Restatements, certifications, comfort letter under IPO
When companies prepare for an Initial Public Offering (IPO), they are required to provide restated financial statements, regulatory certifications, and comfort letters to comply with SEBI, stock exchange, and underwriters’ requirements. These services ensure that investors have transparent, reliable, and comparable information before subscribing to shares.
Independent assurance in the form of restatements and comfort letters builds confidence among regulators, merchant bankers, and investors while safeguarding the company’s credibility during the IPO process.
About This Service
Our IPO audit support services include preparation and audit of restated financial statements as per SEBI (ICDR) Regulations and applicable accounting frameworks such as Ind-AS, IFRS, or US GAAP. We ensure that the restated numbers are accurate, comparable, and regulator-ready.
We issue certifications for specific matters required under SEBI and stock exchange guidelines, such as tax compliances, capital structures, and related party transactions. These certifications provide transparency and satisfy mandatory disclosure requirements.
In addition, we provide comfort letters to merchant bankers and underwriters, confirming the accuracy of financial information disclosed in the prospectus and compliance with regulatory standards. This serves as a key safeguard for stakeholders.
By combining regulatory expertise with rigorous audit methodologies, we help companies smoothly navigate the IPO process, ensuring credibility, transparency, and investor trust.
Key Features / Scope of Work
- Preparation and audit of restated financial statements under SEBI ICDR norms.
- Compliance with Ind-AS, IFRS, or US GAAP reporting frameworks.
- Issuance of statutory certifications required during IPO filings.
- Comfort letters for merchant bankers and underwriters.
- Verification of tax matters, capital structures, and related party transactions.
- Early identification of potential risks ahead of the statutory audit.
- Ensuring transparency and reliability in IPO disclosures.
- Alignment with SEBI, stock exchanges, and regulator requirements.
- Enhancing investor confidence during public offerings.
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