Public Limited Company Registration
For your kind notice
The Public limited company in India is a voluntary association of members which has a separate legal existence and the liability of whose members is limited. A Public Limited Company can either be an unlisted Company or listed Company on the Stock Exchange. Public Limited company also enjoys wide options to raise funds through bank loans, the general public, and Institutional investors.
A public limited company has many advantages over Private Limited Company and the ability to have any number of members, ease in transfer of shareholding and more transparency makes it popular amongst foreign investors. If you are planning to raise funds from the public through Initial Public Offer (IPO) then Start your business by incorporating Public Limited Company.
A public limited company is usually established to generate capital from external sources, i.e. the general public for starting a business, business expansion, technological advancement, global expansion, etc. But a PLC is suitable to the large organizations which have a comprehensive perspective and higher growth possibilities, rather than a small shop located next door.
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.
- Photograph of all the Directors
- PAN Card of all the Directors
- ID Proof of the Directors (Driving License/Passport/Voter ID)
- Electricity Bill or any other utility bill for the address proof of the Registered Office.
Can NRIs/Foreign Nationals be a Director in Public Limited Company in India?
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.
What are the Requirements for Public Limited Company Registration in 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.
Is there any limit on a number of shareholders in a Public Limited Company in India?
No, unlike a Private Limited Company a Public Limited company has no limits on a maximum number of shareholders.
What is Share capital?
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.
How many Directors are required to incorporate a Public Limited Company?
A Public Limited Company must have a minimum of three directors.
What is Director Identification No. (DIN)?
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.
Which Cities do you provide your services?
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