If you own a business or startup, you’ve probably thought about how much your company (and its shares) is worth.
Maybe you want to raise money, merge with another firm, reward employees, or simply keep the books in order.
In all these cases, share valuation comes into play. Essentially, share valuation is figuring out the fair price of a company’s stock based on its financials and market position.
Knowing this value helps you make smarter decisions—whether you’re talking to investors or planning growth.
In this post, you’ll learn what share valuation is, why it’s important for your business, and some of the top valuation firms in India that can help you get it right.
What is Share Valuation?
Share valuation is the process of estimating what each share of your company is really worth.
In simple terms, share valuation answers the question: “If I were to sell a piece of my company today, what price should I set?”
To do this, valuers use methods like market comparison (seeing how similar companies are valued), discounted cash flow (forecasting future profits and converting them to today’s value), and asset valuation (adding up tangible and intangible assets).
They might also look at ratios like Price/Earnings to guide the valuation.
The goal is to arrive at a fair market value that reflects your company’s true financial health and potential.
Why is Share Valuation Important?
Understanding your share valuation is crucial because it affects many aspects of running and growing your business.
Reason 1 - Fundraising and Investment
When you’re raising money – whether from venture capitalists, angel investors, or even considering an IPO – share valuation is step one.
Investors will always ask, “How much is your company worth?”
If you quote an unrealistically high share price, they might walk away. Too low, and you give away too much ownership.
A professional valuation gives you a balanced answer. It sets a fair share price so you can confidently pitch to investors. In fact, companies looking to go public or issue new shares must establish an offering price through valuation.
Without this, you could end up leaving money on the table or deterring crucial investment.
Reason 2 - Mergers and Acquisitions
If you’re planning a merger, acquisition, or selling part of your business, share valuation becomes even more critical.
In such deals, one company’s stock may be exchanged for another’s, or a buyer may offer cash for your equity. Either way, both parties need an agreed-upon valuation to make the deal fair.
As one expert puts it, during M&A negotiations, “share valuation services are crucial for determining the exchange ratio between merging entities”.
In practice, this means if Company A is worth $1M and has 100,000 shares, and Company B is worth $2M with 200,000 shares, you need a valuation to decide that 1 share of A equals 2 shares of B (for example).
Getting this wrong could lead to disputes or bad deals, so a proper valuation protects you.
Reason 3 - Regulatory Compliance & Taxes
In many cases, the law and accounting rules demand a valuation of your shares or assets.
For example, if your company prepares audited financial statements, regulators often require you to report the fair value of certain assets (which may include equity stakes).
Similarly, when transferring shares across borders or between shareholders, the Reserve Bank of India and tax authorities may ask for certified valuations to make sure everything is at market rates. Even routine financial audits can trigger a valuation requirement.
For instance, if you’re granting shares to a new investor or converting convertible notes into equity, officials will want proof that the share price isn’t rigged to dodge taxes.
In short, doing a proper share valuation keeps you on the right side of financial regulations and avoids penalties or legal headaches.
Reason 4 - ESOPs & Employee Plans
Modern companies often offer employees ownership stakes through stock option plans (ESOPs) or share grant programs.
When you do this, you need a share valuation so you know how much the options are really worth to your employees and how much tax the company owes. In fact, in India, the valuation of shares for ESOPs is a legal requirement to ensure fair compensation.
A reliable valuation protects both sides: employees get the true value of the shares they’re promised, and the company fulfills its tax reporting duties. Without it, you might under- or overvalue employee equity, leading to disputes or fines.
So if you plan to use shares to motivate your team, share valuation is a must.
Top 10 Share Valuation Firms in India
1 - MyValuation
At MyValuation, we’re a specialized Indian valuation firm dedicated to helping startups, SMEs, and growing businesses truly understand—and enhance—their worth.
Founded and led by CA Parth Shah, an IBBI Registered Valuer, our team brings over 25 years of combined advisory experience across industries and sectors.
With offices in Bangalore and Ahmedabad, we blend deep financial modeling expertise (DCF, market comparables, and asset-based approaches) with sharp industry benchmarking to deliver accurate, defensible share valuations.
We’re known for:
- Tailored approaches — you’ll work with a dedicated valuation expert who learns your business inside out.
