Fund raising compliance

Every funding round needs board and shareholder approvals, a valuation, a compliant offer, allotment within the time limit and filings with the MCA, and with the RBI where investors are foreign. We run the company-law side of the round from term sheet to share certificates, so the round closes on time and stands up to the next investor's due diligence.

What we handle

• Private placement and preferential allotment of equity shares, CCPS and CCDs
• Convertible notes for eligible startups
• Board and shareholder resolutions, explanatory statements and offer letters (PAS-4)
• Coordination with the registered valuer and the investor's lawyers
• Allotment, return of allotment (PAS-3), MGT-14 and SH-7 filings
• Dematerialisation of shares and credit to investors' demat accounts
• Updating statutory registers and the cap table
• Rights issues and bonus issues

What we usually need from you

• Signed term sheet and investor details
• Latest financial statements and current cap table
• Investor KYC and demat account details

Frequently asked questions

How long does a funding round take on the compliance side?

Once the term sheet is signed and documents are agreed, the approvals, offer and allotment usually take a few weeks. For a private placement, the legal time limits that matter most are allotment within 60 days of receiving the money and filing the return of allotment within 15 days of allotment.

Do private companies need to issue shares in demat form?

Private companies that are not small companies must issue securities only in dematerialised form, and their existing shareholders must hold shares in demat form before subscribing. We can confirm whether this applies to your company.