Our Services

Valuation

PGAS & Associates provides certified, independent valuation services in line with Indian standards and regulations, supporting compliance, mergers, and strategic decisions.

Precision. Transparency. Compliance.

Valuation is more than just numbers β€” it’s about understanding the true worth of a business, asset, or transaction. Whether for regulatory compliance, mergers, fundraising, or strategic decision-making, an accurate valuation provides clarity, confidence, and credibility.

At PGAS & Associates, we provide independent, objective, and professionally certified valuation services in accordance with Indian Valuation Standards (IVS), Companies Act, 2013, and Income Tax Rules.

Our experienced team of Registered Valuers (IBBI), Chartered Accountants, and financial analysts apply advanced valuation methodologies to help clients make informed decisions and meet statutory and strategic requirements.

Our Litigation & Representation Services

1. Business Valuation

Understanding the intrinsic value of your business is crucial for growth, investment, and restructuring. We conduct in-depth analysis of financial performance, assets, cash flows, and market dynamics.

Our Business Valuation services include:

  • Valuation for Mergers, Acquisitions & Demergers
  • Purchase Price Allocation (PPA) under Ind AS 103
  • Valuation for Investment/Disinvestment decisions
  • Valuation for Group Restructuring and Capital Reduction
  • Fairness Opinions for Shareholder/Board Approval
  • Goodwill and Intangible Asset Valuation

Valuation Methodologies Applied:

  • Discounted Cash Flow (DCF)
  • Comparable Companies Multiples
  • Net Asset Value (NAV) / Adjusted Book Value
  • Earnings and Market Approach

2. Share & Equity Valuation

Share valuation is critical for private equity transactions, ESOP issuance, and share transfers.

We provide valuations for both listed and unlisted entities ensuring full regulatory compliance.

Services Include:

  • Valuation under Companies Act, 2013 (Rule 11UA/11UAA)
  • Valuation under Income Tax Act and FEMA regulations
  • Issue or transfer of shares between residents and non-residents
  • Valuation for ESOPs / Sweat equity
  • Convertible securities and preference share valuation
  • Fair Market Value (FMV) reporting for compliance and taxation

All valuations are supported by detailed reports and working papers meeting the requirements of MCA, RBI, SEBI, and Income Tax authorities.

3. Startup & Fundraising Valuation

Startups need valuation support for funding, investor negotiations, and equity structuring.

Our startup valuation team understands the unique challenges of early-stage ventures and applies appropriate models for fair valuation.

We assist with:

  • Pre-money and post-money valuations
  • Fundraising support for angel, venture capital, and private equity rounds
  • Valuation under DPIIT and FEMA for foreign investments
  • ESOP structuring and option pricing
  • Preparation of Pitch Decks and Financial Projections for investors

Common Valuation Methods Used:

  • DCF (Discounted Cash Flow)
  • Berkus / Risk Factor Summation Method
  • Comparable Transaction Analysis
  • Venture Capital Method

4. Regulatory & Compliance Valuation

We ensure that all valuations meet the standards prescribed under Indian corporate and tax regulations.

We provide valuations under:

  • Companies Act, 2013 (for mergers, demergers, capital restructuring)
  • Income Tax Act, 1961 (Section 50CA, 56(2)(viib))
  • FEMA & RBI Guidelines (foreign investment / share transfer pricing)
  • SEBI Regulations (IPO / preferential allotment / takeover)
  • IBC, 2016 (valuation for insolvency and liquidation)

Each valuation report is backed by supporting assumptions, sensitivity analysis, and independent professional certification.

5. Asset & Intangible Valuation

Valuing tangible and intangible assets helps companies understand the full picture of their net worth and financial strength.

We undertake:

  • Fixed Asset Valuation (Plant & Machinery, Real Estate)
  • Intangible Valuation (Patents, Trademarks, Brands, Goodwill)
  • Impairment testing under Ind AS 36
  • Purchase price allocation for mergers and acquisitions
  • Valuation for insurance and financing

6.Transaction & Fairness Opinion

During complex M&A or restructuring deals, independent fairness opinions ensure transparency and stakeholder confidence.

Our services include:

  • Fairness opinion for mergers, buybacks, or share swaps
  • Valuation review and second opinion for investors and boards
  • Advisory on pricing negotiations and swap ratios
  • Financial modeling and scenario analysis

Our Approach

At PGAS & Associates, our valuation process is structured, transparent, and evidence-based:

  • Understanding the Objective – Define the purpose and context of valuation
  • Data Collection & Analysis – Review financials, market trends, and projections
  • Methodology Selection – Choose suitable valuation approach
  • Valuation Modeling & Computation – Apply models using validated assumptions
  • Reporting & Certification – Issue valuation report with clear rationale and disclosures

Industries We Serve

Manufacturing & Engineering

Real Estate & Construction

IT & SaaS Startups

Pharmaceuticals & Healthcare

Trading & Distribution

Education & Non-Profit Organizations

Financial Services & Fintech

Why Choose PGAS & Associates?

Registered Valuers & Chartered Accountants under IBBI

Independent & Compliant Reports adhering to Indian Valuation Standards

Sector-Specific Expertise across diverse industries

Transparent & Defensible Methodologies with complete documentation

End-to-End Support for transaction, regulatory, and investor requirements

Our Deliverables

Certified Valuation Report (IBBI-registered valuer format)
Fairness Opinion / Second Opinion Report
Valuation Summary & Working Files
Financial Projection & Assumption Sheets
Regulatory Compliance Certificate

Value Beyond Valuation

At PGAS & Associates, our valuation philosophy goes beyond regulatory requirements.
We help clients understand what drives value, how to enhance it, and how to communicate it effectively to investors, regulators, and stakeholders.

Whether you’re merging, fundraising, or restructuring β€” our experts deliver valuations that are credible, defendable, and compliant.

Contact us today