Fund Raise Compliance (Share Allotment & FC-GPR)
Raising capital is not just signing a term sheet — it triggers a sequence of company-law and, for foreign money, FEMA filings that must be done correctly and on time. Get them wrong and the round can be questioned, or attract penalties and angel-tax exposure.
From the valuation that supports the share price, through the private-placement process and the PAS-3 allotment return, to the FC-GPR reporting for foreign investment — each step has a form and a deadline.
Key features and requirements
- A valuation to support the issue price (Registered Valuer / merchant banker, as applicable)
- Board and shareholder approvals and offer documents (PAS-4) for private placement
- PAS-3 return of allotment filed with the ROC
- FC-GPR filing with the RBI for foreign (FDI) investment
- Compliance with pricing guidelines under FEMA
- Angel-tax considerations on the premium
How TaxSastra handles this
We run the full compliance layer of your round — valuation, approvals, PAS-4/PAS-3 and FC-GPR — so the capital comes in cleanly and the paperwork stands up in later diligence.
What’s included
- Valuation to support the issue price
- Private-placement documentation (PAS-4)
- PAS-3 return of allotment
- FC-GPR filing for foreign investment
- FEMA pricing and reporting compliance
- Angel-tax and 56(2)(viib) considerations