IPO Readiness
    Service

    Corporate Restructuring.

    Pre-IPO restructuring puts your group into a shape that can be listed and explained to investors: the right listing entity, businesses held in clean subsidiaries, related-party arrangements regularised and shareholdings simplified. We design the structure and implement it through mergers, demergers, share swaps or transfers, conversion to a public company, and conversion or settlement of outstanding instruments.

    See how it works

    Free 30-minute call with a partner

    About Corporate Restructuring. No obligation — we reply within one business day.

    Typical timeline

    Share transfers and conversions can typically be completed in 1–3 months, while merger or demerger schemes through NCLT commonly take 6–12 months, so restructuring should start well before the target filing date.

    Who leads it

    A partner — a chartered accountant or company secretary — from the first call to sign-off.

    Fees

    Based on your situation, and fixed in writing before any work starts.

    Who it's for

    Is this for you?

    • Promoter groups with businesses spread across several companies, firms or LLPs
    • Companies with outstanding convertibles, partly paid shares or complex investor rights
    • Groups with significant related-party transactions or overlapping promoter businesses
    What you get

    What you receive at the end.

    • 01Current and target structure charts
    • 02Restructuring options paper comparing tax, stamp duty and timelines
    • 03Registered valuer reports, where required
    • 04Scheme documents, resolutions and regulatory filings
    • 05Pre-filing clean-up checklist mapped to ICDR conditions
    How it works

    Corporate Restructuring, step by step.

    Typical timeline

    Share transfers and conversions can typically be completed in 1–3 months, while merger or demerger schemes through NCLT commonly take 6–12 months, so restructuring should start well before the target filing date.

    1. 1

      Structure review

      We map every group entity, shareholding, inter-company transaction and promoter-group business.

    2. 2

      Target structure

      We design the listing structure and compare routes (merger or demerger schemes, share swaps, slump sales, business transfers) for tax, stamp duty and regulatory cost.

    3. 3

      Valuation and approvals

      We arrange valuations by registered valuers where the law requires them and plan board, shareholder, NCLT or Regional Director and other approvals.

    4. 4

      Implement the steps

      With our secretarial and legal teams we execute the steps, including conversion to a public company, alteration of articles and dematerialisation of shares.

    5. 5

      Pre-filing clean-up

      We confirm that partly paid shares are paid up or forfeited, convertibles are converted, and holdings of promoters, directors and other specified shareholders are in demat form before the draft offer document is filed.

    Before we start

    What we need from you.

    Don't have everything yet? We send a short checklist after the first call and work with what you have.

    • Group structure chart and shareholding of every entity
    • Financial statements of all group entities
    • Shareholders' agreements, investor rights and terms of convertible instruments
    • Inter-company and related-party agreements
    • Title documents and licences for assets or businesses to be transferred
    How fees work

    The fee depends on your situation. After a short call, the partner who will do the work tells you what's involved and gives you a fixed fee in writing — before any work begins.

    • Government fees and statutory charges are billed at actuals.
    • When you pay — upfront, in stages or on completion — is agreed in writing with the fee.
    FAQs

    Questions about Corporate Restructuring.

    SEBI's ICDR Regulations do not allow an IPO while instruments entitling anyone to receive equity shares are outstanding, with limited exceptions such as employee stock options and fully paid convertibles that convert before the red herring prospectus is filed.

    Speak with a partner

    Ready to discuss Corporate Restructuring?

    30-minute confidential call — no proposal, no commitment. A partner will write back within one business day.

    Contact details