Overview
A Public Limited Company can invite the public to subscribe to its shares and is the route to a stock exchange listing. It carries more disclosure and governance requirements than a private company.
Key points
- Minimum three directors and seven members
- No cap on the maximum number of shareholders
- Shares are freely transferable, subject to the articles
- Higher governance and disclosure requirements
- Suitable for large-scale capital raising and eventual listing
Typical documents required
- PAN, Aadhaar and address proof of directors and subscribers
- Registered office proof with NOC
- Photographs and DSCs of directors
- Proposed names and object clause details
How we work
Name approval
DSC and DIN for directors
Incorporation filing with MCA
Certificate of Incorporation and post-incorporation compliance setup
Frequently asked questions
Is a public company right for an early-stage startup?
Usually not. Most startups begin as private limited companies and convert later if a public offering is planned.
Can a private company be converted into a public company?
Yes, through a conversion process under the Companies Act, which we handle end to end.
This page gives general information and is not legal or tax advice. Requirements change, so confirm current rules for your situation with us before acting.