Full-stack financial infrastructure.
Eleven practice areas — from incorporating a company in India or abroad, to raising capital, going public, managing FEMA, and running a virtual CFO desk. One partner, the full bench of DRSPV & Associates behind every engagement.
IPO Advisory — SME & Mainboard
End-to-end IPO consultancy — from first board memo to the opening bell. Primary practice.
Discuss this engagement- 01
SME IPO Consulting (BSE SME · NSE Emerge)
Full-journey advisory for listings typically between ₹10 Cr and ₹100 Cr. Eligibility, DRHP, merchant banker onboarding, exchange coordination and listing-day execution.
- 02
Mainboard IPO Consulting (BSE · NSE)
SEBI ICDR-compliant listings above ₹100 Cr. Offer structure, valuation, pricing, anchor book and the full regulatory lift.
- 03
DRHP / RHP Drafting & Review
Financial sections, risk factors, MD&A, restated financials, related-party disclosures and tax notes. We draft it or we review what your counsel drafted.
- 04
Merchant Banker Coordination
We sit between you, the BRLM, legal counsel and the exchanges — so you run the business, not the filing.
- 05
IPO Readiness Assessment
18-24 months ahead of filing — diagnostic on financials, governance, related parties, promoter holdings and audit history. Honest report on what needs fixing before we file.
- 06
Pre-IPO Structuring
Bonus issues, share splits, founder buybacks, promoter lock-in planning, ESOP hygiene and clean-up — the 12-24 months before filing are where the IPO is won or lost.
- 07
Pre-IPO Placement & Anchor Round
Private placements immediately before the IPO — anchor investors and cornerstone round coordination.
- 08
Listing-Day Execution
Coordinating between BRLM, RTA, exchanges and banks to close subscription, allot shares and list on schedule.
- 09
Post-Listing SEBI LODR Compliance
Quarterly filings, board composition, insider trading code, corporate governance and related-party disclosures. The ongoing work of being a listed company.
- 10
QIP · Rights Issue · FPO
Follow-on fundraising for already-listed companies — institutional placements and rights issues.
- 11
Buyback · Delisting · Takeover Code
Exits, consolidation and strategic change-of-control transactions under SEBI SAST and Buyback regulations.
Startup Consultancy
Full-stack consultancy for founders from day zero to Series B. Primary practice.
Discuss this engagement- 01
Entity Structuring & Incorporation
Private Limited, LLP, OPC or holdco — picking the right vehicle for your funding path, tax position and future exit. MCA incorporation end-to-end.
- 02
Startup India · DPIIT Recognition
Unlock Section 80-IAC three-year tax holiday, angel tax exemption under Section 56(2)(viib), and easier government procurement.
- 03
Co-Founder Agreements & Vesting
The documents that prevent the next five years of pain — shareholders' agreement, IP assignment, vesting schedules and reverse vesting for founder equity.
- 04
Cap Table Design & ESOP Pool
Designing the cap table from inception so it survives three rounds of dilution without destroying founder equity. ESOP pool sizing, grant policy and accounting.
- 05
Financial Model & Pitch Deck
Not templates — a model that survives investor diligence and a deck that tells the right story. Iterated with you, not delivered as a file.
- 06
Investor Readiness & Diligence Prep
Data room, clean financials, ESOP hygiene, related-party disclosures, tax position — ready before the first investor asks.
- 07
Valuation for Fundraise (Rule 11UA)
Angel-tax-compliant valuation reports under Rule 11UA — DCF, NAV or M&M method. Every round, ahead of the next.
- 08
Founder Tax Planning
Section 80-IAC, capital gains on share sales, ESOP taxation and the structuring that compounds over a decade.
- 09
Monthly Advisory Retainer
For founders who want a fixed seat at the table — monthly strategy call, decision-level review and finance function oversight.
- 10
Pre-IPO Advisory (5-Year Horizon)
For founders who eventually want to go public — structuring the company from Series A onwards so the SME IPO is open at Series C/D.
Fundraising & Capital Raising
From a clean cap table to a signed term sheet — the full fundraising stack.
Discuss this engagement- 01
Angel & Seed Rounds
SAFEs, CCDs, CCPS — picking the right instrument and the right valuation for the stage.
- 02
VC (Series A · B · C · D)
Priced rounds, liquidation preferences, board composition, anti-dilution — negotiated line by line.
- 03
Private Equity & Growth Capital
Larger rounds with operational rights, put/call options, and buyback mechanics.
- 04
Venture Debt & Revenue-Based Financing
Non-dilutive capital where it actually makes sense.
- 05
Convertible Instruments (SAFE · CCD · CCPS)
Drafting, negotiation and cap-table modeling across every convertible format.
