VALUATION & BIZ MODELLING PROFILE

VALUATION & BIZ MODELLING PROFILE

corporate brouchure_dp.indd 1 28-02-2019 12:44:46

Why ValuationOur process flowKey deliverables of our Valuation ReportOur Valuation Credentials Our Valuation Offerings Appendix 1: Valuation Approaches and MethodologiesAppendix 2: Valuation Methodologies and Value ImpactAbout Corporate Professionals

CONTENTS

WHY VALUATION

Transactions Regulatory Financial Reporting

• Mergers&Acquisitions• FundRaising• SaleofBusiness• Insolvency/Bankruptcy• EmployeeStockOptions• IntrinsicValueAssessment

• ForeignExchange Laws

• IncomeTaxLaw• SEBI/Stock

Exchange Laws• CompanyLaw• Insolvency&BankruptcyCode

• NCLT/Courts

• FairValue(IND AS)

• Impairment/Diminution

• PurchasePriceAllocation

Why ValuationOur process flowKey deliverables of our Valuation ReportOur Valuation Credentials Our Valuation Offerings Appendix 1: Valuation Approaches and MethodologiesAppendix 2: Valuation Methodologies and Value ImpactAbout Corporate Professionals

CONTENTS

WHY VALUATION

TransactionsRegulatoryFinancial Reporting

•Mergers&Acquisitions•FundRaising•SaleofBusiness•Insolvency/Bankruptcy•EmployeeStockOptions•IntrinsicValue

Assessment

•ForeignExchange Laws•IncomeTaxLaw•SEBI/Stock

Exchange Laws•CompanyLaw•Insolvency&

BankruptcyCode•NCLT/Courts

•FairValue(IND AS)•Impairment/

Diminution•PurchasePrice

Allocation

Why ValuationOur process flowKey deliverables of our Valuation ReportOur Valuation Credentials Our Valuation Offerings Appendix 1: Valuation Approaches and MethodologiesAppendix 2: Valuation Methodologies and Value ImpactAbout Corporate Professionals

CONTENTS

WHY VALUATION

Transactions Regulatory Financial Reporting

• Mergers&Acquisitions• FundRaising• SaleofBusiness• Insolvency/Bankruptcy• EmployeeStockOptions• IntrinsicValueAssessment

• ForeignExchange Laws

• IncomeTaxLaw• SEBI/Stock

Exchange Laws• CompanyLaw• Insolvency&BankruptcyCode

• NCLT/Courts

• FairValue(IND AS)

• Impairment/Diminution

• PurchasePriceAllocation

Why ValuationOur process flowKey deliverables of our Valuation ReportOur Valuation Credentials Our Valuation Offerings Appendix 1: Valuation Approaches and MethodologiesAppendix 2: Valuation Methodologies and Value ImpactAbout Corporate Professionals

CONTENTS

WHY VALUATION

TransactionsRegulatoryFinancial Reporting

•Mergers&Acquisitions•FundRaising•SaleofBusiness•Insolvency/Bankruptcy•EmployeeStockOptions•IntrinsicValueAssessment

•ForeignExchange Laws

•IncomeTaxLaw•SEBI/Stock

Exchange Laws•CompanyLaw•Insolvency&BankruptcyCode

•NCLT/Courts

•FairValue(IND AS)

•Impairment/Diminution

•PurchasePriceAllocation

Why ValuationOur process flowKey deliverables of our Valuation ReportOur Valuation Credentials Our Valuation Offerings Appendix 1: Valuation Approaches and MethodologiesAppendix 2: Valuation Methodologies and Value ImpactAbout Corporate Professionals

CONTENTS

WHY VALUATION

Transactions Regulatory Financial Reporting

• Mergers&Acquisitions• FundRaising• SaleofBusiness• Insolvency/Bankruptcy• EmployeeStockOptions• IntrinsicValueAssessment

• ForeignExchange Laws

• IncomeTaxLaw• SEBI/Stock

Exchange Laws• CompanyLaw• Insolvency&BankruptcyCode

• NCLT/Courts

• FairValue(IND AS)

• Impairment/Diminution

• PurchasePriceAllocation

Why ValuationOur process flowKey deliverables of our Valuation ReportOur Valuation Credentials Our Valuation Offerings Appendix 1: Valuation Approaches and MethodologiesAppendix 2: Valuation Methodologies and Value ImpactAbout Corporate Professionals

CONTENTS

WHY VALUATION

TransactionsRegulatoryFinancial Reporting

•Mergers&Acquisitions•FundRaising•SaleofBusiness•Insolvency/Bankruptcy•EmployeeStockOptions•IntrinsicValueAssessment

•ForeignExchange Laws

•IncomeTaxLaw•SEBI/Stock

Exchange Laws•CompanyLaw•Insolvency&BankruptcyCode

•NCLT/Courts

•FairValue(IND AS)

•Impairment/Diminution

•PurchasePriceAllocation

corporate brouchure_dp.indd 2 28-02-2019 12:44:46

Why ValuationOur process flowKey deliverables of our Valuation ReportOur Valuation Credentials Our Valuation Offerings Appendix 1: Valuation Approaches and MethodologiesAppendix 2: Valuation Methodologies and Value ImpactAbout Corporate Professionals

CONTENTS

WHY VALUATION

Transactions Regulatory Financial Reporting

• Mergers&Acquisitions• FundRaising• SaleofBusiness• Insolvency/Bankruptcy• EmployeeStockOptions• IntrinsicValueAssessment

• ForeignExchange Laws

• IncomeTaxLaw• SEBI/Stock

Exchange Laws• CompanyLaw• Insolvency&BankruptcyCode

• NCLT/Courts

• FairValue(IND AS)

• Impairment/Diminution

• PurchasePriceAllocation

Why ValuationOur process flowKey deliverables of our Valuation ReportOur Valuation Credentials Our Valuation Offerings Appendix 1: Valuation Approaches and MethodologiesAppendix 2: Valuation Methodologies and Value ImpactAbout Corporate Professionals

CONTENTS

WHY VALUATION

TransactionsRegulatoryFinancial Reporting

•Mergers&Acquisitions•FundRaising•SaleofBusiness•Insolvency/Bankruptcy•EmployeeStockOptions•IntrinsicValue

Assessment

•ForeignExchange Laws•IncomeTaxLaw•SEBI/Stock

Exchange Laws•CompanyLaw•Insolvency&

BankruptcyCode•NCLT/Courts

•FairValue(IND AS)•Impairment/

Diminution•PurchasePrice

Allocation

Why ValuationOur process flowKey deliverables of our Valuation ReportOur Valuation Credentials Our Valuation Offerings Appendix 1: Valuation Approaches and MethodologiesAppendix 2: Valuation Methodologies and Value ImpactAbout Corporate Professionals

CONTENTS

WHY VALUATION

Transactions Regulatory Financial Reporting

• Mergers&Acquisitions• FundRaising• SaleofBusiness• Insolvency/Bankruptcy• EmployeeStockOptions• IntrinsicValueAssessment

• ForeignExchange Laws

• IncomeTaxLaw• SEBI/Stock

Exchange Laws• CompanyLaw• Insolvency&BankruptcyCode

• NCLT/Courts

• FairValue(IND AS)

• Impairment/Diminution

• PurchasePriceAllocation

Why ValuationOur process flowKey deliverables of our Valuation ReportOur Valuation Credentials Our Valuation Offerings Appendix 1: Valuation Approaches and MethodologiesAppendix 2: Valuation Methodologies and Value ImpactAbout Corporate Professionals

CONTENTS

WHY VALUATION

TransactionsRegulatoryFinancial Reporting

•Mergers&Acquisitions•FundRaising•SaleofBusiness•Insolvency/Bankruptcy•EmployeeStockOptions•IntrinsicValueAssessment

•ForeignExchange Laws

•IncomeTaxLaw•SEBI/Stock

Exchange Laws•CompanyLaw•Insolvency&BankruptcyCode

•NCLT/Courts

•FairValue(IND AS)

•Impairment/Diminution

•PurchasePriceAllocation

Why ValuationOur process flowKey deliverables of our Valuation ReportOur Valuation Credentials Our Valuation Offerings Appendix 1: Valuation Approaches and MethodologiesAppendix 2: Valuation Methodologies and Value ImpactAbout Corporate Professionals

CONTENTS

WHY VALUATION

Transactions Regulatory Financial Reporting

• Mergers&Acquisitions• FundRaising• SaleofBusiness• Insolvency/Bankruptcy• EmployeeStockOptions• IntrinsicValueAssessment

• ForeignExchange Laws

• IncomeTaxLaw• SEBI/Stock

Exchange Laws• CompanyLaw• Insolvency&BankruptcyCode

• NCLT/Courts

• FairValue(IND AS)

• Impairment/Diminution

• PurchasePriceAllocation

Why ValuationOur process flowKey deliverables of our Valuation ReportOur Valuation Credentials Our Valuation Offerings Appendix 1: Valuation Approaches and MethodologiesAppendix 2: Valuation Methodologies and Value ImpactAbout Corporate Professionals

CONTENTS

WHY VALUATION

TransactionsRegulatoryFinancial Reporting

•Mergers&Acquisitions•FundRaising•SaleofBusiness•Insolvency/Bankruptcy•EmployeeStockOptions•IntrinsicValueAssessment

•ForeignExchange Laws

•IncomeTaxLaw•SEBI/Stock

Exchange Laws•CompanyLaw•Insolvency&BankruptcyCode

•NCLT/Courts

•FairValue(IND AS)

•Impairment/Diminution

•PurchasePriceAllocation

corporate brouchure_dp.indd 3 01-03-2019 18:04:55

OURPROCESSFLOW

Planning&DataCollection

• Scopeofwork• Submittheinformationrequestlist

• Businessunderstanding• UnderstandingofmarketandanalysisofBiz

Reporting

• Submitthedraftvaluationworkingsheet

• Confirmationondraftvaluationworkingsheet

• Incorporatethesuggestions

• SubmitthedraftvaluationReport

• Discussthedraftvaluationreport

DataAnalysis&Valuation

• ReviewofAssetsandLiabilities

• Analysisofrevenueandcost

• Completeahighlevelreviewofforecastedassumptions

• IndustryAnalysis,understandingofkeyvaluedriversandlatesttrends

• Reviewvaluationmodel• Valuationanalysis(Income,MarketandAssetApproach)

• AdjustmentsforSurplusAssets,Discount/Premium,Minority/Controltransactionetc.

ProjectClosure

• Submitthefinalreport

1

2

4

3

PROCESSF

LOW

KEYDELIVERABLESOFOURVALUATIONREPORT

Discussiononthedate,purpose,premise,scopeandlimitationsofvaluation

Businessoverviewandgroupoverview

Analysisofhistoricalfinancialstatements

AnalysisoftheBusinessPlan

SummaryofComparableCompaniesandSimilarTransactionMultiplesandperformingFundamentalValueanalysis

1

2

3

4

5

Adescriptionofandjustificationforeachofthevaluationmethodologiesconsideredandultimatelyused

Thevalueconclusions

SupportingExhibits

6 7

8

OURPROCESSFLOW

Planning&DataCollection

•Scopeofwork•Submittheinformation

requestlist•Businessunderstanding•Understandingofmarket

andanalysisofBiz

Reporting

•Submitthedraftvaluationworkingsheet•Confirmationondraft

valuationworkingsheet•Incorporatethe

suggestions•Submitthedraftvaluation

Report•Discussthedraftvaluation

report

DataAnalysis&Valuation

•ReviewofAssetsandLiabilities•Analysisofrevenueand

cost•Completeahighlevel

reviewofforecastedassumptions•IndustryAnalysis,

understandingofkeyvaluedriversandlatesttrends•Reviewvaluationmodel•Valuationanalysis

(Income,MarketandAssetApproach)•AdjustmentsforSurplus

Assets,Discount/Premium,Minority/Controltransactionetc.

ProjectClosure

•Submitthefinalreport

1

2

4

3

PROCESSF

LOW

KEYDELIVERABLESOFOURVALUATIONREPORT

Discussiononthedate,purpose,premise,scopeandlimitationsofvaluation

Businessoverviewandgroupoverview

Analysisofhistoricalfinancialstatements

AnalysisoftheBusinessPlan

SummaryofComparableCompaniesandSimilarTransactionMultiplesandperformingFundamentalValueanalysis

1

2

3

4

5

Adescriptionofandjustificationforeachofthevaluationmethodologiesconsideredandultimatelyused

Thevalueconclusions

SupportingExhibits

67

8

OURPROCESSFLOW

Planning&DataCollection

• Scopeofwork• Submittheinformationrequestlist

• Businessunderstanding• UnderstandingofmarketandanalysisofBiz

Reporting

• Submitthedraftvaluationworkingsheet

• Confirmationondraftvaluationworkingsheet

• Incorporatethesuggestions

• SubmitthedraftvaluationReport

• Discussthedraftvaluationreport

DataAnalysis&Valuation

• ReviewofAssetsandLiabilities

• Analysisofrevenueandcost

• Completeahighlevelreviewofforecastedassumptions

• IndustryAnalysis,understandingofkeyvaluedriversandlatesttrends

• Reviewvaluationmodel• Valuationanalysis(Income,MarketandAssetApproach)

• AdjustmentsforSurplusAssets,Discount/Premium,Minority/Controltransactionetc.

ProjectClosure

• Submitthefinalreport

1

2

4

3

PROCESSFLOW

KEYDELIVERABLESOFOURVALUATIONREPORT

Discussiononthedate,purpose,premise,scopeandlimitationsofvaluation

Businessoverviewandgroupoverview

Analysisofhistoricalfinancialstatements

AnalysisoftheBusinessPlan

SummaryofComparableCompaniesandSimilarTransactionMultiplesandperformingFundamentalValueanalysis

1

2

3

4

5

Adescriptionofandjustificationforeachofthevaluationmethodologiesconsideredandultimatelyused

Thevalueconclusions

SupportingExhibits

6 7

8

OURPROCESSFLOW

Planning&DataCollection

•Scopeofwork•Submittheinformationrequestlist

•Businessunderstanding•UnderstandingofmarketandanalysisofBiz

Reporting

•Submitthedraftvaluationworkingsheet

•Confirmationondraftvaluationworkingsheet

•Incorporatethesuggestions

•SubmitthedraftvaluationReport

•Discussthedraftvaluationreport

DataAnalysis&Valuation

•ReviewofAssetsandLiabilities

•Analysisofrevenueandcost

•Completeahighlevelreviewofforecastedassumptions

•IndustryAnalysis,understandingofkeyvaluedriversandlatesttrends

•Reviewvaluationmodel•Valuationanalysis(Income,MarketandAssetApproach)

•AdjustmentsforSurplusAssets,Discount/Premium,Minority/Controltransactionetc.

ProjectClosure

•Submitthefinalreport

1

2

4

3

PROCESSFLOW

KEYDELIVERABLESOFOURVALUATIONREPORT

Discussiononthedate,purpose,premise,scopeandlimitationsofvaluation

Businessoverviewandgroupoverview

Analysisofhistoricalfinancialstatements

AnalysisoftheBusinessPlan

SummaryofComparableCompaniesandSimilarTransactionMultiplesandperformingFundamentalValueanalysis

1

2

3

4

5

Adescriptionofandjustificationforeachofthevaluationmethodologiesconsideredandultimatelyused

Thevalueconclusions

SupportingExhibits

67

8OURPROCESSFLOW

Planning&DataCollection

• Scopeofwork• Submittheinformationrequestlist

• Businessunderstanding• UnderstandingofmarketandanalysisofBiz

Reporting

• Submitthedraftvaluationworkingsheet

• Confirmationondraftvaluationworkingsheet

• Incorporatethesuggestions

• SubmitthedraftvaluationReport

• Discussthedraftvaluationreport

DataAnalysis&Valuation

• ReviewofAssetsandLiabilities

• Analysisofrevenueandcost

• Completeahighlevelreviewofforecastedassumptions

• IndustryAnalysis,understandingofkeyvaluedriversandlatesttrends

• Reviewvaluationmodel• Valuationanalysis(Income,MarketandAssetApproach)

• AdjustmentsforSurplusAssets,Discount/Premium,Minority/Controltransactionetc.

