Chaturvedi & Shah

Name

Chaturvedi & Shah

Legal name

Chaturvedi & Shah LLP

Website

https://cas.ind.in

Company type

Private

Founded year

1967

Operating status

Operating

Headcount range

251–500 employees

Ownership category

akta.pro rank

Product category

Professional Services / Audit and Advisory

NAICS

Management Consulting Services (54161), Other Scientific and Technical Consulting Services (54169)

SIC

Services-Management Consulting Services (8742), Services-Engineering, Accounting, Research, Management (8700)

akta.pro industry

PRIMARYBPAHAOAA

M&A Advisory (Buy-Side & Sell-Side)

Business & Public Services/Professional Services (Legal, Accounting, Consulting)/M&A, Transaction & Restructuring Advisory

SECONDARYBPAHAOAB

Transaction Services (Financial, Tax & Commercial Due Diligence)

Business & Public Services/Professional Services (Legal, Accounting, Consulting)/M&A, Transaction & Restructuring Advisory

SECONDARYBPAHAOAK

Valuation & Purchase Price Allocation (Deal Valuation)

Business & Public Services/Professional Services (Legal, Accounting, Consulting)/M&A, Transaction & Restructuring Advisory

SECONDARYBPAHAOAG

Corporate Development & Strategic Partnerships Advisory (JVs, Alliances, Carve-outs)

Business & Public Services/Professional Services (Legal, Accounting, Consulting)/M&A, Transaction & Restructuring Advisory

SECONDARYBPAHAOAJ

Transaction Tax Structuring & Deal Advisory

Business & Public Services/Professional Services (Legal, Accounting, Consulting)/M&A, Transaction & Restructuring Advisory

Keywords

• Audit and assurance services
• Statutory audit services
• Corporate advisory services
• Transaction advisory services
• Financial due diligence

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Audit & Assurance Services: Independent, insight-driven audit and assurance assessments that enhance financial transparency and ensure regulatory confidence. Includes statutory audits, tax audits, ESG audits, investigations and special audits, conversion of financial statements in compliance with Ind AS, and internal control reviews.
2. Corporate Advisory Services: Strategic counsel on structure, operations, and governance enabling long-term growth and resilience. Includes valuation services, restructuring advisory, M&A transaction services, financial due diligence, financial advisory, and company law advisory.
3. Transaction Advisory Services: Comprehensive support across deal lifecycles to optimise value, mitigate risk, and drive successful outcomes. Includes mergers, acquisitions, restructuring, due diligence, management audits, and operational efficiency advisory.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Chaturvedi & Shah LLP is a professional services firm delivering audit and assurance, corporate advisory, and transaction advisory services to enterprises across India. Audit offerings include statutory audits, tax audits, ESG audits, special audits, Ind AS conversion, and internal control reviews. Advisory offerings span valuation, restructuring, M&A advisory, financial due diligence, and company law matters. Transaction advisory covers full deal lifecycle support including management audits, SOP reviews, and internal controls validation.

Product overview

Chaturvedi & Shah LLP is a professional services firm offering a unified portfolio of three interconnected service lines: Audit & Assurance, Corporate Advisory, and Transaction Advisory. Audit & Assurance provides independent financial assessments including statutory audits, tax audits, ESG audits, and internal control reviews. Corporate Advisory offers strategic counsel encompassing valuation services, restructuring advisory, M&A transaction services, and financial due diligence. Transaction Advisory delivers comprehensive deal support including management audits and validation of internal controls. Together, these services enable clients to navigate complex financial landscapes, ensure regulatory compliance, and achieve sustainable growth.

Differentiator

Problem solved

Functional benefit

Products and services

• Audit & Assurance Services Independent, insight-driven assessments that enhance financial transparency and ensure regulatory confidence. Includes statutory audits, tax audits, ESG audits, investigations and special audits, conversion of financial statements in compliance with Ind AS, and internal control reviews. Targeted at large Indian corporates and enterprises across multiple sectors.
• Corporate Advisory Services Strategic counsel on structure, operations, and governance to enable long-term growth and resilience. Includes valuation services, restructuring advisory, M&A transaction services, financial due diligence, financial advisory, and company law advisory. Targeted at enterprises undertaking strategic transactions, restructurings, or governance enhancements.
• Transaction Advisory Services Comprehensive support across deal lifecycles to optimise value, mitigate risk, and drive successful outcomes. Includes management audits, review of standard operating procedures, and validation of internal controls. Targeted at enterprises executing mergers, acquisitions, restructurings, and operational efficiency improvements.

Segments18 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• PricewaterhouseCoopers India: PwC India is the Indian arm of the Big 4 firm, providing audit, advisory, and tax services to large and listed Indian corporates. Overlaps with C&S across audit assurance and corporate advisory, with significantly larger scale and integrated global capabilities.
• KPMG India: KPMG India is one of the Big 4 firms delivering audit, tax, and advisory services to large Indian enterprises and multinational subsidiaries. Competes with C&S for enterprise audit mandates and M&A advisory, with materially larger headcount and global network reach.
• Ernst & Young LLP (India): EY India is one of the Big 4 firms providing full-suite audit, advisory, tax, and transaction services to India's largest corporates. Overlaps with C&S across every service line but operates at substantially greater scale and with global delivery capability.

Direct peers

• Grant Thornton India: Grant Thornton India LLP is part of the global Grant Thornton network, providing audit, tax, advisory, and transaction support to mid and large enterprises. Directly comparable to C&S in service mix, sector breadth, and mid-tier positioning in India's audit and M&A advisory market.
• BDO India: BDO India is a member of the global BDO network and offers audit, advisory, tax, and transaction services to mid-market and large Indian corporates. It is a direct peer — PCAOB-affiliated, multi-service, and competing for the same enterprise audit and M&A advisory mandates.
• Lodha & Co: Lodha & Co is a long-established Indian chartered accountancy firm offering audit, tax, advisory, and transaction services to corporates across sectors. Comparable mid-tier Indian CA firm of similar vintage and service breadth competing for the same enterprise clients as C&S.
• S.R. Batliboi & Co. LLP: S.R. Batliboi is a leading Indian CA firm now affiliated with the EY global network, providing audit, tax, and transaction services to large Indian corporates. Directly comparable in service portfolio and PCAOB-grade audit work, with similar sector breadth across India's largest enterprises.
• Walker Chandiok & Co LLP: Walker Chandiok is a leading Indian CA firm affiliated with the Grant Thornton network, providing audit, tax, and advisory services to large Indian corporates and conglomerates. Directly comparable mid-tier PCAOB-registered Indian firm with similar enterprise focus and service breadth.
• RSM India: RSM Astute Consulting in India is the Indian member of RSM International, providing audit, tax, and consulting to mid-market companies. It competes head-to-head with C&S for cross-border audit, due diligence, and transaction advisory work for India-headquartered clients.
• Deloitte Haskins & Sells LLP: Deloitte Haskins & Sells is the Indian audit entity affiliated with the Deloitte global network, performing statutory and PCAOB audits of large Indian enterprises. Directly comparable service offering (audit, corporate advisory, transaction advisory) to C&S, with the key distinction of network scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Chaturvedi & Shah