About Vraj Changani.
Chartered Accountant. Managing Partner at DRSPV & Associates. Mumbai.
I'm Vraj Changani — Vrajkishor R. Changani, known online as Unstoppable VK. A Chartered Accountant based in Mumbai, I focus on two things: taking SMEs and mid-market companies public, and consulting with founders from incorporation to Series B. Managing Partner at DRSPV & Associates, where I lead the IPO consultancy and startup advisory practice.
IPO advisory is the core of what I do. SME IPO on BSE and NSE Emerge, mainboard listings on the main exchanges — DRHP drafting, SEBI ICDR compliance, merchant banker coordination, and the 12-to-18-month roadmap that turns a promoter-driven SME into a listed company. The startup consultancy runs parallel — incorporating right, raising right, and keeping the cap table clean enough that a future IPO is still on the table five years out.
A growing part of the practice is cross-border setup. We handle US (Delaware C-Corp and LLC), UK (Companies House Ltd), Dubai / UAE (DMCC, IFZA, DIFC, ADGM freezones and mainland), and Singapore incorporations for Indian founders — end-to-end, including the ongoing FEMA, ODI, RBI, Companies House, IRS, and UAE corporate-tax compliance that most founders underestimate until they trip over it.
Everything else — tax structuring, audit, valuation, virtual CFO — is in service of those engagements. Finance, cleanly executed, so the company actually reaches the exchanges.
The journey so far
DRSPV founded
Joined DRSPV & Associates as a founding partner — a practice built on the thesis that institutional-grade rigour shouldn't be reserved for the biggest players.
Crossing borders
First NRI and international engagements. Practice expanded to India ↔ UAE, USA, UK, Australia — building a cross-border advisory muscle.
Scale without shortcuts
Crossed 500+ clients. Deepened the capital markets and IPO advisory practice. Took on first SME IPO mandates. Never compromised the standard.
The personal side
Launched unstoppablevk.com — where I work one-on-one with founders who need strategy, not templates. The firm is the machine; this is the desk.
What I do
SME & Mainboard IPO Advisory
End-to-end IPO consultancy — BSE SME, NSE Emerge, and mainboard listings. DRHP drafting, SEBI ICDR compliance, merchant banker coordination, valuation and the 18-month roadmap from first board memo to listing day.
Startup Consultancy
Full-stack consultancy for founders from incorporation to Series B — entity structure, DPIIT registration, pitch deck review, financial models that survive diligence, cap-table design, and investor readiness.
Fundraising & Capital Raising
From seed SAFEs to PE growth rounds — instrument selection, valuation, term sheet negotiation and investor introductions across angel, VC and PE networks. Pre-IPO placements included.
Capital Markets & SEBI Compliance
Ongoing SEBI LODR compliance, corporate governance and post-listing strategy for listed companies. QIP, rights issues, buybacks, delistings and takeovers when the next inflection demands it.
Tax Structuring & FEMA
Strategic tax architecture from incorporation onwards — angel tax, Section 80-IAC, ESOP planning, DTAA, transfer pricing and full FEMA compliance for Indian and NRI founders.
Virtual CFO & Strategic Finance
Monthly retainer CFO engagements for growth-stage companies — MIS, cash flow, board reporting, fundraise prep and the internal controls investors diligence at Series A.
Let's connect
The fastest way to get in touch is via email at vk@drspv.in. You can also find me on LinkedIn and X (Twitter). For firm-level engagements, visit drspv.in.