Are you confused about which information to enter in the revised Form PAS-3? Read here to know more about the new Valuation Fields to fill in the PAS-3 Form.

1. May 8, 2023 Valuation
Registering Valuer’s Information in PAS 3 Form:
Understanding Additional Details to Enter
PAS-3 form is a necessary form required to be filed as per the Companies Act,
2013, Section 39(4) and Section 42(0), as well as per Rules 12 and 14 of the
Companies (Prospectus and Allotment of Securities) Rules, 2014.
Generally, when a company creates an allotment of shares or securities, it has
to file a return of allotment of PAS-3 to the Registrar of Companies (ROC) on
the MCA portal.
However, the Ministry of Corporate Affairs has revised the form, and new
Valuation fields are now required to be filled in the form. What are they? – We
will discuss them all below in this blog.
Moreover, many companies have questions on how to fill out a PAS 3 form on
the MCA portal, or might be troubling to do so.
If that’s you, here in this blog, we will also discuss the step-by-step PAS-3
form-filling process on the MCA portal.
All and all, with the details taken care of, let’s look at
Return Of Allotment Of PAS-3
Details To Be Filled In PAS-3 Form
New Valuation Fields To Answer In PAS-3 Form
PAS-3 Form Filling Process on MCA Portal
Fees For Filing PAS-3 Form
Purpose Of PAS-3 Form
Share capital is that part of the share that comes from the allotment of shares
or an investment made by a company via subscribing shares.
Companies Act 2013 needs these companies to inform about the allotment of
shares by filling PAS-3 form to the Registrar of Company (ROC).
Filing the PAS-3 form helps the company provide complete information about
the individuals to whom the shares have been issued by the company. This
ensures that the company does not get involved in any kind of malpractice.
Hence to avoid malpractice, whenever a company issues any shares or
securities, it needs to file a return of allotment in PAS-3 to the Registrar on the
MCA portal with a comprehensive list of allottees to whom the securities have
been allocated.
It must be noted that the PAS-3 form should be filed within 30 days from the
date of shares allotment with the Registrar of Companies over the portal of
MCA.
Details To Be Filled
In PAS-3 Form

2. Here are the following details that need to be filled in the PAS-3 Form:
1. Corporate Identification Number (CIN)
2. Company name, registered office address, and company ID based on CIN
3. Securities allotted payable in cash or other than cash
4. Total number of allotments made
Note:
Here if consideration is in cash, the details of a maximum of five allotments
can be added. If the number of allotments exceeds more than 5, then the
company needs to file a separate form for allotment beyond 5.
Similarly, if consideration is other than cash, then the details of a maximum of
3 allotments can be added. If the number of allotments exceeds more than 3,
then the company needs to file a separate form for allotment beyond 3.
5. Date of allotment
6. Date of passing shareholder’s resolution
7. SRN of Form No. MGT-14
8. Nature of allotment (Preference shares/equity shares without differential
rights/equity shares with differential rights/debentures)
9. Allotment details
10. Details of consideration
11. Details of bonus shares
12. Details of private placement
13. Company’s capital structure after allotment consideration
14. Company’s debt structure after allotment consideration
15. Whether the complete list of allottees has been enclosed as an attachment
What Are The New Valuation
Fields To Answer In PAS-3 Form?
(a) *Name of firm/individual undertaking valuation
Add the name of the person or firm conducting the valuation of the company
or asset
(b) *Registration number issued by IBBI
Enter the registration number issued by the Insolvency and Bankruptcy Board
of India (IBBI)
(c) *Email ID
Provide the email ID of the valuer for communication purposes
(d) *Mobile number
Provide the mobile number of the valuer for communication purposes
(e) *Is valuer, a member of a professional body, i. e. ICAI, ICSI or ICWAI(Yes/No)
Select the option to confirm if the valuer is a member of any of these
professional bodies, such as the Institute of Chartered Accountants of India
(ICAI), Institute of Company Secretaries of India (ICSI), or Institute of Cost
Accountants of India (ICWAI).
(f) Membership number of the valuer
Enter the membership number of the valuer in the professional body to
which they belong.
(g) Permanent Account Number (PAN)
Provide the 10-digit alphanumeric identifier issued by the Income Tax
Department of India.
(h) *Has ICAI issued UDIN against the valuation report(Yes/No/NA)
(i) UDIN of valuation report issued by ICAI
Provide the unique Document Identification Number (UDIN) issued by the
Institute of Chartered Accountants of India (ICAI) against the valuation report.
(j) *Method of valuation
Enter the valuation method used by the valuer
(k) *Valuation amount
(l) *Date of issue of the report (DD/MM/YYYY)