ProjectClosure

• Submitthefinalreport

1

2

4

3

PROCESSFLOW

KEYDELIVERABLESOFOURVALUATIONREPORT

Discussiononthedate,purpose,premise,scopeandlimitationsofvaluation

Businessoverviewandgroupoverview

Analysisofhistoricalfinancialstatements

AnalysisoftheBusinessPlan

SummaryofComparableCompaniesandSimilarTransactionMultiplesandperformingFundamentalValueanalysis

1

2

3

4

5

Adescriptionofandjustificationforeachofthevaluationmethodologiesconsideredandultimatelyused

Thevalueconclusions

SupportingExhibits

6 7

8

OURPROCESSFLOW

Planning&DataCollection

•Scopeofwork•Submittheinformationrequestlist

•Businessunderstanding•UnderstandingofmarketandanalysisofBiz

Reporting

•Submitthedraftvaluationworkingsheet

•Confirmationondraftvaluationworkingsheet

•Incorporatethesuggestions

•SubmitthedraftvaluationReport

•Discussthedraftvaluationreport

DataAnalysis&Valuation

•ReviewofAssetsandLiabilities

•Analysisofrevenueandcost

•Completeahighlevelreviewofforecastedassumptions

•IndustryAnalysis,understandingofkeyvaluedriversandlatesttrends

•Reviewvaluationmodel•Valuationanalysis(Income,MarketandAssetApproach)

•AdjustmentsforSurplusAssets,Discount/Premium,Minority/Controltransactionetc.

ProjectClosure

•Submitthefinalreport

1

2

4

3

PROCESSFLOW

KEYDELIVERABLESOFOURVALUATIONREPORT

Discussiononthedate,purpose,premise,scopeandlimitationsofvaluation

Businessoverviewandgroupoverview

Analysisofhistoricalfinancialstatements

AnalysisoftheBusinessPlan

SummaryofComparableCompaniesandSimilarTransactionMultiplesandperformingFundamentalValueanalysis

1

2

3

4

5

Adescriptionofandjustificationforeachofthevaluationmethodologiesconsideredandultimatelyused

Thevalueconclusions

SupportingExhibits

67

8

corporate brouchure_dp.indd 4 01-03-2019 18:04:55

OURPROCESSFLOW

Planning&DataCollection

• Scopeofwork• Submittheinformationrequestlist

• Businessunderstanding• UnderstandingofmarketandanalysisofBiz

Reporting

• Submitthedraftvaluationworkingsheet

• Confirmationondraftvaluationworkingsheet

• Incorporatethesuggestions

• SubmitthedraftvaluationReport

• Discussthedraftvaluationreport

DataAnalysis&Valuation

• ReviewofAssetsandLiabilities

• Analysisofrevenueandcost

• Completeahighlevelreviewofforecastedassumptions

• IndustryAnalysis,understandingofkeyvaluedriversandlatesttrends

• Reviewvaluationmodel• Valuationanalysis(Income,MarketandAssetApproach)

• AdjustmentsforSurplusAssets,Discount/Premium,Minority/Controltransactionetc.

ProjectClosure

• Submitthefinalreport

1

2

4

3

PROCESSF

LOW

KEYDELIVERABLESOFOURVALUATIONREPORT

Discussiononthedate,purpose,premise,scopeandlimitationsofvaluation

Businessoverviewandgroupoverview

Analysisofhistoricalfinancialstatements

AnalysisoftheBusinessPlan

SummaryofComparableCompaniesandSimilarTransactionMultiplesandperformingFundamentalValueanalysis

1

2

3

4

5

Adescriptionofandjustificationforeachofthevaluationmethodologiesconsideredandultimatelyused

Thevalueconclusions

SupportingExhibits

6 7

8

OURPROCESSFLOW

Planning&DataCollection

•Scopeofwork•Submittheinformation

requestlist•Businessunderstanding•Understandingofmarket

andanalysisofBiz

Reporting

•Submitthedraftvaluationworkingsheet•Confirmationondraft

valuationworkingsheet•Incorporatethe

suggestions•Submitthedraftvaluation

Report•Discussthedraftvaluation

report

DataAnalysis&Valuation

•ReviewofAssetsandLiabilities•Analysisofrevenueand

cost•Completeahighlevel

reviewofforecastedassumptions•IndustryAnalysis,

understandingofkeyvaluedriversandlatesttrends•Reviewvaluationmodel•Valuationanalysis

(Income,MarketandAssetApproach)•AdjustmentsforSurplus

Assets,Discount/Premium,Minority/Controltransactionetc.

ProjectClosure

•Submitthefinalreport

1

2

4

3

PROCESSF

LOW

KEYDELIVERABLESOFOURVALUATIONREPORT

Discussiononthedate,purpose,premise,scopeandlimitationsofvaluation

Businessoverviewandgroupoverview

Analysisofhistoricalfinancialstatements

AnalysisoftheBusinessPlan

SummaryofComparableCompaniesandSimilarTransactionMultiplesandperformingFundamentalValueanalysis

1

2

3

4

5

Adescriptionofandjustificationforeachofthevaluationmethodologiesconsideredandultimatelyused

Thevalueconclusions

SupportingExhibits

67

8

OURPROCESSFLOW

Planning&DataCollection

• Scopeofwork• Submittheinformationrequestlist

• Businessunderstanding• UnderstandingofmarketandanalysisofBiz

Reporting

• Submitthedraftvaluationworkingsheet

• Confirmationondraftvaluationworkingsheet

• Incorporatethesuggestions

• SubmitthedraftvaluationReport

• Discussthedraftvaluationreport

DataAnalysis&Valuation

• ReviewofAssetsandLiabilities

• Analysisofrevenueandcost

• Completeahighlevelreviewofforecastedassumptions

• IndustryAnalysis,understandingofkeyvaluedriversandlatesttrends

• Reviewvaluationmodel• Valuationanalysis(Income,MarketandAssetApproach)

• AdjustmentsforSurplusAssets,Discount/Premium,Minority/Controltransactionetc.

ProjectClosure

• Submitthefinalreport

1

2

4

3

PROCESSFLOW

KEYDELIVERABLESOFOURVALUATIONREPORT

Discussiononthedate,purpose,premise,scopeandlimitationsofvaluation

Businessoverviewandgroupoverview

Analysisofhistoricalfinancialstatements

AnalysisoftheBusinessPlan

SummaryofComparableCompaniesandSimilarTransactionMultiplesandperformingFundamentalValueanalysis

1

2

3

4

5

Adescriptionofandjustificationforeachofthevaluationmethodologiesconsideredandultimatelyused

Thevalueconclusions

SupportingExhibits

6 7

8

OURPROCESSFLOW

Planning&DataCollection

•Scopeofwork•Submittheinformationrequestlist

•Businessunderstanding•UnderstandingofmarketandanalysisofBiz

Reporting

•Submitthedraftvaluationworkingsheet

•Confirmationondraftvaluationworkingsheet

•Incorporatethesuggestions

•SubmitthedraftvaluationReport

•Discussthedraftvaluationreport

DataAnalysis&Valuation

•ReviewofAssetsandLiabilities

•Analysisofrevenueandcost

•Completeahighlevelreviewofforecastedassumptions

•IndustryAnalysis,understandingofkeyvaluedriversandlatesttrends

•Reviewvaluationmodel•Valuationanalysis(Income,MarketandAssetApproach)

•AdjustmentsforSurplusAssets,Discount/Premium,Minority/Controltransactionetc.

ProjectClosure

•Submitthefinalreport

1

2

4

3

PROCESSFLOW

KEYDELIVERABLESOFOURVALUATIONREPORT

Discussiononthedate,purpose,premise,scopeandlimitationsofvaluation

Businessoverviewandgroupoverview

Analysisofhistoricalfinancialstatements

AnalysisoftheBusinessPlan

SummaryofComparableCompaniesandSimilarTransactionMultiplesandperformingFundamentalValueanalysis

1

2

3

4

5

Adescriptionofandjustificationforeachofthevaluationmethodologiesconsideredandultimatelyused

Thevalueconclusions

SupportingExhibits

67

8OURPROCESSFLOW

Planning&DataCollection

• Scopeofwork• Submittheinformationrequestlist

• Businessunderstanding• UnderstandingofmarketandanalysisofBiz

Reporting

• Submitthedraftvaluationworkingsheet

• Confirmationondraftvaluationworkingsheet

• Incorporatethesuggestions

• SubmitthedraftvaluationReport

• Discussthedraftvaluationreport

DataAnalysis&Valuation

• ReviewofAssetsandLiabilities

• Analysisofrevenueandcost

• Completeahighlevelreviewofforecastedassumptions

• IndustryAnalysis,understandingofkeyvaluedriversandlatesttrends

• Reviewvaluationmodel• Valuationanalysis(Income,MarketandAssetApproach)

• AdjustmentsforSurplusAssets,Discount/Premium,Minority/Controltransactionetc.

ProjectClosure

• Submitthefinalreport

1

2

4

3

PROCESSFLOW

KEYDELIVERABLESOFOURVALUATIONREPORT

Discussiononthedate,purpose,premise,scopeandlimitationsofvaluation

Businessoverviewandgroupoverview

Analysisofhistoricalfinancialstatements

AnalysisoftheBusinessPlan

SummaryofComparableCompaniesandSimilarTransactionMultiplesandperformingFundamentalValueanalysis

1

2

3

4

5

Adescriptionofandjustificationforeachofthevaluationmethodologiesconsideredandultimatelyused

Thevalueconclusions

SupportingExhibits

6 7

8

OURPROCESSFLOW

Planning&DataCollection

•Scopeofwork•Submittheinformationrequestlist

•Businessunderstanding•UnderstandingofmarketandanalysisofBiz

Reporting

•Submitthedraftvaluationworkingsheet

•Confirmationondraftvaluationworkingsheet

•Incorporatethesuggestions

•SubmitthedraftvaluationReport

•Discussthedraftvaluationreport

DataAnalysis&Valuation

•ReviewofAssetsandLiabilities

•Analysisofrevenueandcost

•Completeahighlevelreviewofforecastedassumptions

•IndustryAnalysis,understandingofkeyvaluedriversandlatesttrends

•Reviewvaluationmodel•Valuationanalysis(Income,MarketandAssetApproach)

•AdjustmentsforSurplusAssets,Discount/Premium,Minority/Controltransactionetc.

ProjectClosure

•Submitthefinalreport

1

2

4

3

PROCESSFLOW

KEYDELIVERABLESOFOURVALUATIONREPORT

Discussiononthedate,purpose,premise,scopeandlimitationsofvaluation

Businessoverviewandgroupoverview

Analysisofhistoricalfinancialstatements

AnalysisoftheBusinessPlan

SummaryofComparableCompaniesandSimilarTransactionMultiplesandperformingFundamentalValueanalysis

1

2

3

4

5

Adescriptionofandjustificationforeachofthevaluationmethodologiesconsideredandultimatelyused

Thevalueconclusions

SupportingExhibits

67

8

corporate brouchure_dp.indd 5 01-03-2019 18:04:56

OUR VALUATION CREDENTIALS

ValuationadvisoryforInvestmentinOne97CommunicationsLimited,participatedbyBerkshireHathwayatUSD10Billion(approx.)

ProvidedFairnessOpinionfordemergerofBusinessUndertakingofHCLInfosystemsLimitedwithitsWoS&mergerofHCLInfocomLimitedwithHCLInfosystemsLimited

ValuationadvisoryforValueofsubsidiarycompaniesofApolloTyresLimitedforODIpurpose

FairnessOpinionforschemeofarrangementamongMailTodayNewspapersPrivateLimited,IndiaTodayOnlinePrivateLimitedandT.V.TodayNetworkLimited

ValuationadvisorytoPFCforvaluationofitsdifferentprojects

EmpaneledwithGAILasConsultantforvaluationofitsStart-Upportfoliocompanies

ValuationadvisoryforInvestmentinZoomCarIndiaPrivateLimited,participatedbyMahindraandMahindraforSeriesCfundinground

ValuationadvisoryforInvestmentinJasperInfotechPvt.Limited,participatedbyCanada’sOntarioTeachersPensionPlan

FairvalueofembeddedconversionderivativecomponentinOCRPSinaccordancewithIndAS109

Clients/transactions for last 5 years only

ValuationadvisoryforValuationofBigTreeEntertainmentforSeriesD(CCPS)fundingofUSD100Million(approx.)ledbyTPGGrowth

Valuationadvisoryforascertainingvalue-additionsforthepurposeofissuanceofSweatEquityshares

ValuationadvisoryfordeterminingFairValueofsubsidiarycompaniesofInterglobeEnterprisesLimitedforODIpurpose

ValuationadvisoryfordeterminingFairMarketValueofinvestmentsmadebyHSILLimitedinAndhraPradeshGasPowerCorporationLimitedforIndASpurpose

ValuationadvisoryforarrivingatFairMarketValueofESOPofPitneyBowesIncforemployeesofitsIndiansubsidiaryforTaxpurpose

ValuationadvisoryforarrivingFairMarketValueofESOPforemployeesofPlantronicsIndiansubsidiaryforTaxpurposes

ValuationadvisoryfordeterminationofFairValueofinvestmentsmadebyitsWoSforrationalizingthestructureofitsWoScompanyanditsfurthersubsidiaries

ValuationAnalysisforAcquisitionofcompaniesonbehalfofJCB(India)Limited

Valuationadvisoryforacquisitionpurpose

ValuationadvisoryfordeterminationofrelativeshareexchangeratioonCrystal’sSchemeofArrangement

FairValueofCompulsoryConvertibleDebentures(includingDerivateValuation)issuedbySAMHItoInternationalFinanceCorporation(IFC),anarmofWorldBankinaccordancewithIndAS109

FinancialadvisorytoDaburIndiaforAcquisitionpurposeandPurchasePriceAllocation

Industry: Utilities Non-Electric

Industry: IT

Industry: Auto Tyres and Rubber Products

Industry: Broadcasting & Cable TV

Industry: Finance (including NBFC)

Industry: Online Entertainment Ticketing Industry: Automotive

Industry: IT and BPO

Industry: IT

Industry: Heavy Equipment

Industry: Medical & Imaging Equipment

Industry: Hotel Management

Industry: Consumer Goods

Industry: IT

Industry: Agro Chemicals

Industry: Ceramics

Industry: IT–Products / Solutions

Industry: E-Commerce

Industry: E-Commerce

Industry: Online B2B Platform

Industry: E-Commerce

OUR VALUATION CREDENTIALS

ValuationadvisoryforInvestmentinOne97CommunicationsLimited,participatedbyBerkshireHathwayatUSD10Billion(approx.)

