What is a Public Limited Company?
A Public Limited Company is a business entity that offers shares to the general public and is listed on a stock exchange. Unlike private companies, it allows for unlimited shareholder investment, making it ideal for businesses aiming for large-scale operations.
Differences Between Public Limited & Private Limited Company
|
Feature |
Public Limited Company |
Private Limited Company |
|
Minimum Members |
7 |
2 |
|
Maximum Members |
Unlimited |
200 |
|
Shares Transferability |
Freely transferable |
Restricted |
|
Stock Exchange Listing |
Mandatory |
Not required |
|
Legal Compliance |
High |
Moderate |
Why Register a Public Limited Company?
✔️ Access to Capital via Public Investment
✔️ Limited Liability for Shareholders
✔️ Higher Business Credibility & Transparency
✔️ Easy Share Transferability
✔️ Growth & Expansion Opportunities
Who is Eligible for Public Limited Company Registration?
• Minimum 7 shareholders and 3 directors
• One director must be an Indian resident
• Must have a registered office address in India
• Must issue a prospectus for public investment
Documents Required for Public Limited Company Registration
✅ PAN & Aadhaar Card of all directors and shareholders
✅ Digital Signature Certificate (DSC)
✅ Director Identification Number (DIN)
✅ Memorandum of Association (MoA) & Articles of Association (AoA)
✅ Registered Business Address Proof
✅ Bank Account Details & Shareholders’ Agreement
Step-by-Step Public Limited Company Registration Process
Step 1: Obtain Digital Signature Certificate (DSC)
• Required for online filing of company registration forms.
Step 2: Apply for Director Identification Number (DIN)
• Each director must obtain a DIN via the MCA portal.
Step 3: Name Approval through MCA
• Choose a unique company name and get approval via RUN (Reserve Unique Name) service.
Step 4: File Incorporation Documents (SPICe+ Form)
• Submit MoA, AoA, PAN & TAN applications.
Step 5: Obtain Certificate of Incorporation (COI)
• Once approved, the company receives a Corporate Identity Number (CIN) and can start operations.
Public Limited Company Registration Fees in India
|
Service |
Govt Fees (₹) |
Processing Time |
|
Public Limited Registration |
₹10,000 - ₹50,000 |
15-20 Days |
|
DSC & DIN |
₹1,500 - ₹2,500 |
2-3 Days |
|
Name Approval |
₹1,000 |
2-3 Days |
How to Check Public Limited Company Registration Status?
You can check your company registration status on the MCA Portal by entering your CIN (Corporate Identity Number).
FAQs on Public Limited Company Registration
What is the minimum number of members required for a Public Limited Company?
A Public Limited Company requires a minimum of 7 members and 3 directors.
How long does Public Limited Company registration take?
It typically takes 15-20 business days, depending on document verification and approvals.
Can I register a Public Limited Company online?
Yes, the entire process can be completed online via the MCA Portal.
Do Public Limited Companies require a stock exchange listing?
Yes, they must be listed on a recognized stock exchange to offer shares to the public.
Get Expert Assistance for Public Limited Company Registration Start your Public Limited Company hassle-free with expert legal guidance from NG & Associates. Contact us today!
Educate businesses on Public Limited Company registration, ensuring legal compliance and access to public funding with expert assistance from NG & Associates.
Blog Comments (0)
Leave a Reply
Categories
Recent Post
