahisar and Mira Road and elsewhere in Mumbai, on the same terms and online.
Do I need to visit your office from Mandapeshwar?
No. We serve Mandapeshwar 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.
How do conversion terms, preferences and other rights affect this instrument's value?
Each right shifts value between classes of shareholders. A liquidation preference gives the holder money first on an exit; participation lets it share again after that; the conversion ratio or formula, anti-dilution protection, dividend rights, redemption terms and caps or discounts on notes change what the holder receives in each outcome. We read the actual terms in the articles and the shareholders’ agreement, model the outcomes (option-pricing, scenario-weighted or waterfall methods) and allocate the equity value across classes. The purpose matters: Ind AS fair value for the accounts, the FEMA rule that the conversion price or formula is fixed upfront at issue for foreign investors, and the Companies Act report for a preferential issue.

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Mandapeshwar, Mumbai: compliance facts for CCPS Valuation

For CCPS valuation in Mandapeshwar, Mumbai: Companies with a registered office in Mandapeshwar 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.

Which authorities handle CCPS Valuation for a business in Mandapeshwar?

StateMaharashtra
DistrictMumbai Suburban
Registrar of CompaniesRegistrar of Companies, Mumbai (Mumbai-I), for Mumbai City and Mumbai Suburban districts
High CourtBombay High Court
FEMA reportingRBI FIRMS portal, through your authorised dealer bank
Professional tax₹200 a month (₹300 in February) for men earning above ₹10,000 a month, ₹175 between ₹7,501 and ₹10,000; women earning up to ₹25,000 a month are exempt (Maharashtra State Tax on Professions, Trades, Callings and Employments Act, 1975)
Shops and establishments lawMaharashtra Shops and Establishments (Regulation of Employment and Conditions of Service) Act, 2017 — registration for 10 or more workers, an intimation below that
Nearest Virtual Auditor officeMumbai office — Workafella, AK Estate, SV Road, Goregaon West, Mumbai

Checked 2026-10-15 against MCA · PIB (ROC and RD offices) · NCLT · CBIC · ITAT.

CCPS Valuation — more pages

What has changed in the law — reviewed October 2026

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