Start Your Corporate Journey with Compliance, Credibility & Capital
A Public Limited Company (PLC) is ideal for businesses planning to raise equity capital from the public, attract large-scale investors, and list on the stock exchange. Regulated under the Companies Act, 2013, a public limited company offers transparency, scalability, and statutory trust — making it the preferred choice for large ventures and IPO-ready businesses.
At Draft It Legal, we make your Public Limited Company registration process fast, fully compliant, and legally sound with dedicated legal experts guiding every step.
🚀 Why Choose a Public Limited Company?
- Limited Liability Protection – Shareholders’ liability is limited to their shareholding
- Fundraising from the Public – Raise capital by issuing shares and debentures publicly
- Credibility & Transparency – Regulatory oversight enhances investor and vendor trust
- Stock Market Listing (Optional) – Eligible for listing on recognized stock exchanges
- Separate Legal Entity – Company is distinct from its promoters or shareholders
- Perpetual Succession – Company continues regardless of shareholder changes
📋 Public Limited Company Registration Package Includes:
- Name Approval (RUN or SPICe+)
- DIN for all Directors
- Digital Signature Certificates (DSC)
- Drafting of MOA & AOA
- Filing of SPICe+ Form with MCA
- PAN & TAN Application
- Certificate of Incorporation (COI)
- Bank Account Assistance
- GST Registration (Add-on)
- Legal Advisory for Post-Incorporation Compliance
🧾 Documents Required
From All Directors/Promoters:
- PAN Card (mandatory)
- Aadhaar Card/Voter ID/Passport/Driver’s License
- Passport-size photograph
- Utility bill or bank statement (for address proof)
For Registered Office:
- Electricity Bill / Rent Agreement
- NOC from the property owner (if rented)
🧱 Minimum Requirements to Register a Public Limited Company
Criteria | Requirement |
---|---|
Minimum Shareholders | 7 |
Minimum Directors | 3 (at least one Indian resident) |
Registered Office Address | Mandatory |
Paid-up Capital | No minimum (as per Companies Act) |
DIN & DSC | For all directors |
ROC Filing | With Ministry of Corporate Affairs |
🏦 When Should You Opt for a Public Limited Company?
- You plan to raise capital through IPO or private equity
- Your business involves large-scale public dealings
- You want to build long-term credibility with stakeholders
- You are planning for expansion on a national or global scale
📈 Post-Incorporation Compliances
- Appointment of Auditor (within 30 days)
- Issue of Share Certificates
- Filing Commencement of Business (Form INC-20A)
- Conduct Board Meetings as per law
- Maintain Statutory Registers & Minutes
- Annual ROC Filing (Form AOC-4, MGT-7)
- Income Tax Filing and Audit Reports
- Secretarial Audit (for listed companies or big PLCs)
Our compliance team ensures you meet all mandatory deadlines and reporting standards.
❓FAQs – Public Limited Company Registration
Yes, at least one director must be an Indian resident. Foreign nationals can be directors/shareholders, subject to documentation and KYC.
A Private Limited Company can't issue shares to the public. A Public Limited Company can invite public investment and may get listed on stock exchanges.
No. Listing is optional. A public company can stay unlisted and still raise capital through private placements or rights issues.
Yes. We help in Company Conversion with ROC and regulatory compliance.
Typically 10–15 working days depending on documentation and MCA processing time.