Public Limited Company

Overview

The Public limited company in India is a voluntary association of members which incorporates a separate legal existence and thus the liability of whose members is restricted. A Public limited company can either be an unlisted Company or a listed Company on the stock exchange. The public limited company also enjoys wide options to boost funds through bank loans, the overall public and Institutional investors.

A public limited company has many advantages over a private limited company and the ability to possess any number of members, ease in transfer of shareholding and more transparency makes it popular amongst foreign investors. If you’re getting to raise funds from the general public through Initial Public Offer (IPO) then start your business by incorporating a Public limited company. But a PLC is suitable for the big organizations which have a comprehensive perspective and better growth possibilities, instead of a little shop located nearby.

Our Process

Estimated time to complete the process – 11-13 working days

Step 1

Initial Discussion & collection of Basic information

Step 2

Apply to Name Availability of the proposed Company

Step 3

Collection & Verification of Documents

Step 4

Apply for Digital Signature Certificate (DSC)

Step 5

Drafting MOA ,AOA & other Documents

Step 6

Submission of Forms With the Roc along with Din Application

Step 7

Issuance of Certificate of Incorporation

Step 8

Application for PAN & TAN

Step 9

Dispatch of deliverables.

Choose Your Package

All Inclusive Pricing – No Hidden Fee

Basic
- ₹ 27000
- - DSC (Digital Signature)
  - 3 DIN for Director's
  - Name Approval for Company
  - MOA & AOA Drafting
  - PAN & TAN Card of Company
  - Certificate of Incorporation
  - Bank Account Opening Support
  - Stamp duty &Registration Charges
  - Incorporation Fees
  - GST Registration
  - Commencement of Business
  - INR 10 Lakh Authorized Capital
- Purchase Now

Premium
- ₹ 35000
- - DSC (Digital Signature)
  - 3 DIN for Director's
  - Name Approval for Company
  - MOA & AOA Drafting
  - PAN & TAN Card of Company
  - Certificate of Incorporation
  - Bank Account Opening Support
  - Stamp duty &Registration Charges
  - Incorporation Fees
  - GST Registration
  - E Way Bill Portal Registration
  - Accounting Software
  - MSME Registration
  - Auditor Appointment Assistance
  - Commencement of Business
  - INR 10 Lakh Authorized Capital
  - PF & ESIC Registration
  - Professional Tax Registration
- Purchase Now

Ultimate
- ₹ 45000
- - DSC (Digital Signature)
  - 3 DIN for Director's
  - Name Approval for Company
  - MOA & AOA Drafting
  - PAN & TAN Card of Company
  - Certificate of Incorporation
  - Bank Account Opening Support
  - Stamp duty &Registration Charges
  - Incorporation Fees
  - GST Registration
  - E Way Bill Portal Registration
  - Accounting Software
  - MSME Registration
  - Auditor Appointment Assistance
  - Commencement of Business
  - INR 10 Lakh Authorized Capital
  - PF & ESIC Registration
  - Professional Tax Registration
  - 3 Month Gst Return Filing
  - Income Tax Return Filing
- Purchase Now

Note:

Stamp duty upto 10 Lakh Authrorized Capital Covered above, if Capital Increase the duty raise on actual Basis

In case of Rs.10 lakh authorised capital,

Stamp duty of Rs.5120 (on actuals) will be chargeable extra for the state of Gujarat.

In case of incorporation in Rajasthan, an additional stamp duty of Rs.5510 will be applicable.

In case of incorporation in Madhya Pradesh, an additional stamp duty of Rs.7550 will be applicable.

In case of incorporation in Punjab, an additional stamp duty of Rs.15025 will be applicable.

In case of Kerala, an additional stamp duty of Rs.3025 will be applicable.

Benefits

Separate Legal Entity

The public limited company enjoys the advantage of Separate Legal Identity within the eyes of law which clearly states that assets and liabilities of the business aren't the assets and liabilities of the administrators.

Builds Credibility

All the knowledge concerning the company is formed available during a public database. This feature makes it simple to authenticate the existent of the business that ultimately helps in raising business credibility.

Access to Finance

A Public Ltd. Co. can easily obtain funding from Banks and other financial institutions since they're more willing to increase financing to the present sort of company.

Scope for expansion

There is unlimited scope for growth and expansion of business publicly Ltd. and New shares are often wont to raise additional capital publicly Ltd.

Documents Required

Photograph of all the Directors

ID Proof of all the Directors (Driving License/Passport/Voter ID)

PAN Card of all the Directors

Electricity Bill or any other utility bill for the address proof of the Registered Office

Clear All Your Doubts !

Can NRIs/Foreign Nationals be a Director in a public limited company in India?

Yes, an NRI or Foreign National is often a Director during a Public Ltd Co. in India. For becoming a director, besides the essential requirement of being a sensible adult, such a person must possess the DIN issued by MCA. However, a minimum of one Director on the Board of Directors must be a Resident of India.

What are the requirements for Public limited company Registration in India?

In India, you'll set your Public Ltd. Co. anywhere but there are a minimum of 7 shareholders and three Directors required. the directors also can be shareholders.

Is there any limit on the number of shareholders during a Public limited company in India?

No, unlike a private limited company a Public limited company has no limits on a maximum number of shareholders.

What is Share capital?

When the entire capital of a company is split into shares, is named share capital. The share capital is the total amount of capital collected from their shareholders for the purpose of achieving the objectives of the company.

How many Directors are required to incorporate a Public Limited Company?

A Public limited company must have a minimum of three directors.

What is Director Identification No. (DIN)?

DIN is a unique identification number allotted to an individual who is appointed as a Director of a company and its mandatory for each Director to have this number.

Let’s start your business journey with Book My Consultant.

Interested