The valuation a company commands at IPO is largely determined by decisions made one to three years earlier. Pre-IPO advisory is where that value is built — quietly, deliberately, long before the prospectus is drafted.
Capital structure optimisation.
We review the existing capital structure — promoter holding, investor stakes, debt, convertible instruments and ESOP pools — and design the path to an IPO-ready cap table. This often involves cleaning up legacy instruments, rationalising the shareholding and ensuring promoter lock-in requirements can be comfortably met.
Fund Raising, Pre-IPO Funding & positioning.
Raising capital at the right stage is critical to accelerating growth while preserving long-term shareholder value. We advise companies on equity fund raising strategies, helping them identify the most suitable funding options, structure investment rounds, and engage with the right investors.
A well-structured pre-IPO funding round can validate valuation, bring credible institutional names onto the register, and reduce the quantum that needs to be raised at listing. We advise on whether a pre-IPO round makes sense, what terms to seek, and how to position the company's equity story for the investors who matter.
We also help design and rationalise ESOP schemes so that employee incentives are aligned with the listing without creating disclosure or dilution surprises later.