ProvidedFairnessOpinionfordemergerofBusinessUndertakingofHCLInfosystemsLimitedwithitsWoS&mergerofHCLInfocomLimitedwithHCLInfosystemsLimited

ValuationadvisoryforValueofsubsidiarycompaniesofApolloTyresLimitedforODIpurpose

FairnessOpinionforschemeofarrangementamongMailTodayNewspapersPrivateLimited,IndiaTodayOnlinePrivateLimitedandT.V.TodayNetworkLimited

ValuationadvisorytoPFCforvaluationofitsdifferentprojects

EmpaneledwithGAILasConsultantforvaluationofitsStart-Upportfoliocompanies

ValuationadvisoryforInvestmentinZoomCarIndiaPrivateLimited,participatedbyMahindraandMahindraforSeriesCfundinground

ValuationadvisoryforInvestmentinJasperInfotechPvt.Limited,participatedbyCanada’sOntarioTeachersPensionPlan

FairvalueofembeddedconversionderivativecomponentinOCRPSinaccordancewithIndAS109

Clients/transactions for last 5 years only

ValuationadvisoryforValuationofBigTreeEntertainmentforSeriesD(CCPS)fundingofUSD100Million(approx.)ledbyTPGGrowth

Valuationadvisoryforascertainingvalue-additionsforthepurposeofissuanceofSweatEquityshares

ValuationadvisoryfordeterminingFairValueofsubsidiarycompaniesofInterglobeEnterprisesLimitedforODIpurpose

ValuationadvisoryfordeterminingFairMarketValueofinvestmentsmadebyHSILLimitedinAndhraPradeshGasPowerCorporationLimitedforIndASpurpose

ValuationadvisoryforarrivingatFairMarketValueofESOPofPitneyBowesIncforemployeesofitsIndiansubsidiaryforTaxpurpose

ValuationadvisoryforarrivingFairMarketValueofESOPforemployeesofPlantronicsIndiansubsidiaryforTaxpurposes

ValuationadvisoryfordeterminationofFairValueofinvestmentsmadebyitsWoSforrationalizingthestructureofitsWoScompanyanditsfurthersubsidiaries

ValuationAnalysisforAcquisitionofcompaniesonbehalfofJCB(India)Limited

Valuationadvisoryforacquisitionpurpose

ValuationadvisoryfordeterminationofrelativeshareexchangeratioonCrystal’sSchemeofArrangement

FairValueofCompulsoryConvertibleDebentures(includingDerivateValuation)issuedbySAMHItoInternationalFinanceCorporation(IFC),anarmofWorldBankinaccordancewithIndAS109

FinancialadvisorytoDaburIndiaforAcquisitionpurposeandPurchasePriceAllocation

Industry: Utilities Non-Electric

Industry: IT

Industry: Auto Tyres and Rubber Products

Industry: Broadcasting & Cable TV

Industry: Finance (including NBFC)

Industry: Online Entertainment TicketingIndustry: Automotive

Industry: IT and BPO

Industry: IT

Industry: Heavy Equipment

Industry: Medical & Imaging Equipment

Industry: Hotel Management

Industry: Consumer Goods

Industry: IT

Industry: Agro Chemicals

Industry: Ceramics

Industry: IT–Products / Solutions

Industry: E-Commerce

Industry: E-Commerce

Industry: Online B2B Platform

Industry: E-Commerce

OUR VALUATION CREDENTIALS

ValuationadvisoryforInvestmentinOne97CommunicationsLimited,participatedbyBerkshireHathwayatUSD10Billion(approx.)

ProvidedFairnessOpinionfordemergerofBusinessUndertakingofHCLInfosystemsLimitedwithitsWoS&mergerofHCLInfocomLimitedwithHCLInfosystemsLimited

ValuationadvisoryforValueofsubsidiarycompaniesofApolloTyresLimitedforODIpurpose

FairnessOpinionforschemeofarrangementamongMailTodayNewspapersPrivateLimited,IndiaTodayOnlinePrivateLimitedandT.V.TodayNetworkLimited

ValuationadvisorytoPFCforvaluationofitsdifferentprojects

EmpaneledwithGAILasConsultantforvaluationofitsStart-Upportfoliocompanies

ValuationadvisoryforInvestmentinZoomCarIndiaPrivateLimited,participatedbyMahindraandMahindraforSeriesCfundinground

ValuationadvisoryforInvestmentinJasperInfotechPvt.Limited,participatedbyCanada’sOntarioTeachersPensionPlan

FairvalueofembeddedconversionderivativecomponentinOCRPSinaccordancewithIndAS109

Clients/transactions for last 5 years only

ValuationadvisoryforValuationofBigTreeEntertainmentforSeriesD(CCPS)fundingofUSD100Million(approx.)ledbyTPGGrowth

Valuationadvisoryforascertainingvalue-additionsforthepurposeofissuanceofSweatEquityshares

ValuationadvisoryfordeterminingFairValueofsubsidiarycompaniesofInterglobeEnterprisesLimitedforODIpurpose

ValuationadvisoryfordeterminingFairMarketValueofinvestmentsmadebyHSILLimitedinAndhraPradeshGasPowerCorporationLimitedforIndASpurpose

ValuationadvisoryforarrivingatFairMarketValueofESOPofPitneyBowesIncforemployeesofitsIndiansubsidiaryforTaxpurpose

ValuationadvisoryforarrivingFairMarketValueofESOPforemployeesofPlantronicsIndiansubsidiaryforTaxpurposes

ValuationadvisoryfordeterminationofFairValueofinvestmentsmadebyitsWoSforrationalizingthestructureofitsWoScompanyanditsfurthersubsidiaries

ValuationAnalysisforAcquisitionofcompaniesonbehalfofJCB(India)Limited

Valuationadvisoryforacquisitionpurpose

ValuationadvisoryfordeterminationofrelativeshareexchangeratioonCrystal’sSchemeofArrangement

FairValueofCompulsoryConvertibleDebentures(includingDerivateValuation)issuedbySAMHItoInternationalFinanceCorporation(IFC),anarmofWorldBankinaccordancewithIndAS109

FinancialadvisorytoDaburIndiaforAcquisitionpurposeandPurchasePriceAllocation

Industry: Utilities Non-Electric

Industry: IT

Industry: Auto Tyres and Rubber Products

Industry: Broadcasting & Cable TV

Industry: Finance (including NBFC)

Industry: Online Entertainment Ticketing Industry: Automotive

Industry: IT and BPO

Industry: IT

Industry: Heavy Equipment

Industry: Medical & Imaging Equipment

Industry: Hotel Management

Industry: Consumer Goods

Industry: IT

Industry: Agro Chemicals

Industry: Ceramics

Industry: IT–Products / Solutions

Industry: E-Commerce

Industry: E-Commerce

Industry: Online B2B Platform

Industry: E-Commerce

OUR VALUATION CREDENTIALS

ValuationadvisoryforInvestmentinOne97CommunicationsLimited,participatedbyBerkshireHathwayatUSD10Billion(approx.)

ProvidedFairnessOpinionfordemergerofBusinessUndertakingofHCLInfosystemsLimitedwithitsWoS&mergerofHCLInfocomLimitedwithHCLInfosystemsLimited

ValuationadvisoryforValueofsubsidiarycompaniesofApolloTyresLimitedforODIpurpose

FairnessOpinionforschemeofarrangementamongMailTodayNewspapersPrivateLimited,IndiaTodayOnlinePrivateLimitedandT.V.TodayNetworkLimited

ValuationadvisorytoPFCforvaluationofitsdifferentprojects

EmpaneledwithGAILasConsultantforvaluationofitsStart-Upportfoliocompanies

ValuationadvisoryforInvestmentinZoomCarIndiaPrivateLimited,participatedbyMahindraandMahindraforSeriesCfundinground

ValuationadvisoryforInvestmentinJasperInfotechPvt.Limited,participatedbyCanada’sOntarioTeachersPensionPlan

FairvalueofembeddedconversionderivativecomponentinOCRPSinaccordancewithIndAS109

Clients/transactions for last 5 years only

ValuationadvisoryforValuationofBigTreeEntertainmentforSeriesD(CCPS)fundingofUSD100Million(approx.)ledbyTPGGrowth

Valuationadvisoryforascertainingvalue-additionsforthepurposeofissuanceofSweatEquityshares

ValuationadvisoryfordeterminingFairValueofsubsidiarycompaniesofInterglobeEnterprisesLimitedforODIpurpose

ValuationadvisoryfordeterminingFairMarketValueofinvestmentsmadebyHSILLimitedinAndhraPradeshGasPowerCorporationLimitedforIndASpurpose

ValuationadvisoryforarrivingatFairMarketValueofESOPofPitneyBowesIncforemployeesofitsIndiansubsidiaryforTaxpurpose

ValuationadvisoryforarrivingFairMarketValueofESOPforemployeesofPlantronicsIndiansubsidiaryforTaxpurposes

ValuationadvisoryfordeterminationofFairValueofinvestmentsmadebyitsWoSforrationalizingthestructureofitsWoScompanyanditsfurthersubsidiaries

ValuationAnalysisforAcquisitionofcompaniesonbehalfofJCB(India)Limited

Valuationadvisoryforacquisitionpurpose

ValuationadvisoryfordeterminationofrelativeshareexchangeratioonCrystal’sSchemeofArrangement

FairValueofCompulsoryConvertibleDebentures(includingDerivateValuation)issuedbySAMHItoInternationalFinanceCorporation(IFC),anarmofWorldBankinaccordancewithIndAS109

FinancialadvisorytoDaburIndiaforAcquisitionpurposeandPurchasePriceAllocation

Industry: Utilities Non-Electric

Industry: IT

Industry: Auto Tyres and Rubber Products

Industry: Broadcasting & Cable TV

Industry: Finance (including NBFC)

Industry: Online Entertainment TicketingIndustry: Automotive

Industry: IT and BPO

Industry: IT

Industry: Heavy Equipment

Industry: Medical & Imaging Equipment

Industry: Hotel Management

Industry: Consumer Goods

Industry: IT

Industry: Agro Chemicals

Industry: Ceramics

Industry: IT–Products / Solutions

Industry: E-Commerce

Industry: E-Commerce

Industry: Online B2B Platform

Industry: E-Commerce

OUR VALUATION CREDENTIALS

ValuationadvisoryforInvestmentinOne97CommunicationsLimited,participatedbyBerkshireHathwayatUSD10Billion(approx.)

ProvidedFairnessOpinionfordemergerofBusinessUndertakingofHCLInfosystemsLimitedwithitsWoS&mergerofHCLInfocomLimitedwithHCLInfosystemsLimited

ValuationadvisoryforValueofsubsidiarycompaniesofApolloTyresLimitedforODIpurpose

FairnessOpinionforschemeofarrangementamongMailTodayNewspapersPrivateLimited,IndiaTodayOnlinePrivateLimitedandT.V.TodayNetworkLimited

ValuationadvisorytoPFCforvaluationofitsdifferentprojects

EmpaneledwithGAILasConsultantforvaluationofitsStart-Upportfoliocompanies

ValuationadvisoryforInvestmentinZoomCarIndiaPrivateLimited,participatedbyMahindraandMahindraforSeriesCfundinground

ValuationadvisoryforInvestmentinJasperInfotechPvt.Limited,participatedbyCanada’sOntarioTeachersPensionPlan

FairvalueofembeddedconversionderivativecomponentinOCRPSinaccordancewithIndAS109

Clients/transactions for last 5 years only

ValuationadvisoryforValuationofBigTreeEntertainmentforSeriesD(CCPS)fundingofUSD100Million(approx.)ledbyTPGGrowth

Valuationadvisoryforascertainingvalue-additionsforthepurposeofissuanceofSweatEquityshares

ValuationadvisoryfordeterminingFairValueofsubsidiarycompaniesofInterglobeEnterprisesLimitedforODIpurpose

ValuationadvisoryfordeterminingFairMarketValueofinvestmentsmadebyHSILLimitedinAndhraPradeshGasPowerCorporationLimitedforIndASpurpose

ValuationadvisoryforarrivingatFairMarketValueofESOPofPitneyBowesIncforemployeesofitsIndiansubsidiaryforTaxpurpose

ValuationadvisoryforarrivingFairMarketValueofESOPforemployeesofPlantronicsIndiansubsidiaryforTaxpurposes

ValuationadvisoryfordeterminationofFairValueofinvestmentsmadebyitsWoSforrationalizingthestructureofitsWoScompanyanditsfurthersubsidiaries

ValuationAnalysisforAcquisitionofcompaniesonbehalfofJCB(India)Limited

Valuationadvisoryforacquisitionpurpose

ValuationadvisoryfordeterminationofrelativeshareexchangeratioonCrystal’sSchemeofArrangement

FairValueofCompulsoryConvertibleDebentures(includingDerivateValuation)issuedbySAMHItoInternationalFinanceCorporation(IFC),anarmofWorldBankinaccordancewithIndAS109

FinancialadvisorytoDaburIndiaforAcquisitionpurposeandPurchasePriceAllocation

Industry: Utilities Non-Electric

Industry: IT

Industry: Auto Tyres and Rubber Products

Industry: Broadcasting & Cable TV

Industry: Finance (including NBFC)

Industry: Online Entertainment Ticketing Industry: Automotive

Industry: IT and BPO

Industry: IT

Industry: Heavy Equipment

Industry: Medical & Imaging Equipment

Industry: Hotel Management

Industry: Consumer Goods

Industry: IT

Industry: Agro Chemicals

Industry: Ceramics

Industry: IT–Products / Solutions

Industry: E-Commerce

Industry: E-Commerce

Industry: Online B2B Platform

Industry: E-Commerce

OUR VALUATION CREDENTIALS

ValuationadvisoryforInvestmentinOne97CommunicationsLimited,participatedbyBerkshireHathwayatUSD10Billion(approx.)

ProvidedFairnessOpinionfordemergerofBusinessUndertakingofHCLInfosystemsLimitedwithitsWoS&mergerofHCLInfocomLimitedwithHCLInfosystemsLimited

ValuationadvisoryforValueofsubsidiarycompaniesofApolloTyresLimitedforODIpurpose

FairnessOpinionforschemeofarrangementamongMailTodayNewspapersPrivateLimited,IndiaTodayOnlinePrivateLimitedandT.V.TodayNetworkLimited

ValuationadvisorytoPFCforvaluationofitsdifferentprojects

EmpaneledwithGAILasConsultantforvaluationofitsStart-Upportfoliocompanies

ValuationadvisoryforInvestmentinZoomCarIndiaPrivateLimited,participatedbyMahindraandMahindraforSeriesCfundinground

ValuationadvisoryforInvestmentinJasperInfotechPvt.Limited,participatedbyCanada’sOntarioTeachersPensionPlan

FairvalueofembeddedconversionderivativecomponentinOCRPSinaccordancewithIndAS109

Clients/transactions for last 5 years only

ValuationadvisoryforValuationofBigTreeEntertainmentforSeriesD(CCPS)fundingofUSD100Million(approx.)ledbyTPGGrowth

Valuationadvisoryforascertainingvalue-additionsforthepurposeofissuanceofSweatEquityshares

ValuationadvisoryfordeterminingFairValueofsubsidiarycompaniesofInterglobeEnterprisesLimitedforODIpurpose

ValuationadvisoryfordeterminingFairMarketValueofinvestmentsmadebyHSILLimitedinAndhraPradeshGasPowerCorporationLimitedforIndASpurpose

ValuationadvisoryforarrivingatFairMarketValueofESOPofPitneyBowesIncforemployeesofitsIndiansubsidiaryforTaxpurpose

ValuationadvisoryforarrivingFairMarketValueofESOPforemployeesofPlantronicsIndiansubsidiaryforTaxpurposes

ValuationadvisoryfordeterminationofFairValueofinvestmentsmadebyitsWoSforrationalizingthestructureofitsWoScompanyanditsfurthersubsidiaries

ValuationAnalysisforAcquisitionofcompaniesonbehalfofJCB(India)Limited

Valuationadvisoryforacquisitionpurpose

ValuationadvisoryfordeterminationofrelativeshareexchangeratioonCrystal’sSchemeofArrangement

FairValueofCompulsoryConvertibleDebentures(includingDerivateValuation)issuedbySAMHItoInternationalFinanceCorporation(IFC),anarmofWorldBankinaccordancewithIndAS109

FinancialadvisorytoDaburIndiaforAcquisitionpurposeandPurchasePriceAllocation

Industry: Utilities Non-Electric

Industry: IT

Industry: Auto Tyres and Rubber Products

Industry: Broadcasting & Cable TV

Industry: Finance (including NBFC)

Industry: Online Entertainment TicketingIndustry: Automotive

Industry: IT and BPO

Industry: IT

Industry: Heavy Equipment

Industry: Medical & Imaging Equipment

Industry: Hotel Management

Industry: Consumer Goods

Industry: IT

Industry: Agro Chemicals

Industry: Ceramics

Industry: IT–Products / Solutions

Industry: E-Commerce

Industry: E-Commerce

Industry: Online B2B Platform

Industry: E-Commerce

corporate brouchure_dp.indd 6 01-03-2019 18:04:57

OUR VALUATION CREDENTIALS

ValuationadvisoryforInvestmentinOne97CommunicationsLimited,participatedbyBerkshireHathwayatUSD10Billion(approx.)

