Archives: Services

Valuation Services

Valuation has become an inseparable part of any business activity since the Open Economy has led to an increased no. of cross-border transactions with varied taxation laws, posing challenges to any business as well as other transactions. Based upon the purpose and category of assets involved, our team of seasoned professionals with an in-depth experience in different techniques and strategies help cater the valuation needs of our clients.

To determine the valuation, three traditional approaches needs to be considered:

  1. Market approach – The Market approach measures value based on what other purchasers in the market have paid for assets that can be considered reasonably similar to those being valued.
  2. Income approach – The income approach determines the value of a business based on its ability to generate desired economic benefit for the owners.
  3. Asset approach – The asset approach seeks to determine the business value based on the value of its assets.

Our team provides for commercial, business and statutory purposes. Business and commercial reasons may vary from client to client and include scenarios such as valuation for acquisitions, purchase price allocation, investments, intangibles etc.

Statutory purpose valuation shall include valuation under Companies Act, FEMA and Income tax including certification required from a registered valuer.

Our vast experience in business advisory, regulations, taxation and accounting helps us better understand the valuation needs of our clients.

We evaluate the business model of the Company and decide upon the appropriate method of valuation. A great reliance is placed by our stakeholders on the valuation issued by us

Energy & Renewables

Law Practices

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Energy & Renewables

Law Practices

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Some Answered and Questions

Nunc quam arcu, pretium quis quam sed, laoreet efficitur leo. Aliquam era volutpat lobortis sem consequat consequat imperdiet. 

It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout.

It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout.

It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout.

Fund Raising Services

We specialize in early stage investment structuring. It is critical for both sides of an investment transaction i.e. Companies as well as Investors to arrive at the best possible structure for an investment. Our extensive experience of 20+ transactions has helped us gain an expertise and knowledge on various laws and practices which has in turn helped us meet commercial structure requirements of our clients. We focus on investments starting at the angel rounds through Pre series A and Series A stages.

  1. We obtain a good understanding from the client of the operations, financial condition and prospects of the Company;
  2. Consult with the client to obtain an understanding of the key commercial, strategic and financial strengths and weaknesses of the Company;
  3. Screening of potential investors.
  4. Assistance in preparation & designing of a detailed marketing document (“Information Memorandum”) and a detailed business plan which is to be shared with the potential investors after obtaining signed confidentiality letter.
  5. Receive all offers together with terms and conditions, report the details to the client and give our view on the offers.
  6. Support the company in Investment structuring, negotiating the price and commercial terms and conditions with the potential investors.
  7. Facilitate co-ordination with various consultants including lawyers and due diligence consultants during the course of the aforesaid Transaction/s.
  8. Review and vetting of the definitive documents such as term sheet, SHA, SPA, SSA and other legal agreements in relation to the Transaction/s.
  9. Assistance in complete due diligence process to stream line and ensure seamless flow of data to the due diligence team and timely completion of same.

Energy & Renewables

Law Practices

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Energy & Renewables

Law Practices

Sed ut perspiciatis unde omnis iste natus error sit voluptatem.

Some Answered and Questions

Nunc quam arcu, pretium quis quam sed, laoreet efficitur leo. Aliquam era volutpat lobortis sem consequat consequat imperdiet. 

It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout.

It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout.

It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout.

Due Diligence Services

1. Financial Due Diligence:

In order to get a good understanding of the historical financial situation and unearth the soundness of the financial position and performance of a target company, a detailed and in depth analysis of the financial performance of the target for the concerned period (as per the Client’s requirement) which shall include a brief overview of the Target’s Business, a detailed review of the major Accounting policies and Accounting Procedures followed, Quality of the financial information maintained, an in-depth analysis of the revenues generated along with the associated costs and the margin levels, quality of cash flows generated, nature of working capital requirements, quality of Long lived assets and that of the Net Assets available to shareholders.

