How do I calculate the value of my business?

The value of your business can be calculated using various business valuation approaches such as income-based approaches, market-based approaches, and asset-based approaches. The selection of the valuation method depends on the purpose and nature of the business.

Which multiples are used for valuing startups?

Different multiples can be used for startup valuation such as revenue multiples, EBITDA multiples, and user or customer base multiples. A startup's valuation multiple depends on the industry it operates in, the industry outlook, and expected growth potential.

Why is a business valuation needed?

Business valuation helps determine a company's financial health and market position. It is useful for selling a business, mergers and acquisitions, fundraising, taxation, financial reporting, and strategic planning.

What is the best method of business valuation?

There are several methods of business valuation. Choosing the right method depends on the business's nature and objectives. Common methods include Market Capitalization, Times Revenue Method, Earnings Multiplier, Discounted Cash Flow (DCF) Method, Book Value Method, and Liquidation Value Method.

What is the best method for startup valuation?

Popular startup valuation methods include the Scorecard Valuation Method, Venture Capital Method, Berkus Method, Book Value Method, Comparable Transactions Method, Risk Factor Summation Method, Discounted Cash Flow Method, and Cost-to-Duplicate Method.

Who needs a business valuation?

Business valuations are important for business owners, investors, buyers, lenders, legal entities, and management teams involved in transactions, compliance, or strategic decision-making.

How does VC valuation work?

Venture capital valuation helps determine a startup's pre-money valuation and assess its growth potential. The process typically involves estimating the expected exit value, post-money valuation, and adjusting for investment risk, time horizon, and expected returns.

What factors do we consider while doing business valuation?

Business valuation typically considers financial performance, historical and projected cash flows, market conditions, industry trends, competitive position, management quality, and growth prospects.

How much revenue is a business worth?

The value of a business may be estimated using revenue multiples, which vary by industry, profitability, growth rate, market conditions, and risk factors. There is no single revenue multiple applicable to all businesses.

Who can offer valuation services?

Valuation services in India are typically provided by Registered Valuers under the Companies Act, 2013, Merchant Bankers for specific Income Tax Act requirements, and other qualified valuation professionals depending on the purpose of the valuation.

IBBI Registered Valuer in India

Work with a Certified Statutory Authority for Valuation Reports That Stand Up to Scrutiny

In India, not every valuation report is legally valid. For statutory filings, regulatory compliance, and insolvency proceedings, the law mandates a report signed by an IBBI Registered Valuer. At My Valuation, we are led by CA Parth Shah, an IBBI Registered Valuer (Securities or Financial Assets) under Section 247 of the Companies Act, 2013. Every report we issue carries full statutory authority, protecting you from regulatory rejection, tax demands, and legal challenge.

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IBBI Registered Valuation Experts

Companies Act Compliant Reports

Regulatory Compliant Valuations

Pan-India Advisory Services

IBBI Registered Valuer Experts in India

My Valuation is a specialist financial advisory firm with offices in Ahmedabad and Bangalore, built around the singular credential that Indian regulation demands: IBBI registration.

Led by CA Parth Shah (IBBI Registered Valuer, SFA, under Section 247 of the Companies Act, 2013), our firm brings the technical depth, regulatory knowledge, and professional independence that a certified Registered Valuer must demonstrate. Being IBBI registered is not a marketing claim. It is a legal qualification granted by the Insolvency and Bankruptcy Board of India after rigorous testing and continuous professional development.

We act as an independent statutory authority, issuing valuation opinions that are relied upon by company boards, investors, NCLT, SEBI, the Income Tax Department, and the RBI across transactions, compliance filings, and insolvency proceedings.

Our Specialized Services as an IBBI Registered Valuer

We provide end-to-end valuation coverage across every context where registered valuer certification is required by law or demanded by counterparties:

Equity Valuation for Capital Transactions

Determining the Fair Market Value (FMV) of shares for preferential allotments, rights issues, and private placements under Section 62 of the Companies Act, 2013.

Merger and Demerger Swap Ratios

Calculating scientifically defensible swap ratios for schemes of arrangement filed before the NCLT, satisfying both legal and shareholder scrutiny.

IBC and Distressed Asset Valuation

Determining Fair Value and Liquidation Value of assets and businesses for Resolution Professionals and the Committee of Creditors under the Insolvency and Bankruptcy Code, 2016.

