CCPS Valuation in Porur, Chennai

Last updated: 15 Oct 2026

Porur: the local picture for CCPS Valuation

Porur lies in Chennai district, Tamil Nadu. Its business mix is typical of a technology and start-up district. Nearby areas we also serve include Alwarthirunagar, Mugalivakkam, Maduravoyal and Virugambakkam. We serve clients in Porur from our head office at Spencer Plaza, Anna Salai. Funded start-ups here issue CCPS in most priced rounds; we often value them alongside the FEMA certificate and the ESOP pool refresh. Companies with a registered office in Porur 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 Porur

  • Conversion price or formula analysis
  • FEMA fair-value certificate
  • Share-class value allocation (OPM / PWERM)

Documents to keep ready

  • Cap table before and after the round
  • Details of earlier rounds and their prices
  • Term sheet and shareholders' agreement

Indicative Fee Structure

ServiceFee
CCPS valuation reportFrom ₹65,000
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.

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.

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.

Which offices deal with CCPS valuation for a business in Porur?

Companies with a registered office in Porur 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 Porur?

Yes. We also work with businesses in Alwarthirunagar, Mugalivakkam, Maduravoyal, Virugambakkam and K.K. Nagar and elsewhere in Chennai, on the same terms and online.

Do I need to visit your office from Porur?

No. We serve Porur 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.

Porur, Chennai: compliance facts for CCPS Valuation

For CCPS valuation in Porur, Chennai: Companies with a registered office in Porur 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.

Which authorities handle CCPS Valuation for a business in Porur?

StateTamil Nadu
DistrictChennai
Registrar of CompaniesRegistrar of Companies, Chennai
High CourtMadras High Court
FEMA reportingRBI FIRMS portal, through your authorised dealer bank
Professional taxlevied half-yearly by the urban local body for the area (the Greater Chennai Corporation within its limits)
Shops and establishments lawTamil Nadu Shops and Establishments Act, 1947
Nearest Virtual Auditor officeHead office — G-131, Phase III, Spencer Plaza, Anna Salai, Chennai

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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