A Public Limited Company is suitable for large-scale businesses that want to raise capital from the public. It can list on stock exchanges and has unlimited members.
Features of Public Company
- Minimum 7 members, no maximum limit
- Minimum 3 directors required
- Can raise funds from public
- Can list on stock exchanges
- Transferable shares
- Separate legal entity
Benefits
- Unlimited capital raising potential
- Public credibility and trust
- Limited liability for shareholders
- Can issue IPO
- Perpetual succession
- Professional management
Requirements
- Minimum paid-up capital: ₹5 lakhs
- Minimum 7 shareholders
- Minimum 3 directors
- Must have "Limited" or "Ltd" in name
Documents Required
- PAN and Aadhaar of all directors and shareholders
- Address proof of all stakeholders
- Registered office documents
- Digital Signature Certificates
- Director consents and declarations
Registration Process
- Obtain DSC for directors
- DIN for all directors
- Name approval from MCA
- Draft MOA and AOA
- File SPICe+ and other forms
- Pay stamp duty and registration fees
- Certificate of Incorporation
- Commencement of Business Certificate
Time Required: 20-25 working days
Ready to Get Started?
Contact us today for expert guidance and fast processing!