Easily Register a Public Limited Company

Public Limited Company is one of the biggest, reputed and known entity under the umbrella of Business. Only this company can be Listed on Stock Exchange. Afleo offers services to easily register a Public Limited Company.

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Public Limited Company Registration

The Public limited company is the company which is incorporated or registered under the Companies Act, 2013. It is different from the Private Limited Company, and therefore its compliance also changes. The shares of a Public limited company is issued to the public. These shares are then freely traded. Public Limited Company is also called as publicly held company. It can be listed on stock exchange, but for Private Limited Company it should first get converted into a Public limited company, only then it can be listed on the Stock exchange.

In Public limited company, there should be a minimum paid up capital of Rupees 5 Lakhs, minimum 3 Directors and a minimum number of shareholder should be 7. Compliance for the Public limited company is also more as compared to other company.

Afleo will help you in all your requirements regarding the setting up of a Public Limited Company and other formalities. Our Business advisors will give solutions to all your queries regarding Formation of Public Limited Company and help you to take your decisions easily. Afleo.com started with the simple idea that doing business in India should be very easy. Our growing team of young hard working professionals is our biggest asset. Our team puts the consumer first, and work meticulously to ensure that documents are filled correctly and swiftly. Afleo is the market leader with 100+ Company Registration per month and total figures crossing 10,000+

Inclusions

DIN of Directors

DSC of Directors

PAN of Company

TAN of Company

Share Certificates

MOA and AOA Copy

Statutory Register

Minutes Paper

Company Kit

Features of Public Limited Company Registration

Raise Capital in large amount

In Public limited company, the Company can raise funds from public and it does not have any limit for number of shareholders. Since it can raise funds from public, it has a huge capacity to raise funds.

Freely transferable shares

In Public limited company shareholder can transfer their shares easily to another person contrary to the Private limited company and there is no need to take anyone's consent.

Can be listed on stock exchange

If any company intends to list itself on any stock exchange then it should be a public limited company. Since in private company maximum number of member allowed is 200 only. So Public company can be listed easily but private company has to get converted into public first.

Documents for Public Limited Company Registration

Copy of PAN Card of directors

Passport size photograph of directors

Copy of Aadhar Card/ Voter identity card of directors

Copy of Rent agreement (If rented property)

Electricity/ Water bill (Business Place)

Landlord NOC (Format will be provided)

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Process for Public Limited Company Registration

Obtaining DSC & DIN

In Incorporation of Public Limited Company the First Step is to acquire Digital Signature Certificate (DSC) and Director Identification Number (DIN) is required for the proposed Directors of the Public Limited Company. DIN and DSC can be obtain within 3 to 4 days.

Name Approval

Once the DIN and DSC obtain then we can file the form for name approval with DIN and DSC. In name approval we have to mention at least One name and maximum Six name. Name approval process will take the 4-5 days for the confirmation of name. Once the name is confirm, then it is valid for the 60 days.

Public Limited Company Incorporation

After getting the name approval we have to prepare some Documents and forms for ROC Filing. Then file the forms to ROC . This process will get the approx 5-7 days for preparation and filing form and approve the incorporation from MCA.

How we help with Public Limited Company Registration

Afleo.com can easily register a Public Limited Company within 14-20 working days

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Frequently Asked Questions

For Public Limited Company incorporation, you require minimum 3 (three) Directors. And the maximum limit of Director is 15.

Yes, an NRI or Foreign National can also be a shareholder or director in a public limited company of India.

No. there is no limitation for the maximum number of shareholders in Public Limited Company as compared to Private Limited Company. But the minimum number of shareholder should be 7(seven).

You need to incorporate the Company with a minimum capital of Rs. 500,000/-. It doesn’t mean that you have to deposit that amount in Bank Account. You can also invest that amount in pre-incorporation expenses or purchase Assets for the business.

No, it’s not necessary to purchase a place for an office, you can show your resident house as an office.

Yes, you can convert your Public Limited Company into Private Limited Company. Only you require to complete the requirement of law.

As a public limited company deals with public money, it has more compliance compared to the private limited company. The Company has to fulfill all compliance to protect the fund and earn legal profit. Public money is the liability of the company.

Generally, we take 15-20 days for incorporation of the company, but the time is also dependent on documents provided by the client and approval to forms from ROC/MCA.

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