OneClick Business Solutions

One Click Business Solutions is one of the leading legal firms in India, that is registered under the Companies Act, 2013 & our Corporate Identity Number is U74999DL2019PTC362211.

Make Your Public Limited Company Registration Quick & Easy

  • Accelerate your registration procedure.
  • Assist you in adhering to Indian legal requirements.
  • Keep you updated on any legal revisions.
  • Receive personalized assistance from a business specialist.

Starting from ₹ 15,000/-

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How To Register A Public Limited Company?

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.

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.

What Are The Requirements For Incorporating A Public Limited Company?

  • Unique name: When registering a public limited company, it’s essential to select an exclusive name for the intended company. You can verify the availability of company names using our online tools for company name searches.
  • Director: To serve as directors in the company, there must be a minimum of three individuals who are natural persons, aged 18 years or older. Additionally, at least one director must be a resident of India, having resided in the country for at least 182 days in the preceding financial year.
  • Shareholders: A minimum of 7 shareholders, who can be individuals or entities like Pvt. Ltd., public limited companies, HUFs, LLPs, section 8 companies, etc., are required for a public limited company. While it’s typical for directors to also hold shares during new company registration, directors and shareholders may be distinct entities within the company. It’s essential to define the percentage of shareholding for each shareholder.
  • Company objects: To initiate a Public limited company, it’s necessary to specify the business’s nature and the scope of activities it will engage in.
  • Registered office: When establishing a company in India, it’s mandatory for your business to possess an official address to receive all company-related communications. This registered office address will be listed on the incorporation certificate and made publicly accessible on the Ministry of Corporate Affairs website. Offices can be either owned or leased and can be situated in commercial or residential spaces. Your residence can serve as your company’s registered office address if desired.
  • Documents: The registration process for a public limited company is conducted online. You can easily scan or photograph the authenticated documents of directors, shareholders, and the registered office using your mobile phone and submit them to us. We’ll handle the rest of the process for you.

The Following Are The Main Advantages Of Registering A Public Limited Company:

  • Separate Legal Entity: A Public limited company is regarded as a legal entity, capable of acquiring, possessing, benefiting from, and transferring assets in its own name. These assets may include both tangible and intangible properties such as trademarks, machinery, buildings, residential properties, factories, etc. Shareholders do not have the right to stake a claim on the company’s assets.
  • Limited Liability: As a distinct legal entity from its members, a Public limited company offers limited liability to its members for the company’s debts. This structure ensures optimal protection for personal assets, as founders, directors, and shareholders typically bear no responsibility for the company’s debts and obligations.
  • Easy Raising Capital: A Public limited company enjoys improved access to capital from current investors and financial institutions. It has the authority to release both secured and unsecured debentures, along with the ability to generate equity funding by issuing shares to the public. With the option to sell shares to the public, allowing anyone to invest, the potential capital raised is often significantly greater compared to a private limited company.
  • Liquidity: The business’s shares can be transferred without restrictions, offering increased liquidity to its shareholders. Shareholders can readily purchase and sell shares, particularly if the company is listed on the stock exchange.
  • Uninterrupted Existence: Following its establishment, a Public limited company exists indefinitely unless it undergoes liquidation. Transfer of ownership is facilitated with ease.
  • High Recognition: Due to their transparency and adherence to compliance standards, Public limited companies are widely esteemed in the business world, boasting a strong reputation within international business circles.
  • Risk Mitigation: Providing shares to the public enables the company to distribute its risk among numerous shareholders. This arrangement may enable initial investors to sell some of their shares for profit while preserving a significant ownership portion. Securing capital from a diverse pool of investors offers distinct benefits compared to depending on a select few “angel investors.”
  • Transparency: A public limited company must hold routine general meetings and maintain regular accounting updates, showcasing accountability. This practice ensures shareholders are informed about the performance of their shares. Additionally, public limited companies are obligated to undergo audits conducted by auditors.

What Are The Advantages Of Registering A Public Ltd. Company Instead Of A Private Ltd. Company?

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:

  • A public limited company has the ability to raise a substantial amount of capital, exceeding the funds typically raised by a private limited company.
  • It is legally permitted to trade shares on stock exchanges.
  • There is no restriction on the number of shareholders in a public limited company.
  • Shareholders of a public limited company bear limited liability, extending only to the value of the shares they hold, and are not required to engage in the daily management of the company’s operations.
  • Shareholders of a listed public limited company can freely transfer their shares without requiring anyone’s consent.

What Are The Documents Required For Public Limited Company Registration?

Director’s documents for private limited company registration:

  • Photograph of passport size
  • Photocopy of PAN card
  • Copy of passport, driver’s license, or voter ID
  • Proof of address (electricity, telephone, or mobile bill / bank statement)

Documents required for the registered office:

  • Recent electricity, mobile, or telephone bill (for business location)
  • Rental agreement copy (if property is rented)
  • Property ownership documents (if property is owned)
  • Landlord No Objection Certificate (NOC) template will be supplied

Which Documents Of Shareholders Are Required In Case When Directors & Shareholders Are Different?

In case shareholder is a person:

  • Pan card copy
  • Copy of passport, driver’s license, or voter ID card
  • Shareholders’ residency proof (electricity, phone, or mobile bill, bank statement)

In case shareholder is corporate body:

  • Certificate of registration
  • Copy of PAN card
  • Form INC-22 and payment receipt if the address differs from the registration certificate.

All documents must be self-certified and submitted in digital format.

FAQs - Public Limited Company Registration

What is a Public Limited Company?

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.

How many directors are required for a Public Limited Company?

A Public Limited Company must have a minimum of three directors. However, there is no maximum limit on the number of directors.

How many shareholders are required for a Public Limited Company?

A Public Limited Company must have a minimum of seven shareholders. There is no maximum limit on the number of shareholders.

What is the minimum capital requirement for a Public Limited Company?

There is no minimum capital requirement for a Public Limited Company.

Can foreign nationals invest in a Public Limited Company?

Yes, foreign nationals can invest in a Public Limited Company as shareholders.

What are the compliance requirements for a Public Limited Company?

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.

How long does it take to register a Public Limited Company?

The registration process for a Public Limited Company typically takes around 20-30 days, subject to the completion of all necessary documentation and approvals.

What are the benefits of registering as a Public Limited Company?

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.

Can a Public Limited Company be converted into a Private Limited Company?

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.

Is it mandatory for a Public Limited Company to be listed on the stock exchange?

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.

Is it mandatory for a Public Limited Company to be listed on the stock exchange?

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.

Starting from ₹ 15,000/-