Legal ADDA

Public Limited Company Registration Consultant

Are you looking for a Public Limited Company Registration Consultant in Ahmedabad, India? Legal Adda is the best consultant for Public Company Registration in Gujarat, India.

Here, you can explore the rules of a Public Limited Company, its benefits, minimum criteria requirements, document checklist for registration, registration process, compliance requirements, and associated charges.

A Public Limited Company is a highly credible entity with the highest governance structure in India. Connect with us now to start a new Public Limited Company registration or convert a Private Limited Company into a Public Limited Company.

Looking For Public Limited Company Incorporation Consultant?

Public Limited Company Incorporation in India

Are you planning to form a new company in India? Legal ADDA is the best Public Limited Company Registration Consultant in Ahmedabad, providing expert online services for company formation across India.

A Public Limited Company is a unique entity with high brand value and credibility. It is incorporated under the Companies Act, ensuring strict governance and compliance. Due to its transparent reporting structure, investors prefer investing in Public Limited Companies. Additionally, conversion of a Private Limited Company into a Public Limited Company is mandatory for listing shares on the stock exchange.

A Public Limited Company in India requires a minimum of three directors and seven shareholders at all times. Shareholders are the real owners, with limited liability restricted to their shareholding amount.

If you are looking for seamless Public Limited Company registration or want to Convert a Private Limited Company into a Public Limited Company, Legal ADDA is your trusted partner. Contact us today for expert assistance!

Minimum Requirement for Incorporation of a Public Limited Company?

  1. Minimum Share Capital – The initial share capital subscription must be at least ₹5 lakhs.
  2. Directors – A minimum of three directors is required, with at least one being an Indian resident.
  3. Shareholders – A minimum of seven shareholders is required.
  4. Auditor Appointment & Statutory Audit – Appointing an auditor is compulsory, and conducting a statutory audit is mandatory.
  5. Meetings – The company must hold at least one Annual General Meeting (AGM) and four Board Meetings per year.
  6. Compliance & Returns – All required compliance filings and returns must be submitted on time.

What are the advantages of registering a public limited company?

Benefits of Public Limited Company Registration Compared to Other Business Entity Forms:

  • Online Process and Quick Registration – Simplified and fast online registration process.
  • Unlimited Shareholders – No restriction on the number of shareholders.
  • Public Shareholding – The general public can be invited to invest as shareholders.
  • High Brand Value and Credibility – Enhances the company’s reputation and trustworthiness.
  • Trustworthy Governance Structure – Well-regulated and transparent management system.

What are the Documents required for Public Limited Company Registration?

  1. PAN Card of Directors & Shareholders (Minimum of 3 directors)
  2. Identity Proof of Directors & Shareholders (Voter ID, Passport, Driving License, etc.)
  3. Passport Size Photograph of Directors & Members
  4. Mobile No. and Email id of Directors
  5. Address Proof of Directors/Members (Utility Bill or Bank Statement)
  6. Brief Object/Activity of the Proposed Company
  7. Registered Office Address Proof (Utility Bill and No Objection Certificate – NOC)

Public Limited Registration Charges and Fees (Rs. 30,000/- All Inclusive)

Our Combo Package of Public Limited Company Registration Includes

  1. Company Registration Certificate (CIN)
  2. Government Fees of Registration
  3. MoA & AoA of Public Limited Company
  4. PAN Card of the Limited Company
  5. Director Identification Number (DIN) for each 3 director
  6. Digital Signature Certificate (DSC) for 3 directors
  7. Formats of Board Resolutions for 1 Year (Free)
  8. PF-ESIC Registration
  9. TAN of the Company
  10. MSME Registration for Company
  11. Bank Account of the Company
  12. MCA Filing of Business Commencement (INC-20A)
  13. ADT-1 Auditor Appointment (CA for Statutory Audit)

(The quoted package includes company incorporation with three directors and seven shareholders. Stamp duty on authorized capital will be charged separately.)

