Public Limited Company (PLC) Incorporation in India
Incorporation of Public Limited Company in India
Ideal if your business is Large and Planning for Public Issue
- Can Raise Large Capital by issuing share, List with Stock Exchanges in India
- Minimum 3 Directors and 7 Members/Shareholders required.
- Incorporation in 2 days | Include Share Certificate, MOA/AOA, DSC, DIN, PAN & TAN, etc.
- Our Fee starts @ Rs 20,000/-
Public Limited Company
Public limited company formation is almost similar to a private limited company except minimum requirement of directors and members are 3 and 7 respectively.
A limited company grants limited liability to its owners and management. Being a public company allows a firm to sell shares to investors this is beneficial in raising capital
Entrepreuner prefer to incorporate Public Limited company becasue of its many advantages, for example –
- Can raise fund by issue of share to public.
- Option to get listed in recognised stock exchanges in India and issue IPO
- Shares are freely transferable without any restriction
- There is no limitations of no. of member/shareholders
But, a Public limited company has to do few additional ROC compliances and core compliances with Stock exchange and SEBI, if it is listed. Hence the Compliance cost is higher as compare to a Private limited company.
Send your Requirement here
Features of a Private Limited Company (PLC)
Minimum 3 Directors & Maximum 15.
No limitation for number of Members/shareholders
Can raise fund from public by issuing share subject to compliance of other provisions of the Act
All the Public companies to use the word limited after its name
Documents Requirement for Public Limited Company
Photographs of all Proposed Shareholders & Directors
PAN card Copy of all Proposed Shareholders & Directors
ID Proof - Driving License / Voter ID / Passport (anyone) of all Proposed Shareholders & Directors
Address Proof - Bank Statement / Telephone or Mobile or Electricity Bill (not more than 30 days old) of all Proposed Shareholders & Directors
Email ID and Mobile Numbers of all Proposed Shareholders & Directors
Aadhar card ( Optional )
Proposed Company Registered Office Address Proof - Telephone or Mobile or Electricity Bill (not more than 30 days old) + NOC from property owner
DIN ( Optional - In case any proposed director already have Active DIN)
Why you may need Public Limited Company?
Easy to Raise Capital
Raising capital is much easier for a public limited company through public subscription as well as stock market (if listed)
Lower risk
As the number of shareholders is quite large, the risk borne by each shareholder is considerably low.
Limited Liability
Directors and Shareholders have no personal liabilities. Limited Liability protects the personal wealth of the shareholders and directors therefore owners will never lose more that they have invested.
Brand Recognition
A public company can get its shares listed in a stock exchange therefore; people will be able to easily and quickly recognize the brand or name of the company. The more brand recognition a company has, the more business it will have.
Democratic Management
Management of the company is not confined to few persons. Shareholders have powers to elect and remove directors and they can exercise control over management in general meetings of the company.