ProvidedFairnessOpinionfordemergerofBusinessUndertakingofHCLInfosystemsLimitedwithitsWoS&mergerofHCLInfocomLimitedwithHCLInfosystemsLimited

ValuationadvisoryforValueofsubsidiarycompaniesofApolloTyresLimitedforODIpurpose

FairnessOpinionforschemeofarrangementamongMailTodayNewspapersPrivateLimited,IndiaTodayOnlinePrivateLimitedandT.V.TodayNetworkLimited

ValuationadvisorytoPFCforvaluationofitsdifferentprojects

EmpaneledwithGAILasConsultantforvaluationofitsStart-Upportfoliocompanies

ValuationadvisoryforInvestmentinZoomCarIndiaPrivateLimited,participatedbyMahindraandMahindraforSeriesCfundinground

ValuationadvisoryforInvestmentinJasperInfotechPvt.Limited,participatedbyCanada’sOntarioTeachersPensionPlan

FairvalueofembeddedconversionderivativecomponentinOCRPSinaccordancewithIndAS109

Clients/transactions for last 5 years only

ValuationadvisoryforValuationofBigTreeEntertainmentforSeriesD(CCPS)fundingofUSD100Million(approx.)ledbyTPGGrowth

Valuationadvisoryforascertainingvalue-additionsforthepurposeofissuanceofSweatEquityshares

ValuationadvisoryfordeterminingFairValueofsubsidiarycompaniesofInterglobeEnterprisesLimitedforODIpurpose

ValuationadvisoryfordeterminingFairMarketValueofinvestmentsmadebyHSILLimitedinAndhraPradeshGasPowerCorporationLimitedforIndASpurpose

ValuationadvisoryforarrivingatFairMarketValueofESOPofPitneyBowesIncforemployeesofitsIndiansubsidiaryforTaxpurpose

ValuationadvisoryforarrivingFairMarketValueofESOPforemployeesofPlantronicsIndiansubsidiaryforTaxpurposes

ValuationadvisoryfordeterminationofFairValueofinvestmentsmadebyitsWoSforrationalizingthestructureofitsWoScompanyanditsfurthersubsidiaries

ValuationAnalysisforAcquisitionofcompaniesonbehalfofJCB(India)Limited

Valuationadvisoryforacquisitionpurpose

ValuationadvisoryfordeterminationofrelativeshareexchangeratioonCrystal’sSchemeofArrangement

FairValueofCompulsoryConvertibleDebentures(includingDerivateValuation)issuedbySAMHItoInternationalFinanceCorporation(IFC),anarmofWorldBankinaccordancewithIndAS109

FinancialadvisorytoDaburIndiaforAcquisitionpurposeandPurchasePriceAllocation

Industry: Utilities Non-Electric

Industry: IT

Industry: Auto Tyres and Rubber Products

Industry: Broadcasting & Cable TV

Industry: Finance (including NBFC)

Industry: Online Entertainment Ticketing Industry: Automotive

Industry: IT and BPO

Industry: IT

Industry: Heavy Equipment

Industry: Medical & Imaging Equipment

Industry: Hotel Management

Industry: Consumer Goods

Industry: IT

Industry: Agro Chemicals

Industry: Ceramics

Industry: IT–Products / Solutions

Industry: E-Commerce

Industry: E-Commerce

Industry: Online B2B Platform

Industry: E-Commerce

OUR VALUATION CREDENTIALS

ValuationadvisoryforInvestmentinOne97CommunicationsLimited,participatedbyBerkshireHathwayatUSD10Billion(approx.)

ProvidedFairnessOpinionfordemergerofBusinessUndertakingofHCLInfosystemsLimitedwithitsWoS&mergerofHCLInfocomLimitedwithHCLInfosystemsLimited

ValuationadvisoryforValueofsubsidiarycompaniesofApolloTyresLimitedforODIpurpose

FairnessOpinionforschemeofarrangementamongMailTodayNewspapersPrivateLimited,IndiaTodayOnlinePrivateLimitedandT.V.TodayNetworkLimited

ValuationadvisorytoPFCforvaluationofitsdifferentprojects

EmpaneledwithGAILasConsultantforvaluationofitsStart-Upportfoliocompanies

ValuationadvisoryforInvestmentinZoomCarIndiaPrivateLimited,participatedbyMahindraandMahindraforSeriesCfundinground

ValuationadvisoryforInvestmentinJasperInfotechPvt.Limited,participatedbyCanada’sOntarioTeachersPensionPlan

FairvalueofembeddedconversionderivativecomponentinOCRPSinaccordancewithIndAS109

Clients/transactions for last 5 years only

ValuationadvisoryforValuationofBigTreeEntertainmentforSeriesD(CCPS)fundingofUSD100Million(approx.)ledbyTPGGrowth

Valuationadvisoryforascertainingvalue-additionsforthepurposeofissuanceofSweatEquityshares

ValuationadvisoryfordeterminingFairValueofsubsidiarycompaniesofInterglobeEnterprisesLimitedforODIpurpose

ValuationadvisoryfordeterminingFairMarketValueofinvestmentsmadebyHSILLimitedinAndhraPradeshGasPowerCorporationLimitedforIndASpurpose

ValuationadvisoryforarrivingatFairMarketValueofESOPofPitneyBowesIncforemployeesofitsIndiansubsidiaryforTaxpurpose

ValuationadvisoryforarrivingFairMarketValueofESOPforemployeesofPlantronicsIndiansubsidiaryforTaxpurposes

ValuationadvisoryfordeterminationofFairValueofinvestmentsmadebyitsWoSforrationalizingthestructureofitsWoScompanyanditsfurthersubsidiaries

ValuationAnalysisforAcquisitionofcompaniesonbehalfofJCB(India)Limited

Valuationadvisoryforacquisitionpurpose

ValuationadvisoryfordeterminationofrelativeshareexchangeratioonCrystal’sSchemeofArrangement

FairValueofCompulsoryConvertibleDebentures(includingDerivateValuation)issuedbySAMHItoInternationalFinanceCorporation(IFC),anarmofWorldBankinaccordancewithIndAS109

FinancialadvisorytoDaburIndiaforAcquisitionpurposeandPurchasePriceAllocation

Industry: Utilities Non-Electric

Industry: IT

Industry: Auto Tyres and Rubber Products

Industry: Broadcasting & Cable TV

Industry: Finance (including NBFC)

Industry: Online Entertainment TicketingIndustry: Automotive

Industry: IT and BPO

Industry: IT

Industry: Heavy Equipment

Industry: Medical & Imaging Equipment

Industry: Hotel Management

Industry: Consumer Goods

Industry: IT

Industry: Agro Chemicals

Industry: Ceramics

Industry: IT–Products / Solutions

Industry: E-Commerce

Industry: E-Commerce

Industry: Online B2B Platform

Industry: E-Commerce

OUR VALUATION CREDENTIALS

ValuationadvisoryforInvestmentinOne97CommunicationsLimited,participatedbyBerkshireHathwayatUSD10Billion(approx.)

ProvidedFairnessOpinionfordemergerofBusinessUndertakingofHCLInfosystemsLimitedwithitsWoS&mergerofHCLInfocomLimitedwithHCLInfosystemsLimited

ValuationadvisoryforValueofsubsidiarycompaniesofApolloTyresLimitedforODIpurpose

FairnessOpinionforschemeofarrangementamongMailTodayNewspapersPrivateLimited,IndiaTodayOnlinePrivateLimitedandT.V.TodayNetworkLimited

ValuationadvisorytoPFCforvaluationofitsdifferentprojects

EmpaneledwithGAILasConsultantforvaluationofitsStart-Upportfoliocompanies

ValuationadvisoryforInvestmentinZoomCarIndiaPrivateLimited,participatedbyMahindraandMahindraforSeriesCfundinground

ValuationadvisoryforInvestmentinJasperInfotechPvt.Limited,participatedbyCanada’sOntarioTeachersPensionPlan

FairvalueofembeddedconversionderivativecomponentinOCRPSinaccordancewithIndAS109

Clients/transactions for last 5 years only

ValuationadvisoryforValuationofBigTreeEntertainmentforSeriesD(CCPS)fundingofUSD100Million(approx.)ledbyTPGGrowth

Valuationadvisoryforascertainingvalue-additionsforthepurposeofissuanceofSweatEquityshares

ValuationadvisoryfordeterminingFairValueofsubsidiarycompaniesofInterglobeEnterprisesLimitedforODIpurpose

ValuationadvisoryfordeterminingFairMarketValueofinvestmentsmadebyHSILLimitedinAndhraPradeshGasPowerCorporationLimitedforIndASpurpose

ValuationadvisoryforarrivingatFairMarketValueofESOPofPitneyBowesIncforemployeesofitsIndiansubsidiaryforTaxpurpose

ValuationadvisoryforarrivingFairMarketValueofESOPforemployeesofPlantronicsIndiansubsidiaryforTaxpurposes

ValuationadvisoryfordeterminationofFairValueofinvestmentsmadebyitsWoSforrationalizingthestructureofitsWoScompanyanditsfurthersubsidiaries

ValuationAnalysisforAcquisitionofcompaniesonbehalfofJCB(India)Limited

Valuationadvisoryforacquisitionpurpose

ValuationadvisoryfordeterminationofrelativeshareexchangeratioonCrystal’sSchemeofArrangement

FairValueofCompulsoryConvertibleDebentures(includingDerivateValuation)issuedbySAMHItoInternationalFinanceCorporation(IFC),anarmofWorldBankinaccordancewithIndAS109

FinancialadvisorytoDaburIndiaforAcquisitionpurposeandPurchasePriceAllocation

Industry: Utilities Non-Electric

Industry: IT

Industry: Auto Tyres and Rubber Products

Industry: Broadcasting & Cable TV

Industry: Finance (including NBFC)

Industry: Online Entertainment Ticketing Industry: Automotive

Industry: IT and BPO

Industry: IT

Industry: Heavy Equipment

Industry: Medical & Imaging Equipment

Industry: Hotel Management

Industry: Consumer Goods

Industry: IT

Industry: Agro Chemicals

Industry: Ceramics

Industry: IT–Products / Solutions

Industry: E-Commerce

Industry: E-Commerce

Industry: Online B2B Platform

Industry: E-Commerce

OUR VALUATION CREDENTIALS

ValuationadvisoryforInvestmentinOne97CommunicationsLimited,participatedbyBerkshireHathwayatUSD10Billion(approx.)

ProvidedFairnessOpinionfordemergerofBusinessUndertakingofHCLInfosystemsLimitedwithitsWoS&mergerofHCLInfocomLimitedwithHCLInfosystemsLimited

ValuationadvisoryforValueofsubsidiarycompaniesofApolloTyresLimitedforODIpurpose

FairnessOpinionforschemeofarrangementamongMailTodayNewspapersPrivateLimited,IndiaTodayOnlinePrivateLimitedandT.V.TodayNetworkLimited

ValuationadvisorytoPFCforvaluationofitsdifferentprojects

EmpaneledwithGAILasConsultantforvaluationofitsStart-Upportfoliocompanies

ValuationadvisoryforInvestmentinZoomCarIndiaPrivateLimited,participatedbyMahindraandMahindraforSeriesCfundinground

ValuationadvisoryforInvestmentinJasperInfotechPvt.Limited,participatedbyCanada’sOntarioTeachersPensionPlan

FairvalueofembeddedconversionderivativecomponentinOCRPSinaccordancewithIndAS109

Clients/transactions for last 5 years only

ValuationadvisoryforValuationofBigTreeEntertainmentforSeriesD(CCPS)fundingofUSD100Million(approx.)ledbyTPGGrowth

Valuationadvisoryforascertainingvalue-additionsforthepurposeofissuanceofSweatEquityshares

ValuationadvisoryfordeterminingFairValueofsubsidiarycompaniesofInterglobeEnterprisesLimitedforODIpurpose

ValuationadvisoryfordeterminingFairMarketValueofinvestmentsmadebyHSILLimitedinAndhraPradeshGasPowerCorporationLimitedforIndASpurpose

ValuationadvisoryforarrivingatFairMarketValueofESOPofPitneyBowesIncforemployeesofitsIndiansubsidiaryforTaxpurpose

ValuationadvisoryforarrivingFairMarketValueofESOPforemployeesofPlantronicsIndiansubsidiaryforTaxpurposes

ValuationadvisoryfordeterminationofFairValueofinvestmentsmadebyitsWoSforrationalizingthestructureofitsWoScompanyanditsfurthersubsidiaries

ValuationAnalysisforAcquisitionofcompaniesonbehalfofJCB(India)Limited

Valuationadvisoryforacquisitionpurpose

ValuationadvisoryfordeterminationofrelativeshareexchangeratioonCrystal’sSchemeofArrangement

FairValueofCompulsoryConvertibleDebentures(includingDerivateValuation)issuedbySAMHItoInternationalFinanceCorporation(IFC),anarmofWorldBankinaccordancewithIndAS109

FinancialadvisorytoDaburIndiaforAcquisitionpurposeandPurchasePriceAllocation

Industry: Utilities Non-Electric

Industry: IT

Industry: Auto Tyres and Rubber Products

Industry: Broadcasting & Cable TV

Industry: Finance (including NBFC)

Industry: Online Entertainment TicketingIndustry: Automotive

Industry: IT and BPO

Industry: IT

Industry: Heavy Equipment

Industry: Medical & Imaging Equipment

Industry: Hotel Management

Industry: Consumer Goods

Industry: IT

Industry: Agro Chemicals

Industry: Ceramics

Industry: IT–Products / Solutions

Industry: E-Commerce

Industry: E-Commerce

Industry: Online B2B Platform

Industry: E-Commerce

OUR VALUATION CREDENTIALS

ValuationadvisoryforInvestmentinOne97CommunicationsLimited,participatedbyBerkshireHathwayatUSD10Billion(approx.)

ProvidedFairnessOpinionfordemergerofBusinessUndertakingofHCLInfosystemsLimitedwithitsWoS&mergerofHCLInfocomLimitedwithHCLInfosystemsLimited

ValuationadvisoryforValueofsubsidiarycompaniesofApolloTyresLimitedforODIpurpose

FairnessOpinionforschemeofarrangementamongMailTodayNewspapersPrivateLimited,IndiaTodayOnlinePrivateLimitedandT.V.TodayNetworkLimited

ValuationadvisorytoPFCforvaluationofitsdifferentprojects

EmpaneledwithGAILasConsultantforvaluationofitsStart-Upportfoliocompanies

ValuationadvisoryforInvestmentinZoomCarIndiaPrivateLimited,participatedbyMahindraandMahindraforSeriesCfundinground

ValuationadvisoryforInvestmentinJasperInfotechPvt.Limited,participatedbyCanada’sOntarioTeachersPensionPlan

FairvalueofembeddedconversionderivativecomponentinOCRPSinaccordancewithIndAS109

Clients/transactions for last 5 years only

ValuationadvisoryforValuationofBigTreeEntertainmentforSeriesD(CCPS)fundingofUSD100Million(approx.)ledbyTPGGrowth

Valuationadvisoryforascertainingvalue-additionsforthepurposeofissuanceofSweatEquityshares

ValuationadvisoryfordeterminingFairValueofsubsidiarycompaniesofInterglobeEnterprisesLimitedforODIpurpose

ValuationadvisoryfordeterminingFairMarketValueofinvestmentsmadebyHSILLimitedinAndhraPradeshGasPowerCorporationLimitedforIndASpurpose

ValuationadvisoryforarrivingatFairMarketValueofESOPofPitneyBowesIncforemployeesofitsIndiansubsidiaryforTaxpurpose

ValuationadvisoryforarrivingFairMarketValueofESOPforemployeesofPlantronicsIndiansubsidiaryforTaxpurposes

ValuationadvisoryfordeterminationofFairValueofinvestmentsmadebyitsWoSforrationalizingthestructureofitsWoScompanyanditsfurthersubsidiaries

ValuationAnalysisforAcquisitionofcompaniesonbehalfofJCB(India)Limited

Valuationadvisoryforacquisitionpurpose

ValuationadvisoryfordeterminationofrelativeshareexchangeratioonCrystal’sSchemeofArrangement

FairValueofCompulsoryConvertibleDebentures(includingDerivateValuation)issuedbySAMHItoInternationalFinanceCorporation(IFC),anarmofWorldBankinaccordancewithIndAS109

FinancialadvisorytoDaburIndiaforAcquisitionpurposeandPurchasePriceAllocation

Industry: Utilities Non-Electric

Industry: IT

Industry: Auto Tyres and Rubber Products

Industry: Broadcasting & Cable TV

Industry: Finance (including NBFC)

Industry: Online Entertainment Ticketing Industry: Automotive

Industry: IT and BPO

Industry: IT

Industry: Heavy Equipment

Industry: Medical & Imaging Equipment

Industry: Hotel Management

Industry: Consumer Goods

Industry: IT

Industry: Agro Chemicals

Industry: Ceramics

Industry: IT–Products / Solutions

Industry: E-Commerce

Industry: E-Commerce

Industry: Online B2B Platform

Industry: E-Commerce

OUR VALUATION CREDENTIALS

ValuationadvisoryforInvestmentinOne97CommunicationsLimited,participatedbyBerkshireHathwayatUSD10Billion(approx.)