FEMA and FDI Compliance Valuation

Certifying that share prices for cross-border transactions meet the floor price requirements set by the RBI under FEMA regulations.

Income Tax Valuation (Rule 11UA)

Issuing reports to establish Fair Market Value for funding rounds, preventing adverse tax demands under Section 56(2)(x) of the Income Tax Act.

Financial Reporting and Ind AS

Providing fair value measurements for investments, goodwill impairment testing, ESOP accounting, and intangible asset recognition under Ind AS 113 and Ind AS 36.

IBBI Registered Valuer Categories: SFA, Land and Building, and Plant and Machinery

The IBBI recognizes three distinct asset classes under the Registered Valuer framework. Each class requires separate examinations and registration. Understanding which category applies to your transaction is essential for ensuring your report is legally valid.

Securities or Financial Assets (SFA)

This category covers valuation of shares, equity instruments, bonds, debentures, derivatives, and business enterprises. It is the most commonly required category for companies undergoing fundraising, M&A, regulatory filing, or insolvency proceedings. CA Parth Shah holds registration under the SFA category.
Plant and Machinery (P&M)

This category covers valuation of movable assets including manufacturing equipment, industrial machinery, vehicles, and technology infrastructure. Commonly required for asset-backed lending, insurance assessments, and manufacturing company valuations under insolvency.
Land and Building (L&B)

This category covers valuation of immovable property, including commercial real estate, land parcels, and constructed properties. Required for property collateral assessments, real estate development mandates, and IBC proceedings involving immovable assets.

Valuations That Legally Require an IBBI Registered Valuer

Many business owners engage a CA or consultant for valuation without realizing the report has no statutory standing. The following situations require a report signed exclusively by an IBBI Registered Valuer:

Section 62 of the Companies Act, 2013

Any preferential allotment or private placement of shares requires a valuation report from a Registered Valuer to fix the issue price.
Section 230 to 232 of the Companies Act, 2013

Schemes of merger, demerger, or arrangement presented before the NCLT require a Registered Valuer opinion on the swap ratio.
Insolvency and Bankruptcy Code, 2016

Every corporate insolvency resolution process (CIRP) mandates two independent Registered Valuers to determine Fair Value and Liquidation Value.

Section 281B and Income Tax Act

Valuation of assets attached under tax proceedings requires a certified opinion from a Registered Valuer.
SEBI ICDR Regulations

Pricing for preferential issues and open offers in listed companies mandates independent valuation from a Registered Valuer.
FEMA and RBI Reporting (FC-GPR and FC-TRS)

Any issue or transfer of shares involving a foreign investor requires a Registered Valuer certification to comply with RBI pricing guidelines.

The Difference Between a Registered Valuer and a Regular CA

This is one of the most important distinctions founders and CFOs must understand before commissioning a valuation:

Statutory Authority: Only IBBI Registered Valuers can issue valuation reports accepted by regulatory authorities for statutory compliance.
Examination and Qualification: Requires passing the prescribed examination, completing mandatory training, and meeting eligibility criteria.
Independence Requirements: Registered Valuers must remain independent and avoid conflicts of interest while conducting valuations.
Accountability and Ethics: Governed by IBBI regulations with strict professional, ethical, and disciplinary standards.
Report Format and Standards: Reports must comply with IBBI valuation standards, including required disclosures and documentation.

The Difference Between a Registered Valuer and a Regular CA

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What is an IBBI Registered Valuer?

An IBBI Registered Valuer is a professional credentialed by the Insolvency and Bankruptcy Board of India under Section 247 of the Companies Act, 2013, to provide independent and certified opinions on the value of assets and businesses. The credential was introduced to bring uniformity, transparency, and professional accountability to the valuation profession in India, replacing the earlier fragmented system where any CA or consultant could issue a valuation report.

To become an IBBI Registered Valuer, a professional must pass a government-recognized examination, complete practical experience requirements, and maintain membership with a Registered Valuers Organisation (RVO) such as the ICAI Registered Valuers Organisation (ICAI RVO). They must also adhere to the IBBI Valuation Standards and undergo continuous professional development.

A report signed by a Registered Valuer carries statutory weight before Indian courts, tribunals, and regulatory authorities. It is not merely an expert opinion. It is a legally recognized and regulated professional certification of value.

Get Expert Support from a Certified IBBI Registered Valuer

Do not risk regulatory rejection or a tax demand by relying on an uncertified valuation. Partner with My Valuation for reports that carry full statutory authority and are built to withstand the highest level of scrutiny.

