The money hit the account; congratulations. A set of clocks started ticking the same day — and investors notice which founders know it.
The allotment timeline
- Shares must be allotted within prescribed periods of receiving money — private placement and preferential issue rules set strict windows and use-of-funds constraints
- The allotment return files with the ROC within its deadline
- Share certificates issue within their own window, duly stamped — stamp duty on issue is a state-law obligation founders forget
Register and record updates
Member register updated, board and shareholder resolutions minuted, articles amended if the round introduced new share classes or investor rights, and the cap table reconciled to the register — not to a spreadsheet from the data room.
The recurring aftermath
- Investor consent and information rights operating as the SHA promises
- Valuation and premium documentation preserved for tax scrutiny
- Future ESOP and secondary transactions following the new approval matrix
Why precision matters here
The next round’s diligence replays this round’s paperwork. Clean now is fast later.
Post-funding compliance, executed completely — startup advisory · ROC services.