Public Limited Company

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A Public Limited Company registration in India is the best suitable business structure for entrepreneurs who are planning for large-scale business operations.

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    A Public Limited Company registration in India is the best suitable business structure for entrepreneurs who are planning for large-scale business operations. To register a Public Limited Company in India there should be a minimum of seven members and there is no limit on the maximum number of members/shareholders for starting a Public Limited Company.

    A Public Limited Company in India enjoys all the privileges of a corporate entity together with the features of Limited Liability. A public limited company gets listed with the stock exchange to raise capital from the general public. Hence, the Public Limited Companies have to comply with multiple regulations of the government and start a Public Limited Company.

    A Public Limited Company that is registered under the provisions that are prescribed under the Companies Act,2013. The member of a Limited Company registered in India enjoys the features of Limited Liability and this type of entity is also allowed to raise capital from the public by the issuance of shares.

    Also, the rules and the regulations of a Public Limited Company are more rigid and strict in comparison to the Private Limited Company. Still, it is better to incorporate a Public Limited Company as it provides the benefits of a Private Limited Company with features such as easy transferability and ownership of shares.

    Features that make a Public Limited Company Different from Private Limited Company:

    • Shares offered by a public Ltd. Co. are easily transferable to any other person, such that it merely requires filing and signing of share transfer form to transfer the shares.
    • A Public Ltd. Co. is the highest corporate structure to start with.
    • In Public Limited Company shareholders have a claim to part of the company’s assets and profits.
    • Public Limited Company can have any number of members.
    • Shares are easily transferable in Public Limited Company.

    Procedure for obtaining Public Limited Company registration

    What is the procedure for obtaining Public Limited Company Registration?

    STEP 1

    It is necessary to meet all the legal requirements such as Number of Directors, Number of shareholders, minimum paid-up share capital have been fulfilled. The further steps of registration will be completed only if this step is complete.

    STEP 2

     The next step is to obtain the DSC and DIN for the directors of the Company. Only a natural person can be a director not any individual or entities like the LLPs or Financial institutions. It is not necessary for the Director to be the shareholder of the Company.

    STEP 3

    To be recognized as a registered office it is necessary to have a proper address of the Company. The Registered office address must be registered with the Registrar of Company under whose jurisdiction the office falls. This office address is to be entered correctly as all the correspondence related to business will be made to the registered office address. The registration fee will be dependent on the authorized capital of the company.

    STEP 4

    Before the procedure of registration, the name of the Company must be approved by the ROC. For a Public Limited Company, the name must end with the word “Limited”. This application will be filed in the RUN form of the Ministry of Corporate Affairs. It is better to provide a list of names in the order of preference, in case a particular name is not available.

    STEP 5

    Once the name of the Company has been approved the crucial documents of the Company that is the MoA and the AoA need to be executed.

    STEP 6

    We also help in opening a bank account in the name of the LLP, in parallel to this we draft the LLP Partnership deed. This deed is signed by all the partners and on a stamp paper .

    STEP 7

    Once the verification is done the ROC registers the company and issue the incorporation certificate along with the CIN of the Company.

    STEP 8

    The business cannot be started immediately after receiving the COI. The business has to apply for a certificate of commencement within 180 days of the COI stating that all the subscribers have paid the subscription money.

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    Documents required to Incorporate a Public Limited Company

    Which documents are required to start a Public Limited Company in India?

    It is very important to submit all the necessary documents about the registration of a Public Limited Company to avoid legal complications:

    PAN card or Passport if the applicant is a foreigner.
    Passport Sized Photographs Of all the Directors
    Copies of the Identity Documents of all the Directors- Aadhar Card, Voter Card, PAN Card.
    DSC (Digital Signature Certificate) of all the Directors
    DIN (Director Identification Number) of all the Directors.
    In case if the office is a rented property - The rent agreement.
    In case the office is an owned place- the property ownership documents
    The water bill and the electricity bill of the business place.
    No objection certificate by Landlord.
    Memorandum of Association (MOA)
    Articles of Association (AOA)

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    Benefits of registering a Public Limited Company in India

    What are the benefits of registering a Public Limited Company?

