CA certificate - FCGPR bonus shares(urgent)

Kindly provide me format of CA Certificate for FCGPR reporting to RBI for bonus shares? And as per which RBI notification valuation for the same is not required? 

Replies (6)

PFA THE CERTIFICATE

For calculating the value of shares, Discounted Cash Flow (DCF) method of valuation to be used, which is to be annexed with the auditor certificate stating the value of share.

Thanks Shradhha, the format which  you have attached is for issue of equity shares, so kindly attach format of CA certificate for bonus shares if available.  

Can we issue shares at par (Rs.10) even if that is valued by a CA @ inr 9? All this is in respect of FC-GPR.

 

Hi,

I understand you are refering to the CA certificate wherein it might have been mentioned as 9.** as fair value.

If that is the case, please note that CA certificate is just an estimate of future cash inflows so even if the fair value as per the certificate is 9.8* or something, you can still go ahead and issue the shares on fair value.(10)

Experts views are solicited

Thanks

Hello Friends,

Can you please provide me calculation through DCF method for FCGPR Purpose.

Detail is as under:

paid up capital- 10000 share @ Rs 10 each

No. of shares allotted:-                       200  of Rs. 10 each at premium of Rs. 1968.535/- each

date of allotment:-                             July 9, 2014.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 23 October 2026
Articled Trainee

J Y & CO

Hyderabad

CA Inter

View Details
Company
Featured ARTICLESHIP 06 October 2026
Semi Qualified

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
ARTICLESHIP 07 October 2026
Article Assistant

Malhotra Rajesh & Associates

New Delhi

B.Com

View Details
Company
12 October 2026
Chartered Accountant - Internal Audit

HKC | Chartered Accountants & Business Advisors

Ludhiana

CA

View Details
Company
15 October 2026
Senior Accountant

Continental Belting Pvt Ltd

Mumbai

B.Com

View Details
Company
13 October 2026
Accountant

Zerdi & Co. Chartered Accountants

Pune

B.Com

View Details
Company
21 October 2026
CA INTER/ BCOM WITH EXPERIENCE

CA S KUMAR GUPTA & CO

Amritsar

CA Inter

View Details
Company
Featured 27 October 2026
semi-qualified CA

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Final

View Details