- 06
Term Sheet Review & Negotiation
Line-by-line review — I flag what matters and negotiate the three things that will cost you later.
- 07
Pitch Deck & Financial Model
Not templates — custom models that survive investor scrutiny.
- 08
Investor Readiness & Due Diligence Support
Clean data room, audited numbers, ESOP hygiene — ready before investors ask.
- 09
Cap Table Design & Management
Avoiding the common mistakes that destroy founder equity over three rounds.
- 10
Investor Introductions & Fundraising Strategy
Warm intros to the right angels, VCs and family offices — when the deck and numbers are ready.
Foreign Incorporation & Global Setup
Setting up abroad is 10% paperwork and 90% structure. Built right the first time.
Discuss this engagement- 01
USA — Delaware C-Corp / LLC
Preferred vehicle for SaaS, AI and global startups raising US capital. Incorporation, EIN, bank account and registered agent.
- 02
UAE — Mainland · Freezone · Offshore
DMCC, IFZA, RAKEZ, DIFC, ADGM — we pick the jurisdiction based on the business, not the brochure.
- 03
Singapore — Private Limited
Ideal holding company for Indian startups raising global capital. ACRA incorporation, nominee director (if needed), and bank setup.
- 04
United Kingdom — Limited Company
Companies House incorporation, VAT registration and banking setup.
- 05
Cayman Islands · BVI · Mauritius
Specialty SPV jurisdictions for fund structures and international holdings.
- 06
Flip Structures (India → US / Singapore)
Re-domiciling Indian startups for global fundraises. Share swaps, ODI approval, FEMA compliance — all handled.
- 07
Foreign Subsidiary (India → Abroad)
Indian company setting up operations overseas — ODI filing, compliance, and ongoing reporting.
- 08
Branch · Liaison · Project Office (India)
Foreign companies entering India — RBI approval, FEMA filings and ROC registration.
- 09
Global Banking Setup
Mercury, Brex, Wise, Airwallex — opening operational accounts for foreign entities.
- 10
EOR · Global Payroll · Contractor Compliance
Hiring globally without incorporating — legally.
Tax Advisory & Compliance
Tax is a design choice, not an afterthought. Structured early, compounded forever.
Discuss this engagement- 01
Income Tax Return Filing
Individuals, firms, companies — with optimisation, not just compliance.
- 02
Tax Planning & Structuring
Holding structures, family arrangements, and entity choice for long-term tax efficiency.
- 03
GST Registration · Returns · Refunds · Audits
Full GST lifecycle including export refunds, ITC reconciliation and LUT filings.
- 04
TDS / TCS Compliance
Quarterly returns, certificate generation, correction filings and Section 197 applications.
- 05
Transfer Pricing
Benchmarking, TP study, Form 3CEB and CbCR filings for related-party international transactions.
- 06
International Taxation & DTAA
Treaty benefits, PE analysis, withholding tax, and foreign tax credits.
- 07
NRI / OCI Taxation
Residency determination, RNOR, foreign income disclosures and repatriation.
- 08
Expatriate Taxation
Inbound and outbound secondments, tax equalisation and social security.
- 09
Crypto · VDA Taxation
Section 115BBH, TDS under 194S, and planning under the new VDA regime.
- 10
Tax Litigation & Assessments
Representations before AO, CIT(A), ITAT — and Section 148 reassessments.
FEMA & Cross-Border Advisory
Cross-border is where deals quietly die. Clean FEMA is the price of entry.
Discuss this engagement- 01
FDI Inflow · FC-GPR Filing
Foreign investment into Indian entities — SMF portal filings, valuation compliance and reporting.
- 02
ODI Outflow · Form ODI · APR
Indian companies investing abroad — overseas direct investment compliance end-to-end.
- 03
External Commercial Borrowing (ECB)
RBI-compliant foreign borrowings, automatic and approval routes, end-use restrictions.
- 04
Compounding of FEMA Contraventions
Cleaning up past non-compliance — typically before a fundraise or exit.
- 05
NRI / OCI Investments in India
PIS, NRE/NRO, repatriation, LRS outward remittance and property transactions.
- 06
Cross-border M&A
Indian entities acquiring or being acquired by foreign buyers — FEMA, regulatory and tax structuring.
- 07
LRS & Outward Remittance Advisory
Personal and corporate remittance planning under the ₹2.5 Lakh p.a. and higher limits.
- 08
Foreign Subsidiary Reporting
Annual Performance Report, FLA return, and ongoing FEMA compliance.
- 01
Statutory Audit (Companies Act)
Standalone and consolidated audits under Ind-AS / Indian GAAP.
- 02
Tax Audit (Section 44AB)
Form 3CA/3CB, 3CD — with all the disclosure items founders usually miss.
