Public Limited Company Registration

Overview of Public Limited Company

A Public Limited Company is a corporate structure that allows businesses to raise capital from the general public by issuing shares. It provides a separate legal identity, limited liability to shareholders, and is governed by the Companies Act, 2013.

Public companies are ideal for medium and large-scale businesses that want to expand, attract investors, or list their shares on the stock exchange. Lawcify offers complete Public Limited Company Registration in India — from name approval to incorporation, documentation, and post-registration compliance.

Advantages of Registering a Public Limited Company

• Easy Access to Capital: Raise funds through public investment or share issuance.
• Limited Liability: Shareholders’ personal assets are protected from business debts.
• High Credibility: Registered under MCA, public companies gain strong market trust.
• Transferable Shares: Shares can be easily transferred between investors.
• Perpetual Existence: The company continues even if shareholders change.
• Wide Growth Opportunities: Suitable for businesses aiming for national or global expansion.

Features of a Public Limited Company

• Minimum Members: Requires at least seven shareholders and three directors.
• Separate Legal Entity: Company can own assets and enter contracts in its own name.
• Limited Liability: Liability of shareholders is limited to unpaid share capital.
• Minimum Capital Requirement: ₹5 lakh minimum paid-up capital is required.
• Regulated by SEBI: Listed companies follow SEBI and MCA compliance norms.
• Transparency: Regular audits, disclosures, and filings ensure corporate governance.

Registration Procedure for a Public Limited Company

1. Step 1: Obtain Digital Signature Certificate (DSC) for all directors.
2. Step 2: Apply for Director Identification Number (DIN) from MCA.
3. Step 3: Reserve your company name using RUN (Reserve Unique Name) service.
4. Step 4: Draft incorporation documents — MoA (Memorandum of Association) and AoA (Articles of Association).
5. Step 5: File SPICe+ (INC-32) form along with required documents on the MCA portal.
6. Step 6: Obtain Certificate of Incorporation along with your Corporate Identification Number (CIN).
7. Step 7: Apply for PAN, TAN, and GST registration to start business operations.

Lawcify’s expert team simplifies this entire process and ensures smooth and timely registration of your Public Limited Company.

Other Information about Public Limited Company

A Public Limited Company must comply with several regulatory requirements including annual filings, statutory audits, and shareholder meetings. It must file financial statements and annual returns with the Registrar of Companies (ROC) every year.

Public Limited Companies are suitable for businesses planning to raise large capital, invite investors, or list on stock exchanges like BSE or NSE. They enjoy enhanced credibility and recognition across industries.

• Annual General Meeting (AGM) is mandatory every year.
• At least one-third of directors must retire by rotation annually.
• Board meetings should be held at least four times a year.