Consult Us
Consult Us
ROI

Our Solutions

  • Startup & Early-Stage Business Valuations
  • IRC Section 409A Valuations (U.S. Equity Stock Options)
  • IRC Section 2512 – Gift Valuations
  • Estate Tax Valuations (Sections 2031 & 2035)
  • Cross-Border Structuring & Holding/Subsidiary Analysis
  • FEMA Valuation Reports (Inbound & Outbound Capital transfers)
  • ESOP Pool Design & Option Pricing Models (Black-Scholes, Binomial)
  • Purchase Price Allocation (PPA) / Intangible Asset Valuations
  • Merger, Acquisition & Joint Venture Appraisals
  • Income Tax Act Valuation Reports (Rule 11UA)
  • Fairness Opinions & Board Valuation Advisory
  • Asset Impairment Valuations (IAS 36 / ASC 350)

Why Professional Valuations Matter?

Whether setting up an ESOP pool, executing cross-border transactions, or raising venture capital, an inaccurate valuation can trigger heavy tax penalties and investor pushback. Our experts combine deep market insights and compliant models to keep you protected.

  • 100% Defensible Certified Valuation Reports.
  • Strict Adherence to IBBI, ICAI, and USPAP Standards.
  • Regulatory-compliant 409A Valuations for U.S. Entities.
  • Accurate, Fully Modeled ESOP Equity Accounting.
  • Compliant FEMA Appraisals for Foreign Capital Transfers.
  • Proactive Defense of Valuation Models During Audit Audits.
FEMA READY
How It Works

Simplified 4-Step Valuation Process

Scope & Diagnostics

We define the appraisal objective, analyze the corporate structure, evaluate history, and retrieve projections.

01
Scope & Diagnostics
Financial Modeling

Our experts scrub projection models, evaluate growth assumptions, and align industry comparables.

02
Financial Modeling
Appraisal Execution

We apply DCF, guideline public company comparables, and option pricing models (OPM) to value individual stock classes.

03
Appraisal Execution
Report & Certification

We draft the final certified valuation report, sign off as IBBI Registered Valuers, and assist with audit reviews.

04
Report & Certification
Our Leadership

Global Financial Leaders
& Advisory Experts

Dheeraj Khandelwal, FCA
Co-Founder
dhiraj@cbsbharat.com
Piyush Patni, FCA, ACS, DISA
Co-Founder
piyush@cbsbharat.com
Shailendra Dadhich, FCA
Co-Founder
shailendra@cbsbharat.com
Pawan Kumar Gupta, FCA
Senior Business Consultant
hello@cbsbharat.com
Vivek Saraogi, FCA, ACA (ICAEW)
Associate Partner – UK
hello@cbsbharat.com
Rakesh Jain, FCA, CPA (USA)
Associate Partner – USA
hello@cbsbharat.com
Zeal Karwa, CVA
Associate Partner – Valuation
hello@cbsbharat.com
Pratik Dhanesha, CPA
Associate Partner – New York
hello@cbsbharat.com
Chirag Agarwal, ACA
Associate Partner – Dubai
hello@cbsbharat.com
Sunil Kanchhal, HKICPA, CPA (USA), CPA (AUS), FCA (India)
Associate Partner – Hongkong
hello@cbsbharat.com
Our Leadership

Global Financial Leaders & Advisory Experts

Dheeraj Khandelwal, FCA
Co-Founder
dhiraj@cbsbharat.com
Piyush Patni, FCA, ACS, DISA
Co-Founder
piyush@cbsbharat.com
Shailendra Dadhich, FCA
Co-Founder
shailendra@cbsbharat.com
Pawan Kumar Gupta, FCA
Senior Business Consultant
hello@cbsbharat.com
Vivek Saraogi, FCA, ACA (ICAEW)
Associate Partner – UK
hello@cbsbharat.com
Rakesh Jain, FCA, CPA (USA)
Associate Partner – USA
hello@cbsbharat.com
Zeal Karwa, CVA
Associate Partner – Valuation
hello@cbsbharat.com
Pratik Dhanesha, CPA
Associate Partner – New York
hello@cbsbharat.com
Chirag Agarwal, ACA
Associate Partner – Dubai
hello@cbsbharat.com
Sunil Kanchhal, HKICPA, CPA (USA), CPA (AUS), FCA (India)
Associate Partner – Hongkong
hello@cbsbharat.com
Our Clients

Trusted by Reputed Companies
& Global Entities

Why Choose CBS Bharat?

Your Trusted Partner for Seamless Business Setup, Compliance, and Accelerated Growth

Create|Build|Sustain

Our Key Advantages

  • Global Expertise & Network
  • Cross-Border Advisory
  • Technology-Driven Operations
  • Compliance-Focused
  • Experienced Leadership
  • Scalable Offshore Delivery
Faq Section

Frequently Asked Questions

Expand All/Collapse All

Valuation Services involve calculating the fair market value of an entire business, startup, or specific equity asset class. You need an official valuation report during capital raising rounds, when issuing employee stock options (ESOPs), during cross-border mergers, or when complying with local tax and foreign exchange rules (FEMA).

An IRC Section 409A valuation is an independent appraisal of the fair market value (FMV) of a private company's common stock. Under U.S. tax law, startups must issue employee stock options (ESOPs) with a strike price at or above this FMV. Failing to get a compliant 409A report can trigger massive tax penalties and legal issues for employee option holders.

Yes. We design end-to-end employee stock option plans (ESOPs) and calculate option values using advanced pricing methodologies (like Black-Scholes and Binomial Option Pricing Models). We also prepare compliant equity-settled compensation accounting reports under IFRS 2 / Ind AS 102.

Under FEMA guidelines, any share transfer or share issue between an Indian resident and a non-resident (and vice versa) must happen at or above a calculated 'fair value'. An Indian company receiving foreign direct investment (FDI) must submit a FEMA valuation report signed by an IBBI Registered Valuer within 30 days of share allotment.

We use globally accepted methodologies tailored to your business stage. This includes the Income Approach (Discounted Cash Flow method), the Market Approach (Guideline Public Company and Transaction Multiples methods), and the Cost Approach (Adjusted Net Asset Method). For complex equity classes, we leverage the Option Pricing Method (OPM) to distribute value.

Absolutely. Our models, assumptions, and comparables are structured with extreme transparency, referencing verified market data (like Bloomberg, CapitalIQ, and public company reports). We support our valuation findings proactively during audits by external Big-4 auditors and domestic tax authorities.
CBS Bharat | Professional Valuation Services