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When Do You Need an IBBI Registered Valuer?

Engaging a Registered Valuer is triggered by specific legal mandates, transaction events, and regulatory filings: /p>

Raising Capital

When issuing shares to investors, a Registered Valuer report is required to establish the issue price and comply with Section 62 of the Companies Act.
Foreign Investment (FEMA)

For any inbound FDI or outbound investment involving share transfer, RBI requires a Registered Valuer certification of the transaction price.

Mergers and Acquisitions

To calculate the swap ratio and provide an independent fairness opinion on the transaction terms for shareholders of both companies.
Income Tax Compliance

To establish FMV under Rule 11UA and protect founders and investors from Section 56(2)(x) demands on the deemed income from shares.

Insolvency Proceedings

Mandatory under the IBC Code, 2016 for every CIRP, requiring two independent Registered Valuers to assess Fair Value and Liquidation Value.
NCLT Filings

Any scheme of arrangement, capital reduction, or reconstruction presented before a Company Law Tribunal requires a certified Registered Valuer report.

Who Needs an IBBI Registered Valuer?

Our statutory valuation services are designed for key stakeholders across the Indian corporate ecosystem:

CFOs of Listed and Private Companies

For navigating SEBI pricing requirements, NCLT filings, M&A transactions, and Ind AS compliance with audit-ready documentation.

Startup Founders

To issue shares to investors at a justified price, comply with Rule 11UA, and protect themselves from adverse tax demands on funding rounds.

Banks and Financial Institutions

For valuing business assets, securities, and intellectual property as collateral for secured lending and stressed asset resolution.

Insolvency Professionals and Resolution Applicants

For IBC-mandated valuation of businesses and assets as part of the Corporate Insolvency Resolution Process.

Private Equity and Venture Capital Funds

For portfolio valuation, co-investment pricing, secondary transactions, and exit computations requiring certified opinions.

Legal Counsels and Company Secretaries

For obtaining the statutory Registered Valuer report required for NCLT filings, scheme documentation, and regulatory submissions.

Key Benefits of Engaging an IBBI Registered Valuer

Choosing a certified Registered Valuer over a general consultant provides critical strategic and legal advantages:

Statutory Validity

Only a Registered Valuer report is accepted by the NCLT, SEBI, RBI, and Income Tax Department. Reports from uncertified sources are rejected at the filing stage.

Audit Protection

Our reports are built to answer auditor queries upfront, minimizing back-and-forth during statutory audit and reducing the risk of qualified opinions.

Tax Defense

Properly structured and certified valuation reports under Rule 11UA protect founders and investors from income tax notices on funding transactions.

Legal Defensibility

A certified report creates a documented, standards-compliant record of value that holds up in court, arbitration, and regulatory proceedings.

Deal Confidence

A Registered Valuer opinion gives counterparties, investors, and lenders the confidence to transact without independent verification delays.

Regulatory Clearance

Statutory filings backed by our reports move through NCLT, ROC, and FEMA processes faster, avoiding rejections caused by non-compliant valuation documents.

Regulatory Compliance for IBBI Registered Valuer Assignments

We navigate the full spectrum of Indian valuation regulation to ensure every report is compliant across all applicable jurisdictions:

Companies Act, 2013

Compliance with Section 247 (Registered Valuers) and Sections 230 to 232 and Section 62 for preferential allotments and schemes of arrangement.

Insolvency & Bankruptcy Code, 2016

Specialized valuation of distressed assets and businesses to determine Fair Value and Liquidation Value for CIRP and liquidation proceedings.

Income Tax Act, 1961

Adherence to Rule 11UA for Fair Market Value and Section 56(2)(x) to prevent adverse tax treatment on share transactions.

FEMA Regulations

Ensuring share prices for FDI and cross-border transfers comply with the pricing guidelines issued by the RBI under the Foreign Exchange Management Act.

SEBI Regulations

Compliance with ICDR and LODR regulations for preferential issues, open offer pricing, and schemes involving listed companies.

Ind AS Standards

Compliance with Ind AS 113 (Fair Value Measurement), Ind AS 36 (Impairment of Assets), and Ind AS 102 (Share-Based Payments) for financial reporting purposes.

Valuation Methodologies We Use

We apply globally accepted and IBBI Standards-compliant approaches tailored to the nature of your assets and the purpose of the valuation:

Income Approach (DCF)

Values a business based on its projected future cash flows and earning potential.