- Transparent methodology — every assumption and calculation is documented so you fully understand your report.
- Fast turnaround — preliminary valuations in as little as 5 business days, full reports in 10–14 days.
- Ongoing support — post-report consultations, virtual CFO check-ins, and dashboard access for periodic updates.
Core Services:
- Business & Startup Valuation (for fundraising and investor readiness)
- Financial Modeling & DCF Valuation
- ESOP & Sweat Equity Valuation
- Valuation for Mergers, Acquisitions & Strategic Deals
- Fairness Opinions & Regulatory Compliance
- Intangible Asset & IP Valuation
- Convertible Instruments Valuation (CCPS, OCD, etc.)
- Valuation for FEMA, Income Tax, and Companies Act Compliance
- Virtual CFO & Strategic Financial Advisory
Website URL:
2 - RBSA Advisors
RBSA Advisors is a leading independent transaction advisory firm in India.
They have broad experience with companies of all sizes and across industries. Their expert team provides valuation and finance services that help businesses make key decisions.
In fact, RBSA describes itself as “a leading independent Transaction Advisory firm with service offerings including share valuation.
Core Services:
- Valuation Services (fair market valuations for equity)
- Investment Banking & M&A Advisory (merger/demerger support)
- Restructuring & Due Diligence (financial restructuring, audit)
- Transaction Tax & Risk Advisory (tax structuring, risk management)
- Litigation Support (valuation for legal disputes)
3 - ValAdvisor
ValAdvisor is a boutique valuation and financial advisory firm. Its team of experienced professionals (with CFA, CPA, and MBA backgrounds) specializes in complex valuation work.
They emphasize rigorous analysis for every assignment.
The firm specializes in determining the business valuation or asset valuation for transactional, accounting, taxation, regulatory, and financing purposes.
Core Services:
- Business & Asset Valuation (transactions, M&A, buyouts)
- Tax & Compliance Reporting (fair value reporting for tax and audit)
- Financial Reporting Valuation (for accounting standards)
- Complex Securities Valuation (stock options, convertibles, derivatives)
- Investor Pitchbooks & Profile Services (materials for fundraising)
4 - Valuation India
Valuation India is one of the top valuation companies in the country.
They pride themselves on serving a diverse clientele, from startups to large corporations. Their team of valuation experts uses customized methods to fit each business, ensuring accurate and defendable valuations.
In a nutshell, Valuation India is one of the top valuation companies in India, rendering a range of services, including business valuation services and startup valuation services to clients.
Core Services:
- Business & Startup Valuations (enterprise value, DCF, comparables)
- Intangible Asset Valuations (brands, patents, goodwill)
- M&A & Restructuring Valuations (merger/demerger, fairness opinions)
- ESOP & Sweat Equity Valuations (employee share schemes)
- Regulatory Valuations (SEBI/stock exchange, RBI remittance, tax)
5 - Resurgent India Limited
Resurgent India Limited is a well-known investment banking and advisory firm.
It is a SEBI-registered Category-I Merchant Banker with strong expertise in valuations. The firm handles deals, capital markets, and, of course, valuation assignments. They have mastered the art of valuation services and offering a wide range of financial services.
Resurgent’s seasoned professionals apply valuation techniques to complex transactions and corporate finance needs.
Core Services:
- Business Valuations
- ESOP/Stock Option Valuations
- Intangible Asset Valuations
- Regulatory Valuations
6 - Stanfox KPO Solutions
Stanfox KPO Solutions is an Indian firm offering a broad range of financial and accounting services. Among these, they provide specialized valuation services.
They work with startups, CPA firms, and businesses needing expert analysis.
Stanfox highlights key valuation offerings, indicating the firm’s focus on share and business valuation needs.
Core Services:
- Business Valuation Service (accurate valuation of companies)
- Startup Valuation Service (tailored solutions for young companies)
- ESOP Valuation Service (expert valuation for employee stock plans)
- IBBI-Registered Valuation Service (official valuations by licensed valuers)
7 - Prequate Advisory
Prequate Advisory is a strategic finance and business advisory firm.
They help companies with corporate finance, CFO office functions, and performance management, in addition to valuation tasks. Their consultants often advise on how valuation ties into your overall business strategy.
