SEBI-Compliant AIF Valuation Services by IBBI Registered Valuers.
Independent, audit-defensible fair value assessments for Category I, II, and III Alternative Investment Funds.
Key Highlights
- IBBI Registered Valuer (Securities & Financial Assets).
- Compliant with SEBI (AIF) Regulations & IPEV Guidelines.
- Expertise in Illiquid & Complex Asset Valuation.
Why AIFs Require Specialized Valuation?
- Under Regulation 23 of SEBI (AIF) Regulations, appointing an independent valuer is mandatory for AIFs to determine the fair value of their investment portfolio.
- For Fund Managers dealing with unlisted equity, hybrid instruments, or distressed assets, standard market pricing doesn't exist. This creates a compliance risk and potential friction with Limited Partners (LPs).
- My Valuation acts as your regulatory shield. We provide the independent "Fair Value" that protects the Fund Manager, satisfies auditors, and builds unwavering trust with your investors.
Our AIF Valuation Services
Category I & II AIFs (Venture Capital, PE, Infrastructure)
- Specialized valuation for unlisted portfolio companies and startups.
- Periodic valuation (half-yearly/annually) as per fund documents and SEBI norms.
- Use of DCF and Market Multiples for illiquid assets.
- Category I and Category II AIFs shall undertake valuation of their investments, at least once in every 6 months, by an independent valuer appointed by the Fund, provided that such period may be enhanced to one year on approval of at least 75% of the investors by value of their investment in the AIF.
Category III AIFs (Hedge Funds)
- Valuation for complex, listed, and diverse portfolios.
- Assistance with Net Asset Value (NAV) calculation for open-ended funds.
- Handling derivatives and structured products.
- Close-ended Category III AIFs: NAV disclosure at intervals not longer than a quarter (3 months)
- Open-ended Category III AIFs: NAV disclosure at intervals not longer than a month
Portfolio Company Valuation
- Individual valuation of underlying investee companies to determine aggregate fund performance.
- Support for "mark-to-market" requirements.
Why Managers Choose My Valuation?
IBBI Registered Authority
All reports are signed by CA Parth Shah, an IBBI Registered Valuer (Securities or Financial Assets). This meets the specific statutory requirements for AIFs under the Companies Act and SEBI regulations.
Modern Agility, Proven Stability
We offer the speed and modern approach of a boutique firm, backed by the 35+ year legacy of our strategic alliance with Gopal Shah & Co. You get institutional-grade stability with startup-speed execution.
Global Standards (IPEV & Ind AS)
We strictly adhere to International Private Equity and Venture Capital (IPEV) Valuation Guidelines and Ind AS 113. This ensures your reports are accepted by global LPs and auditors alike.
Conflict-Free Independence
We operate solely as independent valuers. Our unbiased reports eliminate conflicts of interest, ensuring total transparency for your investors.
Extensive Industry Experience
We have served as a trusted valuation partner for 500+ clients and successfully delivered over 750+ projects. This deep experience means we have likely already solved the specific valuation challenges your fund faces.
Proven Fundraising Impact
Our valuations are designed to withstand investor scrutiny. We have helped our clients collectively raise over ₹1500 Crore in funding, demonstrating that our reports are trusted by investors and financial institutions alike.
Clients We Have Served for
Business and Financial Instrument Valuations
TESTIMONIAL
What our clients says?
Getting companies valuation reports regularly for my clients. Very quick, accurate and manages compliance deadlines for clients. True professional for professionals.
My Valuation provided exceptional business valuation services for our company. Their expertise and attention to detail ensured that we had a clear understanding of our business's true value, crucial for making informed decisions. Their comprehensive approach covered all aspects, from financial reporting to strategic management, enabling us to confidently pursue opportunities and navigate challenges.
I can't express enough gratitude for the exceptional support and expertise provided by My Valuation. Their team, led by CA Parth Shah, not only demonstrated a profound understanding of valuation intricacies but also extended their services beyond expectations.
My Valuation's ESOP valuation services were invaluable in guiding our company through the complexities of the Employee Stock Option Plan. With their meticulous approach, they are the go-to for anyone seeking comprehensive ESOP valuation assistance.
