Stock Statement Certificate in Mumbai

Keep your cash credit or overdraft limit intact with a CA-prepared stock statement certificate, submitted to your bank every month with an accurate drawing power computation. Your sanction letter requires this declaration of stock and book debts on time, and an error or a late filing can freeze your limit or trigger penal interest. We prepare, certify, and file it for you - month after month.

Drawing power, not the sanctioned limit, is the amount you can actually draw, and it is recomputed from each month's stock statement. Miss a filing or report stock incorrectly and the bank can cut your drawing power or charge penal interest. This is a recurring discipline, and getting it right every month is what keeps the working-capital line fully available. It is distinct from the bank-appointed stock audit.

Content is reviewed quarterly for accuracy.

Any business with a CC or OD limit secured by stock and receivables needs to submit stock statements on the frequency in its sanction letter. The buyer is the proprietor, partner, director, or finance head.

• Manufacturers - with raw material, WIP, and finished-goods inventory financed by a CC limit.
• Traders and distributors - with stock-heavy working-capital lines.
• MSMEs - with CC or OD limits, usually monthly above Rs 1 crore, quarterly for smaller limits.
• Multi-location businesses - where stock across branches and warehouses must be consolidated.

• Sanction letter showing limit, margins, and submission frequency.
• Month-end stock records, category-wise, with valuation basis.
• Debtor list with ageing as on the statement date.
• Creditor list for stock purchases.
• Insurance policy details covering the stock.
• Purchase and sales registers or accounting data for the period.

All fees and charges listed are indicative only and do not constitute a binding offer. Final amounts may vary depending on the volume of work and the complexity involved.

Professional service charges for drafting, filing, and representation are separate from the statutory fees. The exact fee depends on the complexity of the case, disputed amount, and number of hearings required. Contact us for a detailed quote.

Get a free Stock Statement Certificate consultation - Call +91 945 945 6700 or WhatsApp us. No-obligation assessment.

10,000+ Businesses | 4.9 Google Rating | 50,000+ Documents Processed | 15+ Years. Trusted by Hyundai, Asian Paints, and Bridgestone, among others. With offices in Pune, Mumbai, Delhi, and Gurugram, Patron Accounting serves CC and OD borrowers across India - both in-person and remotely.

• Stock Audit - bank-appointed periodic stock verification.
• Accounting Services - keeps stock and debtor data current for the statement.
• Statutory Audit - annual audit of the financials behind the figures.
• Net Worth Certificate - often required alongside working-capital facilities.
• Net Worth Certificate for Business Loan - companion certificate for credit facilities.
• Internal Audit - controls over stock, receivables, and reporting.

• Basis of obligation: the borrower's sanction letter and loan agreement with the bank.
• Drawing power: computed on paid stock and eligible debtors after prescribed margins, per RBI-aligned bank norms.
• Consequence: DP exceeded for 90 days can lead to NPA classification under prudential norms.
• Format: the bank's prescribed format; ICAI format where none is provided.
• Certifier and UDIN: Chartered Accountants Act, 1949; UDIN mandatory since 1 July 2019.

References: prudential norms on drawing power and asset classification are issued by the Reserve Bank of India; CA certifications are authenticated via ICAI UDIN.

A stock statement filed late, or showing the wrong paid-stock figure, can quietly cut your drawing power right when you need the cash. If your monthly submission is due, hand it to a CA team that files accurately and on time, every month, so your working-capital line stays fully available.

For CC and OD borrowers, the monthly stock statement is what keeps drawing power - and therefore cash - available. Computed on paid stock and eligible debtors after margins, it must be accurate and on time, because a freeze, penal interest, or a 90-day breach carries real cost.

Patron Accounting prepares, certifies, and files it as a managed monthly service, bringing over 15 years of audit and certification experience to protect your limit. Call +91 945 945 6700.