While specific details are limited in public sources, Prequate is known for deep financial analysis and helping businesses plan their growth (including valuation exercises when needed).
Core Services:
- Business Valuation & Planning (strategic valuation exercises)
- M&A & Investment Banking Advisory (deal structuring and valuation)
- CFO & Financial Strategy Services (budgeting, forecasting, valuation models)
- Performance Finance Advisory (financial metrics, value drivers)
8 - AKM Global
AKM Global is a large accounting and advisory firm headquartered in Gurgaon, India.
It has decades of experience (over 44 years) serving domestic companies and multinational clients.
AKM Global offers end-to-end financial services, including valuations. They have a team of over 700 professionals and have been consistently ranked among the top Indian advisory practices.
Because of their scale, AKM can handle complex valuations that tie into tax, audit, or international expansions.
Core Services:
- Business Valuation & Financial Modeling (for transactions and reporting)
- Mergers & Acquisitions Advisory (due diligence, deal advice)
- Due Diligence Services (financial and tax diligence)
- Virtual CFO & Accounting Support (bookkeeping, financial control)
- Tax & Regulatory Consulting (transfer pricing, GST, compliance)
9 - ValueQuotient Advisors LLP
ValueQuotient Advisors LLP is a boutique advisory firm that focuses on valuation and corporate finance.
Although smaller, they bring specialized attention to each client. They typically serve mid-market companies and help with transactions and compliance.
The firm’s professionals are skilled at analyzing businesses to determine fair share values, especially for investment or regulatory needs.
Core Services:
- Business & Share Valuations (for fund-raising, taxation, and reporting)
- M&A Advisory & Fairness Opinions (valuation advice in deals)
- Financial Modeling & Analysis (DCF and sensitivity models)
- Due Diligence Support (backing valuation assumptions in audits)
10 - Crescore Valuation Advisors
Crescore Valuation Advisors (often associated with Crescore Capital) is a global investment management and advisory firm.
Though based in the US, they have expertise that Indian businesses can tap. In addition to serving as an outsourced investment office, they provide corporate valuation and strategy services.
You might encounter Crescore if you’re dealing with foreign investment or require a sophisticated valuation approach.
Core Services:
- Equity Valuation & Analysis (portfolio and company valuations)
- Investment Advisory & OCIO Services (outsourced investment office)
- Business Consulting (strategic planning, financial assessment)
- Tax & Estate Planning (for international clients)
How to Choose the Right Share Valuation Firm?
Picking the right valuation partner can feel daunting, but here are some friendly tips to guide you:
- Look for Experience and Reputation - Choose a firm known for valuation work. Check how long they’ve been in business and ask for client references. Firms with a track record in your industry are a plus.
- Check Qualifications - In India, official valuations (for tax or legal purposes) must be done by registered valuers (as per the Companies Act). Make sure the firm has certified valuers or chartered accountants experienced in valuations.
- Review Their Methods - Ask what valuation approaches they use. Good firms will explain whether they use market comparables, DCF, book value methods, etc., and why. You want transparent, well-documented methods.
- Industry Expertise - Some valuers specialize in tech startups, others in manufacturing, etc. Pick one who understands your business model, so they account for your specific value drivers.
- Communication and Support - You’ll be working closely with this firm. Look for clear communication, reasonable turnaround time, and willingness to walk you through the report. Valuations can be complex, so you want a team that makes it easy to understand.
- Cost and Independence - Get fee estimates upfront and confirm they’ll act objectively (no conflict of interest). The cheapest quote isn’t always best if it skimps on quality. You want a fair price for a thorough job.
By considering these factors, you’ll definitely find a share valuation firm that fits your needs and gives you confidence in the final number.
Conclusion
Ultimately, understanding and knowing your company’s share value is vital, and choosing the right partner makes all the difference.
If you’re looking for expert help, MyValuation stands out as one of India’s leading share valuation firms.
Our team of qualified valuers specializes in startup and business valuations, ESOP pricing, and fundraising support. They take the time to understand your specific situation and use transparent methods to calculate fair share value.
With MyValuation’s guidance, you can confidently face investors, regulators, or any transaction knowing the numbers are right.
Ready to get started?
Schedule a free consultation with MyValuation to discuss your share valuation needs – they’ll help you find clarity on your company’s worth.
