Education: B.Tech from TIER-3 college
Years of Experience: ~2 years
Current Experience: Unicorn Startup
Current CTC :- 8 LPA(fixed)
Date of the Offer: 25th August 2021
Company: Zeta Suite
Title/Level: SDE2 - Frontend
Location: Bangalore
Salary: INR 28,00,000
Signing Bonus: INR 3,00,000 first year. INR 3,00,000 second year.
Stock bonus: 19,000 usd over 4 years (10, 20, 30, 40)
Total comp (Salary + Bonus + Stock): INR 32,50,000 first year
Benefits: Standard zeta benefits
Had an offer of 25,00,000

Would love to get advice from you guys if this is lowballed? How should I negotiate ?