
Public Limited Company Registration
Price : ₹16999/-
Professional FeesNote* Price may vary on if any changes by Govt.
Documents Require
- Director's PAN
- Director's Aadhaar or Any other Address Prove
- Director's DIN (If Any)
- Director's DSC (If Any)
- Director's Passport Size Photo
- Business Address Prove
Duration- 7Days
TSC Benefit - ₹500/-
(Including Sahaj India Member's Benefit)
Sahaj India Member's Benefit - ₹200/-
Public Limited (For Indians)
Limited company is the ideal choice of corporate entity for medium and large sized businesses that raise equity capital from the public. For Public Limited Company Registration, the company must have minimum 3 Directors, 7 Shareholders and Maximum 50 Directors. However, minimum authorized and subscribed share capital required for public company is Rupees five lakh. A Public limited company have all the advantages of Private Limited Company and the ability to have any number of members, ease in transfer of shareholding and more transparency. As per Company Act 2013 a Public Limited Company is a company that has limited liability and offers shares to the general public. Its stock can be acquired by anyone, either privately through (IPO) initial public offering or via trades on the stock market. A Public Limited Company is strictly regulated and is required to publish its true financial health to its shareholders. A public limited company can have a rather huge magnitude of capital, much more than that gathered by a private limited company. It is legally authorized to trade on stock exchanges. There is no limit to the maximum number of shareholders in a public limited company. Again, shareholders do not have to take part in the day-to-day management of the business of the company.
Benefits of Public Limited Company
Limited Liability Protection to Directors personal assets Many times business need to borrow money and take high investment decisions. Public Ltd. Company is the best option for entrepreneurs with larger investment requirements. In case of normal Partnerships, Partners personal savings and property would be at risk incase business is not able to repay its loans or business goes into loss. In a Public limited company, only investment in shares of the business is lost, personal assets of the directors are safe.
Better image and credibility in Market Public limited company is popular and well known business structure. Corporate Customers, Vendors and Govt. Agencies prefer to deal with Public Limited Company instead of proprietorship or normal partnerships.
Easy to raise funds and loans Public Limited company can list itself in various stock exchanges in India and raise capital from stock market. Limited company also enjoys wide options to raise funds through bank loans, general public and Institutional investors.
Favorite Business structure for Investors Investors love to invest in Public Limited companies as it is well structured and transparent business structure.
Easy Transfer of shares Most important it is very easy to exit from a Public limited company, only shares of the company need to be handed over to the purchaser along with the signed share transfer forms.
Most Suitable for Heavy Investment Public Company is the best choice for businesses involving heavy investment.
Basic requirements for Public Limited Company Registration:
1. A minimum 7 Shareholders are required
2. A minimum 3 Directors are required
3. The Directors and Shareholders generally be the same person
4. One of the Director must definitely be a resident of India
5. The minimum advisable Authorised Share Capital is INR 5 lakh
6. DIN (Director Identification Number) for all directors is needed
7. DSC (Digital Signature Certificate) for 2 promoters and 1 witness is required