A net worth certificate for a tender is a practising CA's signed statement of the bidder's net worth as on a balance sheet date, in the format the tender document (NIT) prescribes, with a UDIN the buyer can verify. The figure is worked out on the tender's own definition — usually paid-up capital plus reserves, less accumulated losses and intangibles. We issue it for GeM, CPP and state e-procurement bids, CA-signed and ready to upload.
Read the eligibility clause first. Most tender documents define net worth themselves, and where they do, that definition is the one the certificate follows. For a company, the usual reference is Section 2(57) of the Companies Act, 2013: paid-up share capital, plus reserves created out of profits and securities premium, less accumulated losses, deferred expenditure and miscellaneous expenditure not written off, as per the audited balance sheet. Revaluation reserves, write-back of depreciation and amalgamation reserves are excluded.
| Bidder | Net worth is | Taken from |
|---|---|---|
| Company | Paid-up capital + reserves from profits + securities premium − accumulated losses − deferred and miscellaneous expenditure not written off | Audited balance sheet |
| LLP | Partners' contribution + accumulated profits − accumulated losses | Audited or certified statement of accounts |
| Partnership firm | Partners' capital and current accounts − losses and intangibles | Balance sheet filed with the ITR |
| Proprietorship | Proprietor's capital in the business − losses and intangibles | Balance sheet filed with the ITR |
| Consortium or JV | As the tender specifies — lead member alone, or each member in proportion | Each member's certificate |
A private limited company bids for a civil works tender whose NIT asks for positive net worth of at least ₹1,00,00,000 as per the last audited balance sheet, calculated under Section 2(57).
| Balance sheet item (31 March 2026) | Amount | Treatment |
|---|---|---|
| Paid-up share capital | ₹50,00,000 | Included |
| General reserve and retained earnings | ₹62,00,000 | Included |
| Securities premium | ₹10,00,000 | Included |
| Revaluation reserve on land | ₹40,00,000 | Excluded |
| Preliminary expenses not written off | ₹3,00,000 | Deducted |
| Net worth for the tender | ₹1,19,00,000 | Meets the ₹1 crore criterion |
Illustrative figures. Had the revaluation reserve been counted, the certificate would have shown ₹1.59 crore — a figure that falls apart the moment an evaluator compares it with the balance sheet.
Tenders often ask for more than one financial certificate, and they answer different questions. Order the ones your NIT names, in its formats.
| Certificate | What it shows | Who issues it |
|---|---|---|
| Net worth certificate | What the bidder owns minus what it owes, as at a date | Practising CA, with UDIN |
| Turnover certificate | Annual or average turnover over the years the tender specifies | Practising CA, with UDIN |
| Solvency certificate | That the bidder can meet obligations up to a stated amount | Usually a bank, sometimes a CA if the tender allows |
Where the tender annexes its own format, that format is used word for word. Where it does not, the certificate carries the elements below. There is no government-prescribed format for a net worth certificate; the ICAI Guidance Note on Reports or Certificates for Special Purposes governs how the CA words and qualifies it.
| Element | What it shows |
|---|---|
| Addressee and reference | The tendering authority, the tender or NIT number and the name of work |
| Bidder | Legal name, constitution (company, LLP, firm, proprietorship), PAN, GSTIN and registered address |
| Basis and date | "As per the audited balance sheet as at 31 March 2026" — or the year the NIT asks for |
| Computation | Capital, reserves, deductions for losses and intangibles, line by line, ending in the net worth figure |
| Definition used | The tender's own definition, or Section 2(57) of the Companies Act for a company |
| Sign-off | CA's signature, name, membership number, firm registration number, place, date and UDIN |
Need the bank-loan version instead? See the net worth certificate for working capital. The net worth certificate guide covers every purpose, and the format and sample template shows what a finished certificate contains. Bidding as a small enterprise? Udyam registration is often asked for alongside it.
Pick the speed and depth that matches your need. Same quality, same CA team — only the timeline changes.
Timeline: 24 to 72 hours
Timeline: 24 to 72 hours
Timeline: 5–7 days
Government fee — paid by you at actuals
None. A net worth certificate carries no government or statutory fee — it is issued by a practising Chartered Accountant under ICAI guidance and carries a UDIN, so the entire cost is the professional fee above. Any provider adding a "government fee" to a net worth certificate is padding the quote.
Every price above is a professional fee, excluding GST and government charges. 50% upfront, 50% on delivery.
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.
PAN, GST, ITR (3 years), audited financials, bank statements, tender NIT, work experience.
CA verifies all assets, ITRs, audited financials. Net worth = (paid-up capital + reserves) - intangible assets (most tenders).
CA-signed certificate in tender-accepted format, with UDIN. Includes tender ID + work experience.
Tell us your requirement, a CA will call you in 30 minutes.
Each tender (GeM, CPP, state portal, PSU) has specific format requirements. We follow them strictly. Many tenders use specific "Bidder's Net Worth" certificate format.
Most tenders define net worth as (paid-up capital + reserves) - (intangible assets + accumulated losses). We follow the tender-specific definition.
A net worth certificate has no statutory validity period. It speaks as at a balance sheet date, and the tender sets which year and how recent the certificate must be. We date it to match the NIT and issue it close to your bid date.
Tender typically also requires work experience (similar work done in last 3–7 years) + average annual turnover. We include all supporting documents.