ProvidedFairnessOpinionfordemergerofBusinessUndertakingofHCLInfosystemsLimitedwithitsWoS&mergerofHCLInfocomLimitedwithHCLInfosystemsLimited

ValuationadvisoryforValueofsubsidiarycompaniesofApolloTyresLimitedforODIpurpose

FairnessOpinionforschemeofarrangementamongMailTodayNewspapersPrivateLimited,IndiaTodayOnlinePrivateLimitedandT.V.TodayNetworkLimited

ValuationadvisorytoPFCforvaluationofitsdifferentprojects

EmpaneledwithGAILasConsultantforvaluationofitsStart-Upportfoliocompanies

ValuationadvisoryforInvestmentinZoomCarIndiaPrivateLimited,participatedbyMahindraandMahindraforSeriesCfundinground

ValuationadvisoryforInvestmentinJasperInfotechPvt.Limited,participatedbyCanada’sOntarioTeachersPensionPlan

FairvalueofembeddedconversionderivativecomponentinOCRPSinaccordancewithIndAS109

Clients/transactions for last 5 years only

ValuationadvisoryforValuationofBigTreeEntertainmentforSeriesD(CCPS)fundingofUSD100Million(approx.)ledbyTPGGrowth

Valuationadvisoryforascertainingvalue-additionsforthepurposeofissuanceofSweatEquityshares

ValuationadvisoryfordeterminingFairValueofsubsidiarycompaniesofInterglobeEnterprisesLimitedforODIpurpose

ValuationadvisoryfordeterminingFairMarketValueofinvestmentsmadebyHSILLimitedinAndhraPradeshGasPowerCorporationLimitedforIndASpurpose

ValuationadvisoryforarrivingatFairMarketValueofESOPofPitneyBowesIncforemployeesofitsIndiansubsidiaryforTaxpurpose

ValuationadvisoryforarrivingFairMarketValueofESOPforemployeesofPlantronicsIndiansubsidiaryforTaxpurposes

ValuationadvisoryfordeterminationofFairValueofinvestmentsmadebyitsWoSforrationalizingthestructureofitsWoScompanyanditsfurthersubsidiaries

ValuationAnalysisforAcquisitionofcompaniesonbehalfofJCB(India)Limited

Valuationadvisoryforacquisitionpurpose

ValuationadvisoryfordeterminationofrelativeshareexchangeratioonCrystal’sSchemeofArrangement

FairValueofCompulsoryConvertibleDebentures(includingDerivateValuation)issuedbySAMHItoInternationalFinanceCorporation(IFC),anarmofWorldBankinaccordancewithIndAS109

FinancialadvisorytoDaburIndiaforAcquisitionpurposeandPurchasePriceAllocation

Industry: Utilities Non-Electric

Industry: IT

Industry: Auto Tyres and Rubber Products

Industry: Broadcasting & Cable TV

Industry: Finance (including NBFC)

Industry: Online Entertainment TicketingIndustry: Automotive

Industry: IT and BPO

Industry: IT

Industry: Heavy Equipment

Industry: Medical & Imaging Equipment

Industry: Hotel Management

Industry: Consumer Goods

Industry: IT

Industry: Agro Chemicals

Industry: Ceramics

Industry: IT–Products / Solutions

Industry: E-Commerce

Industry: E-Commerce

Industry: Online B2B Platform

Industry: E-Commerce

corporate brouchure_dp.indd 7 01-03-2019 18:04:58

APPENDIX1:VALUATION APPROACHES AND METHODOLOGIES

FUNDAMENTALMETHOD

RELATIVE METHOD

OTHER METHOD

IncomeBasedMethod

Capitalization of Earning Method

(Historical)

Discounted Cash Flow Method

(Projected Time Value)

AssetBasedMethod

Book Value Method

Liquidation Value Method

Replacement Value Method

MarketBasedMethod

Comparable Companies Market Multiples Method

(Listed Peers)

Comparable Transaction

Multiples Method(Unlisted Peers)

Market Value Method

(For Quoted Securities)

Contingent Claim Valuation

(Option Pricing)

Price of Recent Investment

Method

Rule of Thumb(Multiples: Customers,

Rooms, Seats, No. of visitors

etc.) - Depends upon Industry

OUR VALUATION OFFERINGS

• BusinessValuation• ShareValuation• Derivative/OptionValuation• M&AValuationandSwapRatio• BrandValuation• FairnessOpinion• Insolvency/BankruptcyValuation• ESOPandSweatEquityValuation• RegulatoryValuations(RBI,Tax,CompaniesAct,SEBI,InsolvencyCode)

• FinancialReportingValuation(INDAS)• PropertyPlantandEquipmentValuation• BusinessModellingServices• DealStructuringandAdvisory

APPENDIX1:VALUATION APPROACHES AND METHODOLOGIES

FUNDAMENTALMETHOD

RELATIVE METHOD

OTHER METHOD

IncomeBasedMethod

Capitalization of Earning

Method(Historical)

Discounted Cash Flow

Method(Projected Time Value)

AssetBasedMethod

Book Value Method

Liquidation Value Method

Replacement Value Method

MarketBasedMethod

Comparable Companies Market

Multiples Method(Listed Peers)

Comparable Transaction

Multiples Method(Unlisted Peers)

Market Value Method

(For Quoted Securities)

Contingent Claim Valuation

(Option Pricing)

Price of Recent Investment

Method

Rule of Thumb(Multiples: Customers,

Rooms, Seats, No. of visitors etc.) - Depends

upon Industry

OUR VALUATION OFFERINGS

•BusinessValuation•ShareValuation•Derivative/OptionValuation•M&AValuationandSwapRatio•BrandValuation•FairnessOpinion•Insolvency/BankruptcyValuation•ESOPandSweatEquityValuation•RegulatoryValuations(RBI,Tax,CompaniesAct,SEBI,

InsolvencyCode)•FinancialReportingValuation(INDAS)•PropertyPlantandEquipmentValuation•BusinessModellingServices•DealStructuringandAdvisory

APPENDIX1:VALUATION APPROACHES AND METHODOLOGIES

FUNDAMENTALMETHOD

RELATIVE METHOD

OTHER METHOD

IncomeBasedMethod

Capitalization of Earning Method

(Historical)

Discounted Cash Flow Method

(Projected Time Value)

AssetBasedMethod

Book Value Method

Liquidation Value Method

Replacement Value Method

MarketBasedMethod

Comparable Companies Market Multiples Method

(Listed Peers)

Comparable Transaction

Multiples Method(Unlisted Peers)

Market Value Method

(For Quoted Securities)

Contingent Claim Valuation

(Option Pricing)

Price of Recent Investment

Method

Rule of Thumb(Multiples: Customers,

Rooms, Seats, No. of visitors

etc.) - Depends upon Industry

OUR VALUATION OFFERINGS

• BusinessValuation• ShareValuation• Derivative/OptionValuation• M&AValuationandSwapRatio• BrandValuation• FairnessOpinion• Insolvency/BankruptcyValuation• ESOPandSweatEquityValuation• RegulatoryValuations(RBI,Tax,CompaniesAct,SEBI,InsolvencyCode)

• FinancialReportingValuation(INDAS)• PropertyPlantandEquipmentValuation• BusinessModellingServices• DealStructuringandAdvisory

APPENDIX1:VALUATION APPROACHES AND METHODOLOGIES

FUNDAMENTALMETHOD

RELATIVE METHOD

OTHER METHOD

IncomeBasedMethod

Capitalization of Earning Method

(Historical)

Discounted Cash Flow Method

(Projected Time Value)

AssetBasedMethod

Book Value Method

Liquidation Value Method

Replacement Value Method

MarketBasedMethod

Comparable Companies Market Multiples Method

(Listed Peers)

Comparable Transaction

Multiples Method(Unlisted Peers)

Market Value Method

(For Quoted Securities)

Contingent Claim Valuation

(Option Pricing)

Price of Recent Investment

Method

Rule of Thumb(Multiples: Customers,

Rooms, Seats, No. of visitors

etc.) - Depends upon Industry

OUR VALUATION OFFERINGS

•BusinessValuation•ShareValuation•Derivative/OptionValuation•M&AValuationandSwapRatio•BrandValuation•FairnessOpinion•Insolvency/BankruptcyValuation•ESOPandSweatEquityValuation•RegulatoryValuations(RBI,Tax,CompaniesAct,SEBI,InsolvencyCode)

•FinancialReportingValuation(INDAS)•PropertyPlantandEquipmentValuation•BusinessModellingServices•DealStructuringandAdvisory

APPENDIX1:VALUATION APPROACHES AND METHODOLOGIES

FUNDAMENTALMETHOD

RELATIVE METHOD

OTHER METHOD

IncomeBasedMethod

Capitalization of Earning Method

(Historical)

Discounted Cash Flow Method

(Projected Time Value)

AssetBasedMethod

Book Value Method

Liquidation Value Method

Replacement Value Method

MarketBasedMethod

Comparable Companies Market Multiples Method

(Listed Peers)

Comparable Transaction

Multiples Method(Unlisted Peers)

Market Value Method

(For Quoted Securities)

Contingent Claim Valuation

(Option Pricing)

Price of Recent Investment

Method

Rule of Thumb(Multiples: Customers,

Rooms, Seats, No. of visitors

etc.) - Depends upon Industry

OUR VALUATION OFFERINGS

• BusinessValuation• ShareValuation• Derivative/OptionValuation• M&AValuationandSwapRatio• BrandValuation• FairnessOpinion• Insolvency/BankruptcyValuation• ESOPandSweatEquityValuation• RegulatoryValuations(RBI,Tax,CompaniesAct,SEBI,InsolvencyCode)

• FinancialReportingValuation(INDAS)• PropertyPlantandEquipmentValuation• BusinessModellingServices• DealStructuringandAdvisory

APPENDIX1:VALUATION APPROACHES AND METHODOLOGIES

FUNDAMENTALMETHOD

RELATIVE METHOD

OTHER METHOD

IncomeBasedMethod

Capitalization of Earning Method

(Historical)

Discounted Cash Flow Method

(Projected Time Value)

AssetBasedMethod

Book Value Method

Liquidation Value Method

Replacement Value Method

MarketBasedMethod

Comparable Companies Market Multiples Method

(Listed Peers)

Comparable Transaction

Multiples Method(Unlisted Peers)

Market Value Method

(For Quoted Securities)

Contingent Claim Valuation

(Option Pricing)

Price of Recent Investment

Method

Rule of Thumb(Multiples: Customers,

Rooms, Seats, No. of visitors

etc.) - Depends upon Industry

OUR VALUATION OFFERINGS

•BusinessValuation•ShareValuation•Derivative/OptionValuation•M&AValuationandSwapRatio•BrandValuation•FairnessOpinion•Insolvency/BankruptcyValuation•ESOPandSweatEquityValuation•RegulatoryValuations(RBI,Tax,CompaniesAct,SEBI,InsolvencyCode)

•FinancialReportingValuation(INDAS)•PropertyPlantandEquipmentValuation•BusinessModellingServices•DealStructuringandAdvisory

corporate brouchure_dp.indd 8 01-03-2019 18:05:05

APPENDIX1:VALUATION APPROACHES AND METHODOLOGIES

FUNDAMENTALMETHOD

RELATIVE METHOD

OTHER METHOD

IncomeBasedMethod

Capitalization of Earning Method

(Historical)

Discounted Cash Flow Method

(Projected Time Value)

AssetBasedMethod

Book Value Method

Liquidation Value Method

Replacement Value Method

MarketBasedMethod

Comparable Companies Market Multiples Method

(Listed Peers)

Comparable Transaction

Multiples Method(Unlisted Peers)

Market Value Method

(For Quoted Securities)

Contingent Claim Valuation

(Option Pricing)

Price of Recent Investment

Method

Rule of Thumb(Multiples: Customers,

Rooms, Seats, No. of visitors

etc.) - Depends upon Industry

OUR VALUATION OFFERINGS

• BusinessValuation• ShareValuation• Derivative/OptionValuation• M&AValuationandSwapRatio• BrandValuation• FairnessOpinion• Insolvency/BankruptcyValuation• ESOPandSweatEquityValuation• RegulatoryValuations(RBI,Tax,CompaniesAct,SEBI,InsolvencyCode)

• FinancialReportingValuation(INDAS)• PropertyPlantandEquipmentValuation• BusinessModellingServices• DealStructuringandAdvisory

APPENDIX1:VALUATION APPROACHES AND METHODOLOGIES

FUNDAMENTALMETHOD

RELATIVE METHOD

OTHER METHOD

IncomeBasedMethod

Capitalization of Earning

Method(Historical)

Discounted Cash Flow

Method(Projected Time Value)

AssetBasedMethod

Book Value Method

Liquidation Value Method

Replacement Value Method

MarketBasedMethod

Comparable Companies Market

Multiples Method(Listed Peers)

Comparable Transaction

Multiples Method(Unlisted Peers)

Market Value Method

(For Quoted Securities)

Contingent Claim Valuation

(Option Pricing)

Price of Recent Investment

Method

Rule of Thumb(Multiples: Customers,

Rooms, Seats, No. of visitors etc.) - Depends

upon Industry

OUR VALUATION OFFERINGS

•BusinessValuation•ShareValuation•Derivative/OptionValuation•M&AValuationandSwapRatio•BrandValuation•FairnessOpinion•Insolvency/BankruptcyValuation•ESOPandSweatEquityValuation•RegulatoryValuations(RBI,Tax,CompaniesAct,SEBI,

InsolvencyCode)•FinancialReportingValuation(INDAS)•PropertyPlantandEquipmentValuation•BusinessModellingServices•DealStructuringandAdvisory

APPENDIX1:VALUATION APPROACHES AND METHODOLOGIES

FUNDAMENTALMETHOD

RELATIVE METHOD

OTHER METHOD

IncomeBasedMethod

Capitalization of Earning Method

(Historical)

Discounted Cash Flow Method

(Projected Time Value)

AssetBasedMethod

Book Value Method

Liquidation Value Method

Replacement Value Method

MarketBasedMethod

Comparable Companies Market Multiples Method

(Listed Peers)

Comparable Transaction

Multiples Method(Unlisted Peers)

Market Value Method

(For Quoted Securities)

Contingent Claim Valuation

(Option Pricing)

Price of Recent Investment

Method

Rule of Thumb(Multiples: Customers,

Rooms, Seats, No. of visitors

etc.) - Depends upon Industry

OUR VALUATION OFFERINGS

• BusinessValuation• ShareValuation• Derivative/OptionValuation• M&AValuationandSwapRatio• BrandValuation• FairnessOpinion• Insolvency/BankruptcyValuation• ESOPandSweatEquityValuation• RegulatoryValuations(RBI,Tax,CompaniesAct,SEBI,InsolvencyCode)

