CCPS Valuation in Trombay, Mumbai
Last updated: 15 Oct 2026
Quick Answer: Virtual Auditor values compulsorily convertible preference shares (CCPS) for companies in Trombay, 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.
Trombay: the local picture for CCPS Valuation
Trombay is the Bhabha Atomic Research Centre campus at Trombay. Trombay lies in Mumbai Suburban district, Maharashtra. Its business mix is typical of an area built around public institutions and campuses. Nearby areas we also serve include Mahul, Chembur, Antop Hill and Govandi. We serve clients in Trombay from our Mumbai office at Workafella, Goregaon West. For institution-backed ventures here, CCPS terms often come from grant or impact investors; we check that the instrument fits both FEMA and the Companies Act. Companies with a registered office in Trombay 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 Trombay
- Ind AS classification note
- Registered valuer's report for the allotment
- Conversion price or formula analysis
Documents to keep ready
- Details of earlier rounds and their prices
- Term sheet and shareholders' agreement
- Articles of association with the CCPS terms
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.
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 Trombay?
Companies with a registered office in Trombay 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 Trombay?
Yes. We also work with businesses in Mahul, Chembur, Antop Hill, Govandi and Sewri and elsewhere in Mumbai, on the same terms and online.
Do I need to visit your office from Trombay?
No. We serve Trombay 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.