K G Somani & Co

What K G Somani & Co does

K G Somani & Co LLP is a third-generation Chartered Accountants firm headquartered in New Delhi, practicing in India for over five decades. The firm is structured as a Limited Liability Partnership (LLP Identification Number AAX-5330) and operates with 17 partners and over 200 staff, supported by an additional 500+ professionals through the AVS & Affiliates domestic network of six CA firms.

The firm delivers six core service lines: Audit & Assurance (statutory audits, internal audits, SOX compliance for NASDAQ-listed and PCAOB-regulated entities), Transaction Advisory Services (due diligence and transaction support), Valuation, Direct Tax & Regulatory, New India Services (business incorporation, virtual CFO, market entry support for multinationals and domestic MSMEs), and Risk Advisory Services (internal audit, governance risk and compliance, IT audits, and fraud and forensics). It is empanelled with PCAOB, SEBI, RBI, and CAG, and serves clients in financial institutions, banking, power, manufacturing, and transport (railways and aviation) sectors.

KGS generates revenue through partner-led professional service engagements priced on a project/hourly basis (pricing is not publicly disclosed), sold directly to enterprise clients and indirectly through its TGS Global international network and AVS & Affiliates domestic network. The firm pursues a content-marketing and partner-relationship-led go-to-market motion, supported by a regulatory-update blog and active careers hiring across audit, tax, risk advisory, and business development.

Name

K G Somani & Co

Legal name

K G Somani & Co LLP

Website

https://kgsomani.com

Company type

Private

Founded year

1963

Operating status

Operating

Headcount range

101–250 employees

Short description

K G Somani & Co LLP is a third-generation Indian Chartered Accountants firm (LLP) with 17 partners, offering audit, tax, valuation, transaction advisory, and risk advisory services to large corporations, financial institutions, banks, and public-sector clients in India and abroad.

Ownership category

akta.pro rank

Product category

Chartered Accountancy and Advisory Services

NAICS

Other Accounting Services (541219)

SIC

Services-Management Services (8741)

akta.pro primary industry

Transaction Services (Financial, Tax & Commercial Due Diligence) (BPAHAOAB)

akta.pro secondary industries

Audit Management, Controls & SOX Compliance (BPAEAPAH), Fraud Risk & Financial Crime Controls Advisory (BPAKADAL), Tax Operations Support (Indirect Tax, Withholding, Compliance Admin) (BPAAAGAI), Risk, Controls & Governance (GRC) Platforms (FSAFAOAG)

Keywords

• Audit assurance
• Transaction advisory
• Tax regulatory
• Valuation services
• Risk advisory

Headquarters

HQ city

New Delhi

HQ country

India

HQ region

Asia

Offices7 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Audit & Assurance Services: Statutory audits for listed and unlisted companies, internal audits, SOX compliance services, and financial statement audits under IND-AS. Serves NASDAQ listed companies and entities empanelled with PCAOB.
2. Risk Advisory Services: Enterprise risk management, internal audits, IT audits, fraud and forensics, governance risk and compliance, and Sarbanes-Oxley transformation and compliance services.
3. Transaction Advisory Services: Due diligence, valuations, and transaction support services for corporate transactions.
4. Direct Tax & Regulatory: Tax advisory, compliance, and regulatory services for corporate clients.
5. Insolvency & Bankruptcy: Insolvency professional services acting as Interim Resolution Professionals, Liquidators, Resolution Professionals and Bankruptcy Trustees under the Insolvency and Bankruptcy Code.
6. New India Services: Business establishment support including company/LLP incorporation, regulatory approvals, virtual CFO, manpower outsourcing, market intelligence, and operational monitoring for businesses entering Indian markets and startups/MSMEs.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

K G Somani & Co LLP is a 3rd generation Chartered Accountants firm providing audit, taxation, transaction advisory, valuation, and risk advisory services to large enterprises, financial institutions, banks, and regulated companies. Its six core service lines are Audit & Assurance, Transaction Advisory Services, Valuation, Direct Tax & Regulatory, New India Services (market entry and business establishment support for foreign companies and startups), and Risk Advisory Services.

