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What is the Public Limited Company?

 

A Public Limited Company (PLC) is a type of business that can raise funds from the public by issuing shares. It is registered under the Companies Act, 2013, and regulated by the Ministry of Corporate Affairs (MCA). A PLC must have at least three directors and seven shareholders, and it can have unlimited shareholders. Public companies are listed on the stock exchange, which makes it easier for them to raise large capital.

The main advantage of a PLC is that it allows you to expand your business with the help of public investment. It also builds trust among customers, suppliers, and investors. Since the company is a separate legal entity, the personal assets of its members are not at risk if the business suffers a loss.

To register a PLC, you’ll need documents like a PAN card, Aadhaar card, passport-sized photo, address proof of directors and shareholders, and proof of the business address. At CallmyCA, we take care of everything online — from document collection to getting your Certificate of Incorporation (COI).

4 EASY STEPS OF

Public Limited Company Registration

Document Collection & DSC Application
01

Document Collection & DSC Application

Name Approval via RUN Form
01

Name Approval via RUN Form

Filing of Incorporation Forms
01

Filing of Incorporation Forms

Get COI & Draft MOA/AOA
01

Get COI & Draft MOA/AOA

DOCUMENTS CHECKLIST

Documents Required for Public Limited Company Registration Online

Suggest 2-5 Company Name

Suggest 2-5 Company Name

We will check and search if that name is available max up to 5 name searches

Identity Proof of Directors and Shareholders

Identity Proof of Directors and Shareholders

PAN card for Indian nationals and passport for foreign nationals (Minimum 2 Directors/Shareholders).

Address Proof

Address Proof

Aadhar card, voter ID, passport, driving license

Residential Proof

Residential Proof

Recent utility bills or bank statements (Not older than 2 months).

Registered Office Proof

Registered Office Proof

Electricity bill and Rent agreement/NOC from the landlord.

DIN (Director identification Number)

DIN (Director identification Number)

(if any)

DSC

DSC

PAN + Aadhar, Photo, Contact No, Email ID

Interest in other entity (if any)

Interest in other entity (if any)

Name of Director, Name of Entity in which Director has an interest, Type of Interest – eg, Profit shares, % of shareholding, any other interest

Capital Structure of company

Capital Structure of company

Authorised & Issued Capital

Other Details of Directors

Other Details of Directors

Email ID, Mobile No. Education qualification, Occupation, Bank Statement

BENEFITS OF PUBLIC LIMITED COMPANY REGISTRATION

Registering a Public Limited Company offers many advantages

Easy Fundraising

A PLC can raise funds from the general public by issuing shares. This helps in growing the business quickly.

Limited Liability

Shareholders are only responsible up to the amount they have invested. Their assets are safe.

Better Reputation

Public companies are seen as more trustworthy by banks, investors, and customers.

Stock Market Listing

A PLC can be listed on the stock exchange, making it easier to trade shares and raise capital.

Growth Opportunities

With access to more funds and better credibility, a public company can expand its operations easily.

Transferability of Shares

Shares of a public company can be easily transferred, which provides liquidity to shareholders.

Track Your Application Status

Track Your Application Status

Track Your Application Status

Charitable organizations also need TAN if they deduct TDS on payments. We help you get TAN even if you're a non-profit.

TAN is Valid for Life

Once issued, TAN doesn’t expire. It’s a one-time process and valid forever unless you apply for surrender or correction.

FAQ

Frequently Asked Questions

You need a minimum of seven shareholders and three directors to form a public limited company. There is no upper limit on the number of shareholders.

Yes, once the company meets the listing requirements set by SEBI and the stock exchange, it can be listed, allowing public trading of shares.

A private limited company cannot issue shares to the public and has fewer compliance requirements, while a public limited company can raise money from the public and is subject to stricter regulations.

The process usually takes 15 to 25 working days, depending on how quickly the documents are submitted and government approvals.

Yes, every public company must appoint a statutory auditor within 30 days of incorporation, as per the Companies Act.

Yes, foreign individuals or entities can be directors or shareholders, provided they meet the compliance requirements set by the MCA and the RBI.

A public limited company must file annual returns, financial statements, hold board meetings, and comply with ROC filings and SEBI guidelines if listed.

Yes, a private limited company can be converted into a public company by altering its Memorandum and Articles of Association and passing necessary board resolutions.

There is no minimum capital requirement legally, but for listing on the stock exchange, certain capital thresholds must be met as per SEBI.

No, registration as a public company does not mean you must immediately issue shares to the public. It only gives you the option to do so when needed.