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Public Limited (PVT LTD) Company Registration in India


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Public Limited Company Registration in India – Expert Setup, SEBI Compliant, Easy Incorporation & Dedicated Support

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Starting a Public Limited Company in India

To start a Public Limited Company (PLC), you must register it under the Companies Act, ensuring a minimum of three directors and seven shareholders. Choose a unique name, draft the Memorandum and Articles of Association, and obtain a Certificate of Incorporation. Secure necessary tax registrations, business licenses, and, if required, list the company on a stock exchange through an IPO. Open a corporate bank account and comply with ongoing legal and financial regulations, including audits and annual filings.



Examples of Public Limited Companies

  • Reliance Industries Limited (India)
  • Tata Motors Limited (India)
  • Tesla Inc. (USA)

What Is A Public Limited Company?

A Public Limited Company (PLC) is a business entity that either trades its shares on the stock exchange or offers fixed deposits. It enjoys all the advantages of a private limited company, such as flexibility in accepting different types of shareholders, ease of share transfers, and a high level of transparency. For those looking to register a public limited company, seeking guidance from a professional registration advisor is highly recommended.

Perpetual Succession:

Unlike private companies, a Public Limited Company can raise significant capital by issuing shares, bonds, or fixed deposits. This allows the business to fund expansion, invest in research, and compete on a global scale. The ability to access public investment reduces dependency on bank loans and private funding.

Higher Capital Raising Potential:

Shareholders are only liable for the company’s debts up to the value of their shares. Personal assets—such as homes, vehicles, and personal savings—are generally protected from being used to settle business liabilities.Because shareholders’ personal liability is capped, more individuals are willing to start or invest in new businesses. This protection fuels innovation and economic growth by lowering the personal financial risk.Limited liability makes the company more attractive to outside investors. They can invest capital knowing their losses are restricted to what they put into the company, helping startups and growing businesses secure the funds they need.

Strict Compliance & Accountability:

A Public Limited Company must follow stringent regulations, including mandatory audits, financial disclosures, and corporate governance requirements. Regular reporting to regulatory authorities ensures transparency and builds investor trust. Failure to comply can result in heavy penalties and loss of market confidence.

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Robust Legal Framework

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Diverse Ownership Base

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High Market Visibility

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Global Expansion Opportunities

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Greater Borrowing Capacity

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Public Shareholding

Advantages of a Public Limited Company


A Public Limited Company is a widely preferred business structure in India due to its numerous benefits. Here’s an overview:


  • Large Capital Raising Potential : PLCs can access substantial funds by issuing shares and bonds to the public, fueling growth and expansion.
  • Limited Liability : Shareholders’ personal assets are protected, as they are only liable for the amount they have invested in the company.
  • Perpetual Succession : The company continues to exist regardless of changes in ownership, ensuring long-term stability.
  • Enhanced Credibility & Transparency: Stringent regulatory requirements and public disclosures boost investor confidence and improve the company’s reputation.
  • Liquidity of Shares : With shares traded on a stock exchange, investors enjoy high liquidity, making it easier to buy and sell shares.
  • Access to a Diverse Investor Base : A wide range of investors, including institutional and retail investors, contributes to a balanced and diversified ownership structure.

Disadvantages of a Public Limited Company


While a Public Limited Company offers several benefits, it also comes with certain challenges:


  • High Regulatory Compliance Costs : Meeting stringent legal, financial, and reporting requirements can be costly and time-consuming.
  • Public Disclosure of Sensitive Information : Mandatory transparency can lead to the disclosure of business strategies and financial details that might be exploited by competitors.
  • Risk of Hostile Takeovers : The publicly traded nature of shares makes the company vulnerable to takeover attempts by external entities.
  • Complex Management Structure : Balancing the interests of numerous shareholders and a large board of directors can complicate decision-making processes.
  • Market Volatility Impact : Fluctuations in share prices due to market conditions can affect the company’s valuation and investor sentiment.
  • Increased Scrutiny and Pressure : Being in the public eye subjects the company to constant scrutiny from regulators, media, and the investment community, adding pressure on management.




Documents Required

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Identity Proof (Aadhaar / Voter ID card, Driving License) of all the designated Directors and Shareholders

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Address-proof of the Directors and Shareholders

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Directors’ and Shareholders’ PAN Card details

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Residential proof of the registered Business Address (Telephone / Gas / Water / Electricity bill which should not be older than 2 months)

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An NOC or No Objection Certificate from the owner of the business place

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Company’s Memorandum of Association & Article of Association etc..



Step-by-Step Guide For The Process

Here are 4 steps to complete your process

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Step 1

Obtain a Digital Signature Certificate (DSC)

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Step 2

Director Identification Number (DIN)

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Step 3

Name Reservation for the Company

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Step 4

Submission of Company Details

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Step 5

Preparation and Submission of Incorporation Forms

MCA Compliance Requirements for Public Limited Companies

Every public limited company must adhere to compliance requirements at the end of each financial year. These obligations generally include auditing financial records, filing income tax returns, and submitting annual forms to the Ministry of Corporate Affairs (MCA). Failure to comply can result in significant penalties, late fees, or other legal consequences.

Form Compliance Requirement Due Date Penalty
COB Filing Certificate for Commencement of Business Within 180 days of company incorporation May lead to a strike-off by the registrar
DIR-3 eKYC Directors with a Director Identification Number (DIN) must complete KYC verification On or before 30th September every year Deactivation of DIN, ₹5,000 late fee, possible disqualification of directors
Form ADT-1 Auditor appointment Within 15 days of auditor’s appointment Late fees apply, ranging from 2 to 12 times the standard fee based on delay duration
Form AOC-4 Filing company financial statements Within 30 days of the Annual General Meeting (AGM) ₹100 per day after due date till the filings is done
Form MGT-7 Filing of annual returns Within 60 days of the AGM ₹100 per day after due date till the filings is done

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