Pre Due Diligence

Whether the books, revenue recognition and cash reconcile, and whether the numbers you show investors bridge to the accounts.

Whether GST, TDS and income tax filings are complete and current, and where open notices or tax positions carry exposure.

Whether contracts, IP ownership, the cap table and shareholder agreements are documented, current and consistent with each other.

How concentrated revenue is across customers, what the key contracts commit to, and how defensible the business model is.

Whether core processes and internal controls work as described, and where the business depends on a single supplier, system or partner.

How much rests on a few key people, whether employment terms are in writing, and whether ESOP grants are properly documented.

Which systems the business runs on, how its data is secured, and who actually owns the code and the data.