Financial due diligence review meeting
Diligence & Governance

Financials ready for
public scrutiny.

Restated financials and reviews of earnings, working capital and related-party transactions, done before the merchant banker and SEBI look.

Financial information feeds directly into your DRHP, so it is one of the most intensive parts of IPO due diligence. A problem discovered two years before filing is easy to fix; the same problem found two weeks before filing can delay your IPO.

Financial statements & restatement.

We review audited statements, accounting policies, revenue recognition and profitability, and help prepare the restated financials that go into the offer document.

Working capital, debt & related parties.

We examine working capital, debt, contingent liabilities and related-party transactions, and flag issues such as customer concentration or undocumented transactions that investors and SEBI are likely to question.

Every finding comes with a clear remediation path, giving you time to correct, document or disclose it before formal merchant banker diligence begins.

What you receive

Key deliverables.

The exact scope depends on your business, but these are the main things you get.

01

Financial review report

Revenue recognition, profitability and accounting policy review.

02

Restatement support

Restated financial information prepared for the DRHP.

03

Risk analysis

Related parties, contingent liabilities and working capital.

04

Remediation plan

Prioritised fixes before merchant banker diligence.

How we work

The approach.

Our merchant bankers, CAs, company secretaries and lawyers run this work in four steps.

01

Data room

Setting up a structured financial data room.

02

Financial review

Reviewing statements, policies and the quality of earnings.

03

Issue identification

Flagging items that need correction or disclosure.

04

Resolution

Resolving findings so your DRHP rests on reliable numbers.

Related services

Works well with.

Companies usually take this service together with one or more of these.

Ready to discuss
your diligence needs?

Book a free eligibility check. We'll look at your company and tell you what the next steps are.