Registering a Public Limited Company is a significant step for businesses looking to raise capital from the public and scale operations to new heights. A Public Limited Company provides greater transparency, credibility, and access to funding opportunities, making it an ideal structure for large-scale enterprises.

At AMM & Associates, we simplify the complexities of registering a Public Limited Company, offering expert guidance and end-to-end support. With over four decades of experience, we ensure a smooth and hassle-free registration process, enabling you to focus on your business goals.

What is a Public Limited Company?

A Public Limited Company is a corporate entity governed by the Companies Act, 2013, that allows shares to be offered to the public through an Initial Public Offering (IPO). It requires a minimum of three directors and seven shareholders and is suitable for businesses seeking large-scale operations, investments, and public credibility.

Benefits of Registering a Public Limited Company

1. Access to Capital: Raise funds through public shares and expand your business.
2. Limited Liability: Shareholders’ liability is limited to their investment.
3. Separate Legal Entity: Operates independently of its shareholders and directors.
4. Perpetual Existence: The company continues to exist regardless of ownership changes.
5. Enhanced Credibility: A Public Limited Company is widely recognized and trusted by investors, lenders, and customers.
6. Stock Market Listing: Shares can be traded on stock exchanges, increasing liquidity for shareholders.

Eligibility Criteria for Public Limited Company Registration

1. Minimum Directors and Shareholders: At least 3 directors and 7 shareholders are required.
2. Unique Name: The company name must not conflict with any existing company or trademark.
3. Registered Office: A valid address is mandatory as the registered office of the company.

Documents Required for Registration

Step-by-Step Process for Public Limited Company Registration

1. Obtain Digital Signature Certificate (DSC)

A DSC is essential for directors to sign electronic documents during the registration process.

2. Apply for Director Identification Number (DIN)

DIN is a unique identification number for company directors, issued by the Ministry of Corporate Affairs (MCA).

3. Name Reservation

Propose unique company names and reserve them with the MCA using the RUN (Reserve Unique Name) form.

4. Draft MOA and AOA

Prepare the Memorandum of Association (MOA) and Articles of Association (AOA) to define the company’s objectives and internal rules.

5. Filing Incorporation Forms

File Form SPICe+ along with the necessary documents for incorporation with the Registrar of Companies (ROC).

6. Obtain Certificate of Incorporation

Once approved, the MCA issues the Certificate of Incorporation, which includes the Company Identification Number (CIN).