Portfolio valuation services: IPEV-compliant fair value with audit-ready documentation

Portfolio valuation is a recurring fund workflow. It feeds quarterly reporting, investor communication, audit review and sometimes transaction decisions. The requirement is simple. The fair value conclusion should be consistent, explainable and supported by evidence that can be traced back quickly when questions come up.

Taghash Services supports private market portfolio valuations by running a structured execution process around the valuation work, so the outcome is not just a number but a complete, review-ready file.

Why process matters in valuation

In private markets, fair value is an estimate at a point in time. That estimate becomes defensible only when the method fits the facts, the inputs are current and the judgement calls are documented clearly. Most delays and rework in valuation cycles come from workflow gaps rather than modelling issues. Inputs sit across emails and versions, assumptions are not captured cleanly and supporting evidence is assembled late. That is what makes the quarter close unpredictable.

Our approach is to keep the work repeatable every cycle: define context, collect evidence, apply the right method, document key decisions and close the file cleanly.

Standards and regulatory alignment

Our valuation engagements are aligned with:

• IPEV guidelines for fair value best practices in private markets
• SEBI expectations for AIF portfolio valuation, where relevant
• Companies Act valuation requirements, where applicable to the specific transaction context
• FEMA requirements for non-resident transactions, where relevant, including valuation using an internationally accepted pricing methodology on an arm’s length basis, duly certified by a Chartered Accountant or a SEBI-registered Merchant Banker, as applicable

What we do

We support the full valuation workflow, from input readiness to final deliverables, including coordination with an independent valuer for AIF reporting and, where required for a specific corporate action, obtaining a report from a registered valuer. This is designed for funds and finance teams that want valuations to run on a steady cadence without last-minute evidence chasing.

What you get

Deliverables are built for audit and investor scrutiny while remaining practical for internal use:

1. IPEV-aligned valuation report issued by a registered valuer
2. Summary valuation memo highlighting methodology, key assumptions, and sensitivities
3. Supporting working papers and data references, as required for audit or regulatory review

How the engagement runs

We keep the flow consistent each cycle so teams know what to expect:

1. Confirm the measurement date and purpose, then map the relevant frameworks
2. Build the valuation data pack and validate completeness
3. Apply the appropriate methodology based on stage and available evidence
4. Make assumptions explicit, run sensitivities and document judgement
5. Coordinate with the independent valuer and where required, the registered valuer
6. Finalize the model, evidence file, approvals and closing memo

Inputs we typically need

A valuation moves faster when the data pack is complete. We typically request:

• Latest financials and key operating metrics
• Projections and the assumptions behind them
• Cap table plus rights and preferences
• Details of the last primary round and any secondary transactions
• Material updates since the prior measurement date

Practical boundaries

Standard exclusions typically include:

• Legal opinions or tax advisory
• Audit certification beyond the valuation scope
• Preparing projections or business plans unless separately agreed

Closing

If you want valuations that are consistent, defensible and easy to review, the difference is a clean workflow and a strong evidence trail. Taghash Services provides the execution layer so valuation cycles run predictably, documentation is ready on time and teams spend less senior time rebuilding context each quarter.

About Taghash

Taghash provides an end-to-end platform for venture funds, private equity, fund of funds and other alternative investment funds. Over the last seven years, we have served as the tech arm for top VCs, helping them manage operations across deal flow, portfolio, fund and LP management. 

We also offer a services layer to support execution across data management, legal and compliance, fund administration coordination, trustee and custodian interfacing and valuations and advisory.

Trusted by leading fund managers like Blume Ventures, Kalaari Capital and A91 Partners, we enable our clients to achieve greater success. Click here to book a demo.