- 03
Internal Audit
Process, control and risk-based internal audit for growing companies.
- 04
GST Audit & Reconciliation
GSTR-9, 9C reconciliation and turnover-based audit.
- 05
Forensic Audit
Suspected fraud, related-party abuses and investor-mandated forensic reviews.
- 06
Due Diligence (Buy-side · Sell-side)
Pre-transaction financial, tax, and commercial DD. Crisp red-flag memos.
- 07
Concurrent · Bank · Stock Audit
Specialised audits for banks, NBFCs and lender-mandated inspections.
- 08
Management & Operational Audit
Performance-driven reviews for operational efficiency and cost control.
Corporate & ROC Compliance
The quiet infrastructure that investors check before signing a term sheet.
Discuss this engagement- 01
Annual ROC Filings
AOC-4, MGT-7, DPT-3, MSME-1 — every company, every year.
- 02
Director & DIN Compliance
Appointments, resignations, DIR-3 KYC, disqualification checks.
- 03
Share Allotment · Transfer · Buyback
PAS-3, SH-4, valuation compliance for every cap-table event.
- 04
ESOP Plan Drafting & Administration
Scheme design, 2013 Act compliance, grant letters, vesting and exercise accounting.
- 05
Charge Creation & Satisfaction (CHG-1, CHG-4)
For every secured lending transaction.
- 06
Secretarial Audit & Compliance Review
Section 204 secretarial audit and voluntary compliance health-checks.
- 07
Board & Governance Advisory
Committee structures, charters, board calendars and minute-book hygiene.
- 08
Winding Up · Strike-off · Dormant Status
Closing or pausing entities cleanly — STK-2, DRC-6 and final liquidation.
Valuation & Advisory
The right number, with a defensible method and a report that holds up to scrutiny.
Discuss this engagement- 01
Business Valuation (IBBI)
Registered Valuer reports under Companies Act, Income Tax and IBC.
- 02
Share / Equity Valuation
Rule 11UA, DCF, market multiple — for fundraises, ESOPs, and related-party transactions.
- 03
ESOP Valuation (Section 17(2))
Perquisite valuation at grant and exercise dates.
- 04
409A Valuation (US-linked entities)
For Indian companies with US employees or US holding structures.
- 05
Purchase Price Allocation (PPA)
Post-acquisition identification and valuation of intangibles and goodwill.
- 06
Impairment Testing
Annual Ind-AS 36 impairment testing for goodwill and intangible assets.
- 07
Startup Valuation Reports
Angel-tax-compliant valuations for every fundraise — ahead of the next round.
Virtual CFO & Strategic Finance
The finance function your company needs — without the full-time hire.
Discuss this engagement- 01
Virtual CFO Engagement
Monthly retainer with owned ownership of the finance function — close, MIS, board reporting and strategy.
- 02
Financial Planning & Analysis (FP&A)
Budgets, forecasts, variance analysis, scenario planning.
- 03
MIS & Dashboard Design
Executive dashboards that show the numbers that actually drive decisions.
- 04
Cash Flow Management
13-week cash forecast, working-capital optimisation and burn-rate analysis.
- 05
Board & Investor Reporting
Monthly investor updates, board decks and KPI tracking for VC-backed companies.
- 06
Internal Controls & Finance SOPs
Designing controls that scale from 5 people to 500.
- 07
Revenue Recognition (Ind-AS 115)
Policy design for SaaS, services, and multi-element arrangements.
- 08
Cost & Profitability Analysis
Unit economics, cohort margins and segment-level P&L design.
Corporate Restructuring
Sometimes the structure is the strategy. We fix it before it fails.
Discuss this engagement- 01
Mergers & Amalgamations
Scheme under Sections 230-232, NCLT process, regulatory and tax structuring.
- 02
Demergers
Carving out a business — tax-neutral under Section 2(19AA) of the Income Tax Act.
- 03
Slump Sale (Section 2(42C))
Business transfer as a going concern — with tax optimization.
- 04
Scheme of Arrangement
Complex multi-entity reorganisations approved by NCLT.
- 05
Asset Sale vs Share Sale Advisory
Picking the right exit structure for tax and regulatory efficiency.
- 06
Holding Company Restructuring
Introducing a holdco, moving subsidiaries, and family-office structures.
- 07
Group Reorganisation
Consolidating or splitting group entities for cleaner governance.
- 08
Cross-border Restructuring
India → foreign parent conversions, reverse flips, and repatriation planning.
Not sure which service fits?
Most founders come in with a symptom, not a diagnosis. Send a short note — three sentences is enough. We'll spend a call figuring out the actual problem before scoping anything.