ESOP Direct
WHO WE ARE
Every foresighted corporation strives to nurture its human resources and equity compensation plans are a worthy tool to do so. However, it takes complete understanding of the company needs to concepualize, design and manage an ideal scheme. We, ESOP Direct have the expertise and experience to offer integrated ESOP services to you. In fact, with half a century old legacy in finance, taxation and accounting behind us, we have honed competency in the field of equity compensation with clients worldwide.
NUMBERS
SPEAK
20+
Cumulative Years of Track Record
1,200+
Assignments
120,000+
Global Employees Served
15+
Clients in Singapore/ASEAN
3 bn+
Value of Options Under Administration
120+
Team Strength
50+
Countries Served
NUMBERS
SPEAK
20+
Cumulative Years of Track Record
1,200+
Assignments
120,000+
Global Employees Served
15+
Clients in Singapore/ASEAN
3 bn+
Value of Options Under Administration
120+
Team Strength
50+
Countries Served
WHAT WE DO
ESOP Direct offers end to end equity compensation services in that we can step in at any stage of your ESOP life cycle and work with you from that point ahead. So if you are already well into your present scheme but are looking to derive better results from it, orthis is the first ever time you have though about the concept, you can rope us in.
PLAN REVIEW AND COMPLIANCE
Interestingly enough, in a dynamic business environment, an established ESOP scheme may have to adapt and upgrade itself to render the best benefit . Companies often come to us when they need to revisit and reconfigure their current scheme to fit new parameters and industry best practices.
WEB BASED PORTAL FOR COMPANY PROCESS OWNERS AND EMPLOYEES
Since ESOP Direct has grown with a focus on Equity Compensation, we have the privilege of developing our own in-house ESOP administration platform, MyESOPS. We offer this as an effective tool for the administration accounting,tax calculation, employee communication and even online reporting.
WHY US
ESOP Direct is a company with a more than two decades of experience in accounting, finance and corporate law. We have been active in the Equity Compensation domain for over a decade with clients worldwide. But more than that, we are the first and only firm in Singapore rendering end to end ESOP services. Our team of domain experts supported by technology experts gives us the capability to develop our own software solutions to run the ESOP Plan that we design. Our client list includes a range of companies from mega corporations to medium size enterprises in different geographies, which means we have an understanding of country specific legal and financial environments. We invite you to see what our clients have to say about us in the testimonials sections.
OUR TEAM
ESOP Direct is headed by Ravi Pandit and Harshu Ghate, and driven by a core team of highly qualified chartered accountants, finance and corporate law specialists as well as I.T professionals. Together, thses innovative minds are able to bring to the table the best curated products and services in Equity Compensation Strategy, Plan Structuring , Plan Documentation, Employee Communications, Ongoing Administration, Fair Valuations, Accounting and Taxation.
OUR WORK
After having spent two successful decades in the equity stock compensation solutions space, we have built a body of work we can be proud of. ESOP Direct has services clients from manufacturing, power, telecom, healthcare, entertainment and hospitality sectors. Clients from small scale businesses to mega corporations, have integrated our solutions to meet their business objectives.
Revisit for a better fit
When a major player in the housing finance company decided to review and reform the existing equity compensation scheme for optimum benefit for itself as well as the employees...
Equity incentive in family owned enterprise
When a family owned company felt it was time to be called a professional corporation and decided to groom leadership for the future, the right equity compensation Plan would help get the right people on board.
Planning equity incentive for a company on its way to achieve unicorn dream
When a Singapore based online app company in the healthcare sector beckoned ESOP Direct to help them put the perfect equity compensation Plan in place for the very first time…
OUR PRESTIGIOUS CLIENTS
7+ Unicorns
Top 5 Pharma Companies
Top 5 FMCG Companies
Pvt Sector Banks
10+ Large Business Groups
Top Telecom Companies
IT Companies
5000 cr. Market Valuation Companies
50+ PE Backed Companies
CLIENT SPEAK
Our clients speak for us. Regardless of the size, scale and nature of your business, we are sure you will find one, if not more, closest to it in our client list. Do check out the case studies and the testimonials to know how their experience has been.
