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Public Limited Company Registration in India

Public Limited Company Registration in India to Meet Capital Requirement via Unlimited Share Holders.

Minimum Three Directors & Seven Share Holders Required.

Public Company is Best Form of Entity with Top Credibility and Brand Value.

Register Public Limited Company in Just 4 Days

Start Public Limited Company in India

Public limited company is topest form of entity with highest brand value and credibility. Basically public limited company formation done under The Companies Act which governs the company’s affairs in  enhanced manner. Due to high governance and reporting manner investor prefers to put their money in public limited company. Thus, for listing of company’s share in stock exchange conversion in public limited company is compulsory.

Public limited company in india run by minimum three directors and must have minimum seven shareholder at every point of time. Shareholders are real owner of company with maximum powers. However, The maximum risk of shareholders limited to amount of shares subscribed.

Advantages & Disadvantages of Public Limited Company

  • Benefit of Unlimited Shareholders
  • General Public can be invited as shareholder
  • 100% Online process, No physical docuement required
  • Trust Worthy; Entity wise Top Brand value and credibility
  • Compliance and governance are highly standardised
  • Costly Compliance
  • Minimum 3 Directors Required

Minimum Requirement and Compliance

  • Minimum initial share capital subscription is rupees five lakhs
  • Three directors required (at least one Indian director required)
  • Minimum seven shareholder required
  • Compulsory to appoint auditor & statutory audit is mandatory
  • One AGM and four board meeting must be carried out in year.
  • All the compliance return must be submitted.

Required Documents for Limited Company Registration

  • PAN Card of Directors (3 Directors Minimum)
  • Identity proof of Directors (Voter card/ Passport / Driving License etc)
  • Address Proof of Directors/Member (Utility Bill/ Bank Statement)
  • DSC; Digital Signature of Directors
  • Proposed Name of Company (Ends with "Limited" word)
  • Brief Object / Activity of the Proposed Company
  • Address Proof for Company Registered Office (Utility Bill & NOC)
  • (In case of Foreign Director) Document Must be Notarised & Apostle

Steps of Incorporation of Public Limited Company in India

  • Name and Brief object of Proposed Company

    Firstly, Public Limited Formation starts with decision of name of company. Name must be unique and it must be according to guidelines of company name. further name should match with companies proposed object/activity. However, Name must be ends with word "Limited".

  • Application for Reservation of Name of Proposed Public Limited Company to MCA

    Secondly, We need to reserve our proposed company name, for that we need to file application of name to MCA-ROC. Once we obtain name from ROC we can start incorporation process.

  • Obtaining DIN & Digital Signature of Director(s)

    Thirdly, We need to obtain Digital Signature (DSC) of all directors for the purpose of signing of forms & MOA-AOA. Also Application for DIN must be filed to ROC for unique Directorship Identification Number.

  • Preparation of MOA & AOA; Prospectus

    Preparation of Memorandum of Association & Article of Association for the company. MOA & AOA decides company internal structure and rules within which directors will act.

  • Submission of Company Registration Application with Required Document to ROC

    Once Preparation of MOA & AOA completes we need to submit to ROC with required document for directors. Such application includes application for PAN, TAN, IEC, PF, ESIC, GST and Bank Account. All Document must be signed by directors and one professional CA/CMA/CS.

  • ROC will Approve Public Limited Company Incorporation

    Within 3 Days of filing of required document ROC will grant Certificate of Incorporation (CIN) with PAN, TAN of Company. Further ROC will forward all other application to respective department for issuance of PF, ESIC, GST, IEC and Bank Account.

Frequently Asked Questions on Public Limited Company

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.