What is Public Limited Company Registration?
A Public Limited Company is suited to large businesses that plan to raise capital from the public, list on a stock exchange or operate at scale with many shareholders. Its shares are freely transferable, and it enjoys the highest level of credibility among business structures. It also carries stricter compliance and disclosure requirements. TaxBucket manages name approval, MoA/AoA drafting, SPICe+ filing and the compliance setup after incorporation.
Who needs it?
- Large businesses planning an IPO or public fundraise
- Companies needing more than 200 shareholders
- Businesses in sectors where regulators prefer public companies (for example, some NBFC and infrastructure activities)
- Companies wanting freely transferable shares
Key benefits
- Can raise funds from the public through shares and debentures
- Unlimited number of shareholders
- Shares are freely transferable
- Limited liability and separate legal entity
- Highest credibility with banks, investors and government bodies
Documents required
Checklist: keep these ready
- PAN and Aadhaar of all directors and shareholders
- Address proof (bank statement / utility bill) of directors
- Passport-size photographs
- Registered office proof and NOC from the owner
- Rent agreement, if the premises are rented
- Proposed objects of the business for MoA drafting
Step-by-step process
- 1
Step 1
DSC for all proposed directors
- 2
Step 2
Name reservation via SPICe+ Part A
- 3
Step 3
Drafting MoA and AoA for a public company
- 4
Step 4
SPICe+ Part B filing with linked forms and declarations
- 5
Step 5
Certificate of Incorporation with CIN, PAN and TAN
- 6
Step 6
Commencement of business (INC-20A), auditor appointment and statutory registers
Key facts: fees, timelines, due dates and penalties
- 1Minimum 3 directors and 7 shareholders; no maximum limit on members
- 2No minimum paid-up capital requirement under current law
- 3Listed and certain large public companies must appoint independent directors and a company secretary
- 4Typical timeline: 10 to 20 working days
Why choose TaxBucket for Public Limited Company Registration?
- 14+ years of experience in tax, GST, MCA and legal compliance
- ISO 9001:2015 certified company with a team of tax and compliance professionals
- Transparent pricing with no hidden charges
- End-to-end online process with a dedicated expert and regular status updates
- Office in South West Delhi; serving clients across India
Frequently asked questions
What is the difference between a Private and Public Limited Company?
A private company has 2 to 200 members and restricts share transfers, while a public company needs at least 7 members, has no upper limit and can offer shares to the public.
Is a Public Limited Company automatically listed?
No. Registration only creates the company. Listing on a stock exchange requires a separate IPO process under SEBI regulations.
How many directors are required for a Public Limited Company?
At least 3 directors are required, and the maximum is 15 (more with a special resolution).
Can a Private Limited Company convert into a Public Limited Company?
Yes. Conversion is possible by altering the AoA through a special resolution and filing the required forms with the ROC.
Get expert help with Public Limited Company Registration today
Call +91 7838-000-475 or send your enquiry and our expert will get back to you.
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