PUBLIC COMPANY
Public Company Registration
Public Limited Company can raise capital from the general public through share offerings. Suitable for large businesses planning IPO, requiring substantial capital, and aiming for stock exchange listing.
What is a Public Company?
A Public Limited Company is a company that can invite the public to subscribe to its shares and debentures. It can be listed on stock exchanges and has more stringent compliance requirements than private companies.
Key Features
- ✓ Members: Minimum 7 (No maximum limit)
- ✓ Directors: Minimum 3
- ✓ Capital: Minimum ₹5 Lakhs paid-up
- ✓ Share Transfer: Freely transferable
- ✓ Listing: Can list on stock exchange
- ✓ Registration Time: 15-20 days
Benefits
- ✓ Can raise capital from public
- ✓ Freely transferable shares
- ✓ Can list on stock exchanges
- ✓ Higher credibility and prestige
- ✓ Ability to raise large capital
- ✓ Separate legal entity
- ✓ Limited liability
Compliance Requirements
- • Mandatory appointment of Company Secretary
- • Minimum 4 board meetings per year
- • Mandatory rotation of auditors
- • Appointment of independent directors
- • Detailed disclosure requirements
- • Regular filing with ROC and stock exchanges
Documents Required
PAN & Aadhaar of Directors
Address Proof
Office Address Proof
MOA & AOA
DSC of Directors
DIN of Directors
Register Your Public Limited Company
Prepare for IPO and public fundraising
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