Name SURESH SHINDE

REGISTERED VALUER WITH IBBI

  • Qualifications

    Registered Valuer – SFA

    Chartered Accountant

    M. Com.

    ICWA, LLB(General)

  • IBBI Registration No

    IBBI/RV/07/2019/11730

  • Asset Class

    Securities or Financial Assets

Experience Areas

Over 30 Years Experience

Valuation

Valuation under different Acts

Finance and accounts

Finance and accounts in various Industries like paper, chemical, Automobile, IT hardware.

Corporate finance

Hold expertise in corporate finance matters related to budgeting and planning, arrangement of funds.

Cash management

Cash management process.

Concurrent audit

Concurrent audit of the Companies under CDR mechanism.

IBC Support Services

IBC Support Services to Resolution Professional in the process and operation of the companies admitted under IBC, 2016.

Associated with Desai Saksena & Associates:

Considerable industry Exposure in valuing closely held businesses as going concern.

Valuation of stocks and book debts (Raw Material, Semi-finished Goods and Finished Goods) on physical inspection.

Valuation of Shares and Securities for purposes of Companies Act, IBC 2016, Income Tax, FEMA, Mergers & Amalgamation, Demergers, SEBI.

VALUATION REQUIREMENTS UNDER DIFFERENT ACTS

Apart From Valuation Exercise undertaken voluntarily by various corporates and entities to find out the values of various financial assets (equity shares, securities & current assets) where services of Registered Valuers are availed of, various laws in India have also mandated engagement of registered valuers.

SECTION 62

Issue of further shares by way of preferential allotment the Pricing needs to be in accordance with valuation report obtained from a registered valuer

SECTION 192

Valuation of assets acquired for consideration other than cash either by the director of the company or it's holding, subsidiary or associate company or by the company.

SECTION 230 & 232

Valuation of assets acquired for consideration other than cash either by the director of the company or it's holding, subsidiary or associate company or by the company.

SECTION 236

Valuation of assets acquired for consideration other than cash either by the director of the company or it's holding, subsidiary or associate company or by the company.

SECTION 281

Valuation of assets acquired for consideration other than cash either by the director of the company or it's holding, subsidiary or associate company or by the company.

SECTION 319

The interest of the shareholder of a Company who did not vote in favour of the special resolution for transfer or sale of property of the Company shall be determined by the registered valuer.

SECTION 325

In the winding up of an insolvent company, the value of annuities and future and contingent liabilities shall be determined by the Registered Valuer

Regulation 27 of Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016:

Resolution professional shall appoint two registered valuers to determine the fair value and the liquidation value of the corporate debtor in accordance with Regulation 35

Regulation 35 of Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016:

In cases not covered under Reg 35 (1), the liquidator shall appoint two registered valuers to determine the realizable value of the assets or businesses under clauses (a) to (f) of regulation 32 of the corporate debtor

Sec 59(3)(b)(ii) of Insolvency and Bankruptcy Code, 2016:

In case of voluntary liquidation proceedings Corporate Debtor have to file a report of the valuation of the assets of the company prepared by a registered valuer.

IND AS 113

Fair Value Measurement

IND AS 16

Property, Plant and Equipment

IND AS 40

Investment Property.

SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018

158(6)(b):
Conversion price of debt, as part of a debt restructuring scheme

163(3):
Securities issued on a preferential basis for consideration other than cash

165:
Shares of an issuer not frequently traded.

SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2018:

7(2)(b)
Registered valuer to evaluate the properties of defaulter

8(1):
Sale of properties after independent valuation

165:
Shares of an issuer not frequently traded.

SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018

Valuation, Rating and NAV disclosure 87C(1)(ii). An issuer to ensure valuation conducted by an independent valuer.

SEBI (Real Estate Investment Trust) Regulations, 2015 Valuation of Assets

21(4):
Full valuation at least once in every financial year:

21(5):
A half yearly valuation of REIT assets

SEBI (Infrasture Investment Trusts) Regulations, 2014 Valuation of Assets

21(4):
A full valuation not less than once in every financial year:

21(5):
A half yearly valuation of the assets of the InvIT

SEBI (Issue and listing of securitised debt instruments and security receipts) Regulations 2008 Valuation, Rating and NAV disclosure

38G(1)(a):
Listed security receipts ensure valuation by an independent valuer

SELECT CREDENTIALS

Assisted Desai Saksena & Associates over a period of time in conducting valuation exercise under different Acts for corporates, banks, institutions and lenders where valuation exercise was undertaken for diverse purposes covering a wide spectrum of industries

Sr. No. Names
1 Bhatia Coke and Energy Limited
2 Shamken Multifab Ltd
3 B.S. Appliances Ltd
4 Windsor Machines Ltd
5 Willard India Ltd
6 Pal Peugeot Ltd
7 Wind Mill Farm
8 Shamken Cotsyn Ltd
9 P.M. Telelinks Ltd
10 A.T. Oil Industries Ltd
11 Multimedia Frontiers Ltd.
12 S & S Industries & Enterprises Ltd
13 Shamken Spinners Ltd
14 Shamon Ispat Ltd
15 Modern Terry Towels Ltd
16 Poplab Forgings Ltd
17 Dwarikadhish Spinners Ltd.
18 Spectrum Power Generation ltd.
Sr. No. Names
19 J.K. Udaipur Udyog Ltd.
20 Nirani Sugars Ltd.
21 DGP Windsor India Pvt. Ltd
22 Sicom Venture Capital Ltd.
23 Nicco Corporation Ltd
24 Bharat Fertilizers Ltd.
25 TCFC Finance Ltd
26 IOL Broadband Ltd
27 OCM India Ltd
28 Zipcash Card Services Pvt Ltd
29 Raptim Research Ltd
30 Atlantic Lubricants & Specialities Pvt Ltd
31 Zaloni Technologies India Pvt. Ltd.
32 Sahayog Microfinance Ltd
33 Lotus Ornaments Pvt Ltd.
34 Indorama Entertainment Private Limited
35 Ansa Metals and Chemicals Pvt Ltd

OUR ADVANTAGE

Expertise in valuations

Expertise in valuations across geographies and asset classes

Team

Backed by competent and motivated team

Quality delivery

High focus on quality delivery, i.e., tailor made services.

Relationship driven approach

Relationship driven approach to business and large industry network.

Motivation and zeal

Motivation and zeal to achieve objectives with a positive problem-solving attitude.

Consultative approach

Consultative approach, centered on developing customized results to meet our client's ever- changing business needs.

Innovative technology and established

Innovative technology and established practices to produce timely, consistent, high -quality and reliable reports.

OUR APPROACH

STEP 1

Preliminary discussion about the scope of work and understanding the client's requirements

STEP 2

Engagement letter and confidential agreement

STEP 3

Engagement with client team

STEP 4

Submission of Draft Report.

STEP 5

Discussion on Draft Report

STEP 6

Submission of Final Report