Company Registration - Public Limited
Get your Public Limited Company Registration in Easy and Simple steps
Public Limited Company Registration in India | Transparent & Lowest Pricing
Get relaxed! Keep planning for your business growth & let India’s recommended team of CA/CS register your Public Limited Company with extended assistance on Documentation, Preparation, Filing and subsequent Follow-ups with ROC & the MCA
Requirements for Public Limited Company Registration
- At least 7 Members on-board
- Minimum 3 Directors, one of them must be a resident of India
- The Directors and the Shareholder can be the same individual
- Minimum Authorized Capital Rs. 5,00,000
- DIN of all the directors
- DSC of all the Directors
- Address of the Company’s registered office
Identity Proof (Aadhaar / Voter ID card, Driving License) of all the designated Directors and Shareholders
Address-proof of the Directors and Shareholders
Directors’ and Shareholders’ PAN Card details
Residential proof of the registeredBusiness Address (Telephone / Gas / Water / Electricity bill which should not be older than 2 months)
An NOC or No Objection Certificate from the of the business place’s owner
Company’s Memorandum of Association & Article of Association
Benefits of Registering a Public Limited Company
In a Public Limited Company, the accountability of the Shareholders and Directors is limited according to the amount of the shares they own in the organization. For instance, if the public limited company face any financial emergencies,the personal assets of the shareholders will not be affected as per the regulations.
Listing in the Stock Exchange
Unlike a Private Limited organization, Public Limited companies can list themselves to the IPO (Indian Public Offerings) and the popular Stock Exchanges. This leads to several business-related benefits and opportunities.
Simple Transferability of Shares
Following the regulations of the Companies Act, 2013, the shares of a Public Limited company can be transferred without any hassle. Added on that, being listed in the Stock Exchange andtransferability feature, people are always willing to invest leading to financial aids for the same.
Cautious on Business Transparency
As a Public Limited company involves public interaction and involvement in all the stages, the organization always looks for clarity in the business operation by publishing the Audit Credentials, Statutory Reports to its people.
Upholds the Brand Position in Marketplace
It is always beneficial for an organization while being registered as a Public Limited company. Being listed in the Stock Exchange and publishing the reports to its people enhances its Brand Image and reputation in the market.
|Topics||Public Limited Company||Private Limited Company|
|Members / Shareholders||Minimum: 7 Maximum: No Limit||Minimum: 2 Maximum: 200|
|Directors||Minimum: 3||Minimum: 2|
|Issuance Of Prospectus||Required||Not Required|
|Name Variances||Must have ‘Limited’ at the end of its name||Must have PVT. LTD. at the end of its name|
|Mandatory Statutory Meeting||Yes||No|
|Managerial Remunerations||There are no as such restrictions||Cannot exceed the limit of 11% of its net profit|
|Stock Exchange||Can be enlisted in the stock exchange & conduct the Stock Trade publicly as per the Director’s preferences||Not listed on stock exchange neither carry out stock trade publicly|