Company Incorporation
Public Limited Company Registration
15-20 Working Days 100% online process Dedicated expert
- Limited liability – Owners’ personal assets are protected.
- Easy capital raising – Can raise funds from the public.
- Separate legal entity – Company exists independently of owners.
- Perpetual succession – Continues even after ownership changes.
About this service
Startupmates assists in registering public limited companies, comprising a minimum of three directors and seven members. As a distinct legal entity, a public limited company remains independent of its individual members.
Financial Consultant Services: Assisting with Public Limited Company Registration in India Startupmates, a financial consulting firm, specializes in guiding businesses through the seamless process of public limited company registration. These entities have a separate legal identity, unaffected by events like death, retirement, or shareholder insolvency. Public limited companies, whether public or private, possess the capacity to attract public deposits. Startupmates is well-equipped to assist in establishing a public limited company with expertise and efficiency.
The Benefits Of Forming A Public Limited Company
Under the Companies Act of 2013, Startupmates is a distinct legal entity with comprehensive legal capabilities, enabling property ownership and assuming obligations. Members, including shareholders and directors, are protected from personal accountability to the company’s creditors for any incurred debts.
Easy Transferability: Shareholders at Startupmates enjoy the flexibility of freely transferring their shares to others. This process involves completing and signing a share transfer form, delivering the share certificates to the buyer, and notifying the company.
Perpetual Succession: Startupmates benefits from ‘perpetual succession,’ ensuring its continuous existence until legally dissolved.
Property Ownership: As a legal entity, Startupmates has the authority to buy, possess, and sell property in its own name. Shareholders cannot claim any of the company’s assets as long as the firm remains operational.
Borrowing Capacity: Startupmates has enhanced options for borrowing funds. It can issue secured and unsecured debentures, and even take public deposits. Banks and financial institutions generally prefer lending substantial amounts to corporations compared to partnership businesses or sole Proprietorships.
Incorporating these features, Startupmates is well-positioned to benefit from the advantages and privileges associated with being a legal entity under the Companies Act of 2013.
Get in touch with us to get Public Limited Company Registration in India
Startupmates is a distinguished financial advising and consulting firm specializing in delivering accounting, finance, tax, and legal services to startups, SMEs, and multinational corporations across various industries. Our team of financial advisors at Startupmates is dedicated to assisting businesses in optimizing processes, accelerating growth, enhancing productivity, and improving overall efficiency. For information on One Person Company Formation or any other inquiries, reach out to us.
With a comprehensive range of consulting services and extensive expertise, Startupmates is committed to helping you focus on your value proposition. Our consultancy services aim to provide clients with value-added solutions. Choose Startupmates as your reliable accounting and tax advisors. Contact us now for seamless Public/Private Limited Company Registration in India.
Requirements & eligibility
- At least 3 directors (maximum 15); at least one director must be resident in India
- At least 7 shareholders, with no upper limit
- Digital Signature Certificate (DSC) for every director
- A unique company name ending with "Limited"
- A registered office address in India
- No minimum paid-up capital required
Step-by-step process
What happens after you book, and roughly how long each step takes.
- 1
Consultation & documentsDay 1
We plan the board, shareholding and capital, and collect KYC and office proof.
- 2
Digital signatures1–2 days
Class 3 DSCs are issued for all directors.
- 3
Name approval2–3 days
We reserve the company name through SPICe+ Part A.
- 4
MOA, AOA and SPICe+ filing3–5 days
We draft the MOA and AOA and file SPICe+ Part B with AGILE-PRO-S.
- 5
Certificate of Incorporation5–7 days
You receive the Certificate of Incorporation with CIN, PAN and TAN.
Benefits
- Can raise capital from the public and list on a stock exchange
- Shares are freely transferable
- Limited liability for shareholders
- High credibility with lenders, investors and large clients
- Perpetual succession and a separate legal identity
Key features
- Limited liability – Owners’ personal assets are protected.
- Easy capital raising – Can raise funds from the public.
- Separate legal entity – Company exists independently of owners.
- Perpetual succession – Continues even after ownership changes.
- Better credibility – More trust from investors and banks.
- Transferable shares – Shares can be easily bought/sold.
- Large growth potential – Access to big investments.
- Professional management – Managed by skilled directors.
- Borrowing capacity – Easier to get loans from financial institutions.
- Brand recognition – Higher public visibility and reputation.
Documents required
- Directors’ PAN Card – Mandatory for all Indian directors
- Identity Proof – Aadhaar / Passport / Voter ID / Driving License
- Address Proof – Bank statement / Utility bill (not older than 2 months)
- Passport-size Photos – Of all directors
- Email ID & Mobile Number – For OTP verification
- Registered Office Proof 1. Electricity bill / Rent agreement 2.NOC from property owner
What's included
- Memorandum of Association
- Articles of Association
- Name Approval
- Director Identification Number
- Digital Signature Certificate (DSC)
- GST Registration
Not included
- It does not include business licenses
- Office setup
- Compliance filings
- Funding/stock exchange listing
Why StartupMates
Pay in parts
Clear price with GST shown upfront. On most services you start with an advance and pay the rest after work begins.
