Navigating PE Exits From India: Regulatory Hurdles, Structural Optimisation And Deal Certainty

In brief

This article examines the evolving exit landscape for PE investors in India, the key regulatory and structural issues that should be addressed well before an exit process is launched, and the practical considerations that can affect deal certainty across the principal exit routes available to investors.

Introduction

Private equity investing is ultimately judged at exit. While entry valuation and value creation shape the investment thesis, returns are realised only when an investor successfully converts value into liquidity. In today's Indian market, the critical question is no longer whether exit opportunities exist, but whether an investment has been structured, governed and documented to capitalise on them when they arise.