    Here are the advantages of registering as a Public Limited Company:

    Separate Legal entity

    A public limited Company is considered to be a separate legal entity from the shareholders. The public limited company has a perpetual existence and can have its PAN, bank account, approvals, contracts, licenses, assets, and liabilities.

    Multiple avenues of funding

    A public limited company raises funds from individuals as well as from financial institutions. The funds may be also raised in equity shareholding, preference shareholding, or debentures.

    Easy transferability of shares

    It is one of the biggest advantages of a Public Limited Company, the shares can be easily transferred by a shareholder to other legal entities- be it an individual or an organization in India or abroad. The director of the company can also be changed for ensuring the business perpetuity.

    Limited Liability

    The shareholders of a Public Limited Company are given limited liability protection. In a situation of unexpected liability, the same would be limited only to the company and the not affect the shareholders in any way.

    Growth opportunities

    As the organization has a vast capital base the development openings are likewise huge, particularly in the event of an open constrained organization.


    The organization is controlled by the Board of Directors. This Board of Directors is elected by the investors.

    Requirements for registering a Public Limited Company

    Some various rules and regulations are prescribed under the Companies Act,2013 for the formation of a Public Limited Company in Inia. Here is a checklist one should know of while registering a Public Limited Company:

    • Minimum 7 shareholders are required to form a Public Limited Company.
    • A minimum of 3 Directors is required to form a Public Limited Company.
    • A minimum share capital of Rs.5 lakh is required.
    • DSC of one of the Directors is needed when the self-attested identity copies and address proof are submitted.
    • DIN for the Directors is necessary.
    • Application is to be made for the selection of the Name of the Company.
    • An application that comprises the main object clause of the company is made. This object clause will define the main objectives of a Company after the incorporation.
    • The application is submitted to the ROC along with the necessary documents like MOA, AOA, a duly fille form DIR-12, Form INC 7, and Form INC -22 is needed.
    • Payment of the registration fees that are prescribed by the ROC.
    • Once the ROC has approved the company should apply for the business commencement certificate.

    FAQs On Public Limited Company Formation

    Yes, an NRI or Foreign National can be a Director in a Public Ltd Co. in India. For becoming a director, besides the basic requirement of being a sensible adult, such a person must possess the DIN issued by MCA. However, at least one Director on the Board of Directors must be a Resident of India.

    In India, you can set your Public Ltd. Co. anywhere but there are minimum 7 shareholders and three Directors required. The Directors can also be shareholders.

    No, unlike a Private Limited Company a Public Limited company has no limits on a maximum number of shareholders.

    When the total capital of a company is divided into shares, is called as share capital. The share capital is the total amount of capital collected from their shareholders for the purpose of achieving the objectives of the company.

    A Public Limited Company must have a minimum of three directors.

    DIN is a unique identification number allotted to an individual who is appointed as a Director of a Company, and it is mandatory for every Director to have this number.

    BizHub provides Public Limited Company Registration all across India. You can obtain Public Limited Company registration in Ahmedabad, Mumbai, Pune, Bangalore, Chennai, Delhi, Kolkata, Kanpur, Nagpur, Jaipur or any other cities easily with BizHub.

    Don’t worry!! Our expert at BizHub will help you to choose a best suitable plan for you. Get in touch with our team to get all your queries resolved. Write to us at ………………………………………………


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      Public Limited Company Standard Package

      Standard Package Covers

      1. 7 Digital Signature Certificates
      2. 3 Director Identification Numbers
      3. Name Approval
      4. Stamp duty on INR 1 Lakh Authorized Capital
      5. Company Incorporation using SPICe+
      6. Copy of e-MOA & e-AOA
      7. e-PAN
      8. e-TAN
      9. 7 e-copies of Share Certificates
      10. ESIC Registration through SPICe Plus
      11. PF Registration through SPICe Plus
      12. Bank Account opening (feature) through SPICe Plus

      Fees for this Package

      Forrtuna Bizhub Price: 24999
      (Including Government Fee)
      Gst: 4500
      Total Price: 29499

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