Cap Table Advisory

A reliable cap table is not just a record; it is a planning instrument. Before you raise, you need to see exactly how a new round dilutes the founders, how the option pool expands, how a liquidation preference reorders the payout, and how convertible instruments will behave when they convert. Our team builds and stress-tests these scenarios with you, so you walk into a negotiation knowing what each proposed term actually does to your ownership, rather than discovering it after the round closes.

The accuracy side is where Law Mahaguru’s legal discipline matters most. We reconcile the cap table against the underlying legal reality, the share certificates and register of members, the executed transfer deeds, the board approvals for each allotment, the ESOP register, and the conversion terms of any outstanding instruments. A cap table that does not tie out to these documents is a cap table that will fail diligence, and we make sure yours ties out before anyone else checks.

What founders gain is confidence and credibility. When an investor’s counsel opens your cap table and finds it clean, reconciled, and supported by documents, the round moves faster and the trust is established early. We have seen the opposite repeatedly, where a messy cap table forces a scramble mid-diligence and weakens the founder’s position at exactly the wrong moment. Keeping it clean from the start is far cheaper than reconstructing it under pressure.

We help early-stage founders set up a cap table that will scale, growing companies clean up and reconcile records that have drifted, and teams model dilution and waterfall outcomes ahead of a raise or an exit. Each gets both an accurate record and the ability to see the future before committing to it.

Ownership is the foundation of everything a startup negotiates, and it deserves to be precise. Law Mahaguru gives you a cap table you can trust and plan with. Share your current ownership picture, and we will make it accurate, reconciled, and ready for whatever comes next.