How to Start Public Limited Company in India (Complete Online Process 5-7 Days)

Step 1: Name and Brief object of Proposed Company

Firstly, the formation of a Public Limited Company begins with the decision on the company’s name. The name must be unique and comply with the guidelines for company names. Additionally, it should align with the company’s proposed objectives or activities. However, the name must end with the word “Limited.”

Step 2: Application for Name of Proposed Public Limited Company

Secondly, we need to reserve the proposed company name by filing an application with the MCA-ROC. Once the ROC approves the name, we can proceed with the incorporation process.

Step 3: Obtaining DIN & Digital Signature of Director(s) (Min 3 Director)

Thirdly, we need to obtain a Digital Signature Certificate (DSC) for all directors to sign forms, as well as the Memorandum of Association (MOA) and Articles of Association (AOA). Additionally, an application for a Director Identification Number (DIN) must be filed with the ROC to obtain a unique identification number for each director.

Step 4: Preparation of MOA & AOA; Prospectus

The Memorandum of Association (MOA) and Articles of Association (AOA) must be prepared for the company. The MOA defines the company’s objectives and scope of operations, while the AOA outlines the internal structure and rules governing the actions of the directors.

Step 5: Submission of Public Company Registration Application to ROC

Once the preparation of the MOA and AOA is completed, they must be submitted to the ROC along with the required documents for the directors. This application also includes requests for PAN, TAN, IEC, PF, ESIC, GST, and a bank account. All documents must be duly signed by the directors and certified by a professional, such as a CA, CMA, or CS.

Step 6: ROC will Approve Public Limited Company Incorporation

Within three to five days of filing the required documents, the ROC will grant the Certificate of Incorporation (CIN) along with the PAN and TAN of the company. Additionally, the ROC will forward all other applications to the respective departments for the issuance of PF, ESIC, GST, IEC, and the bank account.

Process & Criteria for Converting a Private Limited Company into a Public Limited
  1. Minimum Shareholders – The company must have at least 7 shareholders.
  2. Minimum Directors – A minimum of 3 directors is required.
  3. Name Change Requirement – The company’s name must be updated to include “Limited” at the end.
  4. Alteration of MOA & AOA – The Memorandum of Association (MOA) and Articles of Association (AOA) must be modified to comply with Public Limited Company norms.
  5. Special Resolution Approval – A Special Resolution must be passed in a general meeting to approve the conversion.
  6. Approval from ROC (Registrar of Companies) – The company must file necessary forms and obtain approval from the Registrar of Companies (ROC).
  7. Increase in Compliance Obligations – The company must comply with statutory audits, board meetings, annual general meetings (AGMs), and financial disclosures.
  8. Filing of Forms with MCA – Required forms such as MGT-14 and INC-27 must be submitted to the Ministry of Corporate Affairs (MCA).
  9. Public Fundraising Eligibility – A Public Limited Company can raise funds from the public and list its shares on the stock exchange (if desired).

For a seamless Private Limited to Public Limited Company conversion, consult Legal ADDA for expert guidance.

Public Limited Registration Consultant Near You

Consultant Name: Legal Adda

Serving Locations: Across India, All States, Ahmedaba Gujarat Based.

Consultant Contact No.: 9726365800 | 9726365804

Email: office@legaladda.com

Services: Public Limited Company Registration | Conversion of Pvt Ltd Company in to Public Limited | Company Formation Consolidated Package etc.

Public Limited Company Registration: Download Quote
FAQ's Public Limited Company Formations & Conversion

Due to Government restriction on corporate affairs makes public limited company more reliable to invest.

Minimum Seven (7) Share holder Required.

Other than Additional Director, all other director appointment done by Share holder of Company through the AGM/EGM.

Rs. 18000/- is total Inclusive Charges for Public Limited Company Registration in Ahmedabad (Gujarat & India)