Public Limited Company Registration in India

A Public Limited Company is the most prestigious business structure in India, enabling entrepreneurs to raise capital from the general public through shares. Regulated by the Companies Act, 2013 and the Ministry of Corporate Affairs, a Public Limited Company enjoys separate legal entity status, limited liability for shareholders, unrestricted share transferability, and the ability to list on stock exchanges like NSE and BSE under SEBI regulations.

Content is reviewed quarterly for accuracy.

• Large-Scale Enterprises: Businesses with ambitious growth plans that need to raise significant capital from the general public through share offerings
• Companies Planning IPO: Existing private companies planning to list on NSE or BSE must first convert to a public limited company and comply with SEBI listing requirements
• Government and Institutional Projects: Companies seeking government contracts, institutional investment, or public-private partnerships benefit from the credibility of a public company structure
• Existing Pvt Ltd Companies Scaling Up: Private limited companies that have outgrown the 200-member cap and need unrestricted shareholding can convert to a public limited company

Eligibility under the Companies Act, 2013:

• Minimum 7 shareholders (no maximum limit)
• Minimum 3 directors under Section 149 (maximum 15, extendable by special resolution)
• At least 1 director must be an Indian resident (stayed in India 182+ days)
• At least 1 woman director if paid-up capital Rs 100 crore+ or turnover Rs 300 crore+ under Section 149(1)
• Authorised share capital of minimum Rs 1 lakh
• Company name must end with 'Limited'
• A registered office address in India is mandatory

• PAN Card of all directors and subscribers (shareholders)
• Aadhaar Card linked to PAN for MCA portal authentication
• Address Proof of directors/subscribers - bank statement or utility bill (not older than 2 months)
• Passport for foreign directors - notarised and apostilled
• Passport-size Photographs of all directors and subscribers
• Digital Signature Certificate (DSC) - Class 3 for all directors
• Memorandum of Association (MOA) defining objects, capital structure, and subscriber details
• Articles of Association (AOA) defining governance rules, share transfer provisions, and meeting procedures
• Proof of Registered Office - utility bill + NOC from landlord (rented) or sale deed (owned)
• Director Consent and Declarations - Form DIR-2 (consent) and INC-9 (declaration) for each director

All fees and charges listed are indicative only and do not constitute a binding offer. Final amounts may vary depending on the volume of work and the complexity involved.

Professional service charges for drafting, filing, and representation are separate from the statutory fees. The exact fee depends on the complexity of the case, disputed amount, and number of hearings required. Contact us for a detailed quote.

Get a free Public Limited Company Registration consultation - Call +91 945 945 6700 or WhatsApp us. No-obligation assessment.

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• Private Limited Company Registration - For businesses seeking limited liability with up to 200 members
• Section 8 Company Registration - For non-profit organisations
• Startup Registration (DPIIT) - For startup recognition and tax benefits
• DSC Registration - Digital Signature Certificate for directors
• GST Registration - Mandatory for businesses exceeding turnover threshold

Governing Act: Companies Act, 2013 (Act No. 18 of 2013)

Key Sections: Section 2(71) defines Public Company. Section 3 covers formation. Section 7 covers incorporation. Section 10A mandates Certificate of Commencement within 180 days. Section 26 covers prospectus requirements. Section 149 specifies director requirements (minimum 3, at least 1 Indian resident). Section 173 mandates 4 board meetings per year with maximum 120-day gap.

Regulatory Bodies: MCA/RoC (all companies) + SEBI (listed companies) + Stock Exchanges (NSE/BSE for listed).

Penalties: Section 10A(2) - Failure to file INC-20A: Rs 50,000 on company + Rs 1,000/day on each officer in default. Section 450 - General penalty Rs 10,000 + Rs 1,000/day continuing default.

Annual Compliance: AGM within 6 months of FY close. 4 board meetings/year (max 120-day gap). AOC-4 (financial statements within 30 days of AGM). MGT-7 (annual return within 60 days of AGM). Statutory audit mandatory. Tax audit if turnover exceeds Rs 1 crore.

Public company compliance deadlines are strict and carry heavier penalties than private companies. INC-20A must be filed within 180 days of incorporation (penalty: Rs 50,000 on company + Rs 1,000/day on directors). AOC-4 must be filed within 30 days of AGM. MGT-7 within 60 days of AGM. Board meetings required every 120 days. Non-compliance can result in director disqualification under Section 164(2) and company strike-off under Section 248.

Register with professional support - Call +91 945 945 6700 or WhatsApp us.

Public Limited Company registration in India is the ideal structure for large-scale businesses seeking to raise capital from the public, list on stock exchanges, and build institutional credibility. Governed by the Companies Act, 2013 and regulated by the Ministry of Corporate Affairs, the registration process requires minimum 7 shareholders and 3 directors, with the company name ending in 'Limited'.

Patron Accounting's CA and CS team has assisted 10,000+ businesses with company incorporation across Pune, Mumbai, Delhi, and Gurugram. With 15+ years experience and a 4.9 Google rating, we handle the complete incorporation process - from multi-subscriber coordination and MOA/AOA drafting to SPICe+ filing and post-incorporation compliance including INC-20A, auditor appointment, and board meeting scheduling.