Share Allotment
Issuing new shares to an investor or a founder.
Reviewed by CA Hitendra Pal Singh· company law, tax and complianceLast reviewed
Issuing new shares — a rights issue, private placement or founder top-up — has its own procedure, valuation and PAS-3 filing. Getting the sequence wrong is one of the commonest problems found in investor due diligence.
What is included
- Route assessment — rights issue or private placement
- Offer letter and resolutions
- PAS-3 filing
- Share certificates and register updates
- FC-GPR reporting for a foreign investor
What we will need from you
- Board and shareholder resolutions
- Investor details
- Valuation report where required
- Bank proof of money received
How long it takes
Typically 10–15 working days.
Timelines are typical, not guaranteed. Government processing times vary, and a query from the officer adds to them. We will tell you where yours stands.
Common questions
Is authorised capital enough?
The allotment must fit within the authorised capital. If it does not, that has to be increased first.