With a population of over 1.25 billion India is one of the biggest and fastest growing economies in the world - standards and professionalism are of significant importance. In the absence of standards of valuation, the valuation is more on an art based on the professional experience of the valuer rather than a science based on empirical studies and logics. At present there are no prescribed standards and codes for valuation in India, in many cases the valuation lacks the uniformity and generally accepted global valuation practices. Though the value of a business can be objectively determined employing valuation approaches, this value is still subjective, dependent on buyer and seller expectations and subsequent negotiations and use of professional judgment is an essential component of estimating value. New laws regarding Valuation are being discussed and is in the process of being drafted by government bodies. At the summit, we will have a discussion on the requirement and the importance of these laws. We will try to find out how these proposed laws will impact the current practices of the valuation profession.
We have invited experts from regulators, corporations and corporate affairs ministry to discuss the future of Valuation in India. We also intend to invite Private Equity and Startups professionals to discuss the significance of valuation for Startups. We are expecting a 200+ audience to be part of this summit.
An overview of the global valuation profession and the imperative for adopting international standards for business valuations.
i. The global eco system
ii. Speaking a common language for users of valuation reports and regulators
i. Importance of valuations in financial reporting
ii. Valuation standards – whose standards for technical methodologies, ethics and professionalism, performance standards
iii. Proposed regulations in India
iv. The future of the business valuation profession
v. International and India designations
vi. The ecosystem of the BV profession in India
vii.Protecting the public - Peer reviews and complaints processes
i.Role of Registered Valuers
ii.Distressed Asset Valuation
iii.Litigation arising under the I & B Code
i. How is it different from other business valuations?
Ii. Key issues and why they matter
iii. Is valuation of Techstartups a bubble?
What factors influence valuation in PE investments?
What differentiates evaluation between an Angel Investor, VC and PE?
Key deal breakers in PE transactions specific to valuation??
Business Valuation in M&A deals
How M&A transactions are diff from a PE transaction? What are the valuation drivers?
Different requirements of valuations in a M&A deal – price discovery, regulatory, accounting, tax, stock markets
Key deal breakers in M&A transactions?
Role of Investment Bankers in price discovery for M&A transactions?
How identify and track the KPI in M&A deals?
i. Valuation methodologies and challenges
ii. Determining the cost of capital in India
iii. Complex financial instruments
iv. Contingent consideration
Q & A