• FinancialReportingValuation(INDAS)• PropertyPlantandEquipmentValuation• BusinessModellingServices• DealStructuringandAdvisory

APPENDIX1:VALUATION APPROACHES AND METHODOLOGIES

FUNDAMENTALMETHOD

RELATIVE METHOD

OTHER METHOD

IncomeBasedMethod

Capitalization of Earning Method

(Historical)

Discounted Cash Flow Method

(Projected Time Value)

AssetBasedMethod

Book Value Method

Liquidation Value Method

Replacement Value Method

MarketBasedMethod

Comparable Companies Market Multiples Method

(Listed Peers)

Comparable Transaction

Multiples Method(Unlisted Peers)

Market Value Method

(For Quoted Securities)

Contingent Claim Valuation

(Option Pricing)

Price of Recent Investment

Method

Rule of Thumb(Multiples: Customers,

Rooms, Seats, No. of visitors

etc.) - Depends upon Industry

OUR VALUATION OFFERINGS

•BusinessValuation•ShareValuation•Derivative/OptionValuation•M&AValuationandSwapRatio•BrandValuation•FairnessOpinion•Insolvency/BankruptcyValuation•ESOPandSweatEquityValuation•RegulatoryValuations(RBI,Tax,CompaniesAct,SEBI,InsolvencyCode)

•FinancialReportingValuation(INDAS)•PropertyPlantandEquipmentValuation•BusinessModellingServices•DealStructuringandAdvisory

APPENDIX1:VALUATION APPROACHES AND METHODOLOGIES

FUNDAMENTALMETHOD

RELATIVE METHOD

OTHER METHOD

IncomeBasedMethod

Capitalization of Earning Method

(Historical)

Discounted Cash Flow Method

(Projected Time Value)

AssetBasedMethod

Book Value Method

Liquidation Value Method

Replacement Value Method

MarketBasedMethod

Comparable Companies Market Multiples Method

(Listed Peers)

Comparable Transaction

Multiples Method(Unlisted Peers)

Market Value Method

(For Quoted Securities)

Contingent Claim Valuation

(Option Pricing)

Price of Recent Investment

Method

Rule of Thumb(Multiples: Customers,

Rooms, Seats, No. of visitors

etc.) - Depends upon Industry

OUR VALUATION OFFERINGS

• BusinessValuation• ShareValuation• Derivative/OptionValuation• M&AValuationandSwapRatio• BrandValuation• FairnessOpinion• Insolvency/BankruptcyValuation• ESOPandSweatEquityValuation• RegulatoryValuations(RBI,Tax,CompaniesAct,SEBI,InsolvencyCode)

• FinancialReportingValuation(INDAS)• PropertyPlantandEquipmentValuation• BusinessModellingServices• DealStructuringandAdvisory

APPENDIX1:VALUATION APPROACHES AND METHODOLOGIES

FUNDAMENTALMETHOD

RELATIVE METHOD

OTHER METHOD

IncomeBasedMethod

Capitalization of Earning Method

(Historical)

Discounted Cash Flow Method

(Projected Time Value)

AssetBasedMethod

Book Value Method

Liquidation Value Method

Replacement Value Method

MarketBasedMethod

Comparable Companies Market Multiples Method

(Listed Peers)

Comparable Transaction

Multiples Method(Unlisted Peers)

Market Value Method

(For Quoted Securities)

Contingent Claim Valuation

(Option Pricing)

Price of Recent Investment

Method

Rule of Thumb(Multiples: Customers,

Rooms, Seats, No. of visitors

etc.) - Depends upon Industry

OUR VALUATION OFFERINGS

•BusinessValuation•ShareValuation•Derivative/OptionValuation•M&AValuationandSwapRatio•BrandValuation•FairnessOpinion•Insolvency/BankruptcyValuation•ESOPandSweatEquityValuation•RegulatoryValuations(RBI,Tax,CompaniesAct,SEBI,InsolvencyCode)

•FinancialReportingValuation(INDAS)•PropertyPlantandEquipmentValuation•BusinessModellingServices•DealStructuringandAdvisory

corporate brouchure_dp.indd 9 01-03-2019 18:05:11

APPENDIX2: VALUATION METHODOLOGIES AND VALUE IMPACT

MAJORVALUATIONMETHODOLOGIES IDEAL FOR RESULT

NetAssetValue

NetAssetValue(BookValue) MinorityValue

EquityValueNetAssetValue(FairValue) ControlValue

ComparableCompaniesMultiples(CCM)Method

PricetoEarning,BookValueMultiple

MinorityValue

EquityValue

EBIT,EBITDAMultiple EnterpriseValue

ComparableTransactionMultiples(CTM)Method

PricetoEarning,BookValueMultiple

ControlValue

EquityValue

EBIT,EBITDAMultiple EnterpriseValue

DiscountedCashFlow(DCF)

Equity

ControlValue

EquityValue

Firm EnterpriseValue

CORPORATEPROFESSIONALS

ABOUT

OurGamutofServices

Corporate Professionals (CP), a group of dedicated, research oriented and skilledprofessionalsispioneerindeliveringinnovativeanddistinguishedcorporatebusinesssolutionsthroughauniquemodelofintegratedfinancialandlegalconsultingservicessince2003.

Within the group, is nestled a boutique law firm, rendering quality services in thefield of Corporate Laws including Insolvency services, Securities Laws and Legal &RegulatoryservicesandaSEBIRegistered(Cat-I)MerchantBankerwithfocusonM&A,BusinessValuationsandCapitalMarketservices.TheGrouphasexpertiseindealingwithcomplicatedtransactionsandhascompletedmorethan5000assignmentsofover1000CorporateHouses,comprisingbothdomesticandmulti-nationalcompanies.

Our dedicated Valuation Team provides complete Valuation solutions includingvaluationofbusiness,sharesandderivatives.OurValuationTeamhasabout60yearsofconsolidatedtransactionAdvisoryexperiencewithabout13yearsoffocusedValuationpractice.Wehave impeccable track recordofexecutingmore than1000Valuationsworth25bn.$foreminentclientsindifferentcontextandacrossindustriesincludingAuto & Auto Components, Capital Goods, Chemicals, Construction Materials,ConsumerDurables, e-commerce, FMCG, Financial Services,Healthcare&Pharma,Hotels,IndustrialMachinery,ITSoftware,ITHardware,Media,MetalsandMining,Paper,Power and Renewable Energy, Real Estate, Retail, Telecom, Textiles, TransportationandInfraetc.Ourteamregularlydoesresearchandpublishesarticlesandcasestudiesonvariedvaluationissuesandsectoraltrends.WeareempanelledwiththeBSEandNSEasanIndependentValuerforvaluationofexclusivelylistedcompanies(ELCs)onDisseminationBoard(DB)forprovidingExitOpportunitytothePublicShareholdersandalsowithGAIL(India)LimitedforvaluationofitsStart-upportfoliocompaniesandwiththePowerFinanceCorporationLimitedforvaluationofitsdifferentprojects.

Besidesourgroupwebsitewww.corporateprofessionals.comourdedicatedwebsiteonvaluation www.corporatevaluations.in,whichisthefirstandonlywebportaldedicatedtoBusinessValuationsinIndia,exhibitsTeam’sdeepunderstandingandproficiencyofthesubject.

OurValuationteamhasrecentlycomeoutwithacomprehensivepublicationon“BusinessValuationsinIndia–beyondthenumbers”,afirstofitskindbookonvaluationinIndia.

Mergers&AcquisitionsIInsolvencyResolutionICorporateDealsITransactionAdvisoryIValuation&BizModellingICapitalMarketsServicesIESOPServicesICorporateLaws-Advisory,Documentation&DraftingISecuritiesLawsAdvisory

APPENDIX2: VALUATION METHODOLOGIES AND VALUE IMPACT

MAJORVALUATIONMETHODOLOGIESIDEAL FORRESULT

NetAssetValue

NetAssetValue(BookValue)MinorityValue

EquityValueNetAssetValue

(FairValue)ControlValue

ComparableCompaniesMultiples(CCM)Method

PricetoEarning,BookValueMultiple

MinorityValue

EquityValue

EBIT,EBITDAMultipleEnterpriseValue

ComparableTransactionMultiples(CTM)Method

PricetoEarning,BookValueMultiple

ControlValue

EquityValue

EBIT,EBITDAMultipleEnterpriseValue

DiscountedCashFlow(DCF)

Equity

ControlValue

EquityValue

FirmEnterpriseValue

CORPORATEPROFESSIONALS

ABOUT

OurGamutofServices

CorporateProfessionals(CP),agroupofdedicated,researchorientedandskilledprofessionalsispioneerindeliveringinnovativeanddistinguishedcorporatebusinesssolutionsthroughauniquemodelofintegratedfinancialandlegalconsultingservicessince2003.

Withinthegroup,isnestledaboutiquelawfirm,renderingqualityservicesinthefieldofCorporateLawsincludingInsolvencyservices,SecuritiesLawsandLegal&RegulatoryservicesandaSEBIRegistered(Cat-I)MerchantBankerwithfocusonM&A,BusinessValuationsandCapitalMarketservices.TheGrouphasexpertiseindealingwithcomplicatedtransactionsandhascompletedmorethan5000assignmentsofover1000CorporateHouses,comprisingbothdomesticandmulti-nationalcompanies.

OurdedicatedValuationTeamprovidescompleteValuationsolutionsincludingvaluationofbusiness,sharesandderivatives.OurValuationTeamhasabout60yearsofconsolidatedtransactionAdvisoryexperiencewithabout13yearsoffocusedValuationpractice.Wehaveimpeccabletrackrecordofexecutingmorethan1000Valuationsworth25bn.$foreminentclientsindifferentcontextandacrossindustriesincludingAuto&AutoComponents,CapitalGoods,Chemicals,ConstructionMaterials,ConsumerDurables,e-commerce,FMCG,FinancialServices,Healthcare&Pharma,Hotels,IndustrialMachinery,ITSoftware,ITHardware,Media,MetalsandMining,Paper,PowerandRenewableEnergy,RealEstate,Retail,Telecom,Textiles,TransportationandInfraetc.Ourteamregularlydoesresearchandpublishesarticlesandcasestudiesonvariedvaluationissuesandsectoraltrends.WeareempanelledwiththeBSEandNSEasanIndependentValuerforvaluationofexclusivelylistedcompanies(ELCs)onDisseminationBoard(DB)forprovidingExitOpportunitytothePublicShareholdersandalsowithGAIL(India)LimitedforvaluationofitsStart-upportfoliocompaniesandwiththePowerFinanceCorporationLimitedforvaluationofitsdifferentprojects.

Besidesourgroupwebsitewww.corporateprofessionals.comourdedicatedwebsiteonvaluation www.corporatevaluations.in,whichisthefirstandonlywebportaldedicatedtoBusinessValuationsinIndia,exhibitsTeam’sdeepunderstandingandproficiencyofthesubject.

OurValuationteamhasrecentlycomeoutwithacomprehensivepublicationon“BusinessValuationsinIndia–beyondthenumbers”,afirstofitskindbookonvaluationinIndia.

Mergers&AcquisitionsIInsolvencyResolutionICorporateDealsITransactionAdvisoryIValuation&BizModellingICapitalMarketsServicesIESOPServicesICorporateLaws-Advisory,Documentation&DraftingISecuritiesLawsAdvisory

APPENDIX2: VALUATION METHODOLOGIES AND VALUE IMPACT

MAJORVALUATIONMETHODOLOGIES IDEAL FOR RESULT

NetAssetValue

NetAssetValue(BookValue) MinorityValue

EquityValueNetAssetValue(FairValue) ControlValue

ComparableCompaniesMultiples(CCM)Method

PricetoEarning,BookValueMultiple

MinorityValue

EquityValue

EBIT,EBITDAMultiple EnterpriseValue

ComparableTransactionMultiples(CTM)Method

PricetoEarning,BookValueMultiple

ControlValue

EquityValue

EBIT,EBITDAMultiple EnterpriseValue

DiscountedCashFlow(DCF)

Equity

ControlValue

EquityValue

Firm EnterpriseValue

CORPORATEPROFESSIONALS

ABOUT

OurGamutofServices

Corporate Professionals (CP), a group of dedicated, research oriented and skilledprofessionalsispioneerindeliveringinnovativeanddistinguishedcorporatebusinesssolutionsthroughauniquemodelofintegratedfinancialandlegalconsultingservicessince2003.

Within the group, is nestled a boutique law firm, rendering quality services in thefield of Corporate Laws including Insolvency services, Securities Laws and Legal &RegulatoryservicesandaSEBIRegistered(Cat-I)MerchantBankerwithfocusonM&A,BusinessValuationsandCapitalMarketservices.TheGrouphasexpertiseindealingwithcomplicatedtransactionsandhascompletedmorethan5000assignmentsofover1000CorporateHouses,comprisingbothdomesticandmulti-nationalcompanies.

Our dedicated Valuation Team provides complete Valuation solutions includingvaluationofbusiness,sharesandderivatives.OurValuationTeamhasabout60yearsofconsolidatedtransactionAdvisoryexperiencewithabout13yearsoffocusedValuationpractice.Wehave impeccable track recordofexecutingmore than1000Valuationsworth25bn.$foreminentclientsindifferentcontextandacrossindustriesincludingAuto & Auto Components, Capital Goods, Chemicals, Construction Materials,ConsumerDurables, e-commerce, FMCG, Financial Services,Healthcare&Pharma,Hotels,IndustrialMachinery,ITSoftware,ITHardware,Media,MetalsandMining,Paper,Power and Renewable Energy, Real Estate, Retail, Telecom, Textiles, TransportationandInfraetc.Ourteamregularlydoesresearchandpublishesarticlesandcasestudiesonvariedvaluationissuesandsectoraltrends.WeareempanelledwiththeBSEandNSEasanIndependentValuerforvaluationofexclusivelylistedcompanies(ELCs)onDisseminationBoard(DB)forprovidingExitOpportunitytothePublicShareholdersandalsowithGAIL(India)LimitedforvaluationofitsStart-upportfoliocompaniesandwiththePowerFinanceCorporationLimitedforvaluationofitsdifferentprojects.

Besidesourgroupwebsitewww.corporateprofessionals.comourdedicatedwebsiteonvaluation www.corporatevaluations.in,whichisthefirstandonlywebportaldedicatedtoBusinessValuationsinIndia,exhibitsTeam’sdeepunderstandingandproficiencyofthesubject.

OurValuationteamhasrecentlycomeoutwithacomprehensivepublicationon“BusinessValuationsinIndia–beyondthenumbers”,afirstofitskindbookonvaluationinIndia.

Mergers&AcquisitionsIInsolvencyResolutionICorporateDealsITransactionAdvisoryIValuation&BizModellingICapitalMarketsServicesIESOPServicesICorporateLaws-Advisory,Documentation&DraftingISecuritiesLawsAdvisory

APPENDIX2: VALUATION METHODOLOGIES AND VALUE IMPACT

MAJORVALUATIONMETHODOLOGIESIDEAL FORRESULT

NetAssetValue

NetAssetValue(BookValue)MinorityValue

EquityValueNetAssetValue(FairValue)ControlValue

ComparableCompaniesMultiples(CCM)Method

PricetoEarning,BookValueMultiple

MinorityValue

EquityValue

EBIT,EBITDAMultipleEnterpriseValue

ComparableTransactionMultiples(CTM)Method

PricetoEarning,BookValueMultiple

ControlValue

EquityValue

EBIT,EBITDAMultipleEnterpriseValue

DiscountedCashFlow(DCF)

Equity

ControlValue

EquityValue

FirmEnterpriseValue

CORPORATEPROFESSIONALS

ABOUT

OurGamutofServices

CorporateProfessionals(CP),agroupofdedicated,researchorientedandskilledprofessionalsispioneerindeliveringinnovativeanddistinguishedcorporatebusinesssolutionsthroughauniquemodelofintegratedfinancialandlegalconsultingservicessince2003.