One dedicated expert
The same person handles your work from documents to final certificate.
100% online
Share documents and sign digitally from home. Track progress in your account.
Compliance after registration
GST returns, ROC filings, TDS and renewals handled, with reminders before due dates.
Frequently asked questions
What is a Public Limited Company?+–
A Public Limited Company is a type of business entity registered under the Companies Act, 2013, that allows its shares to be offered to the general public. It has a separate legal identity from its owners, and the liability of shareholders is limited to the extent of their shareholding. Such companies are typically suitable for large-scale businesses that plan to raise capital from the public and expand operations significantly.
What are the main features of a Public Limited Company?+–
A Public Limited Company has features such as limited liability, separate legal entity, perpetual succession, ability to raise capital from the public, free transferability of shares, and higher regulatory compliance requirements compared to private companies.
How many directors are required to form a Public Limited Company?+–
A minimum of three directors is required to incorporate a Public Limited Company in India, and the maximum number of directors can go up to fifteen unless increased through a special resolution.
How many shareholders are required?+–
A Public Limited Company must have at least seven shareholders. There is no upper limit on the number of shareholders, making it suitable for large-scale public participation.
Is there any minimum capital requirement for a Public Limited Company?+–
No specific minimum capital is mandated under the Companies Act, 2013. However, the company must have sufficient authorized capital as decided by the promoters based on business requirements.
Can a Public Limited Company invite the public to subscribe to shares?+–
Yes, one of the key features of a Public Limited Company is that it can issue shares to the public through Initial Public Offering (IPO) or follow-on public offerings, subject to regulatory approvals.
What documents are required for incorporation?+–
Required documents include PAN card, Aadhaar or other ID proof, address proof of directors, passport-size photographs, proof of registered office, rent agreement (if applicable), No Objection Certificate from the owner, Memorandum of Association, and Articles of Association.
What is the Memorandum of Association (MOA)?+–
The MOA is a legal document that defines the objectives, scope, and boundaries of the company’s activities. It serves as the foundation of the company and outlines what the company is permitted to do.
What is the Articles of Association (AOA)?+–
The AOA contains the internal rules and regulations governing the management of the company. It defines how decisions are made, how shares are managed, and how directors operate.
What is Director Identification Number (DIN)?+–
DIN is a unique identification number issued to individuals who wish to become directors of a company. It is mandatory for all directors.
What is a Digital Signature Certificate (DSC)?+–
A DSC is an electronic signature used to sign documents digitally during online company registration and filings with the Ministry of Corporate Affairs.
How long does it take to register a Public Limited Company?+–
The incorporation process usually takes around 7 to 15 working days, depending on document verification, name approval, and government processing time.
Can a foreign national become a director?+–
Yes, a foreign national can become a director in a Public Limited Company, provided they comply with the legal requirements, including obtaining a DIN and submitting valid documents.
Is a registered office mandatory?+–
Yes, every Public Limited Company must have a registered office in India where official communications and notices can be sent.
Can the registered office be changed later?+–
Yes, the registered office can be changed at any time by following the prescribed procedure under the Companies Act, including board approval and filing with the Registrar of Companies.
Are shares freely transferable in a Public Limited Company?+–
Yes, shares of a Public Limited Company are freely transferable, which enhances liquidity and investor participation.
Is statutory audit mandatory?+–
Yes, all Public Limited Companies must undergo an annual statutory audit conducted by a qualified Chartered Accountant.
What are the annual compliance requirements?+–
Annual compliance includes filing financial statements, annual returns, conducting board meetings, maintaining statutory registers, and complying with ROC filings.
Can a Public Limited Company be listed on a stock exchange?+–
Yes, a Public Limited Company can get listed on a stock exchange after fulfilling SEBI regulations, disclosure requirements, and completing the IPO process.
What is authorized capital and paid-up capital?+–
Authorized capital is the maximum capital a company can raise, while paid-up capital is the actual amount invested by shareholders in exchange for shares.
What are the advantages of a Public Limited Company?+–
Advantages include access to large capital, limited liability, enhanced credibility, ease of share transfer, and potential for expansion and growth.
What are the disadvantages of a Public Limited Company?+–
Disadvantages include high compliance costs, strict regulatory requirements, complex incorporation process, and disclosure obligations.
Can a Private Limited Company be converted into a Public Limited Company?+–
Yes, a Private Limited Company can be converted into a Public Limited Company by passing a special resolution and complying with statutory requirements.
What kind of businesses should choose a Public Limited Company structure?+–
Businesses that aim for large-scale operations, require significant capital, plan to go public, or seek institutional investors generally choose this structure.
Is professional assistance required for registration?+–
Yes, due to legal formalities and compliance requirements, it is highly recommended to take assistance from professionals such as Chartered Accountants, Company Secretaries, or legal consultants.
Ready to get started?
Book now, or talk to an expert first. The first call is free.