Last updated: 15 Oct 2026

Virtual Auditor

ESOP Valuation in Kalyan East

Last updated: 15 Oct 2026

Quick answer: Virtual Auditor values employee stock options for companies in Kalyan East, from our Mumbai office at Goregaon West, with meetings there or by video: the grant-date fair value for Ind AS 102 or the ICAI guidance note, the share value behind grant and exercise prices, and sweat-equity valuations under the Companies Act.

Kalyan East: the local picture for ESOP Valuation

Kalyan East lies in Thane district, Maharashtra, within the Kalyan-Dombivli Municipal Corporation. Its business mix is typical of a residential neighbourhood with shops, clinics and home-based businesses. Nearby areas we also serve include Kalyan–Shil Road, Kalyan West, Ulhasnagar and Ulhasnagar Camp 4. We serve clients in Kalyan East from our Mumbai office at Goregaon West, with meetings there or by video. Early-stage founders here usually set up their first ESOP pool with a priced round and need a simple, defensible first valuation. Companies with a registered office in Kalyan East come under the Registrar of Companies, Mumbai-II, at Navi Mumbai — set up from 16 February 2026 for Thane, Palghar, Raigad and five other districts. Income-tax appeals from Kalyan East go to the Commissioner (Appeals) and then to the ITAT Mumbai Benches; writs lie to the Bombay High Court.

What is ESOP valuation?

ESOP valuation estimates the value of stock options given to employees. Accounting, company law and income tax each look at a different value at a different date, so one plan usually needs more than one number.

How are options valued for the accounts?

Ind AS 102 (and, for non-Ind AS companies, the ICAI Guidance Note on Accounting for Share-based Payments) measures options at fair value on the grant date, using an option-pricing model such as Black-Scholes, a binomial lattice or Monte Carlo simulation. Inputs include the share value, exercise price, expected life, volatility, risk-free rate and dividend yield.

What about income tax on exercise?

When an employee exercises options, the difference between the share's fair market value on the exercise date and the price paid is taxed as a perquisite. For unlisted shares, the perquisite rules have long required that value to be determined by a SEBI-registered Category I merchant banker (Rule 3(8) of the 1962 Rules); we check the corresponding provision of the Income-tax Rules, 2026 for each engagement and coordinate that report where it is needed.

Employees of eligible DPIIT-recognised start-ups can defer the tax payment on this perquisite under the deferral provision, which we factor into plan communication.

Full details of ESOP valuation, including the law, the process and our method: https://virtualauditor.in/esop-valuation

What you get from Virtual Auditor in Kalyan East

  • Expense schedule for the accounts
  • Sweat-equity registered-valuer report
  • Plan review against Rule 12

Documents to keep ready

  • Grant letters and vesting schedule
  • Latest financial statements and projections
  • Cap table and recent funding prices

Indicative Fee Structure

ServiceFee
ESOP valuationStarts from ₹35,000 + 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: From ₹35,000 + 18% GST per grant date, including the Ind AS 102 expense schedule for that grant. No government fee applies.
  • Extra / not included: Each new grant date is a separate valuation; the perquisite FMV at exercise under section 17(2)(vi) is a separate certificate when needed.
  • Turnaround: 5 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 ESOP scheme and board/shareholder approvals, grant letters with vesting schedule, cap table, and latest accounts.
  • 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

Is a registered valuer needed to grant ESOPs in an unlisted company?
The share-capital rules do not require one for ESOP grants; the company sets the exercise price within its accounting policies. A registered valuer is required for sweat equity shares.
How often must options be valued?
At each grant date for the accounts. A new value is also needed for tax when employees exercise.
Which offices deal with ESOP valuation for a business in Kalyan East?
Companies with a registered office in Kalyan East come under the Registrar of Companies, Mumbai-II, at Navi Mumbai — set up from 16 February 2026 for Thane, Palghar, Raigad and five other districts. Income-tax appeals from Kalyan East go to the Commissioner (Appeals) and then to the ITAT Mumbai Benches; writs lie to the Bombay High Court.
Do you also handle ESOP valuation for businesses near Kalyan East?
Yes. We also work with businesses in Kalyan–Shil Road, Kalyan West, Ulhasnagar, Ulhasnagar Camp 4 and Ulhasnagar Camp 5 and elsewhere in Kalyan, on the same terms and online.
Do I need to visit your office from Kalyan East?
No. We serve Kalyan East from our Mumbai office at Goregaon West, with meetings there or by video. 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.
Which ESOP valuation do I need for accounting, employee tax or a cross-border purpose?
Each purpose needs its own value, on its own date. Ind AS 102 needs the fair value of each option at the grant date, using an option-pricing model such as Black-Scholes or binomial; the company expenses it over the vesting period and its auditor reviews it. Employee tax needs the fair market value of the share, not the option, on the exercise date: the excess over the exercise price is taxed as a perquisite (Section 17(2)(vi) of the Income-tax Act, 1961; the corresponding provision of the Income-tax Act, 2025 from tax year 2026-27). For unlisted shares that value must come from a SEBI-registered Category I merchant banker. Where there is a US parent, its plan may also need a separate 409A value.

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Kalyan East: compliance facts for ESOP Valuation

For ESOP valuation in Kalyan East: Companies with a registered office in Kalyan East come under the Registrar of Companies, Mumbai-II, at Navi Mumbai — set up from 16 February 2026 for Thane, Palghar, Raigad and five other districts. Income-tax appeals from Kalyan East go to the Commissioner (Appeals) and then to the ITAT Mumbai Benches; writs lie to the Bombay High Court.

Which authorities handle ESOP Valuation for a business in Kalyan East?

StateMaharashtra
DistrictThane
Local bodyKalyan-Dombivli Municipal Corporation
Registrar of CompaniesRegistrar of Companies, Mumbai-II, at Navi Mumbai — set up from 16 February 2026 for Thane, Palghar, Raigad and five other districts
High CourtBombay High Court
Income-tax appeals (second appeal)ITAT Mumbai Benches
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.

ESOP Valuation — more pages

What has changed in the law — reviewed October 2026

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