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Public Limited Company Registration
A Public Limited Company (PLC) is one of the most trusted and widely adopted business structures for large and growing enterprises in India. It allows businesses to raise capital from the public, enjoy strong credibility, and expand operations at scale while ensuring compliance with the Companies Act, 2013.
At CA Kapoor, we provide end-to-end assistance for Public Limited Company Registration, ensuring smooth incorporation, regulatory compliance, and professional guidance at every step.
Advantages of Public Limited Company Registration
Limited Liability Protection
Shareholders’ liability is limited to the value of shares held, protecting personal assets.
Enhanced Image & Credibility
Public companies enjoy higher trust among investors, lenders, vendors, and customers.
Easy Fund Raising
Ability to raise capital through public issues, private placements, and institutional investors.
Stock Exchange Listing
Eligible companies can list shares on recognized stock exchanges through IPOs.
Preferred Business Structure for Investors
Ideal structure for venture capitalists, private equity firms, and institutional investors.
Minimum Requirements for Public Limited Company
- Minimum 3 Directors
- Minimum 7 Members (Shareholders)
- No minimum capital requirement
- Maximum 15 Directors (can be increased with approval)
- At least one Director must be a resident of India
Meaning of Public Limited Company
As per the Companies Act, 2013, a Public Limited Company is a company that can offer its shares to the public and has limited liability.
A Public Limited Company may issue shares through:
- Initial Public Offering (IPO), or
- Trading on recognized stock exchanges
Such companies are required to follow strict regulatory norms and disclose accurate financial information to shareholders, ensuring transparency and accountability.
Suitability & Popularity
Key Characteristics of a Public Limited Company
- Directors: Minimum of 3 directors required
- Capital Requirement: No minimum paid-up capital
- Prospectus: Mandatory issuance of prospectus for public share offerings
- Name Suffix: Must end with the word “Limited”
- Limited Liability: Shareholders’ liability is restricted to their shareholding
Benefits of Public Limited Company Registration in Amritsar
Access to Large Capital
Public share offerings allow capital inflow from a wide investor base.
Increased Market Visibility
Stock exchange listing improves brand recognition and market confidence.
Risk Distribution
Business risk is spread across a large number of shareholders.
Business Growth & Expansion
Higher capital and market credibility support long-term expansion plans.
Requirements for Incorporation of Public Limited Company
Documents Required
- PAN Card (Self-attested) of Directors and Members
- Identity Proof (Aadhaar / Passport / Voter ID / Driving License)
- Address Proof (Bank Statement / Utility Bill – not older than 2 months)
- Passport Size Photographs (2 each)
- Registered Office Proof
- Ownership documents or Rent Agreement
- NOC from property owner
- Utility bill (not older than 2 months)
Information Required for Registration
- Authorized & paid-up share capital
- Shareholding pattern
- Proposed business activities
- Occupation and educational qualification of Directors & Members
- Place of birth and residential details
- Email IDs and mobile numbers
Process of Public Limited Company Registration
The Ministry of Corporate Affairs (MCA) introduced SPICe+ (INC-32) to simplify company incorporation.
Step-by-Step Process:
Step 1: Name Reservation (SPICe+ Part A)
Apply for name approval via MCA portal
Ensure name availability and trademark clearance
Step 2: Filing SPICe+ Part B
Enter incorporation details, capital structure, directors, and subscribers
Step 3: Conversion to PDF & DSC Affixation
Convert SPICe+ form to PDF
Affix Digital Signature Certificates (DSC)
Step 4: Upload on MCA Portal
Submit forms and linked services online
Step 5: Declaration (INC-9)
Auto-generated declaration of subscribers and first directors
Filed electronically in most cases
Recent Amendments & Key Changes
- No SRN Required for approved names in SPICe+ Part A
- Mandatory ESIC & EPFO Registration for new companies
- Mandatory Bank Account Opening via AGILE-PRO
- Professional Tax Registration mandatory in applicable states
- Mandatory e-MOA (INC-33) & e-AOA (INC-34) in specified cases
- Physical MOA/AOA required in certain foreign subscriber scenarios
- Statutory returns applicable only upon crossing threshold limits
Why Choose CA Kapoor?
- Experienced Chartered Accountants
- End-to-end incorporation support
- 100% MCA compliance
- Transparent pricing
- Dedicated professional assistance
Frequently Asked Questions (FAQs)
1. What is a Public Limited Company?
A Public Limited Company is a company that can offer shares to the public and has limited liability under the Companies Act, 2013.
2. What is the minimum capital required?
There is no minimum capital requirement for registration.
3. How many directors are required?
A minimum of three directors is mandatory.
4. Can a Public Limited Company raise funds from the public?
Yes, it can raise funds through IPOs and public share issues.
5. Is stock exchange listing mandatory?
No, listing is optional but beneficial for capital raising and credibility.
6. Who can be shareholders?
Any individual or entity can become a shareholder, including foreign nationals (subject to compliance).
7. How long does registration take?
Typically 15–25 working days, depending on approvals and documentation.
8. Is annual compliance mandatory?
Yes, Public Limited Companies have strict annual compliance requirements.
9. Can shares be freely transferred?
Yes, shares of a Public Limited Company are freely transferable.
10. Why choose CA Kapoor for registration?
CA Kapoor offers expert guidance, end-to-end support, and ensures complete legal compliance.