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Cash Flow Quality in Financial Due Diligence India 2026: EBITDA-to-Cash Conversion & Red Flags
How to test EBITDA-to-cash conversion, operating cash flow, working-capital movements and red flags in M&A, fundraising and IPO financial due diligence in India.
shubhamtulsian05
Sep 16 min read


Inventory Due Diligence in M&A India 2026: Ageing, NRV, Obsolescence & Deal Red Flags
Inventory due diligence in M&A India: ageing, NRV, obsolescence, costing, cut-off, working-capital impacts, red flags and a practical transaction checklist.
shubhamtulsian05
Sep 17 min read


Revenue Quality in Financial Due Diligence India 2026: Ind AS 115, Receivables, Cut-Off & Red Flags
A practical CFO and transaction-team guide to revenue quality in financial due diligence India: Ind AS 115, cut-off, receivables, contract assets, cash conversion, red flags and EBITDA implications.
shubhamtulsian05
Sep 17 min read


Tax Due Diligence in M&A India 2026: Income Tax, GST, TDS & Deal Checklist
Tax due diligence in M&A India 2026: direct tax, GST, TDS, transfer pricing, litigation, worked example, red flags and a deal-team checklist.
shubhamtulsian05
Sep 17 min read


Working Capital Normalization in M&A India 2026: Target NWC, Purchase Price Adjustment & Due Diligence Checklist
A practical guide to working capital normalization in Indian M&A: target NWC, working-capital pegs, purchase-price adjustments, red flags and financial due diligence.
shubhamtulsian05
Sep 15 min read


Impairment Testing under Ind AS 36 India 2026: CGU, Value in Use, WACC & Checklist
Ind AS 36 impairment testing in India: recoverable amount, CGUs, value in use, WACC, goodwill, worked example, red flags and CFO checklist.
shubhamtulsian05
Sep 17 min read


IPO Financial Due Diligence India 2026: Pre-DRHP Financial Cleanup & Red Flags
IPO financial due diligence checklist for Indian companies: restated financials, revenue quality, KPIs, related parties, working capital, contingencies and pre-DRHP red flags.
shubhamtulsian05
Sep 16 min read


Rule 11UA Valuation India 2026: Unquoted Shares, NAV, Section 56(2)(x) & 50CA Checklist
Rule 11UA valuation India 2026 explained: unquoted-share NAV, section 56(2)(x), section 50CA, angel-tax sunset, worked example and transaction checklist.
shubhamtulsian05
Aug 316 min read


Precedent Transaction Analysis India 2026: Deal Multiples, EV/EBITDA & M&A Valuation Checklist
Precedent transaction analysis in India explained: comparable M&A deals, EV/EBITDA, control considerations, worked example, red flags and transaction checklist.
shubhamtulsian05
Aug 316 min read


FEMA Valuation India 2026: Unlisted Share Pricing, Fair Value & Transaction Checklist
FEMA valuation India 2026: unlisted-share pricing, fair value, issue and transfer rules, valuation methods, worked example, red flags and CFO checklist.
shubhamtulsian05
Aug 316 min read


Companies Act Valuation India 2026: Section 247, Registered Valuer & Transaction Checklist
Companies Act valuation India 2026 guide covering Section 247, registered valuer requirements, methods, transaction triggers, red flags and CFO checklist.
shubhamtulsian05
Aug 315 min read


IPO Capital Structure Cleanup India 2026: Pre-DRHP Cap Table & Due Diligence Checklist
IPO capital structure cleanup India: a practical pre-DRHP checklist for cap tables, historic issuances, convertibles, ESOPs, shareholder rights and recent transactions.
shubhamtulsian05
Aug 316 min read


FCFF vs FCFE Valuation India 2026: Formulas, WACC, Cost of Equity & Worked Example
FCFF vs FCFE valuation in India: formulas, WACC vs cost of equity, enterprise vs equity value, a worked example, mistakes and a practical DCF checklist.
shubhamtulsian05
Aug 318 min read


IPO Peer Comparison India 2026: Listed Peers, Ratios & DRHP Checklist
How to build an IPO peer comparison in India: listed-peer selection, EPS/P-E/RoNW/NAV, KPI comparability, source evidence and a practical pre-DRHP checklist.
shubhamtulsian05
Aug 315 min read


Terminal Value in DCF Valuation India 2026: Gordon Growth, Exit Multiple & Sensitivity
Terminal value in DCF valuation India explained: Gordon Growth formula, exit multiples, worked example, sensitivity analysis and common valuation mistakes.
shubhamtulsian05
Aug 316 min read


IPO Working Capital Disclosure India 2026: DRHP Assumptions, Funding & Due Diligence Checklist
How to prepare IPO working capital disclosures in India: historical restated data, projections, receivables, inventory, funding mix, DRHP evidence and CFO diligence checks.
shubhamtulsian05
Aug 316 min read


Net Debt in Financial Due Diligence India 2026: Debt-Like Items, Cash-Like Items & Purchase Price Adjustments
Net debt in financial due diligence can materially change an acquisition purchase price. This 2026 India guide explains debt-like items, cash-like items, EV-to-equity adjustments, red flags, a worked example and a practical closing checklist.
shubhamtulsian05
Aug 317 min read


IPO Litigation Disclosure India 2026: DRHP Materiality, Contingent Liabilities & Due Diligence Checklist
IPO litigation disclosure India 2026: DRHP outstanding litigation, materiality policy, contingent-liability reconciliation, red flags and a practical due-diligence checklist.
shubhamtulsian05
Aug 316 min read


ESOP Share Valuation India 2026: Merchant Banker FMV, Tax & Companies Act Checklist
ESOP share valuation in India for 2026: merchant banker FMV for unlisted shares, current income-tax rules, Companies Act compliance and CFO checklist.
shubhamtulsian05
Aug 316 min read


IPO Data Room Checklist India 2026: DRHP Due Diligence Documents & Readiness
A practical IPO data room checklist for Indian companies preparing for DRHP due diligence: financials, legal records, contracts, tax, KPIs, related parties, litigation and evidence controls.
shubhamtulsian05
Aug 316 min read
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