Withinthegroup,isnestledaboutiquelawfirm,renderingqualityservicesinthefieldofCorporateLawsincludingInsolvencyservices,SecuritiesLawsandLegal&RegulatoryservicesandaSEBIRegistered(Cat-I)MerchantBankerwithfocusonM&A,BusinessValuationsandCapitalMarketservices.TheGrouphasexpertiseindealingwithcomplicatedtransactionsandhascompletedmorethan5000assignmentsofover1000CorporateHouses,comprisingbothdomesticandmulti-nationalcompanies.

OurdedicatedValuationTeamprovidescompleteValuationsolutionsincludingvaluationofbusiness,sharesandderivatives.OurValuationTeamhasabout60yearsofconsolidatedtransactionAdvisoryexperiencewithabout13yearsoffocusedValuationpractice.Wehaveimpeccabletrackrecordofexecutingmorethan1000Valuationsworth25bn.$foreminentclientsindifferentcontextandacrossindustriesincludingAuto&AutoComponents,CapitalGoods,Chemicals,ConstructionMaterials,ConsumerDurables,e-commerce,FMCG,FinancialServices,Healthcare&Pharma,Hotels,IndustrialMachinery,ITSoftware,ITHardware,Media,MetalsandMining,Paper,PowerandRenewableEnergy,RealEstate,Retail,Telecom,Textiles,TransportationandInfraetc.Ourteamregularlydoesresearchandpublishesarticlesandcasestudiesonvariedvaluationissuesandsectoraltrends.WeareempanelledwiththeBSEandNSEasanIndependentValuerforvaluationofexclusivelylistedcompanies(ELCs)onDisseminationBoard(DB)forprovidingExitOpportunitytothePublicShareholdersandalsowithGAIL(India)LimitedforvaluationofitsStart-upportfoliocompaniesandwiththePowerFinanceCorporationLimitedforvaluationofitsdifferentprojects.

Besidesourgroupwebsitewww.corporateprofessionals.comourdedicatedwebsiteonvaluation www.corporatevaluations.in,whichisthefirstandonlywebportaldedicatedtoBusinessValuationsinIndia,exhibitsTeam’sdeepunderstandingandproficiencyofthesubject.

OurValuationteamhasrecentlycomeoutwithacomprehensivepublicationon“BusinessValuationsinIndia–beyondthenumbers”,afirstofitskindbookonvaluationinIndia.

Mergers&AcquisitionsIInsolvencyResolutionICorporateDealsITransactionAdvisoryIValuation&BizModellingICapitalMarketsServicesIESOPServicesICorporateLaws-Advisory,Documentation&DraftingISecuritiesLawsAdvisory

APPENDIX2: VALUATION METHODOLOGIES AND VALUE IMPACT

MAJORVALUATIONMETHODOLOGIES IDEAL FOR RESULT

NetAssetValue

NetAssetValue(BookValue) MinorityValue

EquityValueNetAssetValue(FairValue) ControlValue

ComparableCompaniesMultiples(CCM)Method

PricetoEarning,BookValueMultiple

MinorityValue

EquityValue

EBIT,EBITDAMultiple EnterpriseValue

ComparableTransactionMultiples(CTM)Method

PricetoEarning,BookValueMultiple

ControlValue

EquityValue

EBIT,EBITDAMultiple EnterpriseValue

DiscountedCashFlow(DCF)

Equity

ControlValue

EquityValue

Firm EnterpriseValue

CORPORATEPROFESSIONALS

ABOUT

OurGamutofServices

Corporate Professionals (CP), a group of dedicated, research oriented and skilledprofessionalsispioneerindeliveringinnovativeanddistinguishedcorporatebusinesssolutionsthroughauniquemodelofintegratedfinancialandlegalconsultingservicessince2003.

Within the group, is nestled a boutique law firm, rendering quality services in thefield of Corporate Laws including Insolvency services, Securities Laws and Legal &RegulatoryservicesandaSEBIRegistered(Cat-I)MerchantBankerwithfocusonM&A,BusinessValuationsandCapitalMarketservices.TheGrouphasexpertiseindealingwithcomplicatedtransactionsandhascompletedmorethan5000assignmentsofover1000CorporateHouses,comprisingbothdomesticandmulti-nationalcompanies.

Our dedicated Valuation Team provides complete Valuation solutions includingvaluationofbusiness,sharesandderivatives.OurValuationTeamhasabout60yearsofconsolidatedtransactionAdvisoryexperiencewithabout13yearsoffocusedValuationpractice.Wehave impeccable track recordofexecutingmore than1000Valuationsworth25bn.$foreminentclientsindifferentcontextandacrossindustriesincludingAuto & Auto Components, Capital Goods, Chemicals, Construction Materials,ConsumerDurables, e-commerce, FMCG, Financial Services,Healthcare&Pharma,Hotels,IndustrialMachinery,ITSoftware,ITHardware,Media,MetalsandMining,Paper,Power and Renewable Energy, Real Estate, Retail, Telecom, Textiles, TransportationandInfraetc.Ourteamregularlydoesresearchandpublishesarticlesandcasestudiesonvariedvaluationissuesandsectoraltrends.WeareempanelledwiththeBSEandNSEasanIndependentValuerforvaluationofexclusivelylistedcompanies(ELCs)onDisseminationBoard(DB)forprovidingExitOpportunitytothePublicShareholdersandalsowithGAIL(India)LimitedforvaluationofitsStart-upportfoliocompaniesandwiththePowerFinanceCorporationLimitedforvaluationofitsdifferentprojects.

Besidesourgroupwebsitewww.corporateprofessionals.comourdedicatedwebsiteonvaluation www.corporatevaluations.in,whichisthefirstandonlywebportaldedicatedtoBusinessValuationsinIndia,exhibitsTeam’sdeepunderstandingandproficiencyofthesubject.

OurValuationteamhasrecentlycomeoutwithacomprehensivepublicationon“BusinessValuationsinIndia–beyondthenumbers”,afirstofitskindbookonvaluationinIndia.

Mergers&AcquisitionsIInsolvencyResolutionICorporateDealsITransactionAdvisoryIValuation&BizModellingICapitalMarketsServicesIESOPServicesICorporateLaws-Advisory,Documentation&DraftingISecuritiesLawsAdvisory

APPENDIX2: VALUATION METHODOLOGIES AND VALUE IMPACT

MAJORVALUATIONMETHODOLOGIESIDEAL FORRESULT

NetAssetValue

NetAssetValue(BookValue)MinorityValue

EquityValueNetAssetValue(FairValue)ControlValue

ComparableCompaniesMultiples(CCM)Method

PricetoEarning,BookValueMultiple

MinorityValue

EquityValue

EBIT,EBITDAMultipleEnterpriseValue

ComparableTransactionMultiples(CTM)Method

PricetoEarning,BookValueMultiple

ControlValue

EquityValue

EBIT,EBITDAMultipleEnterpriseValue

DiscountedCashFlow(DCF)

Equity

ControlValue

EquityValue

FirmEnterpriseValue

CORPORATEPROFESSIONALS

ABOUT

OurGamutofServices

CorporateProfessionals(CP),agroupofdedicated,researchorientedandskilledprofessionalsispioneerindeliveringinnovativeanddistinguishedcorporatebusinesssolutionsthroughauniquemodelofintegratedfinancialandlegalconsultingservicessince2003.

Withinthegroup,isnestledaboutiquelawfirm,renderingqualityservicesinthefieldofCorporateLawsincludingInsolvencyservices,SecuritiesLawsandLegal&RegulatoryservicesandaSEBIRegistered(Cat-I)MerchantBankerwithfocusonM&A,BusinessValuationsandCapitalMarketservices.TheGrouphasexpertiseindealingwithcomplicatedtransactionsandhascompletedmorethan5000assignmentsofover1000CorporateHouses,comprisingbothdomesticandmulti-nationalcompanies.

OurdedicatedValuationTeamprovidescompleteValuationsolutionsincludingvaluationofbusiness,sharesandderivatives.OurValuationTeamhasabout60yearsofconsolidatedtransactionAdvisoryexperiencewithabout13yearsoffocusedValuationpractice.Wehaveimpeccabletrackrecordofexecutingmorethan1000Valuationsworth25bn.$foreminentclientsindifferentcontextandacrossindustriesincludingAuto&AutoComponents,CapitalGoods,Chemicals,ConstructionMaterials,ConsumerDurables,e-commerce,FMCG,FinancialServices,Healthcare&Pharma,Hotels,IndustrialMachinery,ITSoftware,ITHardware,Media,MetalsandMining,Paper,PowerandRenewableEnergy,RealEstate,Retail,Telecom,Textiles,TransportationandInfraetc.Ourteamregularlydoesresearchandpublishesarticlesandcasestudiesonvariedvaluationissuesandsectoraltrends.WeareempanelledwiththeBSEandNSEasanIndependentValuerforvaluationofexclusivelylistedcompanies(ELCs)onDisseminationBoard(DB)forprovidingExitOpportunitytothePublicShareholdersandalsowithGAIL(India)LimitedforvaluationofitsStart-upportfoliocompaniesandwiththePowerFinanceCorporationLimitedforvaluationofitsdifferentprojects.

Besidesourgroupwebsitewww.corporateprofessionals.comourdedicatedwebsiteonvaluation www.corporatevaluations.in,whichisthefirstandonlywebportaldedicatedtoBusinessValuationsinIndia,exhibitsTeam’sdeepunderstandingandproficiencyofthesubject.

OurValuationteamhasrecentlycomeoutwithacomprehensivepublicationon“BusinessValuationsinIndia–beyondthenumbers”,afirstofitskindbookonvaluationinIndia.

Mergers&AcquisitionsIInsolvencyResolutionICorporateDealsITransactionAdvisoryIValuation&BizModellingICapitalMarketsServicesIESOPServicesICorporateLaws-Advisory,Documentation&DraftingISecuritiesLawsAdvisory

corporate brouchure_dp.indd 10 01-03-2019 18:05:12

APPENDIX2: VALUATION METHODOLOGIES AND VALUE IMPACT

MAJORVALUATIONMETHODOLOGIES IDEAL FOR RESULT

NetAssetValue

NetAssetValue(BookValue) MinorityValue

EquityValueNetAssetValue(FairValue) ControlValue

ComparableCompaniesMultiples(CCM)Method

PricetoEarning,BookValueMultiple

MinorityValue

EquityValue

EBIT,EBITDAMultiple EnterpriseValue

ComparableTransactionMultiples(CTM)Method

PricetoEarning,BookValueMultiple

ControlValue

EquityValue

EBIT,EBITDAMultiple EnterpriseValue

DiscountedCashFlow(DCF)

Equity

ControlValue

EquityValue

Firm EnterpriseValue

CORPORATEPROFESSIONALS

ABOUT

OurGamutofServices

Corporate Professionals (CP), a group of dedicated, research oriented and skilledprofessionalsispioneerindeliveringinnovativeanddistinguishedcorporatebusinesssolutionsthroughauniquemodelofintegratedfinancialandlegalconsultingservicessince2003.

Within the group, is nestled a boutique law firm, rendering quality services in thefield of Corporate Laws including Insolvency services, Securities Laws and Legal &RegulatoryservicesandaSEBIRegistered(Cat-I)MerchantBankerwithfocusonM&A,BusinessValuationsandCapitalMarketservices.TheGrouphasexpertiseindealingwithcomplicatedtransactionsandhascompletedmorethan5000assignmentsofover1000CorporateHouses,comprisingbothdomesticandmulti-nationalcompanies.

Our dedicated Valuation Team provides complete Valuation solutions includingvaluationofbusiness,sharesandderivatives.OurValuationTeamhasabout60yearsofconsolidatedtransactionAdvisoryexperiencewithabout13yearsoffocusedValuationpractice.Wehave impeccable track recordofexecutingmore than1000Valuationsworth25bn.$foreminentclientsindifferentcontextandacrossindustriesincludingAuto & Auto Components, Capital Goods, Chemicals, Construction Materials,ConsumerDurables, e-commerce, FMCG, Financial Services,Healthcare&Pharma,Hotels,IndustrialMachinery,ITSoftware,ITHardware,Media,MetalsandMining,Paper,Power and Renewable Energy, Real Estate, Retail, Telecom, Textiles, TransportationandInfraetc.Ourteamregularlydoesresearchandpublishesarticlesandcasestudiesonvariedvaluationissuesandsectoraltrends.WeareempanelledwiththeBSEandNSEasanIndependentValuerforvaluationofexclusivelylistedcompanies(ELCs)onDisseminationBoard(DB)forprovidingExitOpportunitytothePublicShareholdersandalsowithGAIL(India)LimitedforvaluationofitsStart-upportfoliocompaniesandwiththePowerFinanceCorporationLimitedforvaluationofitsdifferentprojects.

Besidesourgroupwebsitewww.corporateprofessionals.comourdedicatedwebsiteonvaluation www.corporatevaluations.in,whichisthefirstandonlywebportaldedicatedtoBusinessValuationsinIndia,exhibitsTeam’sdeepunderstandingandproficiencyofthesubject.

OurValuationteamhasrecentlycomeoutwithacomprehensivepublicationon“BusinessValuationsinIndia–beyondthenumbers”,afirstofitskindbookonvaluationinIndia.

Mergers&AcquisitionsIInsolvencyResolutionICorporateDealsITransactionAdvisoryIValuation&BizModellingICapitalMarketsServicesIESOPServicesICorporateLaws-Advisory,Documentation&DraftingISecuritiesLawsAdvisory

APPENDIX2: VALUATION METHODOLOGIES AND VALUE IMPACT

MAJORVALUATIONMETHODOLOGIESIDEAL FORRESULT

NetAssetValue

NetAssetValue(BookValue)MinorityValue

EquityValueNetAssetValue

(FairValue)ControlValue

ComparableCompaniesMultiples(CCM)Method

PricetoEarning,BookValueMultiple

MinorityValue

EquityValue

EBIT,EBITDAMultipleEnterpriseValue

ComparableTransactionMultiples(CTM)Method

PricetoEarning,BookValueMultiple

ControlValue

EquityValue

EBIT,EBITDAMultipleEnterpriseValue

DiscountedCashFlow(DCF)

Equity

ControlValue

EquityValue

FirmEnterpriseValue

CORPORATEPROFESSIONALS

ABOUT

OurGamutofServices

CorporateProfessionals(CP),agroupofdedicated,researchorientedandskilledprofessionalsispioneerindeliveringinnovativeanddistinguishedcorporatebusinesssolutionsthroughauniquemodelofintegratedfinancialandlegalconsultingservicessince2003.

Withinthegroup,isnestledaboutiquelawfirm,renderingqualityservicesinthefieldofCorporateLawsincludingInsolvencyservices,SecuritiesLawsandLegal&RegulatoryservicesandaSEBIRegistered(Cat-I)MerchantBankerwithfocusonM&A,BusinessValuationsandCapitalMarketservices.TheGrouphasexpertiseindealingwithcomplicatedtransactionsandhascompletedmorethan5000assignmentsofover1000CorporateHouses,comprisingbothdomesticandmulti-nationalcompanies.

OurdedicatedValuationTeamprovidescompleteValuationsolutionsincludingvaluationofbusiness,sharesandderivatives.OurValuationTeamhasabout60yearsofconsolidatedtransactionAdvisoryexperiencewithabout13yearsoffocusedValuationpractice.Wehaveimpeccabletrackrecordofexecutingmorethan1000Valuationsworth25bn.$foreminentclientsindifferentcontextandacrossindustriesincludingAuto&AutoComponents,CapitalGoods,Chemicals,ConstructionMaterials,ConsumerDurables,e-commerce,FMCG,FinancialServices,Healthcare&Pharma,Hotels,IndustrialMachinery,ITSoftware,ITHardware,Media,MetalsandMining,Paper,PowerandRenewableEnergy,RealEstate,Retail,Telecom,Textiles,TransportationandInfraetc.Ourteamregularlydoesresearchandpublishesarticlesandcasestudiesonvariedvaluationissuesandsectoraltrends.WeareempanelledwiththeBSEandNSEasanIndependentValuerforvaluationofexclusivelylistedcompanies(ELCs)onDisseminationBoard(DB)forprovidingExitOpportunitytothePublicShareholdersandalsowithGAIL(India)LimitedforvaluationofitsStart-upportfoliocompaniesandwiththePowerFinanceCorporationLimitedforvaluationofitsdifferentprojects.

