Share Issuance in Gurugram: Fundraising, ESOP, Rights, and Bonus Allotment
📌 TL;DR - Issue of Shares in Gurugram Services at a Glance
A private limited company can issue shares through five modes: preferential allotment (to investors under Section 62(1)(c)), rights issue (to existing shareholders under 62(1)(a)), ESOP (to employees under 62(1)(b)), private placement (under Section 42), and bonus issue (from reserves under Section 63). Form PAS-3 must be filed with ROC Haryana within 15-30 days. Shares must be allotted within 60 days of receiving money. Authorised capital must be sufficient before allotment. For foreign investors, FC-GPR must be filed within 30 days.
Gurugram's startup ecosystem drives the highest volume of share allotments in NCR. DLF Cyber City startups issue preferential allotments to VCs during Series A/B/C. For a comprehensive overview, refer to our Issue of Shares national guide.
| Mode | Section | Resolution | Valuation | PAS-3 | Gurugram Use Case |
|---|---|---|---|---|---|
| Preferential Allotment | 62(1)(c)+42 | Special Resolution | Mandatory (IBBI) | 15 days | Startup fundraise from VCs |
| Rights Issue | 62(1)(a) | Board Resolution | Not mandatory | 30 days | Pro-rata to shareholders |
| ESOP | 62(1)(b) | OR (Pvt Ltd) | Exercise price | 30 days | IT company employee stock |
| Bonus Issue | 63 | Board + OR | Not required | 30 days | Profitable company reserves |
ROC Haryana at Chandigarh (from 16 February 2026) processes all PAS-3 filings for Gurugram companies. Patron Accounting manages the complete share issuance from authorised capital check (SH-7 if needed) to allotment, PAS-3 filing, share certificate issuance, and FEMA FC-GPR for foreign investors.
Content is reviewed quarterly for accuracy.