We are pleased to release the fifth edition of Incwert’s holding company discount (“HoldCo Discount”) study 2025, based on the analysis of select listed holding companies across major sectors in India.
We observe that the median HoldCo discount in FY25 was approximately 63 per cent across the major listed holding entities in India.
We are pleased to present the fourth edition of Incwert’s Purchase Price Allocation Study in India, covering transactions from FY2017 to FY2025.
This study is based on an analysis of 1,320 completed transactions derived from publicly available filings. The findings are presented across key dimensions, including the classification of intangible assets, transaction size, frequency of occurrence of intangibles across industries, contingent consideration, and estimated useful lives.
We are pleased to issue the 8th edition of the India Equity Risk Premium study (2026), which analyses the risk premium to be considered when determining the cost of equity using the capital asset pricing model.
Incwert Size Premium Study 2025 is a comprehensive study of past market data of the companies listed on the National Stock Exchange (NSE) of India from 1995 through December 2024 to analyse the returns that mid-cap, small-cap and micro-cap stocks have generated over the return as predicted by capital asset pricing model (CAPM)
Authored by: CA Punit Khandelwal, CA Sunit Khandelwal and Prof. Divya Aggarwal Professor, MDI Gurgaon (ex-professor: EMLV, France and IIM Ranchi,…
