The advisory table.
Nine disciplines, one accountable lead.
Built for India's promoter-led groups, and the regulators they answer to. Pick the element that matches your situation.
Book a consultationNine disciplines cover the moments when a board is asked to decide.
Most engagements combine two to four of them. Each is led by a senior advisor and delivered as a written opinion your board can rely on.
DealsElements 01–03
01Financial due diligenceKnow what you're buying before you sign.Quality of earnings · Net debtFDD
Know what you're buying before you sign.
Quality of earnings, net debt and working capital — tested by a senior team before the deal is signed, with red flags shared as we find them.
02Legal due diligenceNo surprises in the contracts.Title · LitigationLDD
No surprises in the contracts.
Title, litigation, labour and material contracts reviewed so nothing surprises you after close.
03ValuationA number regulators and investors accept.Companies Act · FEMAVAL
A number regulators and investors accept.
Defensible valuations under the Companies Act, FEMA and Ind AS — built to survive scrutiny from boards, investors and regulators.
CapitalElements 04–06
04IPO readinessFrom private company to listing-ready.Main board · NSE EmergeIPO
From private company to listing-ready.
Governance, controls and disclosures put in order for the main board, NSE Emerge or BSE SME — before bankers and regulators look.
05Corporate governanceStructures that earn investor trust.Board committees · SEBI LODRGOV
Structures that earn investor trust.
Board committees, SEBI LODR compliance and internal financial controls designed to hold up under investor diligence.
06Boardroom strategyDecisions your board can defend.Group structure · SuccessionBRD
Decisions your board can defend.
Group structure, succession and ESOP design — the decisions a board will be asked about later.
ComplianceElements 07–09
07TaxationPositions that hold up under scrutiny.Income-tax Act, 2025 · GST 2.0TAX
Positions that hold up under scrutiny.
Tax positions under the Income-tax Act, 2025 and GST 2.0, documented properly — and representation when a notice arrives.
08Compliance & incorporationSet up right, kept compliant.Entity set-up · ROCCMP
Set up right, kept compliant.
The right entity from day one, with ROC and FEMA filings on a calendar that never slips.
09Foreign incorporationGo global — or come to India — the right way.ODI under FEMA · UAE · Singapore · US · UKINT
Go global — or come to India — the right way.
Outbound investment under FEMA and set-ups in the UAE, Singapore, the US and the UK, or India entry for foreign groups.
SOURCE: SPECTATE ADVISORY ENGAGEMENT SCOPE, 2026
Start from the situation. We'll build the team.
| Situation on the agenda | FDD | LDD | VAL | IPO | GOV | BRD | TAX | CMP | INT |
|---|---|---|---|---|---|---|---|---|---|
| 01Raising capital | Involved | Involved | Involved | ||||||
| 02Buying or merging | Involved | Involved | Involved | Involved | |||||
| 03Preparing for an IPO | Involved | Involved | Involved | Involved | |||||
| 04Facing a tax notice | Involved | ||||||||
| 05Restructuring the group | Involved | Involved | Involved | Involved | |||||
| 06Setting up in India | Involved | Involved | |||||||
| 07Expanding abroad | Involved | Involved | Involved |
● = discipline typically involved. Every engagement is scoped individually, in writing.
- 01Raising capitalVALFDDBRD
- 02Buying or mergingFDDLDDVALTAX
- 03Preparing for an IPOIPOGOVCMPVAL
- 04Facing a tax noticeTAX
- 05Restructuring the groupBRDTAXGOVCMP
- 06Setting up in IndiaCMPTAX
- 07Expanding abroadINTTAXVAL
Fixed scope. Fixed fee. One senior lead.
- 01First call30 min
- 02NDA and proposalFixed fee quoted
- 03Engagement letterData room opens
- 04FieldworkRed flags shared early
- 05Board and closeWe present to the board
Sectors we know from the inside.
- 01Family business groups
- 02Manufacturing and engineering
- 03NBFCs and fintech
- 04Pharma and healthcare
- 05Real estate and infrastructure
- 06IT, ITeS and GCCs
- 07Consumer and D2C brands
- 08Venture-backed startups