Public Limited Company Registration in India
Incorporate an enterprise built for massive scale, public investment, and IPO readiness. A Public Limited Company gives you unlimited shareholder capacity, unrestricted share transferability, and the highest institutional prestige in Indian corporate law.
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Incorporate Public Limited
Complete MCA filing, RoC Certificate, DIN, DSC, PAN & TAN
What Is a Public Limited Company?
A Public Limited Company (PLC) is an incorporated legal entity under the Indian Companies Act, 2013 that has the legal authority to issue shares and accept investments from the public. Its name always ends with the word “Limited” (e.g., Reliance Industries Limited, Tata Motors Limited).
Unlike a Private Limited company which caps members at 200 and prohibits public subscriptions, a Public Limited company allows an unlimited number of shareholders. Shares can be transferred freely on stock exchanges or through private arrangements, making it the supreme legal vehicle for large-scale industrial projects, NBFCs, banking, infrastructure, and high-growth ventures aiming for a stock market listing (IPO).
💡 Best For: High-growth enterprises, manufacturing conglomerates, tech giants planning for public listing, companies applying for NBFC / banking / insurance licenses, and ventures looking to raise significant capital from institutional and retail investors.
Benefits of a Public Limited Company
Public Capital Access
The unique legal privilege to raise equity capital from institutional funds, public markets, and retail investors.
Unlimited Members & Shareholders
No restriction on the maximum number of shareholders, enabling widespread equity distribution.
Freely Transferable Shares
Shares can be transferred, bought, or sold without obtaining prior permission from other board members.
Highest Market & Institutional Trust
Enjoys maximum credibility among banks, international suppliers, institutional investors, and rating agencies.
Limited Liability Protection
Shareholders enjoy complete limited liability protection up to their subscribed share value.
Perpetual Corporate Existence
The entity has independent legal existence that continues unaffected by retirement, death, or insolvency of directors.
Public Limited vs Private Limited vs LLP
| Feature | Public Limited | Private Limited | LLP |
|---|---|---|---|
| Minimum Members | 7 Shareholders | 2 Shareholders | 2 Partners |
| Maximum Members | No Limit (Unlimited) | 200 Shareholders | No Limit |
| Minimum Directors | 3 Directors | 2 Directors | 2 Designated Partners |
| Public Fund Raising / IPO | Permitted (Subject to SEBI) | Strictly Prohibited | Not Allowed |
| Share Transferability | Freely Transferable | Restricted by AoA | Subject to Partnership Deed |
| Statutory Transparency | Highest (Public Filings) | Moderate | Low to Moderate |
Documents Required for Public Limited Incorporation
Permanent Account Number for identity verification
Government identity and residential address proofs
Latest electricity bill, water bill, or gas bill (< 2 months)
No Objection Certificate from property owner
Required for authorized directors to sign MCA SPICe+ forms
Formal consent to act as director and affidavit of non-disqualification
Incorporation Process for Public Limited Company
DSC & DIN for 3 Directors
Obtain Class-3 Digital Signature Certificates (DSC) and Director Identification Numbers (DIN) for all proposed directors.
Name Reservation (RUN / SPICe+ Part A)
File application for company name approval with MCA ensuring compliance with naming guidelines and ending with 'Limited'.
Drafting Public MoA & AoA
Our corporate advocates draft custom Memorandum of Association and Articles of Association including public share capital clauses.
SPICe+ Part B Integrated Incorporation Filing
Submit statutory e-forms on the MCA portal along with AGILE-PRO-S for PAN, TAN, EPFO, ESIC, and corporate bank account opening.
Certificate of Incorporation & INC-20A Commencement
Registrar of Companies issues Certificate of Incorporation (CoI) with Corporate Identity Number (CIN). We then file Form INC-20A for Commencement of Business.
Corporate Client Testimonials
“We needed to convert our manufacturing firm to a Public Limited Company to prepare for institutional private placement. Quick License completed the whole statutory process smoothly without a glitch.”
“Forming a Public Limited entity was required for our RBI lending license. The corporate team at Quick License handled our 7 subscribers, 3 directors, and drafting of specialized MoA clauses flawlessly.”
“Outstanding legal precision. From name reservation with 'Limited' suffix to SPICe+ filing and INC-20A Commencement of Business certificate, they were ahead of schedule.”
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