Incorporation of Public Limited Company in India

Ideal if your business is Large and Planning for Public Issue

Can Raise Large Capital by issuing share, List with Stock Exchanges in India
Minimum 3 Directors and 7 Members/Shareholders required.
Incorporation in 2 days | Include Share Certificate, MOA/AOA, DSC, DIN, PAN & TAN, etc.
Our Fee starts @ Rs 20,000/-

Public Limited Company

Public limited company formation is almost similar to a private limited company except minimum requirement of directors and members are 3 and 7 respectively.

A limited company grants limited liability to its owners and management. Being a public company allows a firm to sell shares to investors this is beneficial in raising capital

Entrepreuner prefer to incorporate Public Limited company becasue of its many advantages, for example -

Can raise fund by issue of share to public.
Option to get listed in recognised stock exchanges in India and issue IPO
Shares are freely transferable without any restriction
There is no limitations of no. of member/shareholders

But, a Public limited company has to do few additional ROC compliances and core compliances with Stock exchange and SEBI, if it is listed. Hence the Compliance cost is higher as compare to a Private limited company.

Features of a Private Limited Company (PLC)

Minimum 3 Directors & Maximum 15.
No limitation for number of Members/shareholders
Can raise fund from public by issuing share subject to compliance of other provisions of the Act
All the Public companies to use the word limited after its name
Prospectus– Prospectus is a detailed statement of the company affairs which is issued by a company for its public. Thus, in the case of Public limited company, there is a need to issue a prospectus. However, in case of Private limited Companies, public
All other features of a Private Limited Company Shall apply here as well.

Documents Requirement for Public Limited Company

Photographs of all Proposed Shareholders & Directors
PAN card Copy of all Proposed Shareholders & Directors
ID Proof - Driving License / Voter ID / Passport (anyone) of all Proposed Shareholders & Directors
Address Proof - Bank Statement / Telephone or Mobile or Electricity Bill (not more than 30 days old) of all Proposed Shareholders & Directors
Email ID and Mobile Numbers of all Proposed Shareholders & Directors
Aadhar card ( Optional )
Proposed Company Registered Office Address Proof - Telephone or Mobile or Electricity Bill (not more than 30 days old) + NOC from property owner
DIN ( Optional - In case any proposed director already have Active DIN)

Professional Fees

Public Co. Option 1

Authorised Capital upto Rs 10 Lakh and upto 4 Director and 7shareholder

Rs. 20000

Public Co. Option 2

Authorised Capital upto Rs 10 Lakh and upto 5 Director and 20 shareholder

Rs. 30000

Public Co. Option 3

Authorised Capital more than Rs 10 Lakh

Customise Fee

The above fee for selected states only. in Few States Stamp Duty payable extra as per actual.

Our Service Coverage

After Company incorporation, you will receive below documents

Company Certificate of Incorporation
Memorandum of Association & Article of Association (MOA & AOA)
PAN Card and TAN Allotment
EPF & ESI Registration
Digital Signatures (Class 2)
Directors Identification Number (DIN)
Assist in Bank A/c Opening
Professional Tax Registration ( in Maharastra Only)
GST Registration (Optional)

Pre-requisite for Company Incorporation

Proposed Company name must be unique. The suggested name should not match or identical with any existing companies or trademarks in India. # We help here to choose name.
All Proposed Directors must have Active DIN
Digital Signature for proposed Directors/Shareholders
Decide Paid-up Share Capital and share % between Shareholders
Decide Authorised Share Capital. ROC Fee & Stamp duty based on Authorised Capital. Low Capital - Less Govt Fee.
Decide Company Registration State and Office address
Decide Bank Authorised Signatory and Bank name to open your account (ICICI, BOb, Kotak, PNB)

What are the various Compliances you need to do post incorporation of a Public Limited Company

Apart from other statutory compliances like GST, InCome Tax, etc., A Public limited company must comply below without any delay.

File Commencement of Business (COB) e-form INC 20A within 180 days of incorporation.
Appointment of an Statutory Auditor ( Practicing Chartered accountant) for Auditing Books of accounts and issue audited Annual Financial Statement.
Filling of ROC Annual Forms
Filing of Director e-KYC

IF the Company is listed in recognosed stock exchange, then need to company listing agreement provisions, and all other compliances of SEBI, Stock Echanges, and ROC.

Why you may need Public Limited Company?

Easy to Raise Capital

Raising capital is much easier for a public limited company through public subscription as well as stock market (if listed)

Lower risk

As the number of shareholders is quite large, the risk borne by each shareholder is considerably low.

Limited Liability

Directors and Shareholders have no personal liabilities. Limited Liability protects the personal wealth of the shareholders and directors therefore owners will never lose more that they have invested.

Brand Recognition

A public company can get its shares listed in a stock exchange therefore; people will be able to easily and quickly recognize the brand or name of the company. The more brand recognition a company has, the more business it will have.

Democratic Management

Management of the company is not confined to few persons. Shareholders have powers to elect and remove directors and they can exercise control over management in general meetings of the company.

Incorporation of Public Limited Company in India

How to take our professional service

Take Consultation

Post requirement

Get a Proposal

Pay Fee & Take Service

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