Besidesourgroupwebsitewww.corporateprofessionals.comourdedicatedwebsiteonvaluation www.corporatevaluations.in,whichisthefirstandonlywebportaldedicatedtoBusinessValuationsinIndia,exhibitsTeam’sdeepunderstandingandproficiencyofthesubject.

OurValuationteamhasrecentlycomeoutwithacomprehensivepublicationon“BusinessValuationsinIndia–beyondthenumbers”,afirstofitskindbookonvaluationinIndia.

Mergers&AcquisitionsIInsolvencyResolutionICorporateDealsITransactionAdvisoryIValuation&BizModellingICapitalMarketsServicesIESOPServicesICorporateLaws-Advisory,Documentation&DraftingISecuritiesLawsAdvisory

APPENDIX2: VALUATION METHODOLOGIES AND VALUE IMPACT

MAJORVALUATIONMETHODOLOGIES IDEAL FOR RESULT

NetAssetValue

NetAssetValue(BookValue) MinorityValue

EquityValueNetAssetValue(FairValue) ControlValue

ComparableCompaniesMultiples(CCM)Method

PricetoEarning,BookValueMultiple

MinorityValue

EquityValue

EBIT,EBITDAMultiple EnterpriseValue

ComparableTransactionMultiples(CTM)Method

PricetoEarning,BookValueMultiple

ControlValue

EquityValue

EBIT,EBITDAMultiple EnterpriseValue

DiscountedCashFlow(DCF)

Equity

ControlValue

EquityValue

Firm EnterpriseValue

CORPORATEPROFESSIONALS

ABOUT

OurGamutofServices

Corporate Professionals (CP), a group of dedicated, research oriented and skilledprofessionalsispioneerindeliveringinnovativeanddistinguishedcorporatebusinesssolutionsthroughauniquemodelofintegratedfinancialandlegalconsultingservicessince2003.

Within the group, is nestled a boutique law firm, rendering quality services in thefield of Corporate Laws including Insolvency services, Securities Laws and Legal &RegulatoryservicesandaSEBIRegistered(Cat-I)MerchantBankerwithfocusonM&A,BusinessValuationsandCapitalMarketservices.TheGrouphasexpertiseindealingwithcomplicatedtransactionsandhascompletedmorethan5000assignmentsofover1000CorporateHouses,comprisingbothdomesticandmulti-nationalcompanies.

Our dedicated Valuation Team provides complete Valuation solutions includingvaluationofbusiness,sharesandderivatives.OurValuationTeamhasabout60yearsofconsolidatedtransactionAdvisoryexperiencewithabout13yearsoffocusedValuationpractice.Wehave impeccable track recordofexecutingmore than1000Valuationsworth25bn.$foreminentclientsindifferentcontextandacrossindustriesincludingAuto & Auto Components, Capital Goods, Chemicals, Construction Materials,ConsumerDurables, e-commerce, FMCG, Financial Services,Healthcare&Pharma,Hotels,IndustrialMachinery,ITSoftware,ITHardware,Media,MetalsandMining,Paper,Power and Renewable Energy, Real Estate, Retail, Telecom, Textiles, TransportationandInfraetc.Ourteamregularlydoesresearchandpublishesarticlesandcasestudiesonvariedvaluationissuesandsectoraltrends.WeareempanelledwiththeBSEandNSEasanIndependentValuerforvaluationofexclusivelylistedcompanies(ELCs)onDisseminationBoard(DB)forprovidingExitOpportunitytothePublicShareholdersandalsowithGAIL(India)LimitedforvaluationofitsStart-upportfoliocompaniesandwiththePowerFinanceCorporationLimitedforvaluationofitsdifferentprojects.

Besidesourgroupwebsitewww.corporateprofessionals.comourdedicatedwebsiteonvaluation www.corporatevaluations.in,whichisthefirstandonlywebportaldedicatedtoBusinessValuationsinIndia,exhibitsTeam’sdeepunderstandingandproficiencyofthesubject.

OurValuationteamhasrecentlycomeoutwithacomprehensivepublicationon“BusinessValuationsinIndia–beyondthenumbers”,afirstofitskindbookonvaluationinIndia.

Mergers&AcquisitionsIInsolvencyResolutionICorporateDealsITransactionAdvisoryIValuation&BizModellingICapitalMarketsServicesIESOPServicesICorporateLaws-Advisory,Documentation&DraftingISecuritiesLawsAdvisory

APPENDIX2: VALUATION METHODOLOGIES AND VALUE IMPACT

MAJORVALUATIONMETHODOLOGIESIDEAL FORRESULT

NetAssetValue

NetAssetValue(BookValue)MinorityValue

EquityValueNetAssetValue(FairValue)ControlValue

ComparableCompaniesMultiples(CCM)Method

PricetoEarning,BookValueMultiple

MinorityValue

EquityValue

EBIT,EBITDAMultipleEnterpriseValue

ComparableTransactionMultiples(CTM)Method

PricetoEarning,BookValueMultiple

ControlValue

EquityValue

EBIT,EBITDAMultipleEnterpriseValue

DiscountedCashFlow(DCF)

Equity

ControlValue

EquityValue

FirmEnterpriseValue

CORPORATEPROFESSIONALS

ABOUT

OurGamutofServices

CorporateProfessionals(CP),agroupofdedicated,researchorientedandskilledprofessionalsispioneerindeliveringinnovativeanddistinguishedcorporatebusinesssolutionsthroughauniquemodelofintegratedfinancialandlegalconsultingservicessince2003.

Withinthegroup,isnestledaboutiquelawfirm,renderingqualityservicesinthefieldofCorporateLawsincludingInsolvencyservices,SecuritiesLawsandLegal&RegulatoryservicesandaSEBIRegistered(Cat-I)MerchantBankerwithfocusonM&A,BusinessValuationsandCapitalMarketservices.TheGrouphasexpertiseindealingwithcomplicatedtransactionsandhascompletedmorethan5000assignmentsofover1000CorporateHouses,comprisingbothdomesticandmulti-nationalcompanies.

OurdedicatedValuationTeamprovidescompleteValuationsolutionsincludingvaluationofbusiness,sharesandderivatives.OurValuationTeamhasabout60yearsofconsolidatedtransactionAdvisoryexperiencewithabout13yearsoffocusedValuationpractice.Wehaveimpeccabletrackrecordofexecutingmorethan1000Valuationsworth25bn.$foreminentclientsindifferentcontextandacrossindustriesincludingAuto&AutoComponents,CapitalGoods,Chemicals,ConstructionMaterials,ConsumerDurables,e-commerce,FMCG,FinancialServices,Healthcare&Pharma,Hotels,IndustrialMachinery,ITSoftware,ITHardware,Media,MetalsandMining,Paper,PowerandRenewableEnergy,RealEstate,Retail,Telecom,Textiles,TransportationandInfraetc.Ourteamregularlydoesresearchandpublishesarticlesandcasestudiesonvariedvaluationissuesandsectoraltrends.WeareempanelledwiththeBSEandNSEasanIndependentValuerforvaluationofexclusivelylistedcompanies(ELCs)onDisseminationBoard(DB)forprovidingExitOpportunitytothePublicShareholdersandalsowithGAIL(India)LimitedforvaluationofitsStart-upportfoliocompaniesandwiththePowerFinanceCorporationLimitedforvaluationofitsdifferentprojects.

Besidesourgroupwebsitewww.corporateprofessionals.comourdedicatedwebsiteonvaluation www.corporatevaluations.in,whichisthefirstandonlywebportaldedicatedtoBusinessValuationsinIndia,exhibitsTeam’sdeepunderstandingandproficiencyofthesubject.

OurValuationteamhasrecentlycomeoutwithacomprehensivepublicationon“BusinessValuationsinIndia–beyondthenumbers”,afirstofitskindbookonvaluationinIndia.

Mergers&AcquisitionsIInsolvencyResolutionICorporateDealsITransactionAdvisoryIValuation&BizModellingICapitalMarketsServicesIESOPServicesICorporateLaws-Advisory,Documentation&DraftingISecuritiesLawsAdvisoryAPPENDIX2: VALUATION METHODOLOGIES AND VALUE IMPACT

MAJORVALUATIONMETHODOLOGIES IDEAL FOR RESULT

NetAssetValue

NetAssetValue(BookValue) MinorityValue

EquityValueNetAssetValue(FairValue) ControlValue

ComparableCompaniesMultiples(CCM)Method

PricetoEarning,BookValueMultiple

MinorityValue

EquityValue

EBIT,EBITDAMultiple EnterpriseValue

ComparableTransactionMultiples(CTM)Method

PricetoEarning,BookValueMultiple

ControlValue

EquityValue

EBIT,EBITDAMultiple EnterpriseValue

DiscountedCashFlow(DCF)

Equity

ControlValue

EquityValue

Firm EnterpriseValue

CORPORATEPROFESSIONALS

ABOUT

OurGamutofServices

Corporate Professionals (CP), a group of dedicated, research oriented and skilledprofessionalsispioneerindeliveringinnovativeanddistinguishedcorporatebusinesssolutionsthroughauniquemodelofintegratedfinancialandlegalconsultingservicessince2003.

Within the group, is nestled a boutique law firm, rendering quality services in thefield of Corporate Laws including Insolvency services, Securities Laws and Legal &RegulatoryservicesandaSEBIRegistered(Cat-I)MerchantBankerwithfocusonM&A,BusinessValuationsandCapitalMarketservices.TheGrouphasexpertiseindealingwithcomplicatedtransactionsandhascompletedmorethan5000assignmentsofover1000CorporateHouses,comprisingbothdomesticandmulti-nationalcompanies.

Our dedicated Valuation Team provides complete Valuation solutions includingvaluationofbusiness,sharesandderivatives.OurValuationTeamhasabout60yearsofconsolidatedtransactionAdvisoryexperiencewithabout13yearsoffocusedValuationpractice.Wehave impeccable track recordofexecutingmore than1000Valuationsworth25bn.$foreminentclientsindifferentcontextandacrossindustriesincludingAuto & Auto Components, Capital Goods, Chemicals, Construction Materials,ConsumerDurables, e-commerce, FMCG, Financial Services,Healthcare&Pharma,Hotels,IndustrialMachinery,ITSoftware,ITHardware,Media,MetalsandMining,Paper,Power and Renewable Energy, Real Estate, Retail, Telecom, Textiles, TransportationandInfraetc.Ourteamregularlydoesresearchandpublishesarticlesandcasestudiesonvariedvaluationissuesandsectoraltrends.WeareempanelledwiththeBSEandNSEasanIndependentValuerforvaluationofexclusivelylistedcompanies(ELCs)onDisseminationBoard(DB)forprovidingExitOpportunitytothePublicShareholdersandalsowithGAIL(India)LimitedforvaluationofitsStart-upportfoliocompaniesandwiththePowerFinanceCorporationLimitedforvaluationofitsdifferentprojects.

Besidesourgroupwebsitewww.corporateprofessionals.comourdedicatedwebsiteonvaluation www.corporatevaluations.in,whichisthefirstandonlywebportaldedicatedtoBusinessValuationsinIndia,exhibitsTeam’sdeepunderstandingandproficiencyofthesubject.

OurValuationteamhasrecentlycomeoutwithacomprehensivepublicationon“BusinessValuationsinIndia–beyondthenumbers”,afirstofitskindbookonvaluationinIndia.

Mergers&AcquisitionsIInsolvencyResolutionICorporateDealsITransactionAdvisoryIValuation&BizModellingICapitalMarketsServicesIESOPServicesICorporateLaws-Advisory,Documentation&DraftingISecuritiesLawsAdvisory

APPENDIX2: VALUATION METHODOLOGIES AND VALUE IMPACT

MAJORVALUATIONMETHODOLOGIESIDEAL FORRESULT

NetAssetValue

NetAssetValue(BookValue)MinorityValue

EquityValueNetAssetValue(FairValue)ControlValue

ComparableCompaniesMultiples(CCM)Method

PricetoEarning,BookValueMultiple

MinorityValue

EquityValue

EBIT,EBITDAMultipleEnterpriseValue

ComparableTransactionMultiples(CTM)Method

PricetoEarning,BookValueMultiple

ControlValue

EquityValue

EBIT,EBITDAMultipleEnterpriseValue

DiscountedCashFlow(DCF)

Equity

ControlValue

EquityValue

FirmEnterpriseValue

CORPORATEPROFESSIONALS

ABOUT

OurGamutofServices

CorporateProfessionals(CP),agroupofdedicated,researchorientedandskilledprofessionalsispioneerindeliveringinnovativeanddistinguishedcorporatebusinesssolutionsthroughauniquemodelofintegratedfinancialandlegalconsultingservicessince2003.

Withinthegroup,isnestledaboutiquelawfirm,renderingqualityservicesinthefieldofCorporateLawsincludingInsolvencyservices,SecuritiesLawsandLegal&RegulatoryservicesandaSEBIRegistered(Cat-I)MerchantBankerwithfocusonM&A,BusinessValuationsandCapitalMarketservices.TheGrouphasexpertiseindealingwithcomplicatedtransactionsandhascompletedmorethan5000assignmentsofover1000CorporateHouses,comprisingbothdomesticandmulti-nationalcompanies.

OurdedicatedValuationTeamprovidescompleteValuationsolutionsincludingvaluationofbusiness,sharesandderivatives.OurValuationTeamhasabout60yearsofconsolidatedtransactionAdvisoryexperiencewithabout13yearsoffocusedValuationpractice.Wehaveimpeccabletrackrecordofexecutingmorethan1000Valuationsworth25bn.$foreminentclientsindifferentcontextandacrossindustriesincludingAuto&AutoComponents,CapitalGoods,Chemicals,ConstructionMaterials,ConsumerDurables,e-commerce,FMCG,FinancialServices,Healthcare&Pharma,Hotels,IndustrialMachinery,ITSoftware,ITHardware,Media,MetalsandMining,Paper,PowerandRenewableEnergy,RealEstate,Retail,Telecom,Textiles,TransportationandInfraetc.Ourteamregularlydoesresearchandpublishesarticlesandcasestudiesonvariedvaluationissuesandsectoraltrends.WeareempanelledwiththeBSEandNSEasanIndependentValuerforvaluationofexclusivelylistedcompanies(ELCs)onDisseminationBoard(DB)forprovidingExitOpportunitytothePublicShareholdersandalsowithGAIL(India)LimitedforvaluationofitsStart-upportfoliocompaniesandwiththePowerFinanceCorporationLimitedforvaluationofitsdifferentprojects.

Besidesourgroupwebsitewww.corporateprofessionals.comourdedicatedwebsiteonvaluation www.corporatevaluations.in,whichisthefirstandonlywebportaldedicatedtoBusinessValuationsinIndia,exhibitsTeam’sdeepunderstandingandproficiencyofthesubject.

OurValuationteamhasrecentlycomeoutwithacomprehensivepublicationon“BusinessValuationsinIndia–beyondthenumbers”,afirstofitskindbookonvaluationinIndia.

Mergers&AcquisitionsIInsolvencyResolutionICorporateDealsITransactionAdvisoryIValuation&BizModellingICapitalMarketsServicesIESOPServicesICorporateLaws-Advisory,Documentation&DraftingISecuritiesLawsAdvisory

corporate brouchure_dp.indd 11 28-02-2019 12:44:51

CONTACT US CHANDER SAWHNEY DirectorCorporateProfessionalsCapitalPrivateLimitedSEBIRegistered(Cat-I)MerchantBankerM:+919810557353e-mail:chander@indiacp.com

New DelhiD-28,SouthExtension,Part-INewDelhi-110049

Mumbai301,Masterminds-I,RoyalPalmsEstateAareyColony,GoregaonEast,Mumbai-400065

www.corporateprofessionals.com

corporate brouchure_dp.indd 12 28-02-2019 12:44:51