Market Approach (Relative Valuation)

Estimates value by comparing the business with similar companies or recent market transactions.

Asset Approach (Net Asset Value)

Determines value based on the fair market value of the company's assets and liabilities.

Option Pricing Models

Values ESOPs, convertible securities, and other complex financial instruments using advanced financial models.

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Our Valuation Process

We follow a rigorous five-step workflow to deliver defensible, standards-compliant reports aligned with your regulatory timeline:

01

Requirement Analysis and Scoping

We clarify the valuation objective, applicable regulation (IBC, Companies Act, Income Tax, FEMA), and transaction context to ensure the scope meets all statutory requirements.

02

Discovery and Data Collection

We gather historical financials, future projections, legal documents, and asset registers, and verify the completeness and accuracy of all information relied upon.

03

Financial Modeling and Analysis

We build detailed valuation models using DCF, Market Multiples, or Net Asset Value approaches and stress-test key variables such as growth rates, discount factors, and asset lives for robustness.

04

Draft Review and Discussion

We sit with your management team or legal counsel to validate assumptions and review the draft report, ensuring the conclusions reflect business and legal reality.

05

Final Reporting and Certification

We issue a signed, IBBI-compliant valuation report with complete methodology, certifications, and documentation ready for regulatory, legal, and audit submissions.

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What You Receive: Valuation Report Contents

Our deliverables are comprehensive, standard-compliant documents built for external scrutiny, regulatory defense, and legal acceptance. Every report includes:

Executive Summary

An overview of the subject entity or asset, transaction context, valuation date, and purpose of the assignment.

Methodology Rationale

A detailed explanation of why specific valuation approaches were selected and why alternatives were rejected, complying with IBBI disclosure requirements.

Detailed Valuation Working

Transparent calculations showing the full valuation methodology, model inputs, key drivers, and final value conclusion.

Valuation Standards

A clear reference to the applicable IBBI Valuation Standards and any internationally recognized frameworks followed in the assignment.

Key Assumptions & Caveats

An explicit listing of assumptions, limiting conditions, and operational risks that define the scope and legal boundaries of the report.

Sources of Data Log

A transparent record of all management representations, market data sources, and documents relied upon, ensuring full audit traceability.

Where Our Expertise Is Applied

Our IBBI Registered Valuer expertise spans complex, asset-heavy, and high-growth sectors across India:

Technology, SaaS and Digital Businesses

Valuation of growth-driven companies using DCF, revenue multiples, unit economics, and scalability assumptions for fundraising and regulatory compliance.

Healthcare & Life Sciences

Financial Services & NBFCs

Manufacturing & Industrial Businesses

Valuing asset-heavy enterprises using DCF and Net Asset Value, factoring plant efficiency, working capital cycles, and long-term operational sustainability.

Consumer Brands, Retail & D2C

Holding Companies & Investment Structures

Why Choose My Valuation?

We are uniquely positioned to deliver IBBI-certified valuation reports across India, combining statutory credibility with institutional depth and operational speed.

IBBI Registered Valuer

Led by CA Parth Shah, IBBI Registered Valuer (SFA) under Section 247 of the Companies Act, 2013, ensuring statutory validity on every report.

Combined Accounting & Valuation Depth

We pair deep accounting experience with valuation expertise to address tax, legal, and financial angles simultaneously.

Defensible Reporting

Our reports are written to withstand regulatory scrutiny, minimizing queries from auditors, authorities, and stakeholders.

5–7 Business Day Delivery

Draft reports delivered within 5–7 business days of receiving complete documents. Compliance deadlines are our specialty, not our problem.

Speed & Agility

We deliver preliminary drafts in 5 to 7 business days, well ahead of the industry average, without compromising depth.

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to Raise Over ₹1500 Crore

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Looking for a certified IBBI Registered Valuer for your transaction or compliance requirement? Our team is available to discuss your needs and guide you on the right approach.

Frequently Asked Questions (FAQs)

What is an IBBI Registered Valuer and why is the credential important?

An IBBI Registered Valuer is a professional certified by the Insolvency and Bankruptcy Board of India under Section 247 of the Companies Act, 2013. The credential is important because Indian law mandates a Registered Valuer report for specific statutory purposes including mergers, preferential allotments, insolvency proceedings, and FEMA compliance. Reports from uncertified professionals are not accepted by regulators and tribunals.