IBBI Registered Valuer Services in India
Defensible, audit-ready valuation reports for startups, corporates and investors, from Kolkata. As the Companies Act, 2013, the Insolvency and Bankruptcy Code (IBC), 2016, FEMA and SEBI frameworks grow more demanding, boards, founders and finance leaders need independent valuation opinions that stand up to institutional scrutiny.
Registered with the Insolvency and Bankruptcy Board of India
| Registered Valuer Entity | Omnifin Valuation Services (OPC) Private Limited |
|---|---|
| IBBI registration no. | IBBI/RV-E/01/2022/160 |
| Registered Valuers Organisation | RVO Estate Managers and Appraisers Foundation (RVOESMA/REM/2022/0004) |
| Asset classes | Securities or Financial Assets (w.e.f. 21 March 2022); Land & Building |
| Framework | Section 247, Companies Act, 2013 and the Companies (Registered Valuers and Valuation) Rules, 2017 |
Valuation engagements are undertaken by Omnifin Valuation Services (OPC) Pvt. Ltd., an IBBI Registered Valuer Entity, part of the Omnifin group.
What is an IBBI Registered Valuer?
An IBBI Registered Valuer is a professional or firm registered with the Insolvency and Bankruptcy Board of India, through a recognised Registered Valuers Organisation (RVO), to carry out valuations under Section 247 of the Companies Act, 2013 and the Companies (Registered Valuers and Valuation) Rules, 2017. Firms registered in this way are called Registered Valuer Entities.
Since 1 February 2019, valuations required under the Companies Act, 2013 and the IBC must be performed by a registered valuer, and each registration is limited to specific asset classes:
Securities or Financial Assets (SFA)
Covers equity shares, startups, bonds, convertible instruments and business enterprises.
Land & Building (L&B)
Covers real estate and immovable properties. Read more in our guide: What Is Business Valuation? Methods, Process & When You Need One.
Who needs an IBBI Registered Valuer?
These are the stakeholders who most often engage one:
Startup Promoters & Founders
- Raising capital through equity or convertible instruments.
- Valuation supports both investor discussions and compliance.
Public & Private Companies
- Carrying out preferential allotments and corporate actions.
- Statutory compliance under Section 247.
Insolvency Professionals
- Working under the IBC to determine fair value & liquidation value.
- Mandatory appointment for corporate debtors.
M&A Acquirers & CFOs
- Executing mergers, demergers, and share exchange ratios.
- Ind AS reporting like Purchase Price Allocation and impairment testing (Read Board Guide).
When is an IBBI registered valuer mandatory?
Since 1 February 2019, only an IBBI Registered Valuer can carry out valuations required under the Companies Act, 2013 and the Insolvency and Bankruptcy Code (IBC), 2016. Section 247 of the Companies Act was brought into force on 18 October 2017.
Where a registered valuer is mandatory
| Situation | Provision | What the registered valuer’s report does |
|---|---|---|
| Preferential allotment of shares, including most startup funding rounds | Section 62(1)(c) read with Rule 13 of the Companies (Share Capital and Debentures) Rules, 2014 | Supports the issue price. An allotment without the report may be defective. |
| Non-cash transactions involving directors | Section 192 | Establishes the fair value of the asset exchanged. |
| Mergers, demergers and schemes of arrangement | Sections 230–232 | Determines the share exchange ratio and supports the scheme before the NCLT. |
| Corporate insolvency (CIRP) and liquidation | IBC, 2016 and its regulations | Fair value and liquidation value of assets for the Committee of Creditors. Insolvency professionals can appoint only registered valuers. |
| Other statutory cases | For example Section 236 (purchase of minority shareholding) and Section 281 (winding up) | Valuation required by the section. |
Registered valuer or merchant banker’s DCF under Rule 11UA?
These are two different reports for two different laws.
| Metric | IBBI Registered Valuer | Merchant banker (Rule 11UA) |
|---|---|---|
| Law | Section 247, Companies Act, 2013 and the 2017 Rules; the IBC | Rule 11UA of the Income-tax Rules |
| Who signs | A valuer or entity registered with IBBI for the relevant asset class | A SEBI-registered Category I merchant banker, for the DCF method |
| What it is for | Pricing and fairness for corporate actions and insolvency | Fair market value of unquoted shares for income-tax purposes |
| Method | Valuation standards, using the income, market or asset approach that suits the purpose | DCF by the merchant banker, or the NAV formula in the rule. The NAV formula does not need a merchant banker. |
| Accepted by | ROC, NCLT, auditors, insolvency process | Income-tax authorities |
Angel tax (Section 56(2)(viib)) was abolished by the Finance (No. 2) Act, 2024. Rule 11UA still matters for other tax computations, such as share transfers. One transaction can need both reports. We tell you which reports your deal needs before you commission anything.
Why choose Omnifin for IBBI valuations?
Registered & Verifiable
Our IBBI Registered Valuer Entity registration (IBBI/RV-E/01/2022/160) and RVO membership can be checked on public directories.
Section 247 Compliance
Our reports are prepared in full compliance with Section 247 of the Companies Act, 2013 and the 2017 Rules.
Built for Scrutiny
Every report is designed to withstand due diligence by VC/PE investors, auditors and regulators with transparent methodology.
Multi-Regulatory Experience
We support valuation needs under Companies Act, IBC, Income Tax Act, SEBI and FEMA frameworks.
Our 5-step valuation methodology
A rigorous workflow designed for complete compliance and precision.
Requirement Analysis
Map exact statutory and transaction context and choose the right framework.
Data Discovery
Review historical financials, projections and unit economics.
Model Application
Apply income, market and asset approaches as the purpose requires.
Stress Testing
Test growth drivers and WACC against market volatility.
Audit-Ready Report
Deliver signed report with full support through audit reviews.
Everything You Need to Know
When is an IBBI registered valuer mandatory?
Since 1 February 2019, valuations required under the Companies Act, 2013 and the IBC, 2016 must be done by an IBBI Registered Valuer. Common examples are preferential allotments (Section 62(1)(c)), non-cash transactions with directors (Section 192), schemes of arrangement (Sections 230–232) and corporate insolvency.
What is the difference between a registered valuer and a merchant banker?
A registered valuer is registered with IBBI under Section 247 and values assets for Companies Act and IBC purposes. A merchant banker is a SEBI-registered Category I intermediary whose DCF valuation is used under Rule 11UA to determine the fair market value of unquoted shares for income-tax purposes.
Is a registered valuer mandatory for ESOPs?
Not as a single, fixed requirement. For unlisted companies, the tax value of shares at exercise is determined by a merchant banker, while auditors commonly expect an independent valuer, often a registered valuer, to support option fair value at grant under Ind AS 102.
Do startups still need a valuation for fundraising after angel tax was abolished?
In most cases, yes. Angel tax was abolished by the Finance (No. 2) Act, 2024, but funding rounds structured as preferential allotments still call for a registered valuer’s pricing report under Section 62(1)(c). Investors and auditors also expect independent valuations.
How do I verify that a valuer is registered?
Check the valuer’s or entity’s registration number, asset class and validity in IBBI’s list of Registered Valuers on ibbi.gov.in, and confirm membership in their RVO directory. Omnifin Valuation Services (OPC) Pvt. Ltd. is registered as IBBI/RV-E/01/2022/160.
What documents are needed, and how long does a valuation take?
Typically, audited financial statements for the past 2–3 years, current provisional financials, projections, cap table details and key operating metrics. Standard mandates are typically completed in 5 to 7 business days after complete information is received.