Cap table software for Indian companies
A spreadsheet is a snapshot someone last edited. Saral is a ledger of events — allotments, transfers, conversions, splits — and every view is computed by replaying those events. Nothing can be silently edited; mistakes are corrected in the open, with a reversing entry.
On the demo company — Bharat Widgets
The demo company’s cap table — current, fully diluted, or as of any date you pick.
Import from Excel
Bring the sheet your CS maintains. Saral parses holders, classes, prices and allotment dates, validates in a dry run, and writes only after you approve.
Indian instruments as structured data
Equity, CCPS (with liquidation preference, participation and anti-dilution terms), CCDs, iSAFEs and partly-paid shares — modelled as data the engine computes with, not free-text notes.
Distinctive numbers
Certificates carry numbered share ranges. Saral assigns them, splits them FIFO on transfer, retires them on buyback, renumbers on splits — and audits continuity.
Point-in-time truth
The cap table as of your last AGM, your last filing, or any diligence date — replayed, not reconstructed from memory.
On the same ledger
Append-only
Every allotment, transfer or grant is an event. Nothing is edited or deleted — a mistake gets a reversing entry.
Exact decimal math
Share counts and ₹ amounts run on Postgres NUMERIC and decimal.js — never a JS float, so nothing rounds wrong.
Row-level isolation
Every table carrying tenant data is scoped by company_id at the database layer, not just hidden in the UI.
Point-in-time replay
Any cap table or register can be recomputed as of any past date by replaying the event log to that point.
The rest of the suite
- ESOP“We promised ESOPs eight months ago. The scheme is a Word file, grants are emails, and nobody knows what has vested.”
- Compliance“We closed the round, celebrated, and found out later the PAS-3 clock was 15 days — not 30. Nobody told us about the funds lock either.”
- Fundraising“Diligence is forty emails, a Drive folder nobody can navigate, and a lawyer asking for the same cap table three times.”
- Investors“I have positions in nine startups. My records are nine PDFs, four spreadsheets and a WhatsApp thread with a fund admin.”
See cap table on the demo company
Bharat Widgets — the same ledger the diagrams above describe, live.