Worked examples · illustrative
Indian deals, run step by step.
Three deals worked end to end on Saral — a priced seed round, an iSAFE conversion and a first ESOP grant. The numbers are illustrative and self-consistent, computed by the same decimal-exact arithmetic the product ships. They are scenarios, not customer data — Saral is in early access, and we don’t publish anyone’s cap table.
A ₹5 crore priced seed round, start to allotment
A DPIIT-recognised private limited company raises ₹5 crore at a ₹20 crore pre-money valuation. Saral models the round before it closes, then turns the signed term sheet into an allotment — and the statutory clocks start on their own.
The numbers
What Saral then prepares
Saral prepares; your CS or CA reviews, signs and files. Deadlines are the statutory defaults — confirm the operative date with your professional.
An iSAFE now, converting at the next round
An angel puts in ₹1.2 crore on an iSAFE with a ₹15 crore valuation cap and a 20% discount. In India it is wrapped as a CCPS and sits on the ledger as debt-to-equity until a priced round triggers the conversion — priced at the better of cap and discount.
The numbers
What Saral then prepares
Saral prepares; your CS or CA reviews, signs and files. Deadlines are the statutory defaults — confirm the operative date with your professional.
An ESOP pool and a first grant
The board and shareholders approve a 10% option pool; the company makes its first grant to an early employee. Vesting runs nightly, and the perquisite tax is computed at exercise — on the same ledger as the equity.
The numbers
What Saral then prepares
Saral prepares; your CS or CA reviews, signs and files. Deadlines are the statutory defaults — confirm the operative date with your professional.
Run your own round
See these worked on your cap table.
Import your cap table and model your next round the same way — pre/post-money, price per share, per-holder dilution, then the PAS-3 and FC-GPR clocks. We’re onboarding our first design partners now.
A CapEasy engineer replies within a working day — or see the ledger yourself at app.getsaral.in.