IBBI Registered Valuation Services
Audit-defensible valuation reports prepared by our team of IBBI-registered valuers, for compliance under the Companies Act 2013, Income Tax Act, ESOP, FEMA, SEBI, and IBC.

When a transaction triggers a statutory valuation, the report has to hold up under an auditor's review and a regulator's scrutiny, not just produce a number. Equirium Analytics delivers IBBI registered valuation reports built to that standard: methodology-led, fully documented, and signed by the correctly authorized professional for each framework.
What is an IBBI registered valuation?
An IBBI registered valuation is a valuation prepared by a valuer registered with the Insolvency and Bankruptcy Board of India (IBBI) under the Companies (Registered Valuers and Valuation) Rules, 2017. It is mandatory for specific transactions under the Companies Act 2013 and the IBC, 2016 such as issuing shares on a private-placement basis, mergers and schemes, related-party transactions, and insolvency resolution and cannot be replaced by an internal or informal estimate. At Equirium Analytics, these reports are delivered by our team of IBBI-registered valuers.
Our IBBI Regulatory Valuation Services
Each engagement is routed to the correctly authorised professional and built to the standard its framework demands.
Private Placement
Valuation
Share valuation compliant with Section 62(1)(c) of the Companies Act 2013, for fresh issues to investors.
Rule 11UA / Income Tax Valuation
Fair market value for transfers of unquoted equity shares and other securities under Rule 11UA.
FEMA / FDI Compliance Valuation
RBI-compliant pricing certificates for inbound and outbound foreign investment, signed by the authorised professional.
ESOP Valuation (Ind-AS 102)
Stock-option valuations for accounting and tax. Compliant with the Companies Act, Income Tax Act, and Ind-AS 102.
SEBI Regulatory Valuation
Valuations meeting SEBI requirements for securities. Preferential allotments, open offers, buybacks, and delisting.
IBC Valuation
Liquidation value and fair value for insolvency resolution, delivered alongside the Resolution Professional.
Which IBBI Valuation Applies to You?
Different transactions are governed by different laws and each prescribes its own basis and its own authorized valuer. The table below maps the most common triggers.
Swipe to see full table
| Your situation | Governing framework | Basis / method | Typically signed by |
|---|---|---|---|
| Issuing shares on a private-placement / preferential basis | Companies Act 2013, Sec 62(1)(c) | DCF / NAV / market approach | IBBI-registered valuer |
| Transfer of unquoted equity shares (income-tax FMV) | Income Tax Act, Rule 11UA | NAV method per Rule 11UA (DCF where applicable) | Merchant banker / registered valuer, as applicable |
| Inbound or outbound FDI pricing | FEMA + RBI pricing guidelines | Internationally accepted, arm's-length methodology | CA / Merchant Banker / Cost Accountant (FEMA Rule 21) |
| Preferential allotment, open offer, buyback, delisting | SEBI (ICDR / SAST / Buyback / Delisting) | Registered-valuer / merchant-banker valuation | Registered valuer / merchant banker, as applicable |
| ESOP / share-based payment accounting | Companies Act 2013, Income Tax Act, Ind-AS 102 | Black-Scholes / Binomial / Monte Carlo | Registered valuer / merchant banker |
Why the signatory changes: the authorised valuer is not the same across frameworks. Equirium routes each engagement to the correctly authorised professional on our team IBBI-registered valuers for Companies Act and IBC work, and a Chartered Accountant who is also an IBBI-registered valuer for FEMA pricing certificates.
Reports that stand up to scrutiny
The reasoning behind the number matters as much as the number itself.
1.
Founder-led, methodology-first
Every report is reviewed by Harsh Patel, a NACVA Certified Valuation Analyst (CVA) with five years' experience across Indian and US engagements so the reasoning, not just the result, stands up.
2.
An IBBI-registered valuer team
Indian regulatory reports are prepared and signed by our team of IBBI-registered valuers, matched to the framework your transaction falls under.
3.
Independent and confidential
We work NDA-first and stay independent of the transaction so that the foundation of a report a regulator will trust.
4.
A 100% acceptance record
Every report we have delivered to date has been accepted by auditors, tax authorities, and regulators. We back each one with query resolution and filing support if questions arise.

About Equirium Analytics
Equirium Analytics is a business-valuation firm based in Gandhinagar, Gujarat, serving Indian and US businesses. Indian regulatory valuations are delivered by our team of IBBI-registered valuers; the firm is led by Harsh Patel, a NACVA Certified Valuation Analyst (CVA). We help startups and established companies assess the fair worth of their business, financial assets, and securities with reports compliant with the framework each engagement requires.
Key Facts About IBBI Valuations
- The IBBI (Insolvency and Bankruptcy Board of India) registers and regulates valuers under the Companies (Registered Valuers and Valuation) Rules, 2017.
- A registered-valuer report is mandatory for specific transactions under the Companies Act 2013 and the IBC, 2016. It cannot be substituted by an internal or director's estimate.
- Valuation reports are date-specific: fair market value reflects a defined valuation date and may need to be refreshed if the transaction date moves materially.
- The same value can be derived under different frameworks, but the authorized signatory and the prescribed standard differ, which is why framework selection matters before the work begins.
- Equirium has delivered 350+ regulatory valuations with a 100% acceptance record with auditors and regulators to date.
Our Process
Six steps from first conversation to a decision-ready, audit-defensible report.
Frequently Asked Questions
Get Your IBBI Registered Valuation Report
Tell us the transaction and we'll route it to the correctly authorised valuer with a 7–10 working-day standard turnaround and a 100% acceptance record to date.

