If you’re contemplating establishing a public limited company (Public Limited Company) in India, it’s essential to recognize that this type of company enables publicly traded shares, allowing for broad investment participation. However, it entails more regulatory obligations than other business structures and is typically recommended for larger, established enterprises with numerous staff members. Our proficient team can assist you throughout the entire Public Limited Company registration process, from crafting the memorandum of association to fulfilling all mandatory formalities with the Registrar of Companies. We can guarantee that your Public Limited Company registration is conducted efficiently and in accordance with all legal stipulations.
Commencing a limited company necessitates a minimum of 3 directors and 7 shareholders, with no upper limit on shareholders. Moreover, foreign nationals are permitted to act as directors and shareholders, rendering it an appealing option for foreign entrepreneurs initiating businesses in India. It’s important to highlight that numerous business proprietors opt to establish a private limited company initially, then transition it into a public limited company as the business expands.
Public Limited Company Is Registered In 4 Easy Steps.
Obtain digital signature of directors
Obtain DIN no. of directors
Company Name Approval
Incorporation Certificate
The company name is displayed as a Public Limited Company.
Upon registration as a Public limited company, the business obtains legitimate company status and authorization to operate in both India and overseas. This business structure offers optimal safeguarding of the personal assets belonging to the founders, directors, and shareholders, limiting their liability for the company’s debts and responsibilities. This type of company formation is advised for startups, technology firms, construction companies, consulting firms, and large corporations.
In addition to the privileges of a private limited company, a public limited company has the option to become publicly traded, issue shares on the stock market, and raise capital.
The following are the main features of a public limited company:
Director’s documents for private limited company registration:
Documents required for the registered office:
In case shareholder is a person:
In case shareholder is corporate body:
All documents must be self-certified and submitted in digital format.
A Public Limited Company is a type of business entity where shares can be freely traded on the stock exchange, allowing the general public to invest in the company.
A Public Limited Company must have a minimum of three directors. However, there is no maximum limit on the number of directors.
A Public Limited Company must have a minimum of seven shareholders. There is no maximum limit on the number of shareholders.
There is no minimum capital requirement for a Public Limited Company.
Yes, foreign nationals can invest in a Public Limited Company as shareholders.
Public Limited Companies have more compliance requirements compared to other business structures. They must conduct regular general meetings, file annual returns, and maintain proper accounting records.
The registration process for a Public Limited Company typically takes around 20-30 days, subject to the completion of all necessary documentation and approvals.
Registering as a Public Limited Company provides access to a wider pool of capital through the issuance of shares to the public. It also enhances the company’s credibility and reputation in the market.
Yes, a Public Limited Company can be converted into a Private Limited Company subject to compliance with the Companies Act and approval from the Registrar of Companies.
No, it is not mandatory for a Public Limited Company to be listed on the stock exchange. However, listing provides liquidity to shareholders and enhances the company’s visibility in the market.
No, it is not mandatory for a Public Limited Company to be listed on the stock exchange. However, listing provides liquidity to shareholders and enhances the company’s visibility in the market.