My Valuation's expertise in startup valuation is unparalleled. Their team simplified the daunting process, providing clarity at every step. With their guidance, we confidently navigated fundraising and strategic decisions. Grateful for their invaluable support.
Have experienced his work with two rounds of valuation reports. All reports were accurate and any minor changes we required in the report, he was available for discussion anytime and updated report were available within hours.
I couldn't have found a better solution with the speed at which you could share and guide the Valuations when the startups were so young even to know anything of that sort.
One stop solution for valuation services. Well versed with provisions of companies act and income tax act. We got end to end services with immediate response time for valuation and other financial services.
My Valuation's professionalism and dedication exceeded our expectations. From incorporation to valuation, they provided comprehensive support, easing our journey. Their attention to detail and commitment to client success are commendable. Thank you for being our trusted partner.
Our Valuation Methodology
Income Approach
Discounted Cash Flow (DCF) for established portfolio companies with predictable cash flows.
Market Approach
Relative valuation using comparable transactions and industry multiples.
Cost Approach
Replacement cost or Net Asset Value for early-stage or distressed assets.
Scenario Analysis
We analyze best and worst-case scenarios to provide a defensive valuation range, not just a single number.
Ready to Validate Your Fund's Performance?
Don't let valuation complexities delay your reporting or worry your LPs. Partner with an IBBI Registered Valuer who understands the AIF ecosystem.
Insights for Fund Managers
Frequently Asked Questions about AIF
1Is it mandatory for AIFs to hire an IBBI Registered Valuer?
Yes, under Regulation 23 of SEBI (AIF) Regulations, appointing an independent valuer is mandatory to determine the fair value of investments. My Valuation provides IBBI-registered services to ensure your fund remains fully compliant with these statutory requirements.
2Who is authorized to conduct valuations for Alternative Investment Funds?
Valuations must be performed by an independent valuer registered with the Insolvency and Bankruptcy Board of India (IBBI). Our founder, CA Parth Shah, is an IBBI Registered Valuer for the "Securities or Financial Assets" class, fully authorized to sign these reports.
3Will SEBI object to annual valuations?
No. This is an explicitly permitted provision under Regulation 23(2). As long as you have obtained the required 75% investor consent and maintain proper documentation, SEBI has provided this flexibility intentionally.
4How do you value illiquid assets like unlisted startups or distressed debt?
We employ globally accepted methodologies, such as Discounted Cash Flow (DCF) and comparable company multiples, aligned with IPEV guidelines. This ensures we derive a defensible fair value even for assets where a public market price is not available.
5Can you handle complex instruments like CCDs and convertible notes?
Yes, we specialize in valuing complex financial instruments, including Compulsorily Convertible Debentures (CCDs), derivatives, and warrants. We ensure these instruments are accurately assessed for financial reporting under relevant Ind AS standards.
6How frequently does an AIF portfolio need to be valued?
While Category I and II AIFs typically require valuation every six months, the specific frequency depends on your fund’s documents and SEBI norms. We offer flexible engagement models to match your specific reporting cycles and investor needs.
7Do your valuation reports comply with international standards?
Absolutely, our reports are structured to adhere to Ind AS 113 (Fair Value Measurement) and global best practices. This ensures your valuation is audit-ready and withstands scrutiny from both domestic regulators and international investors.
8How do you ensure independence and avoid conflicts of interest?
We operate as a strictly independent third-party firm, ensuring our assessment is unbiased and transparent. This independence is a key requirement under the Insolvency and Bankruptcy Code and SEBI regulations to protect the interests of your investors.
9What is the typical turnaround time for an AIF valuation report?
We understand the pressure of reporting deadlines and work in close collaboration with fund managers to ensure timely delivery. Once we receive the necessary portfolio data, our team works efficiently to provide a draft for your review.
10How do you structure your fees for AIF valuation services?
We offer competitive, transparent pricing based on the complexity and volume of your portfolio assets, rather than a percentage of the fund value. We recommend contacting us directly for a confidential quote tailored to your specific fund structure.
