Public Limited Company

Public Limited Company

Establishing a Public Limited Company in India

A Public Limited Company (PLC) is perfect for large businesses aiming to raise capital through public investment. Governed by the Companies Act, 2013, it allows shares to be offered publicly and listed on stock exchanges, boosting funding opportunities. With strong regulatory oversight and a structured compliance framework, a PLC offers increased credibility and growth potential, making it ideal for businesses with large-scale operations and expansion plans.

Frequently Asked Questions About Public Limited Company Registration in India

1. What are the main advantages of establishing a Public Limited Company?
  • Access to Capital through public share offerings and listing on stock exchanges.
  • Enhanced Credibility due to strict regulatory oversight and transparency.
  • Limited Liability Protection where shareholders’ personal assets are not at risk beyond their shareholding.
  • Greater Growth Opportunities with the ability to attract large-scale investors and financing options.

Registration of a Public Limited Company typically takes 10-15 working days, depending on document readiness and regulatory approvals.  

At Bhanushali & Bhanushali, we offer end-to-end support for setting up your Public Limited Company. From name reservation and document preparation to regulatory filings and ongoing compliance, our team ensures every step is handled efficiently and in full legal compliance. This allows you to focus on launching and growing your business with confidence. 

6-Step Procedure to Register a Public Limited Company in India

A Public Limited Company requires a minimum of 7 shareholders and 3 directors, with a maximum of 15 directors. At least one director must be a resident of India. There's no mandatory minimum capital, but the registration fee varies based on the chosen capital.

Step 1

Get Digital Signature Certificates (DSC)

Directors must obtain DSC to sign electronic documents. Required: photograph, address proof, PAN card.

Step 2

Obtain Director Identification Number (DIN)

Each director needs a unique DIN.
Required: PAN card, Aadhar card, photograph, DSC.

Step 3

Apply for Company Name

Choose a unique name with "Limited" at the end for Public Limited Companies. Approval takes 3-5 days.

Step 4

Submit Incorporation Documents

Submit the MOA, AOA, and other necessary documents to the RoC.

Step 5

File SPICe+ and AGILE-PRO Forms

File SPICe+ for incorporation and AGILE-PRO for GST, EPFO, ESIC, PAN, and TAN.

Step 6

RoC Verification

RoC verifies documents and ensures compliance.

Step 7

Obtain Certificate of Incorporation

Receive your Certificate of Incorporation, PAN, and TAN to begin operations.

A public limited company must file a declaration confirming all subscribers to the Memorandum of Association have paid the subscribed share capital, within 180 days of incorporation.

We simplify the process by managing everything from DSC acquisition to document submission on the MCA portal. Our team ensures smooth compliance, so you can focus on growing your business while we handle the legalities.