What is a Public Limited Company?
A Public Limited Company is a type of company whose shares can be traded on a stock exchange and can be purchased by the general public. It offers the highest level of credibility and is governed by stringent regulatory requirements under the Companies Act, 2013 and SEBI guidelines.
Public companies can raise substantial capital from the public through Initial Public Offerings (IPOs) and are required to have a minimum of 3 directors and 7 shareholders. Unlike private companies, there is no restriction on the maximum number of shareholders.
Benefits of Public Limited Company
Unlimited Capital
Raise unlimited capital from public through IPO and follow-on offerings.
Easy Share Transfer
Shares freely transferable on stock exchanges without restrictions.
Highest Credibility
Maximum brand value and trust among customers, investors, and banks.
Limited Liability
Shareholders' liability limited to their share capital contribution.
No Member Limit
No upper limit on the number of shareholders/members.
Global Recognition
Enhanced credibility for international business and partnerships.
Requirements for Registration
Minimum 3 Directors
At least 3 directors required, one must be Indian resident
Minimum 7 Shareholders
No upper limit on the number of shareholders
Minimum Capital
No minimum paid-up capital, but ₹5 Lakhs recommended for listing
Company Name
Must end with "Limited" (e.g., ABC Limited)
Registered Office
Valid address in India for official correspondence
Documents Required
For Directors/Shareholders
- PAN Card of all directors
- Aadhaar Card / Passport
- Passport Size Photograph
- Address Proof (Utility Bill)
- Email ID & Mobile Number
- Resume of Directors (for SEBI compliance)
For Registered Office
- Rent Agreement / Lease Deed
- NOC from Property Owner
- Latest Utility Bill
- Ownership Documents
Registration Process
Obtain DSC & DIN
Digital Signature and Director ID for all proposed directors
Name Reservation
Reserve company name ending with "Limited" through RUN
Draft MoA & AoA
Prepare Memorandum and Articles of Association
SPICe+ Form Filing
File incorporation form with all required documents
Certificate of Incorporation
Receive CoI with CIN, PAN, and TAN
Post-Incorporation Compliance
Open bank account, issue share certificates, statutory registers
Our Pricing
Standard
+ Govt Fee (excl. Digital Signature Certificate)
- Register your Public Limited Company at Ministry of Corporate Affairs
- Drafting & Filing by CA/CS
- Expert advice by CA/CS
- MCA processing and CIN
- Company MOA and AOA
- Allotment of 3 DINs
- The 1st Board Resolution documentation
- Consent Letter drafting and ADT-1 appointment of the Auditor
Frequently Asked Questions
What is the difference between Public and Private Limited Company?
Public Limited requires minimum 3 directors and 7 shareholders with no maximum limit. Private Limited requires 2 directors and 2-200 shareholders. Public company shares can be traded on stock exchanges; private company shares have transfer restrictions.
Can I convert my Private Limited to Public Limited?
Yes, a Private Limited Company can be converted to Public Limited by passing a special resolution, altering the AoA, increasing the number of directors and shareholders to meet minimum requirements, and filing Form INC-27 with the ROC.
Is stock exchange listing mandatory for Public Limited Company?
No, listing on stock exchange is not mandatory. A Public Limited Company can remain unlisted. Listing becomes mandatory only if the company wants to offer shares to the public through an IPO.