Kopi Kenangan
Edward Tirtanata – CEO and Co-Founder
"We are the fastest growing coffee chain in Indonesia backed by Sequoia Capital and other reputable VCs. When we decided to initiate our ESOP, we decided to go with ESOP Direct which has an extensive knowledge in this area. ESOP Direct guided us every step of the entire process and we are very happy with their prompt responses to our queries!"
MyFave
Yeoh Chen Chow – Co-Founder of Fave Group
"The best part in dealing with the ESOP Direct team was that they worked closely with us (founders) during the process and really listened to understand our company culture and philosophy towards employee rewards. It was a fine example of collaborative efforts to design a custom employee stock option plan from scratch and the team has provided great support throughout the implementation. Highly recommended for anyone setting up employee compensation schemes for the first time."
Manhar Kapoor
General Counsel and Company Secretary, Eicher Motors
"ESOP Direct has been a very competent consultant to us and we are happy to rely on them. We needed someone to analyse our existing stock option instrument. They conducted a feasibility study, correlated their findings with company objectives and came up with their recommendations. A dependable ally to have, is what I’d say."
Shailesh Singh
Head HR, Max Life Insurance
"We needed an objective comparison and evaluation of alternate instruments, as we then had a phantom plan. ESOP Direct team had several rounds of discussions with us and they made presentations and analyses of industry best practices. Their in depth study and report gave us enough data to take an informed decision. It was a totally worthwhile exercise and we are glad we sought their expert help.
Umasree Parvathy
Chief Peoples Officer, Northern Arc
"ESOP Direct acted in the role of Trustees for our employee stock option program. Needless to say it entails a high degree of responsibility, integrity and competency. I am fully convinced we have met the right people."
Mona Cherian
President and Group Head Human Resources, Thomas Cook
"We entrusted ESOP Direct with our complete plan administration. We are glad our scheme is being handled by highly experienced people, especially as our employees are spread far and wide across India and it is a complex process to manage a plan and issue grant letters to multiple locations. I wish ESOP Direct every success."
Sanjay Rathi
Head – Legal and Corporate Governance, Future Retail
"We were going through the sensitive process of merger and demerger, and as an organization, we needed an able guiding hand. ESOP Direct are known as thought leaders in the domain of ESOP and that was precisely what we wanted. They guided us on accounting, corporate adjustment of options and even communication to employees regarding options."
Jogendra Sethi
Chief Financial Officer, VIP Industries
"Our requirements were threefold. We needed a stock option plan in the light of next level growth. ESOP Direct team helped us assess alternative instruments and design a plan for a better fit with the new parameters in accordance with industry practices. They also guided us on legal compliance, documentation, employee communication and roll-out. So I’d say they pretty much helped us on all fronts and am happy to have worked with them."
Girish Menon
Head – Human Resources, Swiggy
"ESOP Direct’s software platform My ESOPs has been a wonderfool tool for plan administration. I specially appreciate that they customized the platform by adding a functionality to account for buyback/ surrender of options, as that was our specific need at that point. That kind of flexibility and customer centricity makes all the difference!"
Amit Singh
Head – Human Resources, SBI Mutual Fund
“I’m absolutely satisfied with their services. We hired ESOP Direct to handle our ESOP administration which was live and running. With our kind of employee strength we expect nothing less than the highest efficiency and transparency in administration. My ESOPs platform has succeeded in rendering it perfectly."
KNOWLEDGE BANK
The concept of Employee Compensation has come of age only in the past few years and has undergone momentous changes and reforms in this course. It impacts and is impacted by multiple factors ranging from financial, statutory and human resources. As domain specialists, ESOP Direct continuously stays updated on the developments happening in this growing field. It is a lifelong learning process that gives us insights and confidence to comment on the subject. Feel free to use this repository of knowledge in the form of latest legal notifications, well researched articles, surveys and analysis.