3. (m) Other brief details of valuation (if any)
Provide other relevant information related to the valuation not covered by
the above points.
The Best Part?
If you are getting your business valuation done from My Valuation, we will
provide you with a comprehensive report, where you will receive all these
details to fill in the report itself, where the signature is placed by the valuer.
Form Filling Process
on MCA Portal
Download Form PAS-3
The first step is to download Form PAS-3 from the MCA Portal.
Avail Pre-Fill Facility
The second step is to enter CIN and avail of the pre-fill facility, which helps
auto-fill the form details from the details that have been collected already.
Enter Additional Details
Another step is to fill in all the additional details carefully about the
allotment and capital structure of the company and details of bonus
shares.
Document Attachment
Make sure to attach all the required documents and attachments.
Sign & Submit
The last second step is to attach your digital signature for form authority
and then submit the form.
Upload Form
Lastly, pay the fees and upload the form. Keep in mind to note down SRN
Number for future reference.
Attachments Required
To Submit In PAS 3 Form
List of allottees, including their name, address, profession, and securities
number allotted to each of the allottees. (Separate list for each allottee is
needed)
A copy of the Board or Shareholders’ resolution authorizing shares
allotment is mandatory.
A valuation report from the registered valuer is compulsory.
A duly stamped copy of the contract is obligatory to submit in case
securities are issued other than cash.
Compulsorily attach the private placement offers and acceptances record
in Form PAS-5 in case of a private placement.
A special resolution copy approving the issue of bonus shares is needed in
case of a bonus issue.
PAS-3 Form Filing Due Date
The due dates to file a return of allotment of shares are as follows:

4. Manner Of
Allotment
Description Time Limit
Allotment of shares to
the Public at large
When a company makes
an allotment of shares
to the public to a large
extent.
The company should file
the return of allotment of
shares within 30 days in
PAS-3 Form to the
registrar.
Allotment of shares
through private
placement
When a company makes
an allotment of shares
via private placement.
The company should file
the return of allotment
of shares within 15 days
in PAS-3 Form to the
registrar.
Fees For Filing PAS-3 Form
When a company has a share capital
Nominal Share Capital Fee applicable
Less than 1,00,000 200₹
1,00,000 to 4,99,999 300₹
5,00,000 to 24,99,999 400₹
25,00,000 to 99,99,999 500₹
1,00,00,000 or more 1,000₹
Delay Period Additional Fee
Up to 30 days 2 times of normal fees
More than 30 days and up to 60 days 4 times of normal fees
More than 60 days and up to 90 days 6 times of normal fees
More than 90 days and up to 180 days 10 times of normal fees
More than 180 days and up to 270 days 12 times of normal fees
When a company does not have a share capital then a flat fee of 200₹ is
applicable.
Penalty Fees For Filing
PAS-3 Form In Case Of Delay
Closing Statement
Whenever a business issues any allotment of shares or securities, it’s
necessary to file a return of allotment in form PAS-3 to the Registrar of
Companies.
We have highlighted every detail related to PAS-3 Form, from its purpose to
process, details to be filed to required documents, and deadlines to fees.
We hope you find the above information helpful. If you have, then do share
this blog with someone who needs to be aware of this information.
About My Valuation
My Valuation is a trusted Business Valuation and Advisory Firm in Bangalore,
India. We help businesses with the best valuation services and provide them
with the required financial advisory support to tackle valuation complexities.
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Valuer.
Details To Be Filled In PAS-3 Form
Attachments Required To Submit In PAS 3 Form
Fees For Filing PAS-3 Form
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5. PAS-3 Form Filing Due Date
Purpose Of PAS-3 Form
What Are The New Valuation Fields To Answer In PAS-3 Form
Registering Valuer's Information in PAS 3 Form: Understanding Additional
Details to Enter
Form Filling Process on MCA Portal
Penalty Fees For Filing PAS-3 Form In Case Of Delay
https://myvaluation.in/registering-valuers-information-in-pas-3-form
https://myvaluation.in/tag/registering-valuers-information-in-pas-3-form-understanding-additional-details-to-enter
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