The software behind a compliant raise.
Every private placement in India generates the same paperwork, and almost all of it is still done in Word files, spreadsheets and memory. We are building the system that does it properly.
Status: in development. This page describes what we are building, not something you can log into today. Nothing here is available yet and nothing is being sold. Join the early access list and you will hear from us when there is something real to try.
The compliance is not hard. Doing it by hand is.
A private placement under Section 42 is a well-defined process with unforgiving edges. The rules are knowable. What causes failures is that the tracking, the documents and the deadlines live across five different files and one person's recollection.
The count nobody tracks properly
200 subscribers per company, per class of security, per financial year — counting offers, not acceptances, including offers that came to nothing. Kept in a spreadsheet somebody updates when they remember.
Documents rebuilt every time
PAS-4 addressed to each named investor, PAS-5 maintained alongside, PAS-3 filed within 15 days of allotment. Rewritten from the last deal's file, with the last deal's mistakes carried forward.
Deadlines that are not calendared
Allotment within 60 days of receiving money. Refund within 15 days of that window expiring, with interest after that. PAS-3 filed within 15 days of allotment. Diarised, if at all, in someone's head.
Six modules. Each one replaces a spreadsheet.
We are not trying to build everything at once. This is the shape of the product, ordered roughly by how much pain each piece removes.
1 · Subscriber counter
The 200-person limit tracked live per company, per class, per financial year — as a hard block, not a warning. Counts offers made, not just allotments accepted. Carries in placements the company did before it met you.
2 · Document generation
PAS-4 produced per named investor from the deal record, PAS-5 maintained automatically alongside it, PAS-3 assembled ready for filing within the 15-day window. Generated from one source of truth rather than retyped from the last deal.
3 · Cap table
Ownership before and after each round, across share classes, with convertible instruments modelled. Dilution shown to the founder before they agree to terms, not discovered afterwards.
4 · Investor records
KYC status, accreditation certificates and expiry dates, and which offers each investor has been shown. The register a regulator would ask for, maintained as you go instead of assembled in a panic.
5 · Deadline tracking
60-day allotment, 15-day refund, 15-day filing. Calculated from the actual dates on the record and surfaced before they matter rather than after.
6 · Audit trail
Every document issued, every investor communication, every status change, timestamped and immutable. When somebody asks what an investor was told and when, the answer is a query rather than a search through WhatsApp.
Built for the person who does this six times a year.
Practising CAs and CS firms
You run placements for clients and carry the professional risk when the paperwork is wrong. This is built from that seat.
Boutique advisory firms
Multiple concurrent raises across multiple issuers, each with its own count, its own documents and its own clock.
Companies raising repeatedly
If you have raised once and expect to again, the register should already exist rather than being rebuilt from scratch.
Why us. This is being designed by people who file these forms rather than by people who read about them. That is not a marketing line — it is the reason we are starting with the subscriber counter and the document generator instead of a dashboard.