2. Taxation Due Diligence:

In order to obtain a good understanding about the Target Company’s Compliances to the applicable tax provisions and to quantify any contingent outflow of funds due to active non-compliance by the target company with the applicable tax provisions and regulations, undertake procedures which shall include but not limited to verification of the timely filing of the Income Tax Returns, analysis of records pertaining to the latest assessments conducted by the Income Tax authorities and identify and comment on the issues related to it, evaluation of all possible implications of transfer pricing policies on the various transactions entered into by the company, analysis of the records pertaining to the latest assessments conducted by the Income Tax Authorities with regards to TDS as well as the Goods and Service Tax Authorities and comment on the issues related to it.

3. Legal Due Diligence:

To obtain a good understanding of the due compliance by the company with the applicable rules and regulations prescribed the relevant governing authority, we shall undertake procedures which will include but shall not be limited to an in-depth review of all the documents, contracts and other legal and general records prescribed to be maintained by the Companies Act 2013 (hereinafter referred to as Act), extensive analysis of the regular MCA filings as guided by the Act, in time filing of the various documents and other compliances prescribed by the Act and other relevant laws such as the FEMA, SEBI Regulations, etc.

4. Secretarial / Compliance Due Diligence

There are multiple laws and regulations that would apply to different kind of business and entities. A Secretarial / Compliance due diligence involves checking of applicability of various laws and regulations and adherence to these. There are certain laws that apply to all Companies like Company law and labour laws whereas as some are sector specific such as FDI in retail, insurance businesses etc. In a due diligence each of these would be reviewed in detail.

Secretarial DD services includes;

  • Overview of Company charter documents and other regulatory filings
  • Review of Minutes of the Meeting, Share allotment filings
  • Understanding of ESOP Scheme, Grant Documents and Cap Table
  • Overview of vendor contracts, partnership agreements and key-employment contracts

5. Commercial Due Diligence

Along with a standard diligence scope, Constellation Blu believe that it would be of more relevance if our due diligence included in depth review and reporting of key areas of the business, i.e. conduct basic reference checks, test the product wherever possible, check for customer feedback and vendor feedback, going through lifecycles of a typical sale / service transaction that a company would have etc. It involves;

  • Review of business metrics and highlighting the trends
  • Validation of customer and supplier feedback
  • Review of forecasts and validating the forecast’s assumptions

Energy & Renewables

Law Practices

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service-single1
service-single2

Energy & Renewables

Law Practices

Sed ut perspiciatis unde omnis iste natus error sit voluptatem.

Some Answered and Questions

Nunc quam arcu, pretium quis quam sed, laoreet efficitur leo. Aliquam era volutpat lobortis sem consequat consequat imperdiet. 

It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout.

It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout.

It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout.

Establishment of the Fund

We understand the requirements of a prospective fund manager and leverage our experience and expertise guide on best possible structures and commercials terms for a fund. We work hand in hand with the tax and legal teams to further clear out and advise on a suitable structure. We also look after the full range of procedures in preparation for the first closing, including establishment of fund vehicles and SPV’s. liaising with regulators, conducting anti-money laundering checks and review subscriptions.

Energy & Renewables

Law Practices

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service-single1
service-single2

Energy & Renewables

Law Practices

Sed ut perspiciatis unde omnis iste natus error sit voluptatem.

Some Answered and Questions

Nunc quam arcu, pretium quis quam sed, laoreet efficitur leo. Aliquam era volutpat lobortis sem consequat consequat imperdiet. 

It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout.

It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout.

It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout.

Portfolio Management Services

Our tailor-made suite of professional services intends to cater the investment objectives of different investor classes (Individuals, Venture Capital Funds, Institutional investors, etc.) which allows us to provide our clients with robust portfolio management services.

Steering negotiation calls on finalization of the investment rights conducive to the Investors. The same includes analyzing and negotiating business valuations of the Startups, negotiating various terms and conditions before investments.

Drafting and reviewing the Term Sheets and parleying the terms successfully in favor of the JAN investors with multiple calls with the founders and their lawyer and or consultants on timely basis.

Reviewing the Shareholder’s Agreement and Share Subscription Agreements meticulously and leading the negotiation calls on the same, with multiple iterations.

Review of CAP Table & number of shares to be allotted, share price calculation to the investors vis-a-viz as agreed between the parties. Drafting, advising, and negotiating numerous separate side agreements between the founders and Investors.

Ensuring the post-closing steps i.e. fulfilment of Conditions Precedent in lines with agreed points in the Due Diligence report.

