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Akshit Goyal

Venture Capital, Fun... • 1y

Hi everyone! I’m Akshit, Partner and Corporate Practice Head at Goyel and Goyal. I'm here on Medial to answer all your questions regarding startup incorporation, legalities, fundraising compliances and any and all things legal/CS. Please put down

Anonymous 8

Hey I am on Medial • 1y

Hi Akshit, We are a startup registered as pvt Ltd and our paid up capital is 1 lakh rupees. We are planning to provide ESOPs to our employees. For 1% of the company how many ESOPs can we create ? What's the process for this.

1 Reply

Replies (1)

Akshit Goyal

Venture Capital, Fun... • 1y

Will need your captable for this but general math is as follows: Assuminf 10000 paid up shares, of 10 each. - 10,000 =99% of X X(total shares including paid up and esop) = 10000 *100/99. The differential between x and 10000 will be your esop shares of 1% Process - adopt a formal esop polocy after passing board and special resolution of shareholders. File mgt 14 and then grant esop letter and update your register of esop holders.

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Hey I am on Medial • 1y

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No Need

Yes , Completed

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