“The cap table is an Excel file. Three people have three versions. Nobody is sure which one the CS filed from.”
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.
§ The statute, handled
The Indian-law details, by name.
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.
Questions founders ask
QCan I edit a past entry?
No — and that is the point. The ledger is append-only. Corrections are made with reversing entries, so the history your investors and the ROC rely on is tamper-evident.
QWhat if my Excel has errors?
The importer runs a dry-run validation first and shows every warning. Nothing is written until you approve the diff.
QCan I export everything?
Yes — cap tables and registers export to Excel and PDF at any time, on every plan. Your data is never held hostage.
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