Ensuring due allotment of the shares to the investors and fulfilment of Conditions Subsequent complied by the companies as agreed in the Due Diligence report.

Leading MIS review calls and conducting thorough performance analysis of the portfolio companies.

Articulating the discussions of the MIS calls and charting out our opinion on the same post our analysis.

Providing comprehensive analysis of the portfolio company to assist investors during exit from portfolio company which includes analysis of valuation of shares, rights and terms as agreed during the initial investment.

Periodic review and comprehensive analysis of the portfolio companies to assist investors to take decisions for further investment in the portfolio companies.

Drafting and vetting of other significant agreements, reviewing the Affirmative Vote Matters of the portfolio companies. Reviewing and analyzing various legal documents and calculations of the portfolio companies whether JAN Investors are keen on investing or not. 

Assisting in analyzing and resolving road blocks or issues in the portfolio companies.

Energy & Renewables

Law Practices

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service-single1
service-single2

Energy & Renewables

Law Practices

Sed ut perspiciatis unde omnis iste natus error sit voluptatem.

Some Answered and Questions

Nunc quam arcu, pretium quis quam sed, laoreet efficitur leo. Aliquam era volutpat lobortis sem consequat consequat imperdiet. 

It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout.

It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout.

It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout.

Transaction Advisory

It is our pleasure assisting our clients with their tumultuous Business transactions by providing a wide array of transaction advisory services all under one roof to start ups as well as matured Companies. From planning to execution, all the phases are extensively scrutinized by our experienced professionals while providing strategic and financial advice in order to fetch the best deal possible and meanwhile reducing the associated risk for our clients.

Energy & Renewables

Law Practices

Sed ut perspiciatis unde omnis iste natus error sit voluptatem.

service-single1
service-single2

Energy & Renewables

Law Practices

Sed ut perspiciatis unde omnis iste natus error sit voluptatem.

Some Answered and Questions

Nunc quam arcu, pretium quis quam sed, laoreet efficitur leo. Aliquam era volutpat lobortis sem consequat consequat imperdiet. 

It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout.

It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout.

It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout.

Investment Banking

Our Investment Banking team creates sophisticated strategies for our client’s corporate finance needs with the sole purpose of providing advisory on transactions, mergers and acquisitions and to arrange or sometimes even provide financing for their transactions. We provide a full suite of investment banking services to cater the diverse needs of our clients. Our in-depth industry knowledge, combined with extensive transaction experience, enable us to consistently achieve high-quality, successful outcomes for our clients.

Energy & Renewables

Law Practices

Sed ut perspiciatis unde omnis iste natus error sit voluptatem.

service-single1
service-single2

Energy & Renewables

Law Practices

Sed ut perspiciatis unde omnis iste natus error sit voluptatem.

Some Answered and Questions

Nunc quam arcu, pretium quis quam sed, laoreet efficitur leo. Aliquam era volutpat lobortis sem consequat consequat imperdiet. 

It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout.

It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout.

It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout.

Cyber Risk Advisory

With Digitalization of Corporate business functions, and adoption of next generation technologies to carry out operations ,organization IT infrastructure is getting increasing complex and complicated. With a combination of cloud and non cloud platform further the enterprise IT Data Centre landscape is moving from traditional single located hosted environment to multi location environment. With great exposure of IT assets and digital information within, organization security risk posture is thus at a risk from possible cyber attacks.

Organisation does need to adopt industry standards towards implementation Information System Security framework and also ensure adherence to governed cybersecurity regulatory requirement.

Our Cyber Risk Advisory services while taking a risk based, pragmatic and holistic approach enables building a robust GRC as a Service ( GRCaaS) platform.

service-single2

Energy & Renewables

Law Practices

Sed ut perspiciatis unde omnis iste natus error sit voluptatem.

Some Answered and Questions

Nunc quam arcu, pretium quis quam sed, laoreet efficitur leo. Aliquam era volutpat lobortis sem consequat consequat imperdiet. 

It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout.

It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout.

It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout.

Specializing Attorneys

Santosh Desai

Santosh Desai

Director
Dishit Shah

Dishit Shah

Director
Niraj Soni

Niraj Soni

Senior Vice President