About the firm

Since 1982, the independent opinion behind India’s credit decisions.

Founded as a valuation and engineering practice, Kakode & Associates today stays with a credit through its entire life, from appraisal and construction to operations and exit. TEV, Lender’s Independent Engineer, Valuation and Chartered Engineer Certification, delivered by one in-house team.

Our story

Others offer valuation. We were built on it.

Anil B. Pai Kakode founded the practice in 1982 as a valuation and engineering firm, and became a Government Approved Valuer in 1988. In 2015, Ameet Pai Kakode incorporated Kakode Associates Consulting Private Limited and extended the practice into Techno-Economic Viability studies, Lender’s Independent Engineer mandates and Chartered Engineer Certification. IBBI registration followed in 2018, bringing insolvency and resolution valuations into the fold. Today, K&A works from offices across India and has completed assignments in seven countries outside India.

Every technical assessment is conducted and owned in-house, with no sub-contracted site visits and no borrowed engineering. That discipline is why clients have entrusted us with over ₹10 lakh crore of assets across more than 30,000 assignments.

Milestones

Milestones

  1. 1982

    Practice founded

    Anil B. Pai Kakode establishes the valuation and engineering practice in Mumbai.

  2. 1988

    Government Approved Valuer

    Anil B. Pai Kakode is registered as a Government Approved Valuer, setting the standard for the firm’s loan-security valuations.

  3. 2015

    Kakode Associates Consulting Pvt Ltd

    Incorporated by Ameet Pai Kakode. TEV, Lender’s Independent Engineer, Project Monitoring and Chartered Engineer Certification practices added.

  4. 2018

    IBBI registration

    Registered Valuer across Land & Building, Plant & Machinery, and Securities & Financial Assets; IBC valuation practice begins.

  5. 2021

    40th year, office network across India

    Regional offices in Pune, Ahmedabad, Hyderabad and Panaji bring the full lifecycle of TEV, LIE, valuation and CE work closer to clients.

  6. Today

    ₹10 lakh crore assessed

    30,000+ assignments, 30+ banks and financial institutions, 11 offices across India and assignments in seven countries outside India.

The team

30+ professionals, all in-house

8
IBBI Registered Valuers
15
Engineers
4
Chartered Accountants
1
ICA Registered Architect
10+
Construction & project-management specialists
11
Offices across India
7
Countries with completed assignments
50+
Years of combined founder experience

Leadership

Leadership team

Ameet Pai Kakode

Ameet Pai Kakode

Founder & CEO
Mumbai

20 years · B.E. · PGD Business Finance · CFA Level II

Priyanka Kantak

Priyanka Kantak

Chief Compliance Officer
Mumbai

20 years · LLB, LLM

Bhupesh Duggar

Bhupesh Duggar

CFO & Head of TEV & LIE
Mumbai

10 years · Chartered Accountant

Board of Advisors

Board of Advisors

Anil B. Pai Kakode

Anil B. Pai Kakode

Founder & Chairman
Mumbai

51 years · Govt. Approved Valuer · Fellow IOV · IBBI Registered Valuer

Ashok S. Akerkar

Ashok S. Akerkar

Architect & Valuer
Mumbai

41 years · ICA Registered Architect · Life Member PVAI

Credentials

Registrations, standards and empanelment

Registrations & standards

  • IBBI Registered Valuers: Land & Building, Plant & Machinery, Securities & Financial Assets
  • Government Approved Valuer since 1988 (Anil B. Pai Kakode)
  • Chartered Engineers (IEI) on staff
  • Reporting under IVS 2025 and ICAI Valuation Standards
  • Fellow, Institution of Valuers · Life Member, PVAI

Empanelled with 30+ banks and FIs

  • SBI · PNB · Bank of Baroda · Bank of India · Canara Bank · Union Bank · Bank of Maharashtra
  • ICICI · IDBI · IndusInd · Federal Bank · Saraswat
  • LIC · Tata Capital · Edelweiss ARC · ARCIL · Omkara ARC
  • HUDCO

Also worked for

  • Big Four firms in India
  • Brookfield · Blackstone · KKR
  • Abu Dhabi Investment Authority · Morgan Stanley
  • Mercedes-Benz Financial Services · ArcelorMittal Nippon Steel

Empanelled with

  • State Bank Of India
  • Canara Bank
  • Indian Bank
  • Punjab National Bank
  • NKGSB Bank
  • Axis Bank
  • SVC Co. Operative Bank Ltd.
  • Abhyudaya Co-Op Bank Ltd
  • TJSB BANK
  • UCO Bank
  • Union Bank of India - (South Zone)
  • Apna Sahakari Bank Ltd
  • Citizen Credit Co-Op. Bank Ltd
  • IDBI Bank
  • Federal Bank
  • Model Co-operative Bank
  • New India Co-operative Bank Ltd
  • Saraswat Co-operative Bank
  • Bank of India
  • Central Bank of India
  • DNS Bank
  • Bank of Baroda
  • Bank of Maharashtra
  • Bharat Co-operative Bank
  • Tata Capital Financial Services Ltd
  • Asset Reconstruction Co. Of India (ARCIL)
  • Manappuram Home Finance Ltd
  • Edelweiss
  • DHFL
  • National Housing Bank
  • Export-Import Bank
  • National Bank for Financing Infrastructure & Development
  • Industrial Infrastructure Finance Company
  • Small Industries Development Bank
  • LIC
  • D & B India
  • HUDCO

Presence

Offices across India

Mumbai headquarters at Dadar, with regional teams in Pune, Ahmedabad, Hyderabad, Panaji, Delhi NCR, Bengaluru, Chennai, Kochi and Kolkata. All our offices are in India; assignments have also been completed in the UAE, Oman, the USA, Ethiopia, Zambia, Uganda and Ghana.

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