Capital Structure Advisory
Review current capital and funding requirements.
BUSINESS ADVISORY · STRUCTURE FOR SUSTAINABLE GROWTH
Capital Structuring
Optimise Capital. Strengthen Growth.
OUR SERVICES FOR CAPITAL STRUCTURING
Capital advisory across equity, debt and funding instruments
Integrated legal, tax and regulatory workstreams tailored to your business structure and growth plans.
Equity & Debt Structuring
Assess suitable equity and debt funding alternatives.
Fundraising & Investor Advisory
Support funding strategy and investor arrangements.
Valuation & Financial Modelling
Coordinate valuation inputs and capital scenario modelling.
Regulatory Approvals & Compliances
Identify approvals, filings and compliance requirements.
Shareholder Agreements & Term Sheets
Coordinate corporate documentation and funding terms.
Re-structuring & Recapitalisation
Review capital changes and recapitalisation options.
Ongoing Advisory Support
Support continuing capital planning and implementation.
KEY BENEFITS
Why Capital Structuring is Important?
Capital structure planning considers the company's funding needs, cost, control, repayment obligations, investor expectations and regulatory requirements.
Considered for your next chapter.
Optimises cost of capital
Assess funding alternatives and their cost in the context of business plans.
Improves financial flexibility
Balance funding sources and terms to support operational flexibility.
Enhances investor confidence
Present a capital strategy that aligns with the business and investor requirements.
Tax efficiency and compliance
Consider tax treatment and regulatory obligations for proposed funding.
Facilitates mergers, acquisitions and exits
Align capital and investor arrangements with strategic transactions.
Mitigates risk and return
Assess financial risk and stakeholder returns across capital options.
Balances risk and return
Compare financing alternatives against repayment and control expectations.
Strengthens corporate governance
Coordinate approvals and governance requirements for capital changes.
COMPARATIVE ANALYSIS
Common Capital Structuring Options
Compare common entity or funding structures against ownership, liability, tax, governance and intended business use.
| Features | Equity Capital | Preference Shares | Convertible Instruments (CCPS / CCD) | Debt Financing (Bank / NBFC) | External Commercial Borrowings (ECB) | Mezzanine / Hybrid Instruments | Internal Accruals | Venture / Angel Investment |
|---|---|---|---|---|---|---|---|---|
| Nature | Ownership capital | Fixed / preferential return | Convertible to equity | Loan from lenders | Foreign currency loan | Combination of debt & equity | Retained earnings | Equity investment |
| Cost of Capital | Higher (dilution) | Moderate | Moderate | Lower | Lower (subject to forex) | Moderate to high | Lowest | High (with return expectations) |
| Control Impact | Dilution of control | Limited dilution | Dilution on conversion | No dilution | No dilution | Limited dilution | No dilution | Dilution (depending on stake) |
| Repayment Obligation | No fixed repayment | Dividend obligation | Interest till conversion | Principal + interest | Principal + interest | Periodic / structured | Not applicable | No fixed repayment |
| Suitability | Growth stage / expansion / capital raising | Stable business / income | Working capital / expansion | Capex / working capital | Large capex / international expansion | Growth / acquisition | Stable cash flow business | High growth / innovation business |
| Regulatory Aspects | RBI / SEBI / Companies Act | Companies Act | Companies Act / FEMA | RBI / bank regulations | FEMA (ECB guidelines) | RBI / SEBI (as applicable) | Companies Act | FEMA / SEBI |
| Tax Implications | Dividend (not deductible) | Dividend tax | Interest (tax deductible) | Interest (tax deductible) | Interest (tax deductible) | Interest / capital gains (as per structure) | No tax until distribution | Capital gains (depends on exit) |
Use this overview as a starting point for advice on the proposed structure and circumstances.
CAPITAL PLANNING
Our Approach to Capital Structuring
- Understand business goals
- Analyse current structure & options
- Financial modelling and impact analysis
- Recommend optimal structure
- Regulatory approvals and documentation
- Implementation support
OUR APPROACH
Simple, transparent and timely
A clear sequence of decisions and filings, coordinated around complete information and authority processing.
- 01
Understand Business Goals
Review funding objectives, growth plans and current capital.
- 02
Analyse Current Structure & Options
Compare equity, debt, hybrid and other relevant options.
- 03
Financial Modelling & Impact Analysis
Assess financial, control and repayment implications.
- 04
Recommend Optimal Structure
Develop the recommended capital arrangement.
- 05
Regulatory Approvals & Documentation
Coordinate required approvals, terms and documents.
- 06
Implementation Support
Support execution and post-implementation steps.
DOCUMENTS & REQUIREMENTS
Key Documents (Indicative)
The indicative checklist depends on the entities, jurisdictions and proposed changes involved.
- KYC of promoters / shareholders
- Corporate documents (MOA / AOA, shareholding pattern)
- Financial statements (last 3 years)
- Business plan and funding requirement
- Valuation report (if applicable)
- Board resolution for proposed structure
- Term sheets / loan agreements / investment agreements
- Sector-specific approvals (if required)
PROS AND CONS
Pros and Cons of Capital Structuring
Key Advantages
- Optimised cost of capital and tax efficiency
- Improved financial flexibility
- Access to larger funding opportunities
- Facilitates expansion, acquisitions and exits
- Better risk management and balance sheet strength
- Enhances investor confidence and valuation
Key Challenges
- Complex structuring and documentation
- Regulatory approvals and compliance requirements
- Potential dilution of ownership
- Interest / repayment obligations (in debt)
- Foreign exchange and RBI / FEMA compliance (in case of ECB)
- Time and cost involved in implementation
OUR PROFESSIONAL FEES (INDICATIVE)
Transparent, structured advisory support
Choose an advisory scope to suit your business requirements. Final scope and applicable charges are confirmed before engagement.
Basic Advisory Package
₹49,999/-- Initial consultation
- Review of existing structure
- Preliminary options analysis
- Basic advisory report
Comprehensive Package
₹1,49,999/-- Detailed financial analysis
- Structuring & modelling
- Documentation support
- Regulatory coordination
- Implementation support
Customised Solutions
Complex / multi-jurisdiction structures, M&A / fundraising support, financing advisory, detailed negotiations and a dedicated relationship manager.
Get a QuoteFREQUENTLY ASKED QUESTIONS
Browse all FAQs A few useful answers
Common questions about business structuring and implementation.
What is capital structuring?
How do I decide between debt and equity?
What are the tax implications of different capital structures?
Do I need RBI approval for external commercial borrowings (ECB)?
Can preference shares or CCDs be used for fundraising?
How long does it take to implement a capital structure?
TESTIMONIALS
Clear advice. Practical direction.
Perspectives shared with permission by clients of our advisory teams.
Astronis Global brought clarity and commercial focus to a complex restructuring exercise. Their advice was practical, timely and easy for our leadership team to act on.
The team understood our regulatory requirements quickly and helped us move forward with confidence. We valued their responsiveness and disciplined follow-through.
Astronis Global provided dependable support across multiple registrations and approvals. Their communication was clear, structured and consistently professional.
INSIGHTS & EVENTS
View all insights Latest Articles, Updates and Events
KNOWLEDGE CENTRE
Guides, checklists and templates
Explore resources to help organise your formation planning.
YOUR NEXT CHAPTER STARTS HERE
Let's Build a Stronger Capital Structure for Your Business.
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