Product overview

K G Somani & Co LLP is a professional services firm offering a comprehensive suite of chartered accountancy services through six core service lines: Audit & Assurance, Transaction Advisory Services, Valuation, Direct Tax & Regulatory, New India (business establishment for India market entry), and Risk Advisory Services. The Risk Advisory Services umbrella encompasses Internal Audit Services, Governance Risk & Compliance, IT Audits, and Fraud & Forensics. The firm is a 17-partner firm with over 200 staff, empanelled with PCAOB and serving NASDAQ listed companies, with associations across financial institutions, banks, power companies, and manufacturing/transport industries.

Differentiator

Problem solved

Functional benefit

Products and services

• Audit & Assurance Statutory audits for listed and unlisted companies, internal audits, SOX compliance services, and financial statement audits under IND-AS. Serves NASDAQ-listed companies and entities empanelled with PCAOB.
• Transaction Advisory Services
• Valuation
• Direct Tax & Regulatory
• New India Services
• Risk Advisory Services

Quantifiable outcome

• Serving clients with presence in and outside India including Financial Institutions, Banks, Power Companies, Corporations, Manufacturing and Transport sectors

Named customers4 records

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• TGS GlobalcoreStrategic or Co-development PartnerKGS is an independent member firm of TGS Global, an accountancy network whose members specialize in accounting, audit, tax and commercial legal services. TGS Global has a presence in every continent. Working with other member firms, KGS can form and lead multi-disciplinary and multinational teams to meet specific client needs.
• AVS & AffiliatescoreStrategic or Co-development PartnerKGS is part of a domestic network of six CA firms known as AVS & Affiliates, registered with Institute of Chartered Accountants of India. AVS has a pan India presence with over 50 partners (with specialization in different spheres) and over 500 staff members supported by specialized experts on Information Technology, Financial Management, Legal and other technical areas.

Scale indicators7 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• BDO India LLP: Mid-tier global accountancy network member firm in India offering audit, tax and advisory; the closest scale and business-model comparable to KGS, including PCAOB-aligned cross-border audit work.
• Grant Thornton India LLP: Indian member of Grant Thornton International; directly comparable mid-tier firm offering audit, tax and transaction advisory, frequently competing with KGS in mid-to-large enterprise and IPO advisory mandates.
• Baker Tilly India: Indian member of Baker Tilly network offering audit, tax and advisory; comparable international mid-tier firm competing with KGS for cross-border and mid-market enterprise mandates.
• SS Kothari Mehta & Co. LLP: Prominent Indian chartered accountancy firm of comparable scale, offering audit, tax and advisory including PCAOB empanelment; one of the closest direct comparables to KGS in mid-tier Indian professional services.
• Mazars India LLP: Indian member of Mazars international network; directly comparable international mid-tier accounting firm offering audit, tax and advisory services overlapping with KGS's enterprise and cross-border practice.
• RSM India LLP: Indian member of RSM Global providing audit, tax and consulting; comparable in scale and service mix to KGS, particularly for mid-market enterprises and cross-border work via its international network.

Broad incumbents

• KPMG Assurance and Consulting Services LLP (KPMG India): Indian member firm of KPMG offering audit, tax and advisory; competes with KGS in enterprise audit, SOX, risk advisory and due diligence for large corporations and banks.
• Deloitte Haskins & Sells (Deloitte India member firm): Indian member firm of Deloitte Touche Tohmatsu; competes head-to-head with KGS for NASDAQ-listed and large-enterprise statutory audits, SOX compliance and transaction advisory, with materially deeper bench and global brand.
• S.R. Batliboi & Co. LLP (EY India member firm): Indian member of EY providing audit, tax, transaction and risk advisory; a peer in PCAOB-empanelled audits, forensic investigations, and insolvency services overlapping directly with KGS service lines.
• Price Waterhouse & Co LLP (PwC India member firm): Indian member of PwC network providing audit, tax and advisory; directly comparable in PCAOB-empanelled audit services for US-listed clients and competes with KGS in enterprise risk advisory and transaction services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInin.linkedin.com/company/kgsco
• Xx.com/kg_somani